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 > Fighting the Shorts

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Comment by Puma1backon Jun 14, 2024 3:22pm

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Post# 36089766

RE:RE:RE:Fighting the Shorts

only day 1 of ex-dividend and the low drop spread is 2.5 times the dividend amount of 50 cents. Easy traders pickings and nice way to reduce short carrying costs

Puma1back wrote:
some serious volumes over last 2 days - yesterday almost double the usual & today another doubling.

still wondering if it is part of a strategy for shorts to play over ex-dividend day to reduce their costs on the short positions? Short over the date and you have to pay the 50 cents but if it drops over the following days by $1.50 you still pulled in a buck a share and reduced your costs on your short positions.

if it is M&A involved activity, then there are some loose lips about.

Puma1back wrote: It goes ex-dividend on Friday - they are jamming it up till tomorrow than Friday i bet it drop 2 to 3 times the 50 cent dividend. Happens almost every quarter.