Dan Cuthbertson
General Manager of Investor Relations
Replay available
Keyera Corp. (TSX: KEY) Q4 2025 earnings conference call, held 2026-02-12. Replay captured from the company's public earnings webcast.

General Manager of Investor Relations
President and CEO
Senior Vice President and CFO
Senior Vice President, Liquid Business Unit
Senior Vice President, GMP and NGL Pipeline Business Unit
Analyst, TD Cowen
Analyst, Scotiabank
Analyst, BMO Capital Markets
Analyst, RBC Capital Markets
Analyst, CIBC Capital Markets
Analyst, Barclays
Analyst, Tudor, Pickering, Holt & Co.
Analyst, National Bank Capital Markets
Good morning. My name is Dani, and I will be your conference operator today. At this time, I would like to welcome everyone to KIERA's 2025 fourth quarter and year end conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, then the number one on your telephone keypad. If you would like to withdraw your question, please press the pound key. Thank you. I would now like to turn the call over to Dan Cuthbertson, General Manager of Investor Relations. You may begin. Thanks, and good morning. Joining me today will be Dean Setaguchi, President and CEO, Eileen Maricar, Senior Vice President and CFO, Jamie Urquhart, Senior Vice President, Liquid Business Unit, and Brad Flusser, Senior Vice President, GMP, and NGL Pipeline Business Unit. We will begin with some prepared remarks from Dean and Eileen, after which we will open the call to questions. I'd like to remind listeners that some of the comments and answers that we will give today relate to future events. These forward-looking statements are given as of today's date and reflect events or outcomes that management currently expects. In addition, we will refer to some non-GAAP financial measures. For more information on non-GAAP measures and forward-looking statements, please refer to Ciara's public filings available on CDAR and on our website. With that, I'll turn the call over to Dean. Thanks, Dan, and good morning, everyone. 2025 was a transformational year for Kira. We continued to demonstrate the strength of our fee-for-service business, delivering record results in both liquids infrastructure and gathering processing. These results were driven b...