TC Energy

TC Energy Corporation engages in the provision of energy infrastructure services. It operates through the following business segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, Power and Storage, and Corporate. The Canadian Natural Gas Pipelines segment consists of regulated natural gas pipelines. The U.S. Natural Gas Pipelines segment manages the regulated natural gas pipelines, regulated natural gas storage facilities, midstream, and other assets. The Mexico Natural Gas Pipelines invests on regulated natural gas pipelines in Mexico. The Liquids Pipelines handles investments on crude oil pipeline systems. The Power and Storage segment consists of power generation plants and non-regulated natural gas storage facilities. The company was founded in 1951 and is headquartered in Calgary, Canada.

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TC Energy Corp. engages in the provision of energy infrastructure services. It operates through the following business segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, Power and Energy Solutions, and Corporate. The Canadian Natural Gas Pipelines segment refers to regulated natural gas pipelines. The U.S. Natural Gas Pipelines segment manages the regulated natural gas pipelines, regulated natural gas storage facilities, midstream, and other assets. The Mexico Natural Gas Pipelines invests on regulated natural gas pipelines in Mexico. The Liquids Pipelines handles investments in crude oil pipeline systems. The Power and Energy Solutions segment include power generation plants and non-regulated natural gas storage facilities. The company was founded in 1951 and is headquartered in Calgary, Canada.

CALGARY, Alberta, July 11, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Thursday, Aug. 1, 2024, to discuss its second quarter financial results.

TC Energy to issue second quarter 2024 results on Aug. 1

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TC Energy Vs. MPLX: Only One Is A Strong Buy

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TC Energy (TRP) spins off its liquids pipeline business to reduce debt and focus on natural gas.

TC Energy's (TRP) Liquids Pipeline Spin-Off Creates New Player

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Preferred shares of Enbridge and other select Canadian utilities and infrastructure companies are expected to perform strongly over the next 6 to 12 months. The Bank of Canada will likely cut interest rates for the first time on June 5th or July 24th, creating an opportunity to invest in fixed dividend preferred shares that could trigger FOMO. After reset, dividends paid by preferred shares of Enbridge Inc., ENB.PR.Y:CA and ENB.PF.A:CA, will increase by 54% and 41.2%, respectively.

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CALGARY, Alberta, June 04, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is pleased to announce today that its shareholders voted to approve the spinoff of the Company's Liquids Pipelines business and elected TC Energy's Board of Directors at its 2024 annual and special meeting of shareholders.

TC Energy shareholders approve spinoff of South Bow and elect Board of Directors at the 2024 annual and special meeting

TC Energy shareholders voted in favour of spinning off the Canadian company's liquids pipeline business on Tuesday, creating a new energy infrastructure firm known as South Bow Corp whose assets include the Keystone oil pipeline.

TC Energy shareholders vote to spin off North American oil pipeline business

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CALGARY, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) strongly disagrees with the final decision issued today by the Delaware Chancery Court (the “Court”) allocating liability for earlier determined damages in an ongoing class action lawsuit related to TC Energy's 2016 acquisition of Columbia Pipeline Group Inc. ("Columbia"). The Court previously held, in a decision issued in June 2023, that the former CEO and CFO of Columbia breached their fiduciary duties to Columbia stockholders and that TC Energy aided and abetted those breaches. TC Energy believes the Court made material errors of fact and law in its decisions and will appeal the determinations to the Delaware Supreme Court.

TC Energy to appeal Delaware court rulings in lawsuit related to 2016 Columbia Pipeline acquisition

The Canada Energy Regulator (CER) on Tuesday said it had issued an order to TC Energy's NOVA Gas Transmission Ltd (NGTL) to further reduce the operating pressure for the Grande Prairie Mainline gas pipeline near Edson, Alberta.

Canada's energy regulator orders reduction in pressure on TC Energy's NGTL pipeline

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TC Energy's planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it starts up.

TC Energy's oil pipeline spin-off faces obstacles in bet on US Gulf

Warren Buffett hinted at a possible investment opportunity in Canada, sparking speculation among investors.

Why 7.5%-Yielding TC Energy Is A Compelling Investment For Value Investors?

TC Energy (TRP) expects capital expenditures and comparable EBITDA to be in the band of C$8.0-C$8.5 billion and C$11.2-C$11.5 billion, respectively, for 2024.

TC Energy (TRP) Q1 Earnings Increase Y/Y, Sales Beat Estimates

TRP reported strong Q1-2024 earnings, beating consensus estimates with adjusted EBITDA of $3.09 billion. Natural Gas segment performed exceptionally well, but the company just maintained its adjusted EBITDA guidance for the year. We examine the setup and tell you how we played it.

TC Energy: Underperformance Closes Valuation Gap With Enbridge

TC Energy Corporation (NYSE:TRP ) Q1 2024 Earnings Call Transcript May 3, 2024 8:30 AM ET Company Participants Gavin Wylie - VP, IR Francois Poirier - President & CEO Joel Hunter - EVP & CFO Sean O'Donnell - Incoming EVP & CFO Stan Chapman - EVP & COO, Natural Gas Pipelines Annesley Wallace - EVP, Strategy and Corporate Development & President, Power and Energy Solutions Bevin Wirzba - EVP & Group President, Liquids Pipelines and Coastal GasLink Conference Call Participants Ben Pham - BMO Rob Hope - Scotiabank Jeremy Tonet - JPMorgan Linda Ezergailis - TD Cowen Praneeth Satish - Wells Fargo Theresa Chen - Barclays Robert Kwan - RBC Capital Markets Robert Catellier - CIBC Capital Markets Keith Stanley - Wolfe Research John Mackay - Goldman Sachs Patrick Kenny - National Bank Financial Operator Thank you for standing by. This is the conference operator.

TC Energy Corporation (TRP) Q1 2024 Earnings Call Transcript

TC Energy (TRP) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.89 per share a year ago.

TC Energy (TRP) Q1 Earnings and Revenues Beat Estimates

Advancing clear set of strategic priorities to maximize shareholder returns Advancing clear set of strategic priorities to maximize shareholder returns

TC Energy reports strong first quarter 2024 operating and financial results

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TC Energy (TRP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TC Energy (TRP) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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TC Energy on Wednesday said it does not anticipate any service interruptions as it continues to respond to the rupture of its NGTL gas pipeline in Alberta, Canada, which caused a wildfire on Tuesday.

TC Energy does not expect service interruptions following pipeline rupture

News for TC Energy Stock (TRP)