Keyera Corp T.KEY

Alternate Symbol(s): KEYUF

Energy Oil & Gas Midstream

Keyera Corp. operates an integrated Canadian energy infrastructure business with interconnected assets and expertise in delivering energy solutions. The Company's predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage and marketing; iso-octane production and sales, and a condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Its segments include Gathering and Processing, Liquids Infrastructure and Marketing. Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products and separate the economic components, primarily natural gas liquids (NGLs). Liquids Infrastructure segment owns and operates a network of facilities for the gathering, processing, storage and transportation of the by-products of natural gas processing. Marketing segment is involved in the marketing of NGLs.

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Keyera Corp > Confirms Ratings on Keyera

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Post by Ariahpon Oct 22, 2021 1:34pm

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Post# 34038179

Confirms Ratings on Keyera

22 Oct 202112:45 ET

12:45 PM EDT, 10/22/2021 (MT Newswires) -- DBRS said Friday that it has confirmed the issuer rating and the rating of the senior unsecured notes of Keyera Corp. (KEY.TO) at BBB.

The company's stock fell 1.3% on last look on Friday in Canada.

Also, the rating agency confirmed the rating of the company's subordinated notes at BB (high). All trends are stable.

The confirmations are based on the company's financial resiliency in coping with the low oil price environment and the ongoing COVID-19 pandemic.

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