TC Energy's Mexico Region Will Boost Growth as Projects Come Online -- Market Talk

Dow Jones

2024/11/19

0926 ET - Operations in Mexico coming online should drive TC Energy's short-term growth. In a Scotiabank report, Robert Hope says between 2024-2027, the company forecasts Ebitda compounded annual growth rates of around 3%, 4% and 25% for Canadian, U.S., Mexico natural gas pipelines, respectively. This strong Mexican growth is largely due to the Southeast Gateway project entering service in 2025, the analyst says. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

November 19, 2024 09:26 ET (14:26 GMT)

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