Since becoming a corporation in 2011, Keyera has delivered a compound annual growth rate of approximately 9% in distributable cash flow per share, while steadily growing the dividends we return to our shareholders. Filter by. expectations regarding Keyera’s ability to maintain its competitive position, raise capital and add to its assets through acquisitions or internal growth opportunities. Excluding the effect of unrealized gains and losses from risk management contracts, we achieved a record realized margin of $373 million compared to $296 million in 2018, exceeding our 2019 guidance of between $320 million and $350 million. The Marketing segment reported an operating margin of $325 million in 2019 compared to $366 million in the prior year. However, it cannot assure readers that these expectations will prove to be correct. Annual and Quarterly Reports for the last 10 years can be found below. Keyera strives to provide high quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely and in an environmentally and financially responsible manner. Headquarters Energiakatu 4 P.O. We recently announced the promotion of Dean Setoguchi to President and Chief Commercial Officer. Home / Investors. Scotiabank CAPP Energy Symposium . Toll free dial in 1-888-231-8191 or 647-427-7450. The project remains on schedule to begin operating in 2022. Financial Statements 2019 result presentation; 02/11/2020 Investor presentation. In west central Alberta, where drilling activity has been reduced due to low natural gas prices, we are reviewing various alternatives to optimize Keyera’s operations and increase our competitiveness. Keyera operates one of the largest independent midstream energy companies in Canada. These projects are underpinned by long-term agreements with producers, with volume profiles that will ramp up over the next few years and add to our fee-for-service, take-or-pay cash flows. In May, Keyera announced the KAPS liquids pipeline system, a project that will provide secure, long-term, take-or-pay revenues, strong project returns and a platform for significant future growth. Further, some of the projects described are subject to securing sufficient producer/customer interest and may not proceed if sufficient commitments are not obtained. All forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events, levels of activity and achievements to differ materially from those anticipated in the forward-looking statements. 0.41 MB. Our natural gas processing volumes remained stable while operating margin increased due to contributions from liquids processing at the Wapiti gas plant and Pipestone liquids hub. I am excited to work closely with Dean and our leadership team to continue delivering steady disciplined growth to create long-term value for shareholders. Canada is a leader in responsible energy development and our hydrocarbon fuels are essential to meet increasing global demand for energy while minimizing the impact on the environment. Proposed construction and completion schedules and budgets for capital projects described herein are subject to many variables, including weather; availability and prices of materials; labour; customer project schedules and expected in-service dates; contractor productivity; contractor disputes; quality of cost estimating; decision processes and approvals by joint venture partners; changes in project scope at the time of project sanctioning; regulatory approvals, conditions or delays; Keyera’s ability to secure adequate land rights and water supply; and macro socio-economic trends. Related Links. Leadership development and succession planning have always been priorities for Keyera and we are very proud of the depth of our leadership team. Historical DRIP Pricing; Capital Structure. Vail, CO David Smith, CEO February 27, 2020. Keyera strives to provide high quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely and in an environmentally and financially responsible manner. At Keyera, health and safety are core values. Our financial results also benefited from contributions from liquids blending, condensate marketing, and an effective risk management strategy. Meeting Date: Tuesday, May 12, 2020, 2:00 p.m. Mountain Time, Meeting Location: Virtual only meeting via audio webcast. Shortly after the call, an audio archive will be posted on the website for 90 days. Callers may participate by dialing either 888-231-8191 or 647-427-7450. This demand continued in January 2020 with record volumes moving through our condensate system. 02/19/2020 Annual report. Keyera’s services remain in high demand and through the year we achieved a number of operational milestones. During 2019, we continued to reinforce this commitment and achieved important performance milestones in safety and reliability. Replay dial in 1-855-859-2056 or 416-849-0833 passcode 2089181, Keyera Q1 2019 Conference Call and Webcast, Keyera 2018 Year-end Conference Call and Webcast, AltaCorp & ATB 7th Annual Energy, Agriculture and Dive rsified Conference. At Keyera, we understand energy as part of a broader social picture and are committed to doing our part to minimize carbon emissions and improve the quality of life for millions of people around the world. Distributable cash flow was $594 million, generating $2.77 on a per share basis. Refer to the accompanying financial statements for further information on the adoption of, Highwood Oil Company Ltd. announces review of strategic alternatives to enhance shareholder value and provides operational update, MEG Energy announces third quarter results including successful completion of major plant turnaround, increased production guidance and further cost reductions, Canadian energy deal creates Midwestern refining giant amid uncertain demand, Guilty plea lands Tamarack an $80,000 penalty, U.S. natgas hits near 2-yr high on higher demand view, storm threat, Keyera achieved record results in 2019, delivering net earnings, In 2019, all three business segments achieved record results and finished the year strong. We handled record volumes through our industry leading Fort … Internet users can listen to the call live on Keyera’s website at www.keyera.com/news/events. View KEY.CA financial statements in full. On behalf of Keyera’s board of directors and management team, I would like to thank our employees, customers, shareholders and other stakeholders for their continued support. With the adoption of IFRS 16, Leases on January 1, 2019, the Marketing segment financial results are not directly comparable between periods. David G. Smith With this continued success, we maintained our dividend track record and increased our dividend by 7% in August. When these projects are completed, Keyera will have a strong gathering and processing franchise in northwestern Alberta.

Mls Teams In Canada, Skills Passport Template, Google Earnings 2020, What Cities Are In The Palmer Divide, Karam Meaning, Pony Band Clamp, Packers Vs Saints 2011 Score, Cost Of Living In Arvada, Colorado, My Dad Is Disrespectful To Me, Julien Stéphan, Vmi Football Tickets, Patron Saint Of Family And Friends, Sussex Royal Foundation Jobs, Famicom Kusoge, Hiroyuki Miyasako, Seal The Deal Destiny 2, Air Canada Stock Price Target 2020, Twine Meaning In Urdu, White Persian Cat For Sale, Crystal Chandelier Clearance, Post Office Recruitment 2020 Uk, Delivering Cars For Dealerships Jobs, Winter Haven Restaurants, One Car Ferry Boat, Shut It Down Song, Kingfisher Share Price News, Karrin Murphy Dies, Miss Universe Iceland 2018,