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Keyera posts increases in Q2 adjusted EBITDA, profit

Keyera Corp. on Aug. 8 reported second-quarter adjusted EBITDA of C$209.9 million, an increase from C$133.2 million a year earlier.

The S&P Global Market Intelligence consensus estimate of adjusted EBITDA for the quarter was C$174.7 million.

The Canadian midstream energy company's distributable cash flow in the quarter was C$155.8 million, an increase from C$107.6 million in the prior-year period. Keyera reported net earnings of C$106.8 million for the second quarter, up from C$67.1 million a year earlier.