|Bid||64.67 x N/A|
|Ask||64.68 x N/A|
|Day's Range||64.25 - 64.85|
|52 Week Range||50.61 - 66.14|
|Beta (5Y Monthly)||0.76|
|PE Ratio (TTM)||27.12|
|Earnings Date||Jul 28, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||3.48 (5.38%)|
|Ex-Dividend Date||Jun 29, 2021|
|1y Target Est||69.58|
After struggling for years to complete the $9 billion Keystone XL Pipeline, TC Energy (NYSE: TRP) stated yesterday that it's throwing in the towel and terminating the project. As recently as last week, for example, state attorneys general from Alaska and Florida had joined a lawsuit with 21 other states seeking to overturn President Biden's cancellation of the Keystone XL project.
(Bloomberg) -- TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that became a litmus test for climate activism and was blocked by President Joe Biden.Calgary-based TC Energy said in a statement it had formally terminated the project after consultation with the government of Alberta in Canada. It had already suspended construction on the pipeline earlier this year, after Biden revoked a presidential permit for the project.Keys
The sponsor of the Keystone XL crude oil pipeline said Wednesday it is pulling the plug on the contentious project after Canadian officials failed to persuade President Joe Biden to reverse his cancellation of its permit on the day he took office.