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Keystone XL Pipeline Shut Down: What Investors Should Know About Owner TC Energy
Thursday, June 10, 2021 - 10:47am | 321A controversial oil pipeline that saw a series of protests has officially been canceled as announced by the company. What Happened: The Keystone XL Pipeline owned by TC Energy Corporation (NYSE: TRP) has officially been halted after a review by the company and its partner the Government of...
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What Keystone Pipeline Cancellation Means For Crude-by-rail
Monday, February 15, 2021 - 10:51am | 1860President Joe Biden's revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in...
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Keystone Pipeline Will Create Thousands Of Jobs, But How Many Will Be Permanent?
Monday, March 27, 2017 - 8:54am | 824The Trump administration has approved completion of the controversial Keystone XL oil pipeline project, authorizing TransCanada Corporation (USA) (NYSE: TRP) to go ahead with the construction of the pipeline in the Phillips County, Montana, along the U.S.-Canadian border. That said, doubts have...
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Trump's Keystone XL Pipeline Approval Will Impact Crude Oil Spreads, Boost Canadian Economy
Friday, March 24, 2017 - 12:21pm | 454On Friday, President Donald Trump signed a permit to allow the construction of the controversial Keystone XL pipeline. Fuel price-tracker GasBuddy has been tracking the Keystone controversy for the last several years. “While the impact on gasoline prices may not be immediately known or felt,...
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The Next Steps For TransCanada After Trump's Keystone XL Order
Wednesday, January 25, 2017 - 4:56pm | 417Credit Suisse sees continued upside in the shares of TransCanada Corporation (USA) (NYSE: TRP) after President Donald Trump signed an executive order inviting TransCanada's Keystone XL Pipeline to re-submit its project application. Analyst Andrew Kuske, who maintains an Outperform rating on the...