Keyera (KEYUF) to Announce Earnings on Thursday

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

Keyera Price Performance

KEYUF traded down $0.57 during midday trading on Tuesday, hitting $40.93. 3,302 shares of the company’s stock traded hands, compared to its average volume of 122,439. The stock’s fifty day simple moving average is $41.26 and its 200-day simple moving average is $38.67. Keyera has a one year low of $28.74 and a one year high of $43.22.

Analyst Upgrades and Downgrades

KEYUF has been the subject of a number of recent research reports. National Bank Financial upgraded shares of Keyera from a “sector perform” rating to an “outperform” rating in a report on Tuesday, June 16th. TD Securities reaffirmed a “buy” rating on shares of Keyera in a research report on Thursday, July 16th. Scotiabank reiterated an “outperform” rating on shares of Keyera in a research note on Tuesday, July 21st. Royal Bank Of Canada reissued an “outperform” rating on shares of Keyera in a report on Tuesday, June 16th. Finally, Citigroup reissued a “buy” rating on shares of Keyera in a research note on Tuesday, May 19th. Eight investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Keyera presently has a consensus rating of “Buy”.

About Keyera

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.