|Bid||41.88 x 800|
|Ask||49.00 x 800|
|Day's range||41.51 - 42.31|
|52-week range||32.37 - 57.92|
|Beta (5Y monthly)||0.73|
|PE ratio (TTM)||15.03|
|Earnings date||09 Feb 2017 - 13 Feb 2017|
|Forward dividend & yield||2.39 (5.71%)|
|Ex-dividend date||29 Jun 2020|
|1y target est||54.51|
The $8 billion development is aimed at transporting oil sands crude from Canada to a market hub in the U.S. (Nebraska) for eventual delivery to refineries in the Gulf Coast.
News Release – TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that 401,590 of its 8,533,405 fixed rate Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) have been elected for conversion on June 30, 2020, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares); and 1,865,362 of its 5,466,595 Series 4 Shares have been elected for conversion, on a one-for-one basis, into Series 3 Shares. As a result of the conversions, TC Energy will have 9,997,177 Series 3 Shares and 4,002,823 Series 4 Shares issued and outstanding. The Series 3 Shares will pay on a quarterly basis for the five-year period beginning on June 30, 2020, as and when declared by the Board of Directors of TC Energy, a fixed dividend at an annualized rate of 1.694%.
Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and the TC Energy Foundation are proud to announce the donation of US$50,000 to the University of Houston’s College of Natural Sciences and Mathematics (NSM) to support a summer program that enables high school students interested in science, technology, engineering or math (STEM) majors to prepare for the transition to college. The intensive, nine-week program, TC Energy Summer Scholars Academy, kicked off on June 9 and provides support to 50 students, many of whom are the first generation in their family to attend college.
News Release – TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) and Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares) on June 30, 2020. Beneficial owners of Series 3 Shares and Series 4 Shares who want to exercise their right of conversion should communicate as soon as possible with their broker or other nominee and ensure that they follow their instructions in order to meet the deadline to exercise such right, which is 5 p.m. (EDT) on June 15, 2020.
Five of these dividend standouts are water utility American Water Works (NYSE: AWK), infrastructure operator Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), electric utility NextEra Energy (NYSE: NEE), industrial REIT Prologis (NYSE: PLD), and pipeline giant TC Energy (NYSE: TRP). American Water Works has delivered high-end dividend growth over the last six years, increasing its payout at a 10.4% compound annual rate.
TC Energy (TRP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A U.S. appeals court in California on Thursday declined to suspend a lower court's ruling that canceled a national environmental permit, in a decision likely to delay pipeline projects, including the Keystone XL oil pipeline. The Army Corps and TC Energy had sought a stay of an April 15 ruling by Chief U.S. District Judge Brian Morris of the District Court in Montana that canceled the so-called Nationwide Permit 12, which allows dredging work on pipelines across water bodies.
NextEra's payout is currently around 4.5%, while TC Energy's is about 5.5%. One of the most important things an income investor must do when trying to decide between two options is to take a closer look at their financial profiles.
Private equity firm KKR & Co Inc said in December that it and Alberta Investment Management Corp would jointly buy the 65% Coastal GasLink stake. The company said the partnership also includes a credit agreement with a syndicate of banks to fund the majority of the construction costs. The C$6.6-billion pipeline, to be operated by TC Energy, had earlier faced opposition from an indigenous group, saying the project interfered with hunting and trapping rights.
News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project). In addition, the Coastal GasLink Pipeline Limited Partnership has executed a credit agreement with a syndicate of banks extending non-recourse project-level financing to fund the majority of the construction costs for the Project which, with the closing of the equity sale, are available to be drawn.
North American midstream companies Enbridge (ENB) and TC Energy (TRP) reported better-than-expected Q1 bottom line numbers, while Brazil's Petrobras (PBR) missed earnings estimate.
