Canada markets closed

Keyera Corp. (KEY.TO)

Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
32.09+0.11 (+0.34%)
At close: 04:00PM EDT

Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Aug. 15, 2022.

Sign in to post a message.
  • L
    Lance
    Fundamentally under valued.
  • A
    Anywhere
    This stock is highly recommended however today opened my eyes simply wallstreet put out a warning that the payout ratio is to high, thoughts
  • h
    han solo
    killer earnings, time to boost our divies!!!
  • A
    Analytica
    This company follows the price of O&G, great earnings and look at this....Jan Stuart of Piper Sandler calling yesterday's week implied gasoline demand estimate from the EIA (which caused oil to tumble 4%) "crooked numbers."
  • L
    Lance
    I just purchased more. Its been 3 years ownin these shares; i entered at 36 and averaged down 3 years later. Don't ask me why i like pain so much.
  • M
    Mike
    great earnings. Not sure why the drop but I will accumulate sub 30
  • A
    Analytica
    Top Pick on Bloomberg Market Call today!
  • D
    DB C
    Are we potentially a take out target here ? Brookfield ? Blackstone ?
  • G
    George
    Very good quarterly results, but no dividend increase?
    Payout ratio dropped by 20% to 51%. Shareholders seem to be ignored.
  • J
    J
    A buy at $27 CDN
    7% dividend
  • G
    George
    Good recovery.
  • V
    Vlad Impala
    The week of Jun 17 was the worst week (-13.3%) since 20 Mar 2020; it was followed by another down week (-2.5%). Jun 2022 has the worst MTD drop (-17.1%) since Sep 2020.
  • S
    Steve
    Good company but there's going to be some demand destruction because of the high oil prices and then soon to be recession.
  • A
    Alex takes it in the bum
    no complaints over here :) I'm enjoying the dividend returns 😎
  • J
    John
    I bought at $20 months ago. In it for the dividends. The share price can bounce all it wants..
  • C
    Chris
    People selling Keyera this morning on this financial report have no clue, and the smart money will buy the dip. Let's look at the facts of 2020:
    DCF of $718m - 21% increase to 2019 (which was a record year)
    Dividends paid represents 59% of this total
    The full year net loss is due to a NON CASH IMPAIRMENT. It's paper loss folks! A write-down of assets. Investors need to be looking at Adjusted EBITDA which doesn't include this charge:
    $874 million, only 7% off 2019, again a record year for Keyera.

    Folks, this is a reflection of exceptional business and cash management, and a tremendous year for shareholders.
  • C
    Chris
    These are great results. The drop in earnings is related to a write down, not uncommon to revalue assets in this environment. What I see is YTD the payout ratio is down to 54% from 67% last year. Distributable cash flow up $150 MILLION dollars. This is a very safe dividend and there is tons of upside now that the new Pipestone gas plant is up and running...5 months ahead of schedule. Long and strong!!!
  • D
    David
    The news is were way undervalued.. And oil is breaking up past $53 bucks
  • C
    Chris
    I would not have expected this to be in the negative on a day where everyone is talking about the surging price of NG and surging demand
  • A
    Analytica
    In a research note previewing first-quarter earnings season for TSX-listed energy infrastructure companies, CIBC World Markets analyst Robert Catellier and Mark Jarvi made a series of target price changes to the stocks in their coverage universes on Tuesday.

    “Through Q1, operating trends, share price performance and valuations have evolved,” they said. “Stronger commodity prices are generally positive for Midstreamers, and they may allow for stronger hedging. In turn, producer hedging could encourage more drilling activity, which is already starting to show up in gas plant throughput. With this backdrop, Midstreamers provided the best share price performance in Q1 and we believe the valuation expansion we’ve seen in recent months can continue, assuming trends persist or show further improvement. That said, on average we are slightly below consensus for Q1. For the IPPs, particularly the renewable stocks, share prices and valuations have come back down in recent months. The growth outlook remains strong for the renewable stocks, but we expected muted Q1 results (generally below consensus), so investors may continue to get an opportunity in the short term to add to positions. For the regulated utilities, with bond yields no longer rising like they did for the better part of Q1, share prices and valuations have drifted higher in the last month or so, and now sit above the midpoints of recent ranges for the last year. We expect subdued Q1 results and therefore see no obvious reason that the utility stocks in general will break out of their recent ranges.”

    Mr. Catellier’s changes were:

    AtlaGas Ltd. (ALA-T +0.23%increase
    , “outperformer”) to $25 from $24. The average on the Street is $23.
    Gibson Energy Inc. (GEI-T +0.19%increase
    , “neutral”) to $22 from $23. Average: $24.18.
    Keyera Corp. (KEY-T +0.82%increase
    , “outperformer”) to $30 from $29. Average: $28.64.