South Bow gauging customer interest in new Alberta-to-U. S. pipeline project [Globe and Mail, The (Toronto, Canada)]
TC Energy Corporation (TRP)
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Source: Globe and Mail, The
The Calgary-based company says it has begun soliciting binding commitments for long-term transportation service from Hardisty, Alta., to points south including the massive crude storage hub at Cushing, Okla., and the U.S. Gulf Coast. South Bow made the announcement alongside its fourth-quarter results, which included an increase in net income to $156-million from $55-million during the same period a year earlier. On a per-share basis, the profit amounted to 61 cents, up from 54 cents in the same 2024 period. Revenue was $503-million versus a year-earlier $488-million. South Bow operates the existing Keystone pipeline which begins in Hardisty and delivers crude to refineries in the Midwest and Gulf Coast. The ill-fated XL expansion first pitched in 2008 would have added capacity, along with a section of new pipe providing a more direct route to the Gulf of Mexico. Keystone XL has been repeatedly killed and resurrected by successive U.S. administrations over the years, and
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News
- South Bow boss taking lessons from Keystone XL as it pursues new cross-border project [BNN Bloomberg (Canada)]BNN Bloomberg
- 4 No-Brainer Pipeline Stocks to Buy Right Now Before Oil Hits $100 [Yahoo! Finance]Yahoo! Finance
- South Bow gauging shipper interest in new Alberta-to-U. S. pipeline project [Yahoo! Finance Canada]Yahoo! Finance Canada
- Posthaste: This dormant pipeline needs to be restarted for the sake of Canada, economists say [Yahoo! Finance Canada]Yahoo! Finance Canada
- 4 Canadian Dividend Stocks to Buy if You Want $500 a Month [Yahoo! Finance Canada]Yahoo! Finance Canada
TRP
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- 2/13/26 - Beat
TRP
Sec Filings
- 2/13/26 - Form 6-K
- 2/13/26 - Form 40-F
- 2/13/26 - Form 6-K
- TRP's page on the SEC website