For income investors, pipelines look great. Great dividend. The sector suffered neglect as people chased higher growth areas of the market. He owns ENB, PPL, and TRP. Also consider KEY, which has more exposure to the commodity. Makes a lot of sense for conservative investors.
Put in a TFSA? A top pick. You can put it in a TFSA as long as you're diversified across sectors, like real estate and industrials. He likes the nat gas business in western Canada and KEY should do relatively well; nat gas is key for Keyera. Doesn't expect this company to do anything exciting, just maintain its business. This will be a $30 stock, but KEY suspended a billion-dollar infrastructure project and are competing in this area with Pembina. With the new CEO, what is the strategy? A question mark. The stock now is still cheap enough given all that.
Put in a TFSA? A top pick. You can put it in a TFSA as long as you're diversified across sectors, like real estate and industrials. He likes the nat gas business in western Canada and KEY should do relatively well; nat gas is key for Keyera. Doesn't expect this company to do anything exciting, just maintain its business. This will be a $30 stock, but KEY suspended a billion-dollar infrastructure project and are competing in this area with Pembina. With the new CEO, what is the strategy? A question mark. The stock now is still cheap enough given all that.
Keyera vs. Pembina He owns both. Keyera: pays a slightly higher dividend, but also slightly riskier, due to its mix of liquids and gas processing, so probably more earnings volatility short-term. Pembina is a pipeline play with operating cash flow around 9-10x. They were resilient in the downturn. What's good about both is that they are sensitive to volumes, not the oil price, especially Pembina. The dividends are safe and earnings resilient. If the stocks do nothing, at least both pay more than 8% in dividend yields.
Keyera vs. Pembina He owns both. Keyera: pays a slightly higher dividend, but also slightly riskier, due to its mix of liquids and gas processing, so probably more earnings volatility short-term. Pembina is a pipeline play with operating cash flow around 9-10x. They were resilient in the downturn. What's good about both is that they are sensitive to volumes, not the oil price, especially Pembina. The dividends are safe and earnings resilient. If the stocks do nothing, at least both pay more than 8% in dividend yields.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 15
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 19
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
In the last year, 19 stock analysts published opinions about KEY-T. 15 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Keyera Corp.
Keyera Corp was recommended as a Top Pick by John Zechner on 2021-06-18. Read the latest stock experts ratings for Keyera Corp.
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.
19 stock analysts on Stockchase covered Keyera Corp In the last year. It is a trending stock that is worth watching.
On 2021-06-22, Keyera Corp (KEY-T) stock closed at a price of $33.08.
(A Top Pick Jul 13/20, Up 75%) Sold it on a good price move. Bought it for the huge dividend which was around 10%. Stock has moved back up and it hit their price target. Moved into Enbridge, Pembina and TC Energy.