Latest news with #KeyeraCorp
Globe and Mail
3 days ago
- Business
- Globe and Mail
Oil prices steady, supported by geopolitical tensions, weaker U.S. dollar
Oil steadied on Tuesday, supported by rising geopolitical tensions as Russia and Ukraine ramped up the war and Iran was set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer. Crude had gained nearly 3 per cent on Monday after the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, kept its July output hike at 411,000 barrels per day, the same as earlier months and less than some in the market had feared. Brent crude futures gained 5 cents, or 0.1 per cent, to US$64.68 a barrel by 6 a.m. ET. U.S. West Texas Intermediate crude was up 16 cents, or 0.3 per cent, to US$62.68. Wildfires force Alberta oil sands producers to evacuate workers, stop some oil flows Midstream natural gas is where it's at for Keyera Corp. — and maybe our planet 'Risk premia have filtered back into the oil price following deep Ukraine strikes on Russia over the weekend,' said analyst Harry Tchilinguirian of Onyx Capital Group. 'But more importantly for the barrel count, there is the to and fro between the U.S. and Iran regarding uranium enrichment.' Ukraine and Russia at the weekend ramped up the war with one of the biggest drone battles of their conflict, a Russian highway bridge blown up over a passenger train and an attack on nuclear-capable bombers deep in Siberia. Iran, meanwhile, was poised to reject a U.S. proposal to end a decades-old nuclear dispute, an Iranian diplomat said on Monday, saying it fails to address Tehran's interests or soften Washington's stance on uranium enrichment. If the nuclear talks fail, it could mean continued sanctions on Iran, which would limit Iranian supply and be supportive of oil prices. Further support came from the weak dollar. The dollar index held near six-week lows as investors weighed the outlook for U.S. President Donald Trump's tariff policy and its potential to hurt growth and stoke inflation. A weaker U.S. currency makes dollar-priced commodities such as oil less expensive for holders of other currencies. 'Crude oil prices continue to rise, supported by the weakening dollar,' said Priyanka Sachdeva, senior market analyst at Phillip Nova. Adding to supply worries, wildfires burning in Alberta have affected more than 344,000 barrels per day of oil sands production, or about 7 per cent of the country's overall crude output, according to Reuters calculations. Further price support could come if forecasts of a drop in U.S. crude inventories are realized in the latest round of weekly supply reports.
Cision Canada
15-05-2025
- Business
- Cision Canada
Keyera Announces Retirement of Directors and Voting Results from Annual Meeting
CALGARY, AB, May 15, 2025 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today the retirement of Mr. Michael Norris and Mr. Douglas Haughey as directors effective May 15, 2025. Keyera also announced today the voting results from its Annual and Special Meeting of Shareholders (the "Meeting") held on May 15, 2025. Each of the matters voted on at the Meeting are described in greater detail in Keyera's Management Information Circular dated March 27, 2025 (the "Information Circular"). Retirement of Directors Mr. Michael Norris and Mr. Douglas Haughey retired as directors effective May 15, 2025, consistent with the Company's Board renewal policy. Mr. Norris was appointed to the board of directors (the "Board") in May 2013 and has served as chair of the Audit Committee since August 2015. Mr. Haughey was appointed to the Board in May 2013 and served as Independent Lead Director since January 2015. Mr. Haughey also served as the Chair of the Governance and Sustainability Committee (GSC) and as member of the Human Resources Committee (HRC). "On behalf of the Board and management, I would like to extend our deepest gratitude to Mr. Norris and Mr. Haughey for their dedication and significant contributions to the company and the Board. We have greatly benefited from their experience, wisdom, and counsel throughout their tenure. We wish them all the best in their future endeavors," said Jim Bertram, Board Chair. Keyera is pleased to announce the election of two new directors at the Meeting, Mr. T. Tim Kitchen and Mr. Bob Pritchard (see Voting Results below). Mr. Kitchen brings over 32 years of experience in the energy and investment banking industry. From 2008 to 2023, Mr. Kitchen served as Managing Director, Head of Canadian Investment Banking of Barclays, a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises. Mr. Pritchard brings over 40 years of experience in the energy sector with the last 30 years directly involved in developing, building and operating energy infrastructure assets in Western Canada. From 2016 to 2021, Mr. Pritchard served as President of Wolf Midstream, a Canadian energy infrastructure company backed by the Canada Pension Plan Investment Board. Voting Results All nominees listed in the Information Circular were elected as directors of Keyera to serve until the next annual meeting of shareholders, or until their successors are elected or appointed. The results of the votes are as follows: All other resolutions at the Meeting were successfully approved by shareholders including the appointment of auditors, approval of unallocated awards under Keyera's long-term incentive plan, and the approach to executive compensation. The resolution approving Keyera's approach to executive compensation as detailed in the Information Circular, was approved with 96.03% of votes in favour. All voting results will be posted under Keyera's profile at About Keyera Corp. Keyera Corp. (TSX: KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. Its predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage and marketing; iso-octane production and sales; and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. 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. For more information about Keyera Corp., please visit our website at or contact: Dan Cuthbertson, General Manager, Investor Relations Katie Shea, Senior Advisor, Investor Relations Email: [email protected] Telephone: 403-205-7670 Toll free: 888-699-4853 SOURCE Keyera Corp.
