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TSE:KEY

Keyera Corp (KEY.TO)

56.46
+0.50 (0.89%)
as of Jun 19, 2026, 8:00:01 pm Market Open.
366 watching
0
HOLD
Stock's taking a pause since it had a significant run from the lows in 2020. Core business is in the sweet spot. One of the better, well run companies in the space. Under-levered. Challenging environment to allocate new capital, and management is being prudent. Attractive assets. Yield is over 6%.
HOLD
It probably has limited upside at this point. It has faltered as of late. He would not add to it at this point.
BUY
Takeover candidate? Attractive assets. He can't speculate on the possibility of a takeover. If it happens, wonderful. Dividend growth is less likely. In the right space and acting quite well. Yield is 6%.
HOLD
Significant deal flow in the space. A consolidation target. Business is in good shape with strong oil and gas demand. Leans toward gas, so a good spot to be. In current environment, dividend is sustainable for a decade or more. Yield of around 6%.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Could see some further downside to the sector weakness. There may be a bit of a sector rotation with lower demand for oil due to a renewed spike in Covid cases. Supply is still constrained and if demand goes back up, there will be a reversal in price. A decent area to buy for the long-term. Unlock Premium - Try 5i Free

WATCH
Interesting time in mid stream and infrastructure plays in Canada. The space in general is positive. If Inter Pipelines is acquired, Keyera will be one of the few remaining smaller players. It could be a consolidation target. Their core business is doing well. Natural gas prices are rising. A company to watch in the next 6-12 months.
PAST TOP PICK

(A Top Pick Jul 13/20, Up 75%) Sold it on a good price move. Bought it for the huge dividend which was around 10%. Stock has moved back up and it hit their price target. Moved into Enbridge, Pembina and TC Energy.

BUY
Done exceptionally well. One of the best managed in the world. Critical infrastructure. Stock's recovered nicely. Not as cheap as before, but you can buy it here for the dividend. Owns some of the best assets. Yield is around 5.5%.
BUY
Solidly managed. Unique assets. Issue is the negativity facing energy. We can't get pipelines built. Energy has come roaring back as the US economy has come back. Energy boom of the last few months will continue. Its infrastructure will be there for 100 years. Not high-risk, but lower returns. Solid holding for the longer term.
PAST TOP PICK
(A Top Pick Jul 13/20, Up 39%) There is some commodity negativity. Decent payout and good balance sheet. He still owns it. There is still some excess of supply and there are delivery issues. He is currently leaning more towards renewable.
BUY

For income investors, pipelines look great. Great dividend. The sector suffered neglect as people chased higher growth areas of the market. He owns ENB, PPL, and TRP. Also consider KEY, which has more exposure to the commodity. Makes a lot of sense for conservative investors.

BUY
Very well managed with a solid revenue base. Overall superb, though historical expensive. Really likes it and is watching it. If you hold this over several years, it'll be a positive investment.
BUY
An infrastructure stock that saw negative performance because of Covid, but core business wasn't that affected. Nat gas demand has rebounded to all-time highs. Good value at these levels.
HOLD
Along with other Canadian energy names, hasn't really rebounded with the price of oil. Quite a big yield, and is this sustainable? Ask yourself if the stock price will catch up, or will the dividend be cut? His best guess by a hair is that stock price will rise to meet the yield. He's a big fan of clean energy, but it will take a while. Yield is just under 8.5%.
BUY

Put in a TFSA? A top pick. You can put it in a TFSA as long as you're diversified across sectors, like real estate and industrials. He likes the nat gas business in western Canada and KEY should do relatively well; nat gas is key for Keyera. Doesn't expect this company to do anything exciting, just maintain its business. This will be a $30 stock, but KEY suspended a billion-dollar infrastructure project and are competing in this area with Pembina. With the new CEO, what is the strategy? A question mark. The stock now is still cheap enough given all that.

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