Drooid Logo
Back to today’s briefing

Story perspectives

Trans Mountain Corp. Returns $1.7B, Boosts Capacity Plans

11/30/2025

50 9 Full Breakdown

1 of 1

Story summary
  • Trans Mountain Corp. will return $1.7 billion to the Canadian government this year due to higher volumes and lower capex.
  • In the third quarter, the pipeline averaged 777,000 barrels per day and 87% utilization, while the British Columbia government shifted to support these expansions.
  • Mark Maki, CEO of Trans Mountain Corp., announced plans to boost capacity by 360,000 barrels per day through projects including adding chemical agents to improve flow.