TSX:KEYOil and Gas
How Investors May Respond To Keyera (TSX:KEY) Asset Deal And Outage Risks
Keyera completed the acquisition of Plains' Canadian NGL business and the remaining 50% of the KAPS pipeline, while lifting its quarterly dividend by about 4.2% to reflect confidence in fee-based cash flow.
At the same time, an extended outage at the Alberta EnviroFuels facility, equipment replacement needs and Line 5 related disruptions have pressured Marketing guidance and sharpened questions about operational reliability.
With Keyera buying major NGL assets yet cutting Marketing...