François Poirier

François Poirier leads TC Energy as President and CEO, overseeing North America's largest natural gas pipeline network. TC Energy (formerly TransCanada Corporation) operates over 93,000 kilometers of natural gas pipelines connecting supply basins in Western Canada and the U.S. Marcellus/Utica shales to demand centers across the continent, including power generation, industrial, residential, and LNG export facilities. TC Energy's pipeline system includes iconic assets: the NGTL system in Alberta (gathering gas from the Western Canadian Sedimentary Basin), the Canadian Mainline, and extensive U.S. systems. The company also operates power generation facilities, natural gas storage, and has LNG development projects. In 2023, TC Energy completed the spin-off of its liquids pipelines business into South Bow Corporation, focusing the remaining company purely on natural gas and power. Natural gas demand in North America is supported by multiple structural drivers: gas-fired power generation (replacing coal), LNG exports (growing rapidly), industrial demand, and data center power needs. Key stock drivers include natural gas pipeline throughput volumes, regulated tolls and contract renewals, capital project execution, interest rates (critical for infrastructure valuations), NGTL system utilization, U.S. gas-fired power generation growth, LNG export facility construction progress, and Canadian regulatory developments.