TC Energy shareholders approve spinoff, creation of South Bow pipelines business

  • 📰 CBCCalgary
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

TC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.

TC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.TC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.

The company's crude oil pipelines, including the critical Keystone pipeline system, will become part of a new liquids pipeline business called South Bow. "As two separate entities, each company will have the ability to focus on their distinct strategies and opportunity sets, delivering essential energy that the world relies upon," Poirier said.

Spinning off the oil pipelines business, which has long-term committed contracts with oil shippers, will give South Bow the chance to use its robust cash flows to pay down debt and enhance shareholder returns, while TC Energy will become a growth-oriented company focused on natural gas.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 78. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

TC Energy shareholders approve spinoff, creation of South Bow pipelines businessCALGARY — TC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »

TC Energy shareholders approve spinoff, creation of South Bow pipelines businessTC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

TC Energy shareholders approve spinoff, creation of South Bow pipelines businessCALGARY — TC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

TC Energy shareholders vote to spin off company’s liquids pipeline businessThe spinoff will create a new energy infrastructure firm known as South Bow Corp whose assets include the Keystone oil pipeline
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »