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Stock impact report

2 Spin-off Stocks Poised to Outperform in the New Year and Beyond [Yahoo! Finance Canada]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
Large-cap firms with stable core businesses often spin off niche divisions into standalone entities to unlock and maximize shareholder value. TC Energy spun off its liquids pipelines business in October 2024. Maple Leaf Foods followed a year later by turning its pork business into a separate company. Dividend continuity TC Energy is a TSX dividend powerhouse, and South Bow Corporation TSX:SOBO ) promises dividend continuity post-spin-off. This large-cap stock has advanced nearly 40% since its first trading day on October 1, 2024. This $8 billion pure-play liquids infrastructure company is 100% focused on liquids and brownfield expansion. The Blackrod Connection Project, a key infrastructure development, could be ready for in-service by the first half of 2026. South Bow expects to generate new cash flow from the 25-kilometre crude oil pipeline and a 25-km natural gas lateral. The key investment takeaway for South Bow is the hard-to-replicate assets that connect North America's Show less Read more
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