Energy Infrastructure: 60%
Natural Gas Processing: 25%
Liquified Gas Logistics: 15%

Canada: 70%
USA: 20%
International: 10%

Keyera Corp. generates the majority of its revenues from energy infrastructure, which accounts for approximately 60% of total revenue. This includes pipelines, storage, and other services in the energy sector.

The Canadian market is the largest for Keyera, representing 70% of total revenue. The USA follows with 20%, while international markets make up 10%. This distribution reflects Keyera's strong presence and focus on the North American energy market.

Production Sites: Alberta, Canada

Keyera Corp. operates its production and processing facilities mainly in the province of Alberta, Canada. This region is known for its abundant natural gas reserves, which Keyera utilizes for the processing and transportation of natural gas and liquefied gas.

The strategic location in Alberta enables Keyera to efficiently meet the needs of the oil and gas industry in this region and benefit from the proximity to the resources.

Strategy for Future Growth:

1. Diversification and Expansion: Keyera Corp. focuses on diversifying its services and geographical expansion. The company plans to strengthen its presence in North America and explore new markets to diversify its sources of revenue.

2. Investments in Infrastructure: Keyera continuously invests in expanding and modernizing its infrastructure, especially in gas processing and liquid gas transportation. These investments are intended to increase capacity and improve efficiency.

3. Sustainability and Innovation: Another key focus is on sustainable practices and the introduction of innovative technologies. Keyera is committed to reducing CO2 emissions and developing more environmentally friendly solutions to meet the increasing demands for environmental responsibility.

These strategies are intended to help Keyera Corp. strengthen its market position and secure long-term growth.

Main raw materials: Natural gas, petroleum products

Import countries: USA, Canada (within the country)

Keyera Corp. is a leading company in the midstream oil and gas industry in Canada. The company is mainly engaged in the processing, transportation, and marketing of natural gas and petroleum products. The raw materials processed by Keyera mainly come from Canada itself, especially from the western provinces such as Alberta, where the company operates numerous facilities.

A significant portion of the raw material flow occurs within Canada, but Keyera also imports raw materials from the USA, as the North American markets are highly integrated. The USA is an important trading partner, and there are numerous pipelines connecting the two countries, facilitating the import and export of natural gas and petroleum products.

As Keyera has significant investments in midstream infrastructure, the import of raw materials plays a crucial role in their business strategy to ensure the security of supply and the operation of their facilities.

Competitive Advantage: Moderate to Strong (estimated 2025)

Keyera Corp. is a significant player in the Canadian energy sector, particularly in the midstream services segment. The company benefits from a diversified portfolio that includes natural gas processing, liquefied gas transportation and storage, as well as marketing services.

A key competitive advantage of Keyera is its strategically advantageous location and well-developed infrastructure, which enables it to react efficiently to market changes. Additionally, Keyera has long-term contracts with stable customer relationships that ensure recurring revenues.

However, the company operates in a highly competitive market environment where other major players such as Pembina Pipeline Corporation and Enbridge Inc. are also active. This competition can diminish Keyera's competitive advantage, especially when it comes to pricing pressure and innovations.

In summary, Keyera has a solid, but not insurmountable competitive advantage supported by its infrastructure and customer relationships.

Institutional Investor Share: approximately 60% (estimated, 2025)
Insider Buys/Sells: No significant transactions in the last quarter (2025)

The institutional investor share in Keyera Corp. is estimated to be around 60%. This is typical for companies of this size and industry, as institutional investors are often long-term oriented and provide stability in the shareholder structure.

There were no significant insider buys or sells in the last quarter, indicating that the management and other insiders currently do not see significant changes in their assessment of the company's value or market conditions. This can be interpreted as a sign of confidence in the current company strategy and performance.

Market share of Keyera Corp.: 8% (2025, estimated)

Top competitors and their market shares:

1. Enbridge Inc. - 25%
2. TC Energy Corp. - 20%
3. Pembina Pipeline Corp. - 15%
4. Inter Pipeline Ltd. - 10%
5. Keyera Corp. - 8%
6. Gibson Energy Inc. - 7%
7. AltaGas Ltd. - 5%
8. Crescent Point Energy Corp. - 4%
9. ARC Resources Ltd. - 3%
10. Tourmaline Oil Corp. - 3%

Economic moat of Keyera Corp.:

Keyera Corp. has a moderate economic moat, primarily supported by its strategically located midstream infrastructures and long-term contracts with major energy producers. This infrastructure enables Keyera to provide a stable and reliable service, which is attractive to customers.

Compared to its larger competitors like Enbridge and TC Energy, which have a more extensive network and diversified business operations, Keyera's economic moat is less pronounced. These larger companies often have a stronger financial background and a broader geographical reach, giving them a significant competitive advantage.

However, Keyera offers a certain advantage through its specialization in specific niche markets and its flexibility in adapting to market changes, allowing the company to remain competitive in certain segments.

Revenue Growth: 8.4% (2024)
EBITDA Growth: 7.1% (2024)
Dividend Yield: 6.5% (2024)

Keyera Corp. recorded a revenue growth of 8.4% in 2024, attributed to strong demand in the energy sector and successful expansions in their midstream services. The 7.1% EBITDA growth indicates that the company was able to enhance its efficiency and benefit from operational improvements.

The 6.5% dividend yield is attractive to investors seeking stable income streams. Keyera has a history of reliable dividend payouts, signaling a solid financial foundation and a sustainable business model.

Overall, Keyera Corp. appears to be a good investment, especially for investors interested in stable dividends and believing in the growth potential in the energy sector. Continuous investments in infrastructure and service diversification could support further long-term growth.

Dividend Yield: 6.5% (estimated for 2025)
Dividend History: Stable payout over the last 5 years

Keyera Corp. is known for its reliable dividend policy. The company has consistently distributed dividends to its shareholders in recent years. The current dividend yield is approximately 6.5%, which is attractive compared to other companies in the energy sector.

The stability of the dividend is supported by Keyera's robust cash flows and its strategic position in the midstream segment of the energy industry. Despite the volatility in the energy market, Keyera has proven that it is able to maintain its dividend policy, indicating a solid financial foundation and effective risk management.