Keyera Corp trades with the ticker KEY on the TSX and is in the Oil & Gas Midstream industry.
Overview
Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services. The Liquids Infrastructure segment owns and operates a network of facilities, including underground NGL storage caverns, above ground storage tanks, NGL fractionation facilities, and NGL and condensate pipelines, as well as rail and truck terminals for the processing, fractionation, storage, and transportation of by-products of natural gas processing comprising ethane, propane, butane, and condensate. This segment also produces iso-octane; and engages in the liquids blending activities. The Marketing segment engages in the marketing of propane, butane, condensate, and iso-octane, as well as natural gas and crude oil. The company was formerly known as Keyera Facilities Income Fund and changed its name to Keyera Corp. in January 2011. Keyera Corp. was founded in 1998 and is headquartered in Calgary, Canada.
Looking to invest in Keyera Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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KEY.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $7724.747MM
PE Ratio: 18.222
Price: 14.92 (Updated: 3/12/2024 0:47:16)
Keyera Corp (KEY) vs Competitors in Oil & Gas Midstream
Lets see how KEY.TO stacks up against others in the Oil & Gas Midstream asset management industry. We have identified its main peers as:AltaGas Ltd, Enbridge Inc, Inter Pipeline Ltd, Pembina Pipeline Corporation, TC Energy Corporation
.Oil & Gas Midstream Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| AltaGas Ltd (ALA) | $8,525.842 | 12.819 | 11.236 | 4.1% |
| Enbridge Inc (ENB) | $102,793.536 | 17.028 | 11.31 | 7.6% |
| Inter Pipeline Ltd (IPL) | $8,206.304 | 17.071 | 22.214 | 2.6% |
| Keyera Corp (KEY) | $7,724.747 | 18.222 | 11.16 | 5.9% |
| Pembina Pipeline Corporation (PPL) | $26,451.677 | 16.1 | 11.893 | 5.6% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas Midstream
- Keyera Corp (KEY) vs AltaGas Ltd (ALA)
- ALA has higher EPS (2.26 vs 1.85). KEY has higher dividend yield (5.9% vs 4.1%). KEY has a higher P/E ratio (18.222 vs 12.819) indicating it’s more expensive.
- Keyera Corp (KEY) vs Enbridge Inc (ENB)
- ENB has higher EPS (2.84 vs 1.85). ENB has higher dividend yield (7.6% vs 5.9%). KEY has a higher P/E ratio (18.222 vs 17.028) indicating it’s more expensive.
- Keyera Corp (KEY) vs Inter Pipeline Ltd (IPL)
- KEY has higher EPS (1.85 vs 1.12). KEY has higher dividend yield (5.9% vs 2.6%). KEY has a higher P/E ratio (18.222 vs 17.071) indicating it’s more expensive.
- Keyera Corp (KEY) vs Pembina Pipeline Corporation (PPL)
- PPL has higher EPS (2.99 vs 1.85). KEY has higher dividend yield (5.9% vs 5.6%). KEY has a higher P/E ratio (18.222 vs 16.1) indicating it’s more expensive.
- Keyera Corp (KEY) vs TC Energy Corporation (TRP)
- TRP has higher EPS (2.75 vs 1.85). TRP has higher dividend yield (7.1% vs 5.9%). TRP has a higher P/E ratio (19.738 vs 18.222) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (11.16) than the industry average (13.96), indicating attractive valuation.
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