TC Energy CEO François Poirier said the company could invest "billions" more in the U.S., stressing the importance of free energy flows between the U.S. and Canada (Bloomberg The Close). The comment implies incremental capital spending on the order of billions of dollars that should modestly support TC Energy's pipeline/infrastructure earnings and U.S. asset exposure, serving as a modestly positive catalyst for the stock and sector.
TC Energy CEO François Poirier said the company could invest "billions" more in the U.S., stressing the importance of free energy flows between the U.S. and Canada (Bloomberg The Close). The comment implies incremental capital spending on the order of billions of dollars that should modestly support TC Energy's pipeline/infrastructure earnings and U.S. asset exposure, serving as a modestly positive catalyst for the stock and sector.
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mildly positive
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0.25
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