TC Energy closes Coastal GasLink deal and TC Energy stock costs EUR 54.88

Published on 10/14/2026 at 09:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Five Nations joined Coastal GasLink on October 13, 2026. TC Energy stock was EUR 54.88 on October 14, 2026; NYSE showed USD 61.55 on October 13.

Pipeline ownership and reporting dates

Five First Nations joined the Coastal GasLink investment on October 13, 2026.
Coastal GasLink transports 2.10 billion cubic feet per day to LNG Canada.
TC Energy stock trades at EUR 54.88 at 9:04 a.m. CEST at Lang & Schwarz on October 14, 2026.

TRP, CA87807B1076, Illustration mit AI erstellt.

TC Energy (ISIN CA87807B1076) was trading at EUR 54.88 at Lang & Schwarz on October 14, 2026 at 9:04 a.m. CEST as the company completed a Coastal GasLink investment agreement with five First Nations on October 13, 2026. GlobeNewswire reports that the transaction is the first of two planned Indigenous investment deals tied to the pipeline.

Three pipeline milestones in 2026

On September 21, 2026, TC Energy agreed to sell its Guadalajara-Manzanillo Pipeline business for gross proceeds of USD 560.00 million, including USD 400.00 million in cash, according to MarketScreener.

On September 29, 2026, the company said Coastal GasLink Phase 2 would proceed after LNG Canada reached a positive final investment decision. Finanznachrichten reports that construction is expected to begin in early 2027, with service anticipated in the early 2030s.

What does the new ownership mean?

The October 13 agreement gives the five participating First Nations an economic interest in the entity holding TC Energy's limited partner interest in Coastal GasLink. The pipeline currently transports 2.10 billion cubic feet of natural gas per day to LNG Canada, while Phase 2 is expected to nearly double system capacity, according to GlobeNewswire. The structure links local participation to long-term pipeline economics while leaving TC Energy as operator and co-owner.

Targets and reporting dates

Goldman Sachs upgraded TC Energy from Neutral to Buy on September 30, 2026, raising its USD price target from USD 69.00 to USD 71.00, as reported by Markets Insider. The report linked the upgrade to concerns about gas demand growth and higher interest rates.

TC Energy's next earnings release is scheduled for November 5, 2026, before the market opens, according to Gekko. A quarterly dividend payment is scheduled for October 30, 2026, following a September 29 record date, according to MarketBeat.

Stock price and company scale

TC Energy's NYSE quote was USD 61.55 on October 13, 2026 at 4:00 p.m. EDT, while its market capitalization was USD 64.1 billion. The same market data showed a 52-week range of USD 49.27 to USD 71.47, giving investors a separate view of the company's position on its primary exchange.

TC Energy was trading at EUR 54.88 at Lang & Schwarz on October 14, 2026 at 9:04 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of TC Energy stock.