Keyera Corp. (TSE:KEY) has released an update.
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Keyera Corp. reported a strong start to 2024 with solid financial performance across its business segments, highlighted by a record margin in its Liquids Infrastructure segment and robust growth in its Fee-for-Service operations. Despite a dip in net earnings, the company showcased an improved adjusted EBITDA and maintains a strong financial position with net debt below its target. Additionally, Keyera has increased its 2024 Marketing segment guidance, reflecting optimistic projections for its iso-octane business and lower butane feedstock costs.
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