KEY Stock Overview
Keyera Corp. engages in the energy infrastructure business in Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$32.41|
|52 Week High||CA$35.48|
|52 Week Low||CA$26.34|
|1 Month Change||9.68%|
|3 Month Change||0.093%|
|1 Year Change||4.05%|
|3 Year Change||0.40%|
|5 Year Change||-9.92%|
|Change since IPO||515.58%|
Recent News & Updates
Keyera (TSE:KEY) Is Due To Pay A Dividend Of CA$0.16
Keyera Corp. ( TSE:KEY ) has announced that it will pay a dividend of CA$0.16 per share on the 15th of September. This...
Growth Investors: Industry Analysts Just Upgraded Their Keyera Corp. (TSE:KEY) Revenue Forecasts By 12%
Keyera Corp. ( TSE:KEY ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
|KEY||CA Oil and Gas||CA Market|
Return vs Industry: KEY underperformed the Canadian Oil and Gas industry which returned 48.4% over the past year.
Return vs Market: KEY exceeded the Canadian Market which returned 0.7% over the past year.
|KEY Average Weekly Movement||4.1%|
|Oil and Gas Industry Average Movement||11.1%|
|Market Average Movement||10.6%|
|10% most volatile stocks in CA Market||18.9%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: KEY is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KEY's weekly volatility (4%) has been stable over the past year.
About the Company
Keyera Corp. engages in the energy infrastructure business in Canada. The company operates through Gathering and Processing, Liquids Infrastructure, and Marketing segments. 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 the economic components primarily natural gas liquids; and provides condensate handling services.
Keyera Fundamentals Summary
|KEY fundamental statistics|
Is KEY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KEY income statement (TTM)|
|Cost of Revenue||CA$5.29b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.02|
|Net Profit Margin||6.87%|
How did KEY perform over the long term?See historical performance and comparison
5.9%Current Dividend Yield
Does KEY pay a reliable dividends?See KEY dividend history and benchmarks
|Keyera dividend dates|
|Ex Dividend Date||Aug 19 2022|
|Dividend Pay Date||Sep 15 2022|
|Days until Ex dividend||4 days|
|Days until Dividend pay date||31 days|
Does KEY pay a reliable dividends?See KEY dividend history and benchmarks
Is KEY undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for KEY?
Other financial metrics that can be useful for relative valuation.
|What is KEY's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does KEY's PE Ratio compare to its peers?
|KEY PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
GEI Gibson Energy
PPL Pembina Pipeline
TRP TC Energy
Price-To-Earnings vs Peers: KEY is good value based on its Price-To-Earnings Ratio (16x) compared to the peer average (21.1x).
Price to Earnings Ratio vs Industry
How does KEY's PE Ratio compare vs other companies in the CA Oil and Gas Industry?
Price-To-Earnings vs Industry: KEY is expensive based on its Price-To-Earnings Ratio (16x) compared to the Canadian Oil and Gas industry average (5.8x)
Price to Earnings Ratio vs Fair Ratio
What is KEY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||16x|
|Fair PE Ratio||12.1x|
Price-To-Earnings vs Fair Ratio: KEY is expensive based on its Price-To-Earnings Ratio (16x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).
Share Price vs Fair Value
What is the Fair Price of KEY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: KEY (CA$32.41) is trading below our estimate of fair value (CA$43.2)
Significantly Below Fair Value: KEY is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Keyera forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KEY's earnings are forecast to decline over the next 3 years (-3.2% per year).
Earnings vs Market: KEY's earnings are forecast to decline over the next 3 years (-3.2% per year).
High Growth Earnings: KEY's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KEY's revenue is expected to decline over the next 3 years (-0.09% per year).
High Growth Revenue: KEY's revenue is forecast to decline over the next 3 years (-0.09% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KEY's Return on Equity is forecast to be low in 3 years time (16.4%).
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How has Keyera performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KEY has high quality earnings.
Growing Profit Margin: KEY's current net profit margins (6.9%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: KEY's earnings have declined by 4.1% per year over the past 5 years.
Accelerating Growth: KEY's earnings growth over the past year (262.8%) exceeds its 5-year average (-4.1% per year).
Earnings vs Industry: KEY earnings growth over the past year (262.8%) exceeded the Oil and Gas industry 151%.
Return on Equity
High ROE: KEY's Return on Equity (16.3%) is considered low.
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How is Keyera's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: KEY's short term assets (CA$1.3B) exceed its short term liabilities (CA$1.1B).
Long Term Liabilities: KEY's short term assets (CA$1.3B) do not cover its long term liabilities (CA$4.7B).
Debt to Equity History and Analysis
Debt Level: KEY's net debt to equity ratio (126.5%) is considered high.
Reducing Debt: KEY's debt to equity ratio has increased from 95.3% to 134.5% over the past 5 years.
Debt Coverage: KEY's debt is well covered by operating cash flow (23.3%).
Interest Coverage: KEY's interest payments on its debt are well covered by EBIT (5.5x coverage).
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What is Keyera current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: KEY's dividend (5.92%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: KEY's dividend (5.92%) is in the top 25% of dividend payers in the Canadian market (5.31%)
Stability and Growth of Payments
Stable Dividend: KEY's dividends per share have been stable in the past 10 years.
Growing Dividend: KEY's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95%), KEY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (893%), KEY's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
C. Setoguchi (55 yo)
Mr. C. Dean Setoguchi has been Chief Executive Officer and Director at Keyera Corp. since January 1, 2021. Mr. Setoguchi serves as President of Keyera Corporation since February 2020 and served as its Chie...
CEO Compensation Analysis
Compensation vs Market: C.'s total compensation ($USD3.54M) is about average for companies of similar size in the Canadian market ($USD4.53M).
Compensation vs Earnings: C.'s compensation has increased by more than 20% in the past year.
Experienced Management: KEY's management team is considered experienced (2.3 years average tenure).
Experienced Board: KEY's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Keyera Corp.'s employee growth, exchange listings and data sources
- Name: Keyera Corp.
- Ticker: KEY
- Exchange: TSX
- Founded: 2003
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: CA$7.163b
- Shares outstanding: 221.02m
- Website: https://www.keyera.com
Number of Employees
- Keyera Corp.
- The Ampersand
- West Tower 200
- T2P 3N4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/13 00:00|
|End of Day Share Price||2022/08/12 00:00|
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 here.