Keyera Corp T.KEY

Alternate Symbol(s): KEYUF

Energy Oil & Gas Midstream

Keyera Corp. is a Canada-based company, which operates an integrated energy infrastructure business. The Company operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment includes raw gas gathering systems and processing plants located in natural gas production areas primarily on the western side of the Western Canada Sedimentary Basin. The operations primarily involve providing natural gas gathering and processing, including liquids extraction and condensate stabilization services to customers. This segment also includes sales of ethane volumes. The Liquids Infrastructure segment provides fractionation, storage, transportation and terminalling services for natural gas liquids (NGLs) and crude oil. The Marketing segment is primarily involved in the marketing of NGLs, such as propane, butane, and condensate; and iso-octane to customers in Canada and the United States, as well as liquids blending.

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Keyera Corp > KEY has hit the analyst target price

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Comment by SargeXon Jun 07, 2021 3:18pm

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Post# 33341867

RE:RE:RE:KEY has hit the analyst target price

Hey B2T

Great to hear from you and thanks on the nice comments and great to hear posting my stock list was of use.

All is going wonderfully these days. We've been hitting all time highs on our portfolio total throughout the year including a new one on Friday. I'm actually quite surprised the market keeps going up but I guess the re-opening really has people feeling optimistic.

On the midstream front, we just sold the last of our IPL last week at $20.25 and did reasonably well on it. It was an 11 year hold so quite the long period. We added to all our other 4 (ENB, KEY, PPL, and TRP) early in the year and then again in early May. I like having all 4 as it spreads the risk around. All of them have done relly well this year with total YTD returns from 20% for ENB to 49% for KEY.

I would think PPL would hit $42 by year end but not sure on $45. It's already had a good run and the whole IPL deal is a big unknown. I'm now hoping that BIP wins the take-over balttle and PPL just takes the $350M breakup fee and runs. I'd also be fine if PPL wins the take-over with the 0.5 share ratio offer but hope they don't get into a bidding war. The news today makes it sound like they are going to hold firm but who really knows.

Take her easy
Sarge

born2trade wrote: Sarge - hope all is well with you.

KEY is blowing its peers big time . I bought PPL and KEY just before US election in late Oct/Nov last year and return on KEY is almost double of what is on PPL . luckily , I have much higher weightage on KEY than PPL . KEY has more growth opportunities and probably this is why fund mangers are picking this one over other mid-streamers. do you see PPL hitting $45 by end of this year or is it a big stretch?

you sharing the portfolio of your stocks me and others was a great help last year. big thanks to you pal .

SargeX wrote: Hey Hawk

How she go?

KEY has been quite the pleasant surprise this year. At the start of the year, my rating (in order) of our midstreamers was TRP, ENB, PPL, KEY, and then IPL. I basiclly had high hopes for all of them other than being some question around IPL. We swapped out a lot of our pure renewables at the end of last year/early this year and put a big chunk of it into midstreamers and banks.

I certainly couldn't have imagined how well that would work out. I was just looking at total return from our Morningstar watchlist and KEY has a YTD% of 49.03%. Absolute beauty.

Take her easy
Sarge