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Keyera Corp T.KEY

Alternate Symbol(s):  KEYUF

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

Comment by JohnSPon Aug 09, 2023 3:15pm
129 Views
Post# 35580180

RE:New Press Release - Keyera Increases Quarterly Dividend By 4.2% And Announces Third Quarter Distribution

RE:New Press Release - Keyera Increases Quarterly Dividend By 4.2% And Announces Third Quarter DistributionWell that was a surprise, 1) as ahead of tomorrow morning's before the bell Q2 Results PR, and 2) as in Q1 Rsults Conf Call Q&A, KEY said "Our immediate focus has certainly been to bring KAPS online and given the sheer size of the investment, we want to ensure that the pipeline operates and cash flows ramp according to plan. The next focus is to return to our long history of dividend growth."

So this raise bodes well for KAPS and for tomorrow's Q2 Results, so just bought more.
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