TC Energy(TRP)

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Why TC Energy Is A Must-Have For Income And Growth Investors
Seeking Alpha· 2024-12-22 13:30
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.It’s been a few months since I covered TC Energy (NYSE: TRP ) in my last article back in September, highlighting its value proposition amidst robust demand f ...
TC Energy Exits North Dakota's $2 Billion Carbon Capture Project
ZACKS· 2024-12-03 13:30
TC Energy Corporation (TRP) , a Calgary, Alberta-based oil and gas storage and transportation company, has withdrawn from Project Tundra, a crucial $2 billion initiative aimed at capturing CO2 emissions from the Milton R. Young Station coal-fired power plant. According to Politico, this decision marks a significant shift for North Dakota’s ambitious carbon capture project and is expected to delay the final construction decision. This move presents new challenges for the project’s future. It has sparked reac ...
TC Energy provides conversion right and dividend rate notice for Series 1 and 2 preferred shares
GlobeNewswire News Room· 2024-12-02 22:00
CALGARY, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) today announced that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) and Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares) on Dec. 31, 2024. As a result, subject to certain conditions: (a) the holders of Series 1 Shares have the right to choose one of the following options with regard ...
TC Energy to Receive C$199M for Coastal GasLink Pipeline Project
ZACKS· 2024-12-02 12:35
TC Energy Corporation (TRP) , a leader in North America’s energy infrastructure, has announced that it will receive a one-time payment of C$199 million as part of a new commercial agreement linked to the Coastal GasLink pipeline project. This momentous update was revealed during TRP’s Investor Day on Nov. 19, where executives shared insights into its forward-looking strategic vision and growth plans.TRP’s Coastal GasLink Project: A Key Energy Infrastructure InitiativeThe Coastal GasLink pipeline is an integ ...
TC Energy & Hanwha Join Forces to Create Carbon-Free Power
ZACKS· 2024-11-29 11:51
TC Energy Corporation (TRP) , a Calgary, Alberta-based oil and gas storage and transportation company, has entered into a memorandum of understanding (“MOU”) with Hanwha Power Systems, a global leader in air and gas compressor technology, to work on an innovative project aimed at cleaner energy. The collaboration focuses on using supercritical carbon dioxide (sCO2) technology to capture and convert waste heat from TRP’s natural gas compressor station in West Virginia into renewable energy. This project repr ...
TRP Revises Plan to Sale NGTL System Stake to Indigenous Communities
ZACKS· 2024-11-21 12:26
TC Energy Corporation (TRP) , one of Canada’s leading energy infrastructure companies, recently announced that its plan to sell a stake in its Western Canadian gas pipeline system to Indigenous communities may not unfold as originally designed. This deal, which was set to be the largest Indigenous equity transaction in the history of Canada, has faced unforeseen delays and complications, potentially jeopardizing its completion. Background of the Proposed TRP DealTC Energy’s original plan was to sell an inte ...
TC Energy Forecasts Growth With C$1.5B Projects and Higher 2025 EBITDA
ZACKS· 2024-11-20 13:01
TC Energy Corporation (TRP) , a leading energy infrastructure company in North America, recently announced its guidance for fiscal 2025. The company estimates a comparable EBITDA in the range of C$10.7 billion to C$10.9 billion (approximately $7.63 billion to $7.78 billion), indicating an increase over its 2024 outlook.This positive estimate implies the rising demand for natural gas and electrification, alongside the company’s strategic investments in key growth projects. The announcement came during TC Ene ...
TC Energy's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2024-11-13 13:16
TC Energy Corporation (TRP) reported third-quarter 2024 adjusted earnings of 76 cents per share, which beat the Zacks Consensus Estimate of 70 cents. The bottom line slightly increased from 75 cents reported in the year-ago period. This better-than-expected performance was driven by robust results from the company's Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines and Power and Energy Solutions segments.This North America’s energy infrastructure pr ...
TC Energy 2024 Investor Day event to be webcast
GlobeNewswire News Room· 2024-11-12 22:00
CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 19, 2024. Members of TC Energy’s senior leadership team will demonstrate the Company’s 2025 strategic priorities, long-term strategic outlook and growth objectives. The event will be webcast (video) beginning at 8 a.m. EST (6 a.m. MST). Interested parties may view the webcast available on TC Energy’s website at Investor Day 2024 (tcenergy.co ...
TC Energy(TRP) - 2024 Q3 - Earnings Call Transcript
2024-11-07 16:49
TC Energy Corporation (NYSE:TRP) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Gavin Wylie - VP of IR Francois Poirier - CEO, President & Director Sean O’Donnell - EVP & CFO Stan Chapman - EVP & COO of Natural Gas Pipelines Annesley Wallace - EVP of Strategy, Corporate Development and President of Power & Energy Solutions Conference Call Participants Praneeth Satish - Wells Fargo Rob Hope - Scotiabank Theresa Chen - Barclays Maurice Choy - RBC Capital Markets Keith Stanle ...