Frequently asked questions
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Keyera trades on the Toronto Stock Exchange under the symbol KEY
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Keyera’s trading activity can be found here (external link)
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Keyera’s stock has split once since the company went public. The stock split on a 2-for-1 basis on April 1, 2015.
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To purchase Keyera common shares, please contact a brokerage service provider. Keyera cannot provide investment advice or act as a financial advisor.
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Yes. Keyera pays a monthly dividend of $0.16 per common share. To view additional dividend information, please visit our Dividends page.
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On April 22, 2020 Keyera announced the suspension of both the regular and premium components of the DRIP. Shareholders who had been participating in either component of the DRIP would have received the full cash dividend declared beginning with the dividend paid in May 2020.
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To subscribe to our mailing list, please click here.
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Keyera’s independent auditor is Deloitte LLP.
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Please submit an email to [email protected] , or phone 403-205-7670 (toll free: 888-699-4853). To order printed material, please fill out the form located here.
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Odyssey Trust Company
Stock Exchange Tower
1230 – 300 5th Avenue SW
Calgary AB T2P 3C4
Capital Structure
Keyera strives to maintain a conservative capital structure as it affords us the financial flexibility to support growth initiatives.
Our approach:
- We are committed to providing both income and growth to our shareholders
- We strive for continued financial flexibility by maintaining a conservative balance sheet
CAPITALIZATION SUMMARY (THOUSANDS OF CANADIAN DOLLARS):
| December 31, 2023 | September 30, 2023 | December 31, 2022 | |
| Long term debt | 3,426,994 | 3,434,190 | 3,622,745 |
| Credit facilities | 470,000 | 490,000 | 40,000 |
| Current assets | (1,068,013) | (1,077,593) | (1,108,132) |
| Current liabilities | 795,220 | 948,390 | 999,999 |
| Net debt obligations | 3,624,201 | 3,794,987 |
3,554,612 |
| Shareholders' capital | 3,372,561 | 3,372,561 | 3,372,738 |
| Accumulated deficit | (602,115) | (536,730) | (577,006) |
| Total capitalization | 6,394,647 | 6,630,818 | 6,350,344 |
Common Shares
Keyera's shares trade on The Toronto Stock Exchange under the symbol KEY*.
| Common Shares outstanding (thousands) | December 31, 2023 | September 31, 2023 | December 31, 2022 |
| End of period | 229,153 | 229,153 | 229,153 |
| Weighted average during the quarter - basic | 229,153 | 229,153 | 222,083 |
| Weighted average during the quarter - diluted | 229,153 | 229,153 | 222,083 |
| Weighted average during the year - basic | 229,153 | 229,153 | 221,290 |
| Weighted average during the year - diluted | 229,153 | 229,153 | 221,290 |
* Prior to Keyera's conversion to a corporation on January 1, 2011, Keyera traded under the symbol KEY.UN.
Debt and Credit Facilities
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Lenders Syndicate of seven Canadian lenders Amount $1.5 billion, with the potential to increase to $2.0 billion Term $0.2 billion (4 years) and $1.3 billion (5 years) Maturity $0.2 billion (December 6, 2026) and $1.3 billion (December 6, 2027)
Agreement Amended & Restated Credit Agreement dated December 6, 2022 -
Lenders Private placement Amount - $30 million bearing interest at 3.5% and maturing in June 2023 (drawn on an uncommitted private shelf agreement with Prudential Capital Group);
- US$128 million bearing interest at 4.19% and maturing in June 2024;
- $17 million bearing interest at 4.91% and maturing in June 2024;
- $100 million bearing interest at 4.92% and maturing in October 2025 (drawn on an uncommitted private shelf agreement with Prudential Capital Corp);
- $20 million bearing interest at 5.05% and maturing in November 2025;
- US$140 million bearing interest at 4.75% and maturing in November 2025;
- $30 million bearing interest at 4.15% and maturing in June 2026 (drawn on an uncommitted private shelf agreement with Prudential Capital Corp);
- $200 million bearing interest at 3.96% and maturing in October 2026;
- $400 million bearing interest at 3.68% and maturing in September 2027;
- $100 million bearing interest at 4.11% and maturing in October 2028;
- $100 million bearing interest at 5.09% and maturing in October 2028 (drawn on an uncommitted private shelf agreement with Prudential Capital Corp);
- US$65 million bearing interest at 4.95% and maturing in November 2028;
- $75 million bearing interest at 5.34% and maturing in April 2029.
