Keyera Corp. lowered its 2026 marketing realized margin guidance to a range of $320 million to $350 million. This update replaces the previous forecast of $360 million to $390 million.
The company attributes the revision to Enbridge’s Line 5 pipeline disruption and reduced output at the Alberta EnviroFuels (AEF) facility. The Line 5 shutdown will decrease the marketing segment's realized margin by approximately $30 million.
The AEF facility resumed operations in June after a five-month outage but requires further equipment replacements. The plant will operate at approximately 70% capacity through April 2027. Keyera expects the facility to return to full production in June 2027.