07:02:55 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Keyera Corp
Symbol KEY
Shares Issued 229,153,373
Close 2024-02-15 C$ 32.80
Market Cap C$ 7,516,230,634
Recent Sedar Documents

Globe says TD's Ezergailis reaffirms Keyera at "buy"

2024-02-16 09:22 ET - In the News

The Globe and Mail reports in its Friday, Feb. 16, edition that TD Securities analyst Linda Ezergailis has reaffirmed her "buy" recommendation for Keyera. The Globe's David Leeder writes in the Eye On Equities column that Ms. Ezergailis boosted her share target by a loonie to $38. Analysts on average target the shares at $35.85. Ms. Ezergailis says in note: "While fourth quarter results were overall in line with our expectations, performance across all operating segments was above our forecasts and offset by higher-than-anticipated spending, notably maintenance capital. Relative to Q4/22, liquids infrastructure results were primarily driven by incremental contribution from the acquired 21-per-cent working interest in KFS, higher contracted volumes, and incremental contribution from KAPS. Marketing performance was above management guidance and benefited from higher iso-octane premiums, sales volumes, and motor gasoline pricing. Results from the G&P business were driven by higher contribution from the Pipestone and Cynthia gas plants." The Globe reported on Dec. 14 that Stifel analyst Cole Pereira had reaffirmed his "buy" recommendation on Keyera. The shares were then worth $32.70.

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