AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Keyera Corp. operates in the energy infrastructure sector, focusing on midstream services for the oil and gas industry.
- Third-quarter 2024 financial results were announced, with details available on Keyera’s website and SEDAR+.
- Keyera provides processing, transportation, storage, and marketing of natural gas and natural gas liquids.
Keyera Corp. (TSX:KEY) holds a significant position within Canada’s energy infrastructure sector. The company primarily operates as a midstream service provider, playing a vital role in processing, transporting, and storing oil and gas products, as well as marketing natural gas liquids. This sector, foundational to Canada's energy landscape, facilitates the movement and processing of resources, a critical aspect for oil and gas producers relying on Keyera's extensive network and infrastructure.
Financial Overview and Third-Quarter 2024 Highlights
In its latest financial announcement, Keyera shared its third-quarter 2024 results. The detailed financial data highlights its continued efforts to support a vast network of pipelines, processing facilities, and storage units across Canada. These services provide essential links in the energy supply chain, emphasizing Keyera’s role as a reliable infrastructure partner in the sector. For those seeking deeper insights into the numbers and performance specifics, Keyera's website and SEDAR+ have published the full Management's Discussion and Analysis (MD&A) alongside the quarterly financial statements.
Operations and Midstream Services Provided by Keyera
Keyera’s core business lies in midstream services, essential for connecting the upstream oil and gas production to downstream distribution and end-users. The company’s network spans extensive gathering pipelines, processing plants, and storage facilities. This infrastructure allows Keyera to manage significant volumes of natural gas and natural gas liquids, ensuring efficient and safe transportation to various destinations. Keyera’s service model supports a range of industry players, helping to streamline logistics and provide vital access points throughout Canada’s energy sector.
Natural Gas and NGL Marketing Services
Beyond its infrastructure capabilities, Keyera’s marketing arm plays a strategic role in the industry by handling natural gas liquids (NGLs). This segment involves purchasing, transporting, and selling NGLs such as propane, butane, and condensate. Keyera’s expertise in this area enables it to manage supply and demand fluctuations effectively, enhancing the overall flexibility of its service offerings. Through these efforts, Keyera continues to support the energy sector's shifting demands, aligning closely with market needs while upholding stringent safety and environmental standards.
Commitment to Environmental and Safety Standards
Operating in the energy infrastructure sector comes with rigorous environmental and safety obligations. Keyera is actively engaged in maintaining high standards, integrating safety protocols across its facilities, and ensuring environmentally responsible practices. Through this commitment, Keyera aims to minimize operational risks and align with Canada’s regulatory frameworks, further establishing itself as a responsible and trusted partner within the midstream sector.