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Lenders Public notes Amount - $400 million bearing interest at 3.934% and maturing in June 2028.
- $400 million bearing interest at 3.959% and maturing in May 2030.
- $400 million bearing interest at 5.022% and maturing in March 2032.
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Lender Public Notes Amount - $600 million maturing June 13, 2079, bearing Interest at 6.875% for the period of June 13, 2019 to June 12, 2029. Interest rate resets periodically thereafter. Please see Prospectus Supplement dated June 11, 2019 on SEDAR for more information.
- $350 million maturing March 10, 2081, bearing Interest at 5.95% for the period of March 10, 2021 to March 10, 2031. Interest rate resets periodically thereafter. Please see Prospectus Supplement dated March 8, 2021 on SEDAR for more information.
Tax information
Featured Reports
| Name | Download |
|---|---|
| 2003 Tax Information for Canadian Residents |
PDF (142 KB)
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| 2003 Tax Information for Non Canadian Unit Holders |
PDF (130 KB)
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| 2004 Tax information for Canadian Residents |
PDF (78 KB)
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| 2004 Tax Information for Non Canadian Residents |
PDF (157 KB)
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| 2005 Tax Information for Canadian Residents |
PDF (81 KB)
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| 2005 Tax Information for Non Canadian Residents |
PDF (214 KB)
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| 2006 Tax Information for Canadian Residents |
PDF (82 KB)
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| 2006 Tax Information for Non Canadian Residents |
PDF (161 KB)
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| 2007 Tax Information for Canadian Residents |
PDF (82 KB)
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| 2007 Tax Information for Non Canadian Residents |
PDF (162 KB)
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| 2008 Special Distribution |
PDF (203 KB)
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| 2008 Tax Information for Non Canadian Residents |
PDF (161 KB)
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| 2009 Tax Information for Canadian Residents |
PDF (84 KB)
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| 2009 Tax Information for Non Canadian Residents |
PDF (85 KB)
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| 2010 Tax Information for Canadian Residents |
PDF (25 KB)
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| 2010 Tax Information for Non Canadian Residents |
PDF (85 KB)
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| 2011 Tax information for Canadian Residents |
PDF (16 KB)
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| 2011 Tax Information for Non Canadian Residents |
PDF (21 KB)
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| 2012 Tax Information for Canadian Residents |
PDF (11 KB)
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| 2012 Tax Information for Non Canadian Residents |
PDF (15 KB)
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| 2013 Tax Information for Canadian Residents |
PDF (17 KB)
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| 2013 Tax Information for Non Canadian Residents |
PDF (22 KB)
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| 2014 Tax Information for Canadian Residents |
PDF (17 KB)
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| 2014 Tax Information for Non Canadian Residents |
PDF (22 KB)
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| 2015 Tax Information for Canadian Residents |
PDF (17 KB)
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| 2015 Tax Information for Non Canadian Residents |
PDF (23 KB)
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| 2016 Tax Information for Canadian Residents |
PDF (17 KB)
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| 2016 Tax Information for Non Canadian Residents |
PDF (23 KB)
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| 2017 Tax information for Canadian Residents |
PDF (17 KB)
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| 2017 Tax Information for Non Canadian Residents |
PDF (23 KB)
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| 2018 Tax Information for Canadian Residents |
PDF (17 KB)
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| 2018 Tax Information for Non-Canadian Residents |
PDF (22 KB)
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| 2019 Tax Information for Canadian Residents |
PDF (6 KB)
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| 2019 Tax Information for Non-Canadian Residents |
PDF (6 KB)
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| 2020 Tax Information |
PDF (103 KB)
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| 2021 Tax Information |
PDF (103 KB)
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| 2022 Tax Information |
PDF (103 KB)
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