Edition:
United States

Keyera Corp (KEY.TO)

KEY.TO on Toronto Stock Exchange

37.78CAD
28 Apr 2017
Change (% chg)

$-0.08 (-0.21%)
Prev Close
$37.86
Open
$37.85
Day's High
$37.85
Day's Low
$37.53
Volume
318,656
Avg. Vol
321,840
52-wk High
$43.21
52-wk Low
$36.03

Latest Key Developments (Source: Significant Developments)

Keyera announces dividend increase and August dividend
Tuesday, 9 Aug 2016 05:15pm EDT 

Keyera Corp : Keyera announces dividend increase and August dividend .Increasing its cash dividend by 6% from 12.5 cents per common share to 13.25 cents per common share.  Full Article

Keyera Corp posts Q2 earnings per share C$0.34
Tuesday, 9 Aug 2016 05:00pm EDT 

Keyera Corp : Keyera Corp announces second quarter 2016 results . Q2 earnings per share C$0.34 . Q2 earnings per share view C$0.39 -- Thomson Reuters I/B/E/S .Increasing dividend by 6 pct from $0.125 per share per month to $0.1325 per share per month.  Full Article

Keyera says long-term private placement debt financing
Thursday, 21 Jul 2016 03:04pm EDT 

Keyera Corp : Says entering into a private placement of 10 year and 12-year senior unsecured notes totaling CAD$300 million . Proceeds from notes will be used to repay short-term debt incurred to execute keyera's capital program . Keyera Corp says private placement notes with a group of institutional investors in canada and united states . Interest will be paid semi-annually. . Notes will be issued in two tranches with CAD$200 million bearing interest at 3.96% and maturing on october 13, 2026 .Keyera corp says notes will be issued in two tranches with CAD$100 million bearing interest at 4.11% and maturing on october 13, 2028.  Full Article

Bellatrix announces sale of a 35 pct interest in Bellatrix Alder Flats plant
Thursday, 7 Jul 2016 06:10pm EDT 

Bellatrix Exploration Ltd : Bellatrix announces the sale of a 35 percent interest in the Bellatrix Alder Flats plant . Following completion of transaction, Bellatrix will retain a 25 percent interest in alder flats plant . Co will also have option to reacquire a 5 percent interest in Alder Flats plant near end of final year of agreement at a cost of $8 million .Intends to use cash proceeds from transaction to partially repay indebtedness outstanding under its syndicated credit facilities.  Full Article

Keyera to buy an additional ownership interest in the Alder Flats gas plant
Thursday, 7 Jul 2016 06:00pm EDT 

Keyera Corp: Keyera to acquire an additional ownership interest in the Alder Flats Gas Plant . Deal for $112.5 million . Upon closing, Keyera will own 70% of facilities while Bellatrix will continue to be an owner and operator of facilities . Keyera Corp says acquisition is expected to be immediately accretive to Keyera's distributable cash flow per share . Total consideration includes additional working interest in facilities, a 10-year take-or-pay commitment, an area dedication agreement .Total consideration also includes prepayment of 35% of estimated future construction costs of phase 2 of alder flats plant.  Full Article

Keyera says C$60 million note issue under private shelf agreement
Friday, 3 Jun 2016 05:25pm EDT 

Keyera Corp : Keyera announces C$60 million note issue under private shelf agreement . C$30 million notes will have coupon rate 3.50 pct, maturing on June 16, 2023, C$30 million notes will have coupon rate 4.15 pct, maturing on June 16, 2026 .Proceeds from notes will be used to repay short-term indebtedness under Keyera's credit facilities.  Full Article

Keyera enters into montney area midstream agreements
Monday, 16 May 2016 02:11pm EDT 

Keyera Corp : Keyera enters into Montney area midstream agreements . Expects total cost of project to be approximately $600 million, with operations of first phase targeted to start up in mid-2019 . Project will be designed to process up to 300 million cubic feet per day of sour gas and 25,000 barrels per day of field condensate . Is also evaluating options for a pipeline connection to Keyera's Wapiti raw gas gathering pipeline and Simonette gas plant . Gas processing facilities are expected to be constructed in phases of 150 million cubic feet per day of capacity . Acquired main project site, all third-party engineering work completed for project to date and acid gas injection well for about $19 million .Is also negotiating with other producers in area to commit additional volumes.  Full Article

Keyera Corp Q1 earnings per share c$0.41
Tuesday, 10 May 2016 04:05pm EDT 

Keyera Corp : Keyera corp. Announces first quarter 2016 results . Q1 earnings per share c$0.41 .Q1 earnings per share view c$0.40 -- Thomson Reuters I/B/E/S.  Full Article

Keyera Announces April 2016 Dividend
Monday, 11 Apr 2016 05:30pm EDT 

Keyera Corp:Says cash dividend for April 2016 of 12.5 cents per common share.The dividend will be payable on May 16, 2016, to shareholders of record on April 22, 2016. The ex-dividend date is April 20, 2016.  Full Article

Keyera Corp announces January 2016 dividend
Monday, 11 Jan 2016 05:00pm EST 

Keyera Corp:Announces a cash dividend for January 2016 of 12.5 cents per common share.Dividend will be payable on February 16, 2016, to shareholders of record on January 22, 2016.  Full Article

More From Around the Web

BRIEF-Keyera provides an update for Alberta envirofuels outage

* Repairs are progressing well at its alberta envirofuels facility