Topic: How To Invest

Q: Hello, Pat. I’ve been quite content in my investments knowing that your professional decisions have been very good. What do you think of Keyera Corp.? Thanks.

Article Excerpt

A: Keyera Corp., $32.86, symbol KEY on Toronto (Shares outstanding: 229.2 million; Market cap: $7.5 billion; www.keyera.com), engages in the gathering and processing of natural gas; and the transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the U.S. The company operates in the oil and gas industry between the upstream segment, which includes oil and gas exploration and production, and the downstream segment, which includes the refining, distribution and retail marketing of the end product. Keyera is organized into three operating segments: Gathering and Processing. Keyera owns and operates raw gas gathering pipelines and processing plants, which collect and process natural gas, remove waste products and separate the economic components—primarily NGLs. Gas is then injected into pipeline systems for transportation to end-use markets. Keyera also provides condensate (extremely light oil) handling services through its condensate gathering pipelines and stabilization facilities. Liquids Infrastructure. Keyera owns and operates a network of facilities for the gathering, processing, storage and transportation of…