Keyera traded at 56.46 this Friday June 19th, increasing 0.50 or 0.89 percent since the previous trading session. Looking back, over the last four weeks, Keyera gained 3.24 percent. Over the last 12 months, its price rose by 27.54 percent. Looking ahead, we forecast Keyera to be priced at 55.22 by the end of this quarter and at 51.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
Keyera Corp. operates an integrated Canadian-based midstream business. The Company is organized into two business units: Gathering and Processing Business Unit and Liquids Business Unit. The Gathering and Processing Business Unit 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 (NGLs). The Liquids Business Unit consists of Liquids Infrastructure and Marketing segments. The Liquids Infrastructure segment owns and operates a network of facilities for processing, fractionation, storage and transportation of the by-products of natural gas processing, including NGLs. The Marketing segment markets a range of products associated with its infrastructure business lines, primarily propane, butane, condensate and iso-octane, and also engaged in crude oil midstream activities.