Keyera, Pembina Pipeline shares reach 52-week high

Elizabeth Walters Elizabeth Walters, Stockhouse
0 Comments| April 22, 2013


  

Keyera Corp. (TSX: T.KEY, Stock Forum) briefly hit $60.59 on Monday before closing at $60.21, for an increase of 0.9%. 

On April 10, the natural gas midstream businesses operator and Plains Midstream Canada ULC, a wholly owned subsidiary of Plains All American Pipeline, L.P. (NYSE: PAA, Stock Forum), said they had entered into an arrangement to solicit interest in the construction of a jointly-owned liquids pipeline system in northwest Alberta.

The proposed pipeline system, to be called the Western Reach Pipeline System, is anticipated to run from the Gordondale area of northwestern Alberta to Alberta's natural gas liquids energy hub in Fort Saskatchewan. 

The second company to make the 52-week-high list was Pembina Pipeline Corp. (TSX: T.PPL, Stock forum). The stock hit a new peak of $32.15, before closing at $32.00, for an increase of 0.7%. 

On April 17, the transportation and midstream service provider said it would release its first quarter 2013 results on Thursday, May 9, 2013 after markets close.

Furthermore, a conference call and webcast have been scheduled for Friday, May 10, 2013 at 8:00 a.m. MT (10:00 a.m. ET) for interested investors, analysts, brokers and media representatives. 



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