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TC Energy gains as toll collection starts for Southeast Gateway pipeline in Mexico

ReutersJun 27, 2025 1:05 PM

U.S.-listed shares of Canadian pipeline operator TC Energy TRP.TO, TRP.N rise 1.9% to $48.83 premarket

Company commences collection of tolls from the Comisión Federal de Electricidad (CFE) for the Southeast Gateway natural gas pipeline in Mexico

Adds that the toll has been paid by the CFE for the month of May, in accordance with the contract

Company is working with the newly constituted Comisión Nacional de Energía (CNE) to obtain the approval of its regulated rates as soon as possible

As of last close, stock up 3.1% YTD

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