Keyera Corp

KEY-T

TSE:KEY

22.74
0.72 (3.07%)
Keyera is one of the largest midstream oil and gas operators in Canada. The company services oil and gas producers in Western Canada and transports natural gas liquids such as propane, ethane, butane, ...
More at Wikipedia

Analysis and Opinions about KEY-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
July 17, 2020
He thinks the company is paying out too much cash flow to dividends. Cash flow is $1.29 yet they are paying out $1.92. With the collapse of oil the stock price has collapsed as well. So much depends on if you are bullish on oil. Commodity forecasting is something he does not do. The balance sheet is not very strong for this one.
Show full opinionHide full opinion
Keyera Corp (KEY-T)
July 17, 2020
He thinks the company is paying out too much cash flow to dividends. Cash flow is $1.29 yet they are paying out $1.92. With the collapse of oil the stock price has collapsed as well. So much depends on if you are bullish on oil. Commodity forecasting is something he does not do. The balance sheet is not very strong for this one.
BUY
BUY
July 16, 2020
Allan Tong’s Discover Picks This midstream player extracts liquids from natural gas, a commodity which is safer than oil. Keyera currently pays a whopping 9.5% dividend yield, so the obvious question is, Is it safe? Bay Street thinks so. Read Best Dividend Stocks Canada for our full analysis.
Show full opinionHide full opinion
Keyera Corp (KEY-T)
July 16, 2020
Allan Tong’s Discover Picks This midstream player extracts liquids from natural gas, a commodity which is safer than oil. Keyera currently pays a whopping 9.5% dividend yield, so the obvious question is, Is it safe? Bay Street thinks so. Read Best Dividend Stocks Canada for our full analysis.
TOP PICK
TOP PICK
July 13, 2020
Offers stable earnings and pays over a 9% dividend. Volumes in natural gas remain steady, though Keyera had to switch some processing facilities. Good balance sheet compared to peers; lower valuation and good cash flow. They're growing and pay a good dividend. (Analysts’ price target is $25.79)
Show full opinionHide full opinion
Keyera Corp (KEY-T)
July 13, 2020
Offers stable earnings and pays over a 9% dividend. Volumes in natural gas remain steady, though Keyera had to switch some processing facilities. Good balance sheet compared to peers; lower valuation and good cash flow. They're growing and pay a good dividend. (Analysts’ price target is $25.79)
BUY WEAKNESS
BUY WEAKNESS
July 3, 2020
Payout ratio sustainable? A name he has owned for many years. Very talented management team. They have diverted capex, improved liquidity and refinanced debt, so he does not think the dividend is at risk. He also does not think it will grow much over the next couple of years. A long term investor would see this as an excellent investment. Short term, there will likely be more uncertainty regarding economic recovery. The payout ratio is estimated at 80%. Yield 9.33%
Show full opinionHide full opinion
Keyera Corp (KEY-T)
July 3, 2020
Payout ratio sustainable? A name he has owned for many years. Very talented management team. They have diverted capex, improved liquidity and refinanced debt, so he does not think the dividend is at risk. He also does not think it will grow much over the next couple of years. A long term investor would see this as an excellent investment. Short term, there will likely be more uncertainty regarding economic recovery. The payout ratio is estimated at 80%. Yield 9.33%
COMMENT
COMMENT
April 22, 2020

Historically these have been great assets to own. They will follow energy stocks in general too. He prefers to own KEY over PPL. There have been concerns about insolvencies with producers in the energy space with low oil prices. He has added more to their KEY holdings, thinking the natural gas space is safer than oil right now. He would own a couple of holdings in a diversified way.

Show full opinionHide full opinion
Keyera Corp (KEY-T)
April 22, 2020

Historically these have been great assets to own. They will follow energy stocks in general too. He prefers to own KEY over PPL. There have been concerns about insolvencies with producers in the energy space with low oil prices. He has added more to their KEY holdings, thinking the natural gas space is safer than oil right now. He would own a couple of holdings in a diversified way.

HOLD
HOLD
March 11, 2020

This is a midstream company that takes natural gas and extracts liquids for octane enhancers and other valuable liquids, while taking a toll from the energy producers. He thinks 30% of their total decline is their association to the energy sector. The other portion of the share decline is related to perceived counter-party credit risk -- will their customers be able to pay them. They have strategic assets in Alberta and we know it is harder to do business in energy in Canada. He is still holding this for now, just be careful of how much exposure you have with the mid-stream companies these days. They do not have a debt problem, so the dividend looks safe for this year he thinks. Yield 9.6%

Show full opinionHide full opinion
Keyera Corp (KEY-T)
March 11, 2020

This is a midstream company that takes natural gas and extracts liquids for octane enhancers and other valuable liquids, while taking a toll from the energy producers. He thinks 30% of their total decline is their association to the energy sector. The other portion of the share decline is related to perceived counter-party credit risk -- will their customers be able to pay them. They have strategic assets in Alberta and we know it is harder to do business in energy in Canada. He is still holding this for now, just be careful of how much exposure you have with the mid-stream companies these days. They do not have a debt problem, so the dividend looks safe for this year he thinks. Yield 9.6%

DON'T BUY
DON'T BUY
March 11, 2020

It's about balance sheet and fear of loss of clients. It's more at risk in an environment like this. This one will struggle. The ones that are safe would be ENB, TRP, PPL, GEI.

Show full opinionHide full opinion
Keyera Corp (KEY-T)
March 11, 2020

It's about balance sheet and fear of loss of clients. It's more at risk in an environment like this. This one will struggle. The ones that are safe would be ENB, TRP, PPL, GEI.

