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Keyera Corp. (T:KEY)

Business Focus: Oil & Gas Transportation Services (NEC)

Sector:  Energy Industry:  Oil & Gas Transportation Services
 
Company Contact
Address: The Ampersand
West Tower 200, 144 - 4th Avenue SW
CALGARY AB T2P 3N4
Tel: N/A
Website: https://www.keyera.com
IR: See website
Key People
Dean Setoguchi
President, Chief Executive Officer, Director
Eileen Marikar
Chief Financial Officer, Senior Vice President
Desiree Lee Crawford
Senior Vice President of Safety, People and Technology
Jarrod Beztilny
Senior Vice President, Operations and Engineering
James Urquhart
Senior Vice President, Chief Commercial Officer
 
Business Overview
Keyera Corp. is a Canada-based company, which operates an integrated energy infrastructure business. The Company operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment includes raw gas gathering systems and processing plants located in natural gas production areas primarily on the western side of the Western Canada Sedimentary Basin. The operations primarily involve providing natural gas gathering and processing, including liquids extraction and condensate stabilization services to customers. This segment also includes sales of ethane volumes. The Liquids Infrastructure segment provides fractionation, storage, transportation and terminalling services for natural gas liquids (NGLs) and crude oil. The Marketing segment is primarily involved in the marketing of NGLs, such as propane, butane, and condensate; and iso-octane to customers in Canada and the United States, as well as liquids blending.
Financial Overview
For the fiscal year ended 31 December 2023, Keyera Corp revenues decreased less than 1% to C$7.05B. Net income increased 29% to C$424M. Revenues reflect Liquid Infrastructure segment increase of 33% to C$352.7M, Gathering & Processing segment increase of 4% to C$717.1M, United States segment increase of 52% to C$2.03B, also reflect Marketing segment decrease of 2% to C$5.98B, Canada segment decrease of 12% to C$5.03B.
Employees: 1,098 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $12,185M as of Dec 31, 2023
Annual revenue (TTM): $7,053M as of Dec 31, 2023
EBITDA (TTM): $1,264M as of Dec 31, 2023
Net annual income (TTM): $424.03M as of Dec 31, 2023
Free cash flow (TTM): $153.53M as of Dec 31, 2023
Net Debt Last Fiscal Year: $4,266M as of Dec 31, 2023
Shares outstanding: 229,153,373 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization