Keyera Corp (KEY-T)

Excellent company with very strong assets. Skilled management team that is able to allocate capital well. Market starting to recognize value of company - expecting 20-30% upside. Dividend very safe. 

Owns in his balanced fund for income. Strong long-term performer. Hopefully will benefit from more LNG buildouts. Oil & gas prices are decent. In the face of lower interest rates, offers stable dividend without much regulatory concern.

Hard to tell if it will go higher, as it's not a high-growth company. Perhaps expect 8-10% long-term growth with dividends. One of the best infrastructure names in Canada.

Steady uptrend of higher lows and higher highs. Beautiful rising channel, nice accumulation. So far, continuing to trend upward. Yield is 5%.

Would recommend buying. Good for a 2-5 year hold. LNG Canada & Transmountain completion very good for the business. Major oil & gas expansion will help generate higher profits. Would recommend buying. 

ALA is your best pick in the space, followed by GEI. PPL and KEY round out the group of names to look at.

Interest-sensitive pipelines have all had a rough time. He owns ENB.

These companies have great assets that aren't going away. CEOs of these companies feel it's difficult to do business in Canada. ENB, for example, is dedicating all its capital to the US. That's going to be the strategy if these companies want to grow. 

Good time to buy. Though rates aren't going down as quickly as people think, they're not going up from here. That's the value proposition. Over the next 6-9 months or so, rates will come down at the short end and the yield curve will look differently. These companies will benefit from that.

Trades at only 15x, pays a 6.1% dividend and boasts a strong balance sheet. Expects them to continue to raise that dividend after 10 years.

Utility style company with reliable dividend. Lots of share issuance - a concern. Better options for investors in markets. Lots of a debt impacted by rising interest rates. 

Mostly nat gas plants and processing. Critical infrastructure. A great, steady mid-stream business. 10-year lows on valuation. Yield is 5.96%.

Steady dividend in a noisy macro time, without a lot of risk. Beat on Q2. Low leverage and payout ratio. Expects higher valuations once market becomes comfortable with Key Access Pipeline.

Trades at a decent 16x and 6.4% dividend and decent growth rate. It remains a good play on LNG.

Through its investments, has shown itself to be much more than a conventional pipeline company. Held up better than others in the space. Good things for the future. Happy to hold.

Not buying for growth clients, but more for a balanced and income-focused portfolio. All the pipelines are down, but he still expects them to raise dividends going forward.

His preference in the space, with its new KAPS program. See his Top Picks.

The dividend is safe. What makes KEY different from the pipeline stocks is that KEY carries some commodity risk; they're a little tied to the price of the commodity they transports. The PE has declined and it pays a decent dividend.