Market movers: Stocks seeing action on Friday and why


Source: theglobeandmail.com theglobeandmail.com

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A survey of North American equities heading in both directions On the rise Shares of pipeline operator TC Energy Corp. (TRP-T) saw gains after it beat first-quarter profit estimates on Friday, helped by robust demand for liquefied natural gas (LNG). Demand in the U.S., the largest importer of Canada’s oil and gas, rose in the first quarter according to the U.S. Energy Information Administration, benefiting Canadian energy firms. Total earnings from TC Energy’s pipeline segments came in at $2.27-billion, compared with $2.17-billion last year. The United States was the world’s top liquefied natural gas (LNG) exporter last year, but in...