Keyera (KEYUF) Projected to Release Quarterly Earnings on Thursday

Keyera (OTCMKTS:KEYUF) is expected to be issuing its results before the market opens on Thursday, August 6th. Analysts expect Keyera to announce earnings of $0.1384 per share and revenue of $1.3990 billion for the quarter.

Keyera Price Performance

KEYUF opened at $42.06 on Thursday. The stock’s 50 day moving average price is $41.25 and its 200-day moving average price is $38.42. Keyera has a one year low of $28.74 and a one year high of $43.22.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. National Bank Financial upgraded Keyera from a “sector perform” rating to an “outperform” rating in a report on Tuesday, June 16th. Scotiabank reiterated an “outperform” rating on shares of Keyera in a research report on Tuesday, July 21st. Royal Bank Of Canada reissued an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Citigroup restated a “buy” rating on shares of Keyera in a report on Tuesday, May 19th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Eight research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Keyera Company Profile

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.