Keyera Corp
KEY: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 77.00 | Gqrl | Lqmxldljp |
We've Reset Our Long-Term Expectations for Keyera Marketing
Business Strategy and Outlook
Keyera's integrated business model is now finally benefiting from the Key Access Pipeline System. The pipeline will connect the firm’s northern plants to its Fort Saskatchewan liquids hubs and will consist of pipelines for condensate and natural gas liquids mix. By increasing its proportion of long-term contracts and maximizing utilization rates across facilities, Keyera is positioned to take advantage of more stable cash flows in the future while capitalizing on Canadian oil sands, natural gas, and NGL growth.