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Brief Note on the Keyera Update

Brief Note on the Keyera Update

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Paul Drake
Dec 10, 2024
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Focused Investing
Focused Investing
Brief Note on the Keyera Update
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Some good news, and an updated fair value.

Keyera issued a business update and 2025 guidance this morning. What’s more they provided some guidance for growth out to 2028, projecting a 7% to 8% CAGR of their adjusted EBITDA, about which more below.

Significant here is that the recent completion of their KAPS pipeline. It has enabled Keyera to take molecu…

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