TC Energy will succeed even if its plan to spin off oil pipelines fails
is successful or not. The roughly 15 per cent of the company devoted to oil transportation being spun off is immaterial relative to the current size, and opportunities ahead, in the gas and power businesses.
Pipeline giant TC Energy’s proposed split does little to alleviate debt woes weighing on shares, experts say Management’s credibility is on the line with the current plan, but ultimately it will be the quality of the company’s assets, and their future opportunities, that will determine the outcome for patient investors.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Siemens Energy books US$2.4-billion in charges on wind turbinesThe charges will inflate Siemens Energy’s net loss more than six-fold in 2023 to 4.5 billion euros, the company said
Read more »
Opinion: To advance Canada’s economy, universities must stop valuing specialization over rangeAcademia is where hyper-specialists, or ‘moles,’ tend to thrive, but universities have tended to ignore their opposites, the ‘mutts,’ animals of mixed background
Read more »
Opinion: Bank of Canada shows growing interest in corporate earnings, stock marketThe output from the research department has indicated a great deal of interest in corporate information, inflation and the transmission of rate policy
Read more »
Nine new fires confirmed in northeastern Ontario in last 24 hoursThe wildland fire hazard ranges from moderate to high with one small pocket of extreme fire hazard near Thessalon
Read more »
Victoria police seek high-risk missing man last seen Aug. 4Victoria police are asking for help as they search for a high-risk missing man last seen on Friday, Aug. 4, 2023.
Read more »
Opinion: Western patronizing isn’t enough to counter Russia’s influence in AfricaThe Wagner Group now has a growing arc of influence across the Sahel region, including Mali, the Central African Republic, and Sudan
Read more »