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.

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Canadian oil and gas pipeline company TC Energy Corp said on Tuesday it expects adjusted core earnings for 2024 to be 5% to 7% higher than 2023.

Canada's TC Energy forecasts higher adjusted core earnings in 2024

CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day today. The event will reaffirm the Company's long-standing value proposition and demonstrate that, by maximizing its business leadership positions, TC Energy and South Bow can deliver superior, long-term shareholder value.

TC Energy updates growth outlook, reinforces balance sheet discipline and highlights South Bow spinoff benefits at 2023 Investor Day

CALGARY, Alberta, Nov. 21, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 28, 2023.

TC Energy 2023 Investor Day event to be webcast

TC Energy said the US Federal Energy Regulatory Commission (FERC) has approved, with bipartisan support, the Virginia Reliability Project. The company said the project will create more than 3,500 jobs and generate over $500 million in economic output in a growing and critically important part of the state.

TC Energy gets regulatory green light for Virginia Reliability Project

The U.S. Federal Energy Regulatory Commission (FERC) approved TC Energy's Virginia Reliability Project, the company said in a statement dated Friday, adding that it will work to place it into service as soon as possible.

TC Energy receives FERC approval for Virginia Reliability Project

TC Energy (TRP) plans to allocate C$12-C$12.5 billion for capital programs in 2023, with EBITDA expected to be in the 5-7% range.

TC Energy (TRP) Q3 Earnings and Revenues Surpass Estimates

TC Energy Corporation offers a 7.4% dividend yield and has a history of 23 consecutive years of dividend increases. The company's 3Q23 performance showed a 7% YoY increase in comparable EBITDA and plans to spin off its liquids pipeline business as South Bow. TC Energy is focused on financial stability, with a target debt-to-EBITDA ratio of 4.75x by the end of 2024, and has a predominantly fixed-rate debt portfolio. TRP stock appears undervalued.

TC Energy Stock: 7.4% Dividend Yield, This Is A Fascinating Income Play

TC Energy Corporation (NYSE:TRP ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Gavin Wylie - VP, IR Francois Poirier - President and CEO Bevin Wirzba - EVP and Group President, Liquids Pipelines and Coastal GasLink Joel Hunter - EVP and CFO Annesley Wallace - EVP, Strategy and Corporate Development and President, Power and Energy Solutions Conference Call Participants Theresa Chen - Barclays Praneeth Satish - Wells Fargo Linda Ezergailis - TD Securities Rob Hope - Scotiabank Robert Kwan - RBC Capital Markets Jeremy Tonet - JPMorgan Robert Catellier - CIBC Capital Markets Ben Pham - BMO Brian Reynolds - UBS John Mackay - Goldman Sachs Operator Thank you for standing by. This is the conference operator.

TC Energy Corporation (TRP) Q3 2023 Earnings Call Transcript

Pipeline operator TC Energy on Wednesday beat third-quarter profit estimates, as it gained from transporting higher volumes of gas.

TC Energy beats third-quarter profit estimates on higher transport volumes

CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced on behalf of its Board of Directors (the Board) that John E. Lowe will be appointed as Chair of the Board, effective Jan. 1, 2024.

TC Energy appoints long-standing Board member, John E. Lowe as Chair of the Board

Comparable EBITDA now expected to be at the upper end of 2023 outlook Comparable EBITDA now expected to be at the upper end of 2023 outlook

TC Energy reports strong third quarter 2023 operating and financial results and achieves mechanical completion on Coastal GasLink ahead of target

TC Energy is an attractive investment opportunity in the energy sector, with the spinoff and reorganization offering potential for high-yield stocks. The company's fundamentals, including revenue and EBITDA growth, make it a solid dividend growth stock with a track record of consecutive increases. TC Energy's focus on natural gas, electricity, and hydrogen presents growth opportunities, and its diversification across the energy value chain reduces risk.

With A 7.5% Yield, And An Upcoming Spinoff, TC Energy Is Attractive

TC Energy (TRP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for TC Energy (TRP) This Earnings Season?

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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: Should You Buy?

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Renewable Stocks' Q3 results are set to reflect moderate installation activities backed by solid investments amid higher interest rate impacts. You may take a look at CEG, ENLT & TRP.

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Canadian pipeline operator TC Energy is exploring a multibillion-dollar asset sale plan to lower its debt and fund new investments, Bloomberg News reported on Friday, citing people familiar with the matter.

TC Energy is exploring stake sales of assets worth $10 bln - Bloomberg News

TC Energy (TRP) gains regulatory approval for GTN XPress project despite environmental concerns, signaling a significant step in the company's expansion efforts.

TC Energy's (TRP) GTN XPress Expansion Receives FERC Approval

TC Energy (TRP) preferred stocks are investment grade rated BBB- by S&P with yields that are far superior to U.S. preferred stocks of similar quality. TRP-E (TRP.PR.E) and TRP-D (TRP.PR.E) are reset-rate preferred stocks that are set to have their yields take a huge jump in 2024 when the dividend is reset. At the current Canadian government's 5 year note yield of 4.25%, TRP-E and TRP-D will reset to yields of 12.06% and 11.06% respectively with yields locked in for 5 years.

TC Energy Preferred Stocks: Better Than Any U.S. Preferred Stocks

The United States Federal Energy Regulatory Commission (FERC) on Thursday approved the expansion of TC Energy's Gas Transmission Northwest (GTN), known as the GTN Xpress Project, despite opposition to the project from environmental groups and government officials. The project will expand the capacity of the GTN pipeline, which runs through Idaho, Washington, and Oregon, by about 150 million cubic feet of natural gas per day.

US regulator approves TC Energy's gas pipeline expansion in Pacific Northwest

CALGARY, Alberta, Oct. 18, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Wednesday, Nov. 8, 2023, to discuss its third quarter financial results, which will be released pre-market.

TC Energy to issue 2023 third quarter results on Nov. 8

CALGARY, Alberta, Oct. 12, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is pleased to announce that distinguished industry leader Hal Kvisle has agreed to be appointed as Chair of the new Liquids Pipelines Company's Board of Directors. Today's announcement follows the July 27, 2023 disclosure that TC Energy plans to separate into two independent, investment-grade, publicly listed companies through the spinoff of its Liquids Pipelines business (the Transaction or the spinoff).

Distinguished industry leader, Hal Kvisle, named as Board Chair of new Liquids Pipelines Company

TC Energy's (TRP) Keystone crude oil pipeline is back at 50% capacity, after being halted for maintenance work.

TC Energy's (TRP) Keystone Pipeline Restarts at 50% Capacity

News for TC Energy Stock (TRP)