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The quarter was a pivotal one for Keyera, as it closed the CAD$4.6 billion purchase of Plains’ Canadian NGLs business, and the CAD$1.2 billion purchase of the other 50% of KAPS from Stonepeak.

Keyera Corp. provided a business update on June 16, a few weeks after having closed the acquisition of Plains’ Canadian NGLs business.

Despite some headwinds in 2025, ONEOK was able to maintain its streak of 12 consecutive years of adjusted EBITDA growth.