Michael Fitzsimmons
Oil & gas, dividend investing, research analyst

Keyera Corp.: Does A Solid 2015 Bode Well For 2016?

In my first article on Keyera Corp. (OTC:KEYUF) in May of last year, I suggested the mid-cap midstream infrastructure provider was very attractive for income-oriented investors also looking for potential share price appreciation. Despite exposure to NGL prices, the thesis was that Keyera would continue to deliver robust growth in distributable cash flow because Canadian oil and gas production would keep growing - and thus so would Keyera's volumes. That turned out to be true with the caveat that volume growth did not grow as strongly as predicted - but DCF did. Despite the excellent financial results in 2015, the stock has dropped from $34.20 to $24.00 - down 30% - since the article. This article will take ...
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