TC Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photoprepares to unload C$5 billion in assets next year, investors and analysts say the North American pipeline operator has plenty of options without touching its core gas business.
"I remember reading a book once called, 'Sacred Cows Make the Best Burgers,'" Poirier said at the company's investor day.Calgary, Alberta-based TC is widely known for its Keystone oil pipeline, a critical artery for moving Canadian oil to U.S. refiners that dominated headlines over the past decade for an expansion that ultimately failed.
TC should consider selling Keystone along with its stake in Ontario's Bruce Power nuclear facility, since they are not part of its core business, said Rob Thummel, senior portfolio manager at TC shareholder Tortoise Capital Advisors.
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