December 17, 2017 - BRE
New! Brookfield Real Estate Services Inc. Q3-2017 Earnings Update .....
December 15, 2017 - RCI.B
New! Rogers Communications Inc. Q3-2017 Earnings and Price Target .....
December 14, 2017 - SJR.B
Shaw Communications Inc. 2017 Earnings & Price Target .....
December 13, 2017 - BCE
BCE - Q3-2017 Earnings, Price Target Update .....
December 12, 2017 - T
Telus Corp. Q3-2017 Earnings & Price Target Update .....
December 10, 2017 - KEG.UN
The Keg Royalties Income Fund - Q3-2017 Earnings .....
December 9, 2017 - MKP
MCAN Mortgage Corp. Q3-2017 Earnings & Price Target Update .....
December 7, 2017 - AI
Atrium Mortgage Investment Corp. Q3-2017 Earnings .....
Recommendation Changes
SJR.B, FN, KEY, MRT.UN, SRU.UN, more...

Keyera Corp. - Q3-2017 Earnings & Price Target Update

This is only a sample of the article, please login to view the entire article

Keyera operates one of the largest natural gas midstream businesses in Canada with total assets of $5.4B with annual capital spending on growth and acquisitions in the $700M to $800M range. Assets include regional gathering pipelines and natural gas processing facilities that extract natural gas liquids from natural gas and a marketing division that purchases and sells NGLs including the production from Keyera. Growth strategies have added petroleum liquid products including condensate sold to oil sands producers, the addition of iso-octane processing in gasoline production and expansion of NGL processing capacity. Revenues are reported in three segments; Natural Gas Gathering and Processing, NGL Infrastructure and Marketing. The natural gas gathering and processing segments is primarily fee based; marketing involves taking ownership of inventory. The Gathering and Processing, NGL Infrastructure, and Marketing each contribute approximately one third of operating profit margins.

Gathering & Processing

Keyera has interests in 19 gas plants in western Canada, making them one of the largest gas processors in Alberta. Keyera is an operator of 16 of the existing plants and will operate the new plant when it becomes operational.

You must be a member to view the entire article, please subscribe or login

New Issues & Acquisition
December 15, 2017
New! Coverage Universe - Weekly Price Changes Dec 8-15, 2017
December 8, 2017
Coverage Universe- Weekly Price Changes Dec 1-8, 2017
December 6, 2017
AG Growth International - New Convertible Debenture
December 6, 2017
Kinder Morgan Canada Inc. 5.2% Rate Reset Preferred Share New Issue
December 5, 2017
Fiera Capital Corp. - New Convertible Debenture
December 4, 2017
Melcor REIT - New Convertible Debenture
December 4, 2017
Enbridge Rate Reset, Minimum Guarantee New Issue
December 1, 2017
Coverage Universe - Weekly Price Changes Nov 24-Dec 1, 2017