Yahoo
15-05-2025
- Business
- Yahoo
Keyera Announces Second Quarter 2025 Dividend
CALGARY, AB, May 14, 2025 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today a quarterly cash dividend of $0.52 per common share for the second quarter of 2025. The dividend will be payable on June 30, 2025, to shareholders of record on June 16, 2025. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. (TSX: KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. Its predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage, and marketing; iso-octane production and sales; and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. 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. Additional Information For more information about Keyera Corp., please visit our website at or contact: Dan Cuthbertson, General Manager, Investor RelationsKatie Shea, Senior Advisor, Investor Relations Email: ir@ 403-205-7670Toll free: 1-888-699-4853 SOURCE Keyera Corp. View original content to download multimedia:
Cision Canada
14-05-2025
- Business
- Cision Canada
Keyera Announces Second Quarter 2025 Dividend
CALGARY, AB, May 14, 2025 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today a quarterly cash dividend of $0.52 per common share for the second quarter of 2025. The dividend will be payable on June 30, 2025, to shareholders of record on June 16, 2025. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. (TSX: KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. Its predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage, and marketing; iso-octane production and sales; and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. 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. Dan Cuthbertson, General Manager, Investor Relations Katie Shea, Senior Advisor, Investor Relations Email: [email protected] Telephone: 403-205-7670 Toll free: 1-888-699-4853 SOURCE Keyera Corp.
Cision Canada
01-05-2025
- Business
- Cision Canada
Keyera Announces Timing of 2025 First Quarter Results and 2025 Annual Meeting
CALGARY, AB, May 1, 2025 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it expects to release its first quarter 2025 results before markets open on Thursday, May 15, 2025. The release will be followed by a conference call and webcast that have been scheduled for Thursday, May 15, 2025, at 8:00 AM Mountain Time (10:00 AM Eastern Time). Keyera will also be holding its 2025 Annual and Special Meeting of Shareholders (the "Annual Meeting") in-person and virtually on Thursday, May 15, 2025, at 10:00 AM Mountain Time (12:00 PM Eastern Time). First Quarter 2025 Results The conference call dial-in number is 888-510-2154 or 437-900-0527. A recording of the conference call will be available for replay until 10:00 PM Mountain Time on May 29, 2025 (12:00 AM Eastern Time on May 30, 2025), by dialing 888-660-6345 or 289-819-1450 and entering passcode 98533. To join the conference call without operator assistance, you may register and enter your phone number here to receive an instant automated call back. This link will be active on Thursday, May 15, 2025, at 7:00 AM Mountain Time (9:00 AM Eastern Time). A live webcast of the conference call can be accessed here or through Keyera's website at Shortly after the call, an audio archive will be posted on the website for 90 days. 2025 Annual and Special Meeting of Shareholders Keyera is also pleased to announce that it has filed the Management Information Circular and related meeting and proxy materials (the "Meeting Materials"), for the Annual Meeting. Copies of the Meeting Materials are available on Keyera's profile on SEDAR+ at and on Keyera's website at and have been mailed to Keyera's shareholders. The Annual Meeting will be held in-person and virtually. The in-person meeting will take place at the Lumi Experience Studio located at Suite 1410, 225 6 Ave SW in Calgary, AB and shareholders wishing to attend virtually can do so via live audio webcast. The webcast link can be found here or on Keyera's website at under Investors, Annual meeting. All shareholders are encouraged to vote at the Annual Meeting or by proxy. Details on how to vote and participate in the Annual Meeting are available in the Meeting Materials. Shareholders with questions may contact either Keyera's transfer agent Odyssey Trust Company by telephone at 1-888-290-1175 or at or Kingsdale Advisors, Keyera's strategic advisor, by telephone at 1-800-348-1210 (toll-free in North America) or 1-437-561-5014 (text and call enabled outside North America), or by email at [email protected] About Keyera Corp. Keyera Corp. (TSX: KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. Its predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage, and marketing; iso-octane production and sales; and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. 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. Dan Cuthbertson, General Manager, Investor Relations Katie Shea, Senior Advisor, Investor Relations Email: [email protected] Telephone: 403-205-7670 Toll free: 888-699-4853 SOURCE Keyera Corp.
