Stocks in play: Keyera Corp.
Reports the start-up of all six gas plants shut-in due to the Alberta wildfires. The impact of the outages on Keyera's second quarter Gathering and Processing segment operating margin is expected to be $13 million to $15 million. As a result of the disruption, the planned 10-day turnaround at the Wapiti gas plant, previously scheduled for the second quarter, has been deferred to the fourth quarter. The planned three-week turnaround at the Rimbey gas plant in the second quarter will continue as planned. Keyera Corp. shares T.KEY are trading down $0.09 at $31.40.
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