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, Sept. 10, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is providing an update on its previously announced equity interest purchase transaction with an Indigenous-owned investment partnership (the Purchaser), which was formed to acquire a minority equity interest in the NGTL System and the Foothills Pipeline assets.

Equity Interest Purchase Agreement Update

CALGARY, Alberta, Sept. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced the setting of the distribution record date of Sept. 25, 2024 for the previously announced spinoff of TC Energy's Liquids Pipelines business into South Bow Corporation (South Bow), by way of a plan of arrangement (the Arrangement). Pursuant to the Arrangement, TC Energy shareholders will retain their interest in TC Energy and receive a pro rata interest in South Bow, as further described in the management information circular of TC Energy dated April 10, 2024.

Record date is determined for South Bow spinoff

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TC Energy is a high-yield dividend aristocrat with a 6.3% yield, showcasing dependable growth and low risk, ideal for conservative income investors. The company operates a vast midstream infrastructure, supplying 30% of North America's natural gas, and plans to focus on natural gas and electric utilities. With a strong commitment to dividend growth and a robust financial strategy, TC Energy offers long-term returns of 12.5% to 13.3%.

TC Energy: Buy This 6.3% Yielding Dividend Aristocrat Before Everyone Else Does

CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that South Bow Corporation (South Bow) has closed a notes offering of approximately $7.9 billion Canadian-dollar equivalent in aggregate principal amount (the Notes Offering) related to the spinoff of TC Energy's Liquids Pipelines business (the spinoff Transaction). Establishing the independent, investment-grade debt capital structure was met with strong market interest and is one of the final milestones required to consummate the spinoff Transaction, which remains on track to close early in the fourth quarter of 2024. The Notes Offering is comprised of:

TC Energy announces South Bow's closing of $7.9 billion Notes Offering for Liquids Pipelines spinoff

TC Energy Corporation registered yet another quarter of solid EBITDA growth. Yet, the level of growth was not the key driver behind the recent surge in the stock price. Instead, more important drivers were the large chunk of previously committed CapEx project coming online and a communicated path of an incremental CapEx reduction going forward. In this article, I elaborate on why I have decided to upgrade my rating to buy after the circulated Q2, 2024 earnings deck.

TC Energy: Growth Focused MLP With Signs Of Becoming A Stable Cash Cow

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Drop Cisco Stock And Pick TC Energy And AerCap For Higher Gains?

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TC Energy (TRP) states that the sale of the Portland Natural Gas Transmission System is part of its commitment to deliver $3 billion in asset divestitures.

TC Energy (TRP) Concludes Sale of Natural Gas Assets Worth $1B

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CALGARY, Alberta, Aug. 15, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P. (Énergir), today announced the successful completion of the sale of Portland Natural Gas Transmission System (PNGTS). The gross purchase price of US$1.14 billion includes US$250 million of outstanding Senior Notes held at PNGTS and consolidated on TC Energy's balance sheet, assumed by the buyers.

TC Energy completes the sale of Portland Natural Gas Transmission System

The midstream sector, especially TC Energy, has gained prominence for income investors due to its stable, volume-based revenue streams. TRP benefits from a robust North American infrastructure and growth in natural gas demand, supported by strategic divestitures and new investments. With a 6% dividend yield and improving financials, TRP offers strong income potential. However, currency risks and modest dividend growth may be concerns.

TC Energy: Get Paid 6.4% To Own Low-Risk Mission-Critical Pipelines

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) announced today that Tina Faraca was elected a director of UGI Corporation, effective August 7, 2024. Ms. Faraca is the Executive Vice President and President, U.S. Natural Gas Pipelines, for TC Energy Corporation (TSX, NYSE: TRP), a North American energy infrastructure company that safely moves, generates and stores energy, and she is responsible for leading commercial and operational matters across TC Energy's regulated natural g.

UGI Corporation Elects Tina Faraca to its Board of Directors

TC Energy (TRP) anticipates its 2024 comparable EBITDA to be between C$11.2 billion and C$11.5 billion, and net capital expenditures in the range of C$8-C$8.5 billion.

TC Energy (TRP) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

TC Energy's (TRP) historic partnership with the Indigenous Communities should enable the latter to gain access to long-term revenue sources, creating a positive change for the communities.

TC Energy (TRP) Partners With Indigenous Communities in Canada

TC Energy Corporation (NYSE:TRP ) Q2 2024 Earnings Conference Call Aug 0, 2024 8:30 AM ET Company Participants Gavin Wylie - Vice President of Investor Relations Francois Poirier - CEO, President & Director Sean O'Donnell - Executive VP & CFO Stan Chapman - Executive VP & COO of Natural Gas Pipelines Annesley Wallace - Executive VP of Strategy, Corporate Development and President of Power & Energy Solutions Conference Call Participants Praneeth Satish - Wells Fargo Theresa Chen - Barclays Ben Pham - BMO Robert Kwan - RBC Capital Markets Vrathan Reddy - JPMorgan Keith Stanley - Wolfe Research Robert Catellier - CIBC Capital Markets John Mackay - Goldman Sachs Zack Everen - TPH Patrick Kenny - National Bank Financial Operator Thank you for standing by. This is the conference operator.

TC Energy Corporation (TRP) Q2 2024 Earnings Call Transcript

TC Energy (TRP) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.71 per share a year ago.

TC Energy (TRP) Beats Q2 Earnings and Revenue Estimates

Pipeline operator TC Energy beat second-quarter profit estimates on Thursday, helped by strength in its natural gas pipelines.

TC Energy beats second-quarter profit estimates

Southeast Gateway pipeline project achieves over 98 per cent offshore pipeline installation Southeast Gateway pipeline project achieves over 98 per cent offshore pipeline installation

TC Energy reports strong second quarter 2024 operating and financial results

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TC Energy on Tuesday announced the sale of a minority stake in its Nova Gas Transmission System for C$1 billion ($722.13 million) to certain indigenous Canadian communities as part of a plan to reduce its debt and fund investments.

TC Energy to sell pipeline stake to certain indigenous communities for $722 mln

Made possible by the Alberta Indigenous Opportunities Corporation, the partnership enables Indigenous Communities to own part of Canada's largest natural gas pipeline network, while creating shareholder value and progressing TC Energy's strategic priorities Made possible by the Alberta Indigenous Opportunities Corporation, the partnership enables Indigenous Communities to own part of Canada's largest natural gas pipeline network, while creating shareholder value and progressing TC Energy's strategic priorities

TC Energy announces Canada's largest Indigenous equity ownership agreement

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TC Energy (TRP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate TC Energy (TRP) to Report a Decline in Earnings: What to Look Out for

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