Keyera reports $122M first-quarter loss, revenue down from year ago - BNN Bloomberg
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Article Excerpt
CALGARY — Keyera Corp. reported a loss of $122 million in its latest quarter as it saw a large unrealized non-cash loss associated with risk management contracts.
The company says the loss amounted to 53 cents per share for the quarter ended March 31 compared with a profit of $130.3 million or 57 cents per share in the first quarter of 2025.
Distributable cash flow per share amounted to 44 cents, down from 83 cents per share a year earlier.
Revenue totalled $1.30 billion, down from $1.76 billion in the same quarter last year.
Earlier this week, Keyera closed its deal to buy the Canadian na…
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