Geopolitics Alpha

TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada

Published . Updated .

Key takeaways

  • Canadian pipeline operator TC Energy Corp.
  • Exposed: AMLP, EWC, KMI, ET, WMB
  • Market reaction: EWC +1.9% on the day; WMB +3.6% on the day; KMI +2.1% on the day

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada

Canadian pipeline operator TC Energy Corp. announced approximately 3 billion Canadian dollars ($2.1 billion) in new corridor growth projects, bringing its total 2026 project approvals to about CA$6 ($4.3 billion).

Directly affected

  • TRP Tc Energy+5.4% 30d

    Named in this report.

Indirectly affected

  • AMLP Alerian MLP ETF-1.7% 30d

    Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.

  • EWC iShares MSCI Canada ETF+0.9% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • ET Energy Transfer-1.9% 30d

    Energy Transfer (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • ENB Enbridge+3.0% 30d

    Enbridge (pipe lines (no natural gas), with business in Canada): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TRP+2.73%+1.15%base+1.43%after closeafter closeafter close
AMLPNo price data for this ticker———————
EWC+1.43%+3.07%base+1.93%after closeafter closeafter close
KMI+9.25%+5.24%base+2.09%after closeafter closeafter close
ET+7.30%+3.23%base+1.22%after closeafter closeafter close
WMB+11.09%+5.91%base+3.60%after closeafter closeafter close
ENB+4.94%+4.06%base+1.12%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada Pipeline Technology Journal

Source: Pipeline Technology Journal

Alps Etf Tr (AMLP) since this story, compared with the market

CompanyWhenMoveStatus
Enbridge (ENB)that day+1.12%final price
Enbridge (ENB)three days earlier+4.06%final price
Enbridge (ENB)five days earlier+4.94%final price
Energy Transfer (ET)that day+1.22%final price
Energy Transfer (ET)three days earlier+3.23%final price
Energy Transfer (ET)five days earlier+7.30%final price
Ishares Msci Canada Etf (EWC)that day+1.93%final price
Ishares Msci Canada Etf (EWC)three days earlier+3.07%final price
Ishares Msci Canada Etf (EWC)five days earlier+1.43%final price
Kinder Morgan (KMI)that day+2.09%final price
Kinder Morgan (KMI)three days earlier+5.24%final price
Kinder Morgan (KMI)five days earlier+9.25%final price
TRPthat day+1.43%final price
TRPthree days earlier+1.15%final price
TRPfive days earlier+2.73%final price
Williams Companies (WMB)that day+3.60%final price
Williams Companies (WMB)three days earlier+5.91%final price
Williams Companies (WMB)five days earlier+11.09%final price

Members of Congress who traded Alps Etf Tr (AMLP) near this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Companies in energy around Alps Etf Tr (AMLP)

Companies tied to this story

  • AMLP Alps Etf Tr

    For “TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada,” Alps Etf Tr (AMLP) is linked, with no stored direction, medium confidence. Reason on file: Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story

  • EWC Ishares Msci Canada Etf

    In “TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)

  • KMI Kinder Morgan

    In “TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

  • ET Energy Transfer

    Energy Transfer (ET) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada.” Reason on file: Energy Transfer (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

  • WMB Williams Companies

    In “TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

  • ENB Enbridge

    Enbridge (ENB) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada.” Reason on file: Enbridge (pipe lines (no natural gas), with business in Canada): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

How energy news reaches Alps Etf Tr (AMLP)

Alps Etf Tr (AMLP) is the company in “TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada,” the 9 Nov 2026 Energy story.

Alps Etf Tr (AMLP) is on the page because Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story

A second company, Ishares Msci Canada Etf (EWC), is listed for a different reason: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)

Dates in the story, and the Alps Etf Tr (AMLP) price range

AMLP traded between 51.55 and 54.20 across 20 sessions. The latest close on file is 52.75. EWC traded between 57.81 and 61.73 across 20 sessions. The latest close on file is 60.20. KMI traded between 31.12 and 32.43 across 3 sessions. The latest close on file is 32.27.

The energy score for Alps Etf Tr (AMLP)

46 out of 100

“TC Energy Approves $2.1 Billion in New Pipeline Expansions Across U.S. and Canada” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.