Analysis-TC Energy eyes Coastal GasLink pipeline to finish year on higher note
TC Energy's surprise plan last week to split the company accelerated a stock selloff, but shareholders bet the North American pipeline operator will finish the year on a higher note by completing the troubled Coastal GasLink project. Investors registered disappointment after TC said on July 24 it would sell a stake in two U.S. natural gas pipelines for less than some expected, then announced on Thursday plans to spin off its liquids business, including the Keystone oil pipeline. TC's...
Source: yahoo.com