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)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.