Bullboard - Stock Discussion Forum 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... see more

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TSX:KEY - Post Discussion

Keyera Corp > M & A

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Post by Puma1back on Nov 25, 2021 7:13am

M & A

We are trading at a yield of over 6.5% which is a pretax distribution metric . On an interest equivalency it is more like 8% which is well north of any long term borrowing costs. - almost double in fact.

our market cap is a fraction of the big brothers in the field; even ppl is almost 4 times the size of Key.

we are also similar to IPL in that we have a high margin growth asset that is getting closer to an in service date all the time.

It just seems that KEY will be acquired as M & A has to pick up in a sector that has otherwise hit a space where new builds growth is hitting a wall.

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Comment by pjn0987654321 on Nov 25, 2021 8:23am

Interesting points. I'd rather not see it acquired, and I didn't want to see IPL acquired either. The usual reasons.

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Comment by mrbb on Nov 26, 2021 3:41pm

NG price up, oil price down, KEY, a gas processor down, totally weird

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Comment by Puma1back on Nov 26, 2021 4:12pm

All the pipelines were down, though KEY certainly had more volatility than the others. But that's because it is the baby in the group, and why I think it will not stay as a standalone entity in the sector.

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