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Keyera Corp T.KEY

Alternate Symbol(s):  KEYUF

Energy Oil & Gas Refining & Marketing
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.


TSX:KEY - Post by User

Keyera Corp
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Post by Ariahpon May 18, 2022 11:44am
214 Views
Post# 34692462

Scotia Picks KEY & PPL Top Picks

Scotia Picks KEY & PPL Top Picks

 Scotiabank said Wednesday that median first-quarter results for Canadian utilities and energy infrastructure companies were 4% ahead of its estimates and consensus.

Given this strength, Scotiabank said it has seen median consensus estimates increase not only for 2022, but also for 2023 and 2024.

Scotiabank picked Keyera Corp. (KEY.TO) and Pembina Pipeline Corp. (PPL.TO) as its go-to names in the midstream subsector, citing the strong energy price environment and potential for oil/ gas volume growth.

Both companies raised their 2022 guidance outlook on the back of stronger marketing conditions.

 

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