Keyera Corp. ( ($TSE:KEY) ) just unveiled an update.
Keyera Corp. and AltaGas Ltd. have announced strategic long-term agreements to enhance their infrastructure and expand market access. Keyera has secured a 15-year tolling contract at AltaGas’ Ridley Island Energy Export Facility to export LPGs, aiming to capture premium Asian markets, and AltaGas will utilize Keyera’s fractionation services and logistical infrastructure. These agreements aim to de-risk investments and ensure long-term growth and cash flow stability for both companies, strengthening Canada’s energy export capabilities.
More about Keyera Corp.
Keyera Corp. operates in the energy infrastructure sector, providing essential services such as fractionation, storage, logistics, and export of natural gas liquids and liquified petroleum gases. The company focuses on leveraging its infrastructure to enhance market access, particularly in premium Asian markets.
YTD Price Performance: -6.02%
Average Trading Volume: 1,197,334
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$9.56B
See more insights into KEY stock on TipRanks’ Stock Analysis page.