BUY
BUY
March 10, 2020
Sell Hudbay to buy Keyera? As for Keyera, it's an apples and oranges talk--very different companies. But Keyera is a stronger company financially, so it'd be an uptrade.
Show full opinionHide full opinion
Keyera Corp (KEY-T)
March 10, 2020
Sell Hudbay to buy Keyera? As for Keyera, it's an apples and oranges talk--very different companies. But Keyera is a stronger company financially, so it'd be an uptrade.
BUY
BUY
February 10, 2020
When you look at the midstream space today, they are positioned very well in terms of growth opportunities out to 2022. He thinks you are getting a cheaper valuation and above average growth.
Show full opinionHide full opinion
Keyera Corp (KEY-T)
February 10, 2020
When you look at the midstream space today, they are positioned very well in terms of growth opportunities out to 2022. He thinks you are getting a cheaper valuation and above average growth.
BUY
BUY
February 10, 2020

He likes it--slower growth, higher yield, something to hold onto for the long term. Its valuation is lower than its peers. Its debt is lower than ENB-T's. The dividend pays over 6%. Not flashy and it's boring, but you want something safe like this. Oil itself swings to extremes though millennials and ESG will stay away from energy long-term.

Show full opinionHide full opinion
Keyera Corp (KEY-T)
February 10, 2020

He likes it--slower growth, higher yield, something to hold onto for the long term. Its valuation is lower than its peers. Its debt is lower than ENB-T's. The dividend pays over 6%. Not flashy and it's boring, but you want something safe like this. Oil itself swings to extremes though millennials and ESG will stay away from energy long-term.

WEAK BUY
WEAK BUY
January 20, 2020
Long owned this, though it's been frustrating in recent years. But at least he's getting paid to wait. This should be trading close to $40. If now, collect the dividend and wait.
Show full opinionHide full opinion
Keyera Corp (KEY-T)
January 20, 2020
Long owned this, though it's been frustrating in recent years. But at least he's getting paid to wait. This should be trading close to $40. If now, collect the dividend and wait.
PAST TOP PICK
PAST TOP PICK
December 13, 2019

(A Top Pick Jun 14/19, Up 7%) The stock was beaten up and it was very difficult. Infrastructure space was well valued. The stock has stalled in a 3 years basis. Consistent growth and good dividend. A core holding.

Show full opinionHide full opinion
Keyera Corp (KEY-T)
December 13, 2019

(A Top Pick Jun 14/19, Up 7%) The stock was beaten up and it was very difficult. Infrastructure space was well valued. The stock has stalled in a 3 years basis. Consistent growth and good dividend. A core holding.

WEAK BUY
WEAK BUY
December 4, 2019

ENB vs. Keyera for dividend safety They pay the same yield. FMV of Keyera is 14% higher and Enbridge is 13.4% than current stock prices. Keyera has resistance at $36 (sell at this point). The big difference is, the balance sheet of Enbridge is slipping away, while Keyera's is rising, so he mildly prefers Keyera. Both have limited upside.

Show full opinionHide full opinion
Keyera Corp (KEY-T)
December 4, 2019

ENB vs. Keyera for dividend safety They pay the same yield. FMV of Keyera is 14% higher and Enbridge is 13.4% than current stock prices. Keyera has resistance at $36 (sell at this point). The big difference is, the balance sheet of Enbridge is slipping away, while Keyera's is rising, so he mildly prefers Keyera. Both have limited upside.

COMMENT
COMMENT
November 29, 2019
IPL vs ENB? IPL is really a Western Canadian story with a 7.7% yield, whereas ENB is a North American play. IPL is building a petrochem plant, which is going to require a lot of debt. He thinks investors were upset with the take-over bid as they never were given a chance to vote on it. At this price level, he likes it. He prefers KEY.
Show full opinionHide full opinion
Keyera Corp (KEY-T)
November 29, 2019
IPL vs ENB? IPL is really a Western Canadian story with a 7.7% yield, whereas ENB is a North American play. IPL is building a petrochem plant, which is going to require a lot of debt. He thinks investors were upset with the take-over bid as they never were given a chance to vote on it. At this price level, he likes it. He prefers KEY.
BUY WEAKNESS
BUY WEAKNESS
October 31, 2019
It is a core holding for him. It is more gas oriented. They are looking at an interesting expansion projects in western Canada and the stock does not get a lot of respect for them from this. He does not think they will have to issue equity but that threat may be overhanging the stock price. He likes the company and the management.
Show full opinionHide full opinion
Keyera Corp (KEY-T)
October 31, 2019
It is a core holding for him. It is more gas oriented. They are looking at an interesting expansion projects in western Canada and the stock does not get a lot of respect for them from this. He does not think they will have to issue equity but that threat may be overhanging the stock price. He likes the company and the management.
Showing 1 to 15 of 316 entries

Keyera Corp(KEY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 16

Stockchase rating for Keyera Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Keyera Corp(KEY-T) Frequently Asked Questions

What is Keyera Corp stock symbol?

Keyera Corp is a Canadian stock, trading under the symbol KEY-T on the Toronto Stock Exchange (KEY-CT). It is usually referred to as TSX:KEY or KEY-T

Is Keyera Corp a buy or a sell?

In the last year, 16 stock analysts published opinions about KEY-T. 13 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Keyera Corp.

Is Keyera Corp a good investment or a top pick?

Keyera Corp was recommended as a Top Pick by Ross Healy on 2020-07-17. Read the latest stock experts ratings for Keyera Corp.

Why is Keyera Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Keyera Corp worth watching?

16 stock analysts on Stockchase covered Keyera Corp In the last year. It is a trending stock that is worth watching.

What is Keyera Corp stock price?

On 2020-08-07, Keyera Corp (KEY-T) stock closed at a price of $22.74.