TSX:KEYOil and Gas
Keyera (TSX:KEY) Stock Faces Margin Squeeze Despite Profit Rebound
Keyera stock heads into this earnings reaction piece with a mixed scorecard. The share price is roughly flat over three months after a weaker week and month, yet the latest quarter dropped a sharp headline. Net income jumped to CA$307.9m and basic earnings per share hit CA$1.19 as the company absorbed two big midstream deals and pushed fee based assets harder.
Short term traders are focused on that rebound. Longer term investors are more likely to fixate on the squeeze in trailing profit...