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LNG boom could power Keyera’s growth

Mid-stream energy company Keyera Corp. says it is ready to expand in Western Canada thanks to the growth of the liquefied natural gas market.

“The opportunities for us are on the gathering and processing side where we help the producer extract the natural gas liquids and maximize value,” President and COO David Smith tells BNN .

Keyera has several natural gas facilities in the Edmonton-Fort Saskatchewan area, which is the hub for natural gas liquids in Western Canada.

BMO Capital Markets initiated coverage of Keyera this year with a 'market perform' rating and a $46 price target. BMO says the company is mostly insulated from price swings in the natural gas market because of its fee-based business model. CTV Two CTV News CTV News Channel BNN - Business News Network CP24