KEY logo

Keyera Corp.TSX:KEY Stock Report

Market Cap CA$9.8b
Share Price
CA$43.34
My Fair Value
CA$51
14.4% undervalued intrinsic discount
1Y9.7%
7D-0.8%
Portfolio Value
View

Keyera Corp.

TSX:KEY Stock Report

Market Cap: CA$9.8b

Keyera (KEY) Stock Overview

Engages in the gathering and processing of natural gas; and the transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. More details

KEY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance5/6
Financial Health2/6
Dividends5/6

KEY Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

Keyera Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Keyera
Historical stock prices
Current Share PriceCA$43.34
52 Week HighCA$47.90
52 Week LowCA$37.80
Beta1.05
1 Month Change1.62%
3 Month Change-1.46%
1 Year Change9.69%
3 Year Change35.06%
5 Year Change75.39%
Change since IPO723.17%

Recent News & Updates

Keyera (TSE:KEY) Is Paying Out A Larger Dividend Than Last Year

Aug 10
Keyera (TSE:KEY) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Keyera (TSE:KEY) Is Paying Out A Larger Dividend Than Last Year

Aug 10
Keyera (TSE:KEY) Is Paying Out A Larger Dividend Than Last Year

Here's Why Keyera (TSE:KEY) Has A Meaningful Debt Burden

Jun 13
Here's Why Keyera (TSE:KEY) Has A Meaningful Debt Burden

Some Shareholders Feeling Restless Over Keyera Corp.'s (TSE:KEY) P/E Ratio

May 29
Some Shareholders Feeling Restless Over Keyera Corp.'s (TSE:KEY) P/E Ratio

Why We Think The CEO Of Keyera Corp. (TSE:KEY) May Soon See A Pay Rise

May 09
Why We Think The CEO Of Keyera Corp. (TSE:KEY) May Soon See A Pay Rise

Here's Why Keyera (TSE:KEY) Has Caught The Eye Of Investors

Mar 11
Here's Why Keyera (TSE:KEY) Has Caught The Eye Of Investors

Keyera (TSE:KEY) Shareholders Will Want The ROCE Trajectory To Continue

Feb 27
Keyera (TSE:KEY) Shareholders Will Want The ROCE Trajectory To Continue

Keyera Corp.'s (TSE:KEY) Shares May Have Run Too Fast Too Soon

Feb 10
Keyera Corp.'s (TSE:KEY) Shares May Have Run Too Fast Too Soon

Is There An Opportunity With Keyera Corp.'s (TSE:KEY) 35% Undervaluation?

Jan 17
Is There An Opportunity With Keyera Corp.'s (TSE:KEY) 35% Undervaluation?

Is Keyera (TSE:KEY) A Risky Investment?

Jan 05
Is Keyera (TSE:KEY) A Risky Investment?

If EPS Growth Is Important To You, Keyera (TSE:KEY) Presents An Opportunity

Dec 07
If EPS Growth Is Important To You, Keyera (TSE:KEY) Presents An Opportunity
author-image

Unlocking Growth Potential With Innovative Expansion And Strategic Resilience

Advancements in growth projects and infrastructure could boost net capacity, revenue, and margins through increased demand and service expansion.

Shareholders Will Be Pleased With The Quality of Keyera's (TSE:KEY) Earnings

Nov 22
Shareholders Will Be Pleased With The Quality of Keyera's (TSE:KEY) Earnings

Keyera Corp. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 17
Keyera Corp. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

The Return Trends At Keyera (TSE:KEY) Look Promising

Nov 12
The Return Trends At Keyera (TSE:KEY) Look Promising

Investors Still Waiting For A Pull Back In Keyera Corp. (TSE:KEY)

Oct 11
Investors Still Waiting For A Pull Back In Keyera Corp. (TSE:KEY)

Keyera Corp. (TSE:KEY) Shares Could Be 29% Below Their Intrinsic Value Estimate

Aug 26
Keyera Corp. (TSE:KEY) Shares Could Be 29% Below Their Intrinsic Value Estimate

Shareholder Returns

KEYCA Oil and GasCA Market
7D-0.8%0.5%1.3%
1Y9.7%5.5%20.2%

Return vs Industry: KEY exceeded the Canadian Oil and Gas industry which returned 7.8% over the past year.

Return vs Market: KEY underperformed the Canadian Market which returned 20.6% over the past year.

Price Volatility

Is KEY's price volatile compared to industry and market?
KEY volatility
KEY Average Weekly Movement2.9%
Oil and Gas Industry Average Movement6.9%
Market Average Movement8.7%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.1%

Stable Share Price: KEY has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: KEY's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aC. Setoguchiwww.keyera.com

Keyera Corp. together with its subsidiaries, engages in the gathering and processing of natural gas; and the transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. The company operates 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 economic components, primarily natural gas liquids; and provides gas handling services and other ancillary services such as NGL extraction, NGL handling and loading services, and condensate stabilization.

Keyera Corp. Fundamentals Summary

How do Keyera's earnings and revenue compare to its market cap?
KEY fundamental statistics
Market capCA$9.80b
Earnings (TTM)CA$530.39m
Revenue (TTM)CA$7.27b
18.7x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KEY income statement (TTM)
RevenueCA$7.27b
Cost of RevenueCA$5.82b
Gross ProfitCA$1.45b
Other ExpensesCA$919.63m
EarningsCA$530.39m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)2.31
Gross Margin19.95%
Net Profit Margin7.30%
Debt/Equity Ratio130.1%

How did KEY perform over the long term?

See historical performance and comparison

Dividends

4.8%
Current Dividend Yield
90%
Payout Ratio

Does KEY pay a reliable dividends?

See KEY dividend history and benchmarks
When do you need to buy KEY by to receive an upcoming dividend?
Keyera dividend dates
Ex Dividend DateSep 15 2025
Dividend Pay DateSep 30 2025
Days until Ex dividend33 days
Days until Dividend pay date48 days

Does KEY pay a reliable dividends?

See KEY dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/11 13:14
End of Day Share Price 2025/08/11 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Keyera Corp. is covered by 34 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
Theresa ChenBarclays
Christopher TillettBarclays