If the rejection of the Keystone XL Pipeline becomes permanent, TransCanada (TRP) may be "dead...

|About: TransCanada Corporation (TRP)|By:, SA News Editor

If the rejection of the Keystone XL Pipeline becomes permanent, TransCanada (TRP) may be "dead money," lagging its peers and struggling to reposition. The project could have added $10/share to TransCanada's stock this year and helped transform it into an oil-pipeline powerhouse. TransCanada plans to reapply for a U.S. permit.