(KEY) Keyera - Ratings and Ratios

Keyera Corp. is a midstream energy company that provides critical infrastructure and services for the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs) in Canada and the United States. The companys operations are diversified across three business segments: Gathering and Processing, Liquids Infrastructure, and Marketing. With a strong presence in the North American energy market, Keyera Corp. is well-positioned to capitalize on the growing demand for energy infrastructure.

The Gathering and Processing segment is a vital component of Keyeras operations, with a network of raw gas gathering pipelines and processing plants that collect and process raw natural gas, removing waste products and separating the economic components. The Liquids Infrastructure segment provides a range of services, including NGL fractionation, storage, and transportation, as well as the production of iso-octane and liquids blending activities. Meanwhile, the Marketing segment engages in the marketing of various energy commodities, including propane, butane, condensate, and iso-octane.

From a technical analysis perspective, Keyera Corp.s stock price has been trending near its 52-week high, with a current price of 41.92 CAD. The stock is slightly below its short-term moving averages (SMA20: 42.69, SMA50: 42.60), indicating a potential consolidation phase. The Average True Range (ATR) of 0.89 (2.13%) suggests moderate volatility. Given the current technical setup, a potential price target could be the 52-week high of 46.35 CAD, representing a 10.5% upside.

Fundamentally, Keyera Corp. has a market capitalization of 9.62 billion CAD and a forward P/E ratio of 19.38, indicating a relatively stable valuation. The companys Return on Equity (RoE) of 19.35% suggests strong profitability. Using a combination of technical and fundamental analysis, a forecast for Keyera Corp. could be as follows: with the growing demand for energy infrastructure and Keyeras diversified operations, the company is likely to maintain its stable financial performance. Assuming a continued consolidation phase in the stock price, a potential entry point could be around 40-41 CAD, with a target price of 45-46 CAD in the medium term, representing a 10-12% upside.