(KEY) Keyera - Ratings and Ratios

Keyera Corp. (TO:KEY) is a leading Canadian energy company specializing in the gathering, processing, transportation, storage, and marketing of natural gas liquids (NGLs) and natural gas. Established in 1998 and headquartered in Calgary, Alberta, Keyera operates through three core business segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The company has a strong presence in both Canada and the United States, leveraging its extensive infrastructure to optimize the value chain for NGLs and other hydrocarbons.

The Gathering and Processing segment focuses on the collection and treatment of raw natural gas through a network of pipelines and processing plants. These facilities remove impurities such as water and sulfur dioxide, separating the gas into its economic components, primarily NGLs (ethane, propane, butane, and condensate). Additionally, this segment offers ancillary services, including NGL extraction, stabilization, and loading, ensuring efficient operations for producers.

The Liquids Infrastructure segment manages a comprehensive network of storage and transportation assets for NGLs and condensate. This includes underground caverns, above-ground tanks, fractionation facilities, and pipelines. Keyera also operates rail and truck terminals, facilitating the distribution of NGL by-products to domestic and international markets. This segment further produces iso-octane, a high-value blending component for clean fuels, and engages in liquids blending activities to meet specific customer requirements.

The Marketing segment is responsible for the sale and distribution of various energy products, including propane, butane, condensate, iso-octane, natural gas, and crude oil. Keyeras marketing operations are supported by its logistics capabilities, enabling the company to deliver products to diverse markets efficiently.

Keyera Corp. was reorganized from Keyera Facilities Income Fund in 2011, transitioning to a corporate structure to enhance its growth and operational flexibility. With a market capitalization of approximately $9.5 billion CAD, the company is a significant player in the North American midstream energy sector, known for its integrated business model and strategic infrastructure.

Ticker Symbol: KEY Exchange: TO Type: common stock Country Origin: Canada GICS Sub Industry: Oil & Gas Storage & Transportation

3-month forecast: Based on and , Keyeras stock is expected to trade within a range of $40-$44 CAD over the next quarter. Support is anticipated near the 200-day SMA ($41.08), with resistance near the 50-day SMA ($42.11). The ATR of 1.18 suggests moderate volatility. Fundamentally, the companys P/E of 19.61 and forward P/E of 19.88 indicate expectations for stable earnings growth, supported by its strong return on equity (17.19%) and efficient operations in the Oil & Gas Storage & Transportation sector.