Keyera Corp T.KEY

Alex Ruus - BNN - TOP PICK

[Possibleidiot01]

TOP PICK

Keyera Corp(KEY-T)

31/08/2023

 

Mostly nat gas plants and processing. Critical infrastructure. A great, steady mid-stream business. 10-year lows on valuation. Yield is 5.96%.

(Analysts’ price target is $35.57)

oil / gas

 

$33.560

Owned

https://www.bnnbloomberg.ca/investing/video/alex-ruus-top-picks~2757411

[Puma1back]

Wonder if today's drop suggests part of the run up was speculation that Enb's M & A might have targeted Key?  not even ex-dividend

[TimeTooSoar]

We'll put...  I couldn't understand why this traded down so much today. 

[JohnSP]

I believe negative reaction to ENB's utilities acquisition pulled all pipeline co's down, my TRP was also down. That said sold half my KEY.TO as been holding up well, and bought ENB.TO as beaten down over last year plus today's plunge. GLTA.

[hawk35]

I suspect todays drop was people selling KEY to buy into ENB weakness. 

[Puma1back]

Well best performer in the group for the year - but not saying a lot.  i still see this as a consolidation candidate given the roburst belief in NG - exclusive of the exploration crews