Keyera

Keyera Corp.
Company typePublic
TSXkey
IndustryPetroleum industry
Pipeline transport
Storage
Midstream energy sector[1]
Founded1998
Headquarters,
Productspropane, ethane, butane, condensate, iso-octane
Revenue$4.98 billion [1]
$89.9 million
Number of employees
1005
Divisions7[2]
Websitewww.keyera.com

Keyera (TSX: KEY) is one of the largest midstream oil and gas operators in Canada.[3] The company services oil and gas producers in Western Canada and transports natural gas liquids such as propane, ethane, butane, condensate and iso-octane to markets throughout North America. Keyera provides major oil producers with essential services by providing them with the means to store, fractionate, and transport various oil, gas and NGL products.[4][5][6] The company operates an industry leading condensate system.[7] It operates the largest iso-octane manufacturing plant in the world.[7]

Most of Keyera's facilities are located in western Canada west of the fifth meridian in the Western Canadian Sedimentary Basin where natural gas is rich with valuable liquids products. Additionally there are 2 major terminals in Oklahoma. Keyera's has two integrated business lines: the Gathering and Processing business unit which in 2021 accounted for 11% of the company's total revenue, and the NGL Infrastructure and Marketing business lines, which in 2021 accounted for 11% and 78% of the company's sales. In 2021 the company processed and sold 200,500 barrels of oil per day.[2]

  1. ^ "Home". Keyera Corp.
  2. ^ Keyera structure
  3. ^ "Keyera Increases Sour Gas Holdings in Alberta". 2008-12-03. Archived from the original on 2012-09-06.
  4. ^ "Keyera Celebrates Rimbey Plant 50 years anniversary". 2011.
  5. ^ "Governments must help pipeline projects end losing streak". The Globe and Mail. 2022.
  6. ^ Critchley, Barry (2014). "Behind the sweet spot at Keyera Corp". Financial Post.
  7. ^ a b "Keyera's Alberta EnviroFuels Facility A Soaring Success". Retrieved June 6, 2022.