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Keyera Corp.
(TSX:KEY)
Keyera Corp. (KEY) vs. iShares MSCI Canada ETF (EWC)
Keyera Corp. Business Overview & Revenue Model
Keyera Corp. Earnings Call Summary
Keyera Corp. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.27B | 7.14B | 7.00B | 7.06B | 4.98B | 3.01B |
| Gross Profit | 1.09B | 1.03B | 1.06B | 917.52M | 787.66M | 650.12M |
| EBITDA | 1.27B | 1.21B | 1.07B | 858.12M | 853.21M | 495.18M |
| Net Income | 530.39M | 486.63M | 424.03M | 328.29M | 324.21M | 62.03M |
Balance Sheet | ||||||
| Total Assets | 10.64B | 8.76B | 8.78B | 8.57B | 8.13B | 7.56B |
| Cash, Cash Equivalents and Short-Term Investments | 44.95M | 118.44M | 20.09M | -209.40M | 15.94M | 2.90M |
| Total Debt | 3.84B | 3.90B | 4.29B | 3.90B | 3.70B | 3.43B |
| Total Liabilities | 7.81B | 5.92B | 6.00B | 5.75B | 5.47B | 4.80B |
| Stockholders Equity | 2.83B | 2.83B | 2.78B | 2.82B | 2.66B | 2.76B |
Cash Flow | ||||||
| Free Cash Flow | 652.31M | 1.01B | 272.80M | 29.40M | 67.21M | 27.84M |
| Operating Cash Flow | 906.04M | 1.27B | 975.49M | 925.33M | 583.84M | 688.17M |
| Investing Cash Flow | -257.30M | -235.31M | -819.71M | -843.92M | -397.12M | -748.31M |
| Financing Cash Flow | -649.49M | -935.65M | -134.26M | -100.65M | -173.85M | 53.80M |
Keyera Corp. Technical Analysis
Keyera Corp. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | C$10.26B | 19.34 | 18.92% | 4.69% | 1.57% | 55.82% | |
65 Neutral | $15.47B | 7.30 | 2.96% | 5.25% | 4.27% | -62.52% | |
| ― | $21.83B | 17.60 | 10.69% | 5.33% | ― | ― | |
| ― | $53.20B | 17.37 | 15.25% | 4.84% | ― | ― | |
| ― | $3.06B | 26.68 | 17.22% | 6.39% | ― | ― | |
| ― | $8.77B | 15.89 | 9.15% | 2.96% | ― | ― | |
47 Neutral | C$97.17M | ― | -21.94% | ― | -30.00% | 84.31% |
Keyera Corp. Corporate Events
Keyera Corp. has announced a 4% increase in its quarterly cash dividend, raising it from $0.52 to $0.54 per common share, amounting to $2.16 annually. The dividend for the third quarter of 2025 will be paid on September 29, 2025, to shareholders of record on September 15, 2025. This move reflects Keyera’s commitment to providing value to its shareholders and may strengthen its position in the energy infrastructure sector.
The most recent analyst rating on (TSE:KEY) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. reported strong second-quarter financial results, driven by robust performance in its Gathering and Processing and Liquids Infrastructure segments. The company announced a 4% dividend increase, reflecting confidence in its stable cash flows. Keyera also highlighted the transformational acquisition of Plains’ Canadian NGL assets, which is expected to enhance service offerings and create value for customers and shareholders. Despite a decline in the Marketing segment due to lower commodity prices, Keyera maintained a strong financial position with a net debt to adjusted EBITDA ratio below its target range. The company remains on track to achieve its growth targets, supported by new long-term contracts and strategic project expansions.
The most recent analyst rating on (TSE:KEY) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. has announced a 4% increase in its quarterly dividend, raising it from $0.52 to $0.54 per common share, which translates to an annual dividend of $2.16. This decision reflects the company’s strong financial performance and commitment to delivering value to its shareholders, potentially enhancing its attractiveness to investors and solidifying its position in the energy infrastructure sector.
The most recent analyst rating on (TSE:KEY) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. has announced the release of its second quarter 2025 financial results, scheduled for August 7, 2025, before market opening. The announcement will be followed by a conference call and webcast, providing stakeholders with insights into the company’s performance and strategic direction. This event is significant for investors and analysts as it offers a detailed view of Keyera’s operational and financial health, potentially impacting its market positioning and stakeholder confidence.
The most recent analyst rating on (TSE:KEY) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. announced the successful closing of a $2.07 billion bought-deal offering of subscription receipts, which will trade on the Toronto Stock Exchange under the symbol ‘KEY.R’. The proceeds are intended to finance part of Keyera’s acquisition of Plains’ Canadian natural gas liquids business and select U.S. assets, expected to close in the first quarter of 2026. This strategic move is anticipated to enhance Keyera’s market position in the energy infrastructure sector, providing growth opportunities and strengthening its asset base.
The most recent analyst rating on (TSE:KEY) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. announced a $1.8 billion bought-deal offering of subscription receipts to finance the acquisition of Plains’ Canadian natural gas liquids business and select U.S. assets. This strategic move is expected to enhance Keyera’s market position and expand its asset base, potentially benefiting shareholders through increased dividends and strengthening its operational capabilities.
The most recent analyst rating on (TSE:KEY) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. has announced a transformative acquisition of Plains’ Canadian NGL business and select U.S. assets for $5.15 billion, significantly expanding its NGL infrastructure across Canada. This strategic move is expected to enhance Keyera’s market position by providing more reliable services and diversified market access, while also delivering immediate shareholder value and supporting Canada’s energy infrastructure resilience.
The most recent analyst rating on (TSE:KEY) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. has announced the sanctioning of KAPS Zone 4, an 85-kilometre pipeline extension, enhancing connectivity to the Montney regions in British Columbia and Alberta. This strategic expansion, backed by long-term agreements with Montney producers, is expected to boost Keyera’s competitive position and support sustainable dividend growth through increased contracted volumes and diversified market access.
The most recent analyst rating on (TSE:KEY) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. announced the retirement of directors Michael Norris and Douglas Haughey, marking a significant transition in its board leadership. The company also revealed the election of new directors, T. Tim Kitchen and Bob Pritchard, who bring substantial experience in the energy and investment banking sectors. The voting results from the Annual and Special Meeting of Shareholders showed strong support for all nominees and resolutions, including executive compensation and auditor appointments, indicating shareholder confidence in Keyera’s strategic direction.
The most recent analyst rating on (TSE:KEY) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. announced its first quarter 2025 financial results, highlighting a net earnings increase to $130 million and a fee-for-service realized margin growth of 9% compared to the previous year. The company sanctioned the KFS Frac III expansion, aiming to enhance its infrastructure and support long-term shareholder value. Despite a maintenance outage impacting the Marketing segment’s margin, Keyera maintains a strong financial position with a net debt to adjusted EBITDA ratio of 2.0 times, below its target range. The company continues to pursue organic growth opportunities and has secured additional long-term contracts, aligning with its strategic growth objectives.
The most recent analyst rating on (TSE:KEY) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.
Keyera Corp. announced a quarterly cash dividend of $0.52 per common share for the second quarter of 2025, payable on June 30, 2025. This decision reflects the company’s ongoing commitment to delivering shareholder value and maintaining a stable financial outlook, reinforcing its position in the energy infrastructure sector.
The most recent analyst rating on (TSE:KEY) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Keyera Corp. stock, see the TSE:KEY Stock Forecast page.