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Better Pipeline Stock: Enbridge vs. TC Energy?

Summary by The Motley Fool Canada

North America’s energy infrastructure giants, such as Enbridge (TSX:ENB) and TC Energy (TSX:TRP), are reshaping their strategies, and Bay Street is watching these developments closely. In late 2023, Enbridge announced a landmark US$14 billion acquisition of three natural gas utilities from Dominion Energy, allowing it to expand its gas distribution footprint. Meanwhile, TC Energy has separated its oil pipeline business into a standalone company …

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The Motley Fool Canada

Better Pipeline Stock: Enbridge vs. TC Energy?

North America’s energy infrastructure giants, such as Enbridge (TSX:ENB) and TC Energy (TSX:TRP), are reshaping their strategies, and Bay Street is watching these developments closely. In late 2023, Enbridge announced a landmark US$14 billion acquisition of three natural gas utilities from Dominion Energy, allowing it to expand its gas distribution footprint. Meanwhile, TC Energy has separated its oil pipeline business into a standalone company …

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The Motley Fool Canada broke the news in 1 month ago on Sunday, January 19, 2025.

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