Keyera Corp. (KEY.TO)
Calgary, AB, CA
Keyera Corp. specializes in energy infrastructure within Canada, structured around three core operational divisions. Its Gathering and Processing segment is responsible for acquiring and refining raw natural gas through its network of pipelines and processing plants. This involves collecting the gas, removing impurities, and separating valuable components like natural gas liquids (NGLs), in addition to providing condensate handling. This division encompasses approximately 4,400 kilometers of gathering pipelines and interests in 12 active gas plants situated in Alberta. The Liquids Infrastructure segment delivers comprehensive services for NGLs and crude oil, covering everything from collection, processing, and fractionation to storage, transport, blending, and terminal services. This is supported by a robust network featuring underground NGL storage caverns, above-ground tanks, NGL fractionation and de-ethanization facilities, pipelines, and rail and truck terminals, including the Alberta EnviroFuels facility where it produces iso-octane. The Marketing segment focuses on the sale of propane, butane, condensate, and iso-octane, alongside various liquids blending activities. Founded in 2003 and originally known as Keyera Facilities Income Fund, the company adopted the name Keyera Corp. in January 2011 and maintains its headquarters in Calgary, Canada.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +4.23% | +10.85% | +15.90% | +12.08% | +32.32% | +30.55% | +33.86% | +82.06% | +86.49% | +50.41% | +989.94% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 6 | 0 |
| Hold | 4 | +1 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Oil & Gas Midstream: +6.6%-4.0% Q1'26: -13.2% (vs Q1'25)
-
EPS growth Oil & Gas Midstream: +17.6%-10.9% Q1'26: -193.0% (vs Q1'25)
-
FCF margin FCF growth · Oil & Gas Midstream: +25.7%+6.5% Q1'26: +13.2% (vs Q1'25)
-
EBIT margin Oil & Gas Midstream: +30.0%+11.8% Q1'26: +13.0% (vs Q1'25)
-
ROIC Oil & Gas Midstream: +7.6%+9.2% ★ Q1'26: +14.6% (vs Q1'25)
-
Share dilution Oil & Gas Midstream: +0.0%+0.0% Q1'26: +0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Midstream: 2.41×5.31× Q1'26: 5.30× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 4 Rev. Ana. 6 EPS Ana. |
Dec 2027 5 Rev. Ana. 6 EPS Ana. |
Dec 2028 5 Rev. Ana. 4 EPS Ana. |
Dec 2029 2 Rev. Ana. 2 EPS Ana. |
Dec 2030 2 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
2.57B
est: 2.51B (+2.3%)
|
2.94B
est: 3.10B (-5.0%)
|
3.28B
est: 3.21B (+2.1%)
|
3.62B
est: 3.73B (-2.8%)
|
2.52B
est: 2.88B (-12.5%)
|
2.50B
est: 2.49B (+0.2%)
|
3.41B
est: 3.31B (+3.0%)
|
4.47B
est: 4.49B (-0.6%)
|
3.62B
est: 3.69B (-2.0%)
|
3.01B
est: 3.13B (-3.9%)
|
4.98B
est: 4.68B (+6.4%)
|
7.06B
est: 6.94B (+1.8%)
|
7.05B
est: 7.00B (+0.7%)
|
7.14B
est: 6.94B (+2.9%)
|
6.85B
est: 6.95B (-1.4%)
|
8.35B
6.65B – 10.29B
+20.1% YoY
|
10.20B
7.54B – 12.62B
+22.1% YoY
|
11.50B
11.50B – 11.50B
+12.8% YoY
|
11.63B
8.88B – 14.36B
+1.1% YoY
|
11.78B
9.00B – 14.55B
+1.3% YoY
|
| EBITDA |
226.12M
est: 188.47M (+20.0%)
|
335.27M
est: 177.76M (+88.6%)
|
374.73M
est: 239.61M (+56.4%)
|
588.79M
est: 312.59M (+88.4%)
|
659.18M
est: 367.60M (+79.3%)
|
567.38M
est: 396.47M (+43.1%)
|
622.34M
est: 651.35M (-4.5%)
|
876.26M
est: 751.01M (+16.7%)
|
842.20M
est: 613.85M (+37.2%)
|
816.92M
est: 649.24M (+25.8%)
|
893.99M
est: 681.30M (+31.2%)
|
1.02B
est: 750.88M (+36.0%)
|
1.24B
est: 1.17B (+5.7%)
|
1.16B
est: 1.00B (+16.1%)
|
1.19B
est: 1.16B (+2.1%)
|
1.39B
1.11B – 1.72B
+20.1% YoY
|
1.70B
1.26B – 2.11B
+22.1% YoY
|
1.92B
1.92B – 1.92B
+12.8% YoY
|
1.94B
1.48B – 2.40B
+1.1% YoY
|
1.97B
1.50B – 2.43B
+1.3% YoY
|
| EBIT |
165.07M
est: 231.87M (-28.8%)
|
238.06M
est: 209.71M (+13.5%)
|
262.64M
est: 216.08M (+21.5%)
|
440.22M
est: 303.76M (+44.9%)
|
480.01M
est: 257.40M (+86.5%)
|
385.01M
est: 253.96M (+51.6%)
|
445.93M
est: 417.96M (+6.7%)
|
663.93M
est: 528.70M (+25.6%)
|
609.47M
est: 443.16M (+37.5%)
|
564.99M
est: 404.65M (+39.6%)
|
667.67M
est: 424.63M (+57.2%)
|
790.05M
est: 468.00M (+68.8%)
|
941.34M
est: 861.86M (+9.2%)
|
840.53M
est: 846.79M (-0.7%)
