Keyera Corp.KEY.TO

$56.46+0.50 (+0.89%)
TSXEnergy24:00 UTC

Company snapshot

Market Cap
$13B
Large-cap
+101%
2016 — today
10-Year Price
+51%
2016 — today
52-Week Range
$40.49$59.11
Current $56.46· 86%

Keyera Corp. specializes in energy infrastructure within Canada, structured around three core operational divisions. Its Gathering and Processing segment is responsible for acquiring and refining raw natural gas through its network of pipelines and processing plants. This involves collecting the gas, removing impurities, and separating valuable components like natural gas liquids (NGLs), in addition to providing condensate handling. This division encompasses approximately 4,400 kilometers of gathering pipelines and interests in 12 active gas plants situated in Alberta. The Liquids Infrastructure segment delivers comprehensive services for NGLs and crude oil, covering everything from collection, processing, and fractionation to storage, transport, blending, and terminal services. This is supported by a robust network featuring underground NGL storage caverns, above-ground tanks, NGL fractionation and de-ethanization facilities, pipelines, and rail and truck terminals, including the Alberta EnviroFuels facility where it produces iso-octane. The Marketing segment focuses on the sale of propane, butane, condensate, and iso-octane, alongside various liquids blending activities. Founded in 2003 and originally known as Keyera Facilities Income Fund, the company adopted the name Keyera Corp. in January 2011 and maintains its headquarters in Calgary, Canada.

Valuation in context

P/E ratio
72.4
Near historic high
Near historic highs — last 10 years
P/B ratio
5.1
Near historic high
Near historic highs — last 10 years
EV / EBITDA
15.5
Near historic high
Near historic highs — last 10 years
Dividend Yield
3.8%
Near historic low
Near historic low — last 10 years
PEG ratio
3.2
Above average
Pricier than usual over the last 10 years
FCF Yield
4.3%
Above average
Above the 10-year average
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