KEYUF - Keyera GAAP EPS of C$0.41

Keyera press release (OTCPK:KEYUF): Q4 GAAP EPS of C$0.41. Adjusted EBITDA of C$293.74M. Management comment: As we fund the KAPS pipeline project in 2022, we expect our net debt to adjusted EBITDA to go above our corporate target range of between 2.5 and 3 times. That said, we expect our leverage to return within the target range in 2023 as capital expenditures are reduced and KAPS and other areas of the business bring on additional margins. In addition, we are actively evaluating options to sell non-core assets to recycle capital into higher return, more strategic opportunities. The sale of Keyera's Hull Terminal was part of this strategy.

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Keyera GAAP EPS of C$0.41