Updated
Updated · MarketWatch · May 1
TC Energy stock slides and underperforms Canadian market
Updated
Updated · MarketWatch · May 1

TC Energy stock slides and underperforms Canadian market

14 articles · Updated · MarketWatch · May 1
  • Shares fell 0.49% to C$90.63 on Friday, while the S&P/TSX Composite Index dropped 0.22% to 33,891.18.
  • The stock finished 1.0% below its 52-week high of C$91.50, reached on 30 April.
  • Trading volume was 5.0 million shares, below the company's 50-day average of 6.5 million, during a broadly weak session for Canadian equities.
With TC Energy’s high dividend payout and rising debt, could a global LNG glut force the company to slash payouts or rethink its growth strategy?
As pipeline projects race to meet data center-driven demand, is TC Energy underestimating the risks of global LNG oversupply and regulatory hurdles?