Dividend payments have been decimated this year because of the impact the COVID-19 outbreak is having on the economy. One of the sectors hit particularly hard has been the energy industry where dividends have plunged with oil demand. Three of the safest these days are those paid by TC Energy (NYSE: TRP), NextEra Energy (NYSE: NEE), and Brookfield Renewable Partners (NYSE: BEP).
TC Energy's (TRP) Q1 revenues of C$3.42 billion slide 2% year over year owing to lower contribution from the Liquids Pipelines segment.
Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that TC Energy is going all-in on the world’s leading cloud, moving its entire infrastructure to AWS. The North American energy company, headquartered in Canada, has migrated almost 90 percent of its corporate and commercial applications, including its SAP platform, to AWS. TC Energy is leveraging the breadth and depth of AWS services, including machine learning, analytics, database, serverless, storage, and compute to deliver energy and generate power more efficiently for millions of homes in North America. The migration also positioned TC Energy to respond quickly to the evolving COVID-19 situation, with TC Energy employees using Amazon WorkSpaces virtual desktops remotely – which extend the functionality of in-office software resources to at-home users – to work securely from home.
A federal judge in Montana on Monday upheld his ruling last month that canceled an environmental permit for the long-delayed Keystone XL oil pipeline and threatened other oil and natural gas pipeline projects with delays. Chief U.S. District Judge Brian Morris denied a request by the U.S. Army Corps of Engineers to narrow his April 15 ruling that canceled the so-called Nationwide Permit 12. The permit allows dredging work on pipelines across water bodies.
Generating solid results and distributions while delivering essential services HOUSTON, May 06, 2020 -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported net.
Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) is proud to announce that beginning today its #BetterTogether Campaign is matching all donations made through the TC Energy Giving Portal at 200 per cent up to its goal of $500,000 to support COVID-19 relief efforts across North America. Donations will increase food security for those struggling to make ends meet, provide support to those on the front lines, and help organizations continue meeting the urgent needs of their communities.
CALGARY, Alberta, May 01, 2020 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2020 annual meeting of.
CALGARY, Alberta, May 01, 2020 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared.
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for first quarter 2020 of $1.15 billion or $1.22 per share compared to net income of $1.0 billion or $1.09 per share for the same period in 2019. Comparable earnings for first quarter 2020 were $1.1 billion or $1.18 per common share compared to $1.0 billion or $1.07 per common share in 2019. TC Energy's Board of Directors also declared a quarterly dividend of $0.81 per common share for the quarter ending June 30, 2020, equivalent to $3.24 per common share on an annualized basis.
News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today announced that it has completed the sale of its interests in three Ontario natural gas-fired power plants to a subsidiary of Ontario Power Generation Inc. for net proceeds of approximately $2.8 billion prior to post-closing adjustments. The facilities include the 683-megawatt Halton Hills power plant, the 900-megawatt Napanee generating station and TC Energy’s 50 per cent interest in the 550-megawatt Portlands Energy Centre. “Completing this transaction further strengthens our financial position, helps fund our industry-leading secured capital program and maximizes value for our shareholders,” said Russ Girling, TC Energy President and Chief Executive Officer.
CALGARY, Alberta, April 24, 2020 (GLOBE NEWSWIRE) -- – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has reached a five-year negotiated revenue requirement settlement with its customers and other interested parties that extends from 2020 to 2024. “This settlement is the result of a collaborative engagement with our customers and is responsive to the needs of both the industry and our business,” said Russ Girling, TC Energy President and Chief Executive Officer.
News Release – TC PipeLines, LP (TCP) (the Partnership) will release its first quarter 2020 financial results on Wednesday, May 6 pre-market. Nathan Brown, President of the General Partner, along with other members of management, will discuss the Partnership’s financial results and latest developments in a teleconference and webcast on Wednesday, May 6 at 10 a.m. (CDT) / 11 a.m. (EDT). A live webcast will also be available through the Partnership’s website at TCPipeLinesLP.com/events or via the following URL: http://www.gowebcasting.com/10573.
CALGARY, Alberta, April 16, 2020 -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, May 1,.