|
810.89M
est: 855.85M (-5.3%)
|
1.03B
818.37M – 1.27B
+20.1% YoY
|
1.26B
927.63M – 1.55B
+22.1% YoY
|
1.42B
1.42B – 1.42B
+12.8% YoY
|
1.43B
1.09B – 1.77B
+1.1% YoY
|
1.45B
1.11B – 1.79B
+1.3% YoY
|
| Net Income |
135.22M
est: 169.00M (-20.0%)
|
130.60M
est: 166.78M (-21.7%)
|
146.84M
est: 135.35M (+8.5%)
|
229.99M
est: 170.52M (+34.9%)
|
201.92M
est: 182.74M (+10.5%)
|
216.85M
est: 169.95M (+27.6%)
|
289.92M
est: 294.91M (-1.7%)
|
394.22M
est: 388.33M (+1.5%)
|
443.61M
est: 332.62M (+33.4%)
|
62.03M
est: 389.89M (-84.1%)
|
324.21M
est: 409.14M (-20.8%)
|
328.29M
est: 338.22M (-2.9%)
|
424.03M
est: 340.40M (+24.6%)
|
486.63M
est: 530.39M (-8.3%)
|
432.34M
est: 420.38M (+2.8%)
|
435.17M
350.96M – 471.91M
+3.5% YoY
|
746.42M
678.83M – 814.01M
+71.5% YoY
|
908.25M
680.16M – 976.08M
+21.7% YoY
|
817.12M
566.22M – 1.07B
-10.0% YoY
|
848.06M
587.66M – 1.11B
+3.8% YoY
|
| SGA |
22.17M
est: 55.03M (-59.7%)
|
34.06M
est: 59.95M (-43.2%)
|
55.27M
est: 35.34M (+56.4%)
|
82.40M
est: 64.24M (+28.3%)
|
83.16M
est: 98.75M (-15.8%)
|
78.80M
est: 69.65M (+13.1%)
|
81.20M
est: 107.16M (-24.2%)
|
99.94M
est: 108.76M (-8.1%)
|
106.07M
est: 82.52M (+28.5%)
|
73.93M
est: 96.35M (-23.3%)
|
107.73M
est: 101.11M (+6.5%)
|
116.13M
est: 111.43M (+4.2%)
|
157.40M
est: 155.03M (+1.5%)
|
179.59M
est: 152.32M (+17.9%)
|
172.41M
est: 153.95M (+12.0%)
|
184.91M
147.20M – 227.72M
+20.1% YoY
|
225.76M
166.86M – 279.44M
+22.1% YoY
|
254.60M
254.60M – 254.60M
+12.8% YoY
|
257.43M
196.62M – 317.94M
+1.1% YoY
|
260.80M
199.20M – 322.11M
+1.3% YoY
|
| EPS |
0.96
est: 1.37 (-29.9%)
|
0.86
est: 0.79 (+8.6%)
|
0.94
est: 1.07 (-12.0%)
|
1.40
est: 1.61 (-13.1%)
|
1.19
est: 1.77 (-32.6%)
|
1.21
est: 1.38 (-12.3%)
|
1.53
est: 1.52 (+0.9%)
|
1.90
est: 1.63 (+16.9%)
|
2.07
est: 2.35 (-11.8%)
|
0.28
est: 1.39 (-79.9%)
|
1.47
est: 1.65 (-11.0%)
|
1.48
est: 2.20 (-32.9%)
|
1.85
est: 1.49 (+24.5%)
|
2.12
est: 2.25 (-5.6%)
|
1.89
est: 1.84 (+3.0%)
|
1.79
1.53 – 2.06
-2.3% YoY
|
3.27
2.96 – 3.55
+82.1% YoY
|
3.37
2.97 – 4.26
+3.1% YoY
|
3.57
2.47 – 4.65
+5.9% YoY
|
3.70
2.56 – 4.83
+3.8% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-15 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-14 | B- | 3/5 | 3/5 | 5/5 | 3/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-13 | B | 3/5 | 3/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-12 | B | 3/5 | 3/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-11 | B- | 3/5 | 3/5 | 5/5 | 3/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | B | 3/5 | 3/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-01 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | B | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-15 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
Owner Earnings
Ownership Overview
No beneficial ownership filings recorded.
Institutional Activity (13F)
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | DUFF & PHELPS INVESTMENT MANAGEMENT CO | 1.20M +69.0K (+6.1%) | 38.54M +564.8K (+1.5%) | 0.52% +0.030 pp | 0.44% +0.006 pp | CAD33.63 +30.8% | 26 qtrs — |
| 2 | GM ADVISORY GROUP, INC. | 30.3K +30.3K (+100.0%) | 972.8K +972.8K (+100.0%) | 0.01% +0.013 pp | 0.04% +0.038 pp | CAD44.00 +0.0% | 1 qtrs NEW |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| C. Dean Setoguchi | President, Chief Executive Officer & Director | 2M | male |
| Eileen Marikar | Senior Vice President & Chief Financial Officer | 918.5K | female |
| K. James Urquhart | Senior Vice President of Liquids Business Unit | 865.5K | male |
| Christy Elliott | Senior Vice President of Sustainability & External Affairs, General Counsel and Corporate Secretary | 747.2K | female |
| Amanda Condie | Manager of Corporate Communications | — | female |
| Dan Cuthbertson | General Manager of Investor Relations | — | male |
| Calvin Locke | Manager of Investor Relations | — | male |
| Bradley John Slessor | Senior Vice President of G&P and NGL Pipelines Business Unit | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for KEY.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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