Welcome to our dedicated page for TC Energy Corporation news (Ticker: TRP), a resource for investors and traders seeking the latest updates and insights on TC Energy Corporation stock.
TC Energy Corporation (TRP) is a leading energy infrastructure company headquartered in Calgary, Alberta, Canada. With a robust portfolio of natural gas, oil, and power generation assets across North America, TC Energy plays a pivotal role in safely delivering the energy that powers homes, businesses, and industries. The company operates more than 60,000 miles of oil and gas pipelines and has over 650 billion cubic feet of natural gas storage capacity. Additionally, it boasts around 4,300 megawatts of electric power generation capacity.
For over 60 years, TC Energy has committed to sustainable operations, focusing on safety, environmental stewardship, and economic efficiency. This dedication is evident in their proactive approach to addressing global energy demands and driving innovation in energy conservation and efficiency. The company's operations are divided into three primary business segments: natural gas pipelines, liquid pipelines, and energy.
TC Energy is not only significant for its extensive infrastructure but also for its collaborative engagement with stakeholders, ensuring a balanced consideration of societal, environmental, and economic factors in its operations. Recently, the company announced a plan to spin off its Liquids Pipelines business, forming a new entity named South Bow Corporation, which will focus on independent, investment-grade opportunities.
On the financial front, TC Energy continues to deliver solid performance, evidenced by its recent increase in common share dividends for the twenty-fourth consecutive year. Moreover, the company’s management team actively engages with the investment community and stakeholders through regular updates and transparent reporting. Notably, TC Energy's first quarter 2024 financial results will be discussed in an upcoming webcast, showcasing the company's ongoing developments and financial health.
As TC Energy forges ahead, it remains committed to advancing strategic priorities aimed at maximizing shareholder returns and creating long-term value for communities. The company’s common shares are traded on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. For more information, visit TC Energy.
TC Energy Corporation (TRP) announced plans for TransCanada Trust to consider an offering of subordinated trust notes, potentially to redeem outstanding Cumulative Redeemable Minimum Rate Reset First Preferred Shares, Series 15. Proceeds will also reduce short-term debt and fund general corporate purposes. There is uncertainty regarding the offering’s completion and terms. The notes are not registered under U.S. securities laws and cannot be sold to U.S. persons. The company emphasizes its commitment to energy delivery across North America.
On February 15, 2022, TC Energy Corporation (TRP) filed its audited Consolidated Financial Statements for the year ended December 31, 2021, along with related Management’s Discussion and Analysis and its Annual Information Form. Additionally, the company submitted its Form 40-F to the U.S. Securities and Exchange Commission. The documents are accessible on SEDAR and SEC websites, as well as TC Energy's investor section. Shareholders can request a free paper copy of the financial statements. TC Energy emphasizes its commitment to delivering energy reliably and sustainably across North America.
TC Energy Corporation (TSX, NYSE: TRP) announced a quarterly dividend of $0.90 per common share for the quarter ending Mar. 31, 2022, payable on Apr. 29, 2022. Additionally, the company declared dividends on its Cumulative First Preferred Shares, with amounts ranging from $0.08685616 to $0.243938 per share, payable on various dates in 2022. These dividends are eligible for enhanced dividend tax credits for Canadian residents, reflecting TC Energy's commitment to providing shareholder value.
TC Energy Corporation (TRP) announced its fourth-quarter 2021 earnings, reporting net income of $1.1 billion or $1.14 per share, down from $1.20 per share in 2020. Full-year net income also decreased to $1.8 billion or $1.87 per share, compared to $4.5 billion or $4.74 per share in 2020. Despite this, the company declared a quarterly dividend of $0.90 per share, marking a 3.4% increase and the twenty-second consecutive year of dividend growth. TC Energy is advancing $24 billion in secured projects, aiming for 5% annual EBITDA growth through 2026, supported by strong demand and operational excellence.
TC Energy Corporation (NYSE: TRP) will hold a teleconference on February 15, 2022, at 2 p.m. MST to discuss its fourth quarter financial results, which will be released before the market opens. CEO François Poirier and CFO Joel Hunter will present key developments and financial metrics. Interested parties can join via phone or live webcast. A replay will be available after the call until February 22, 2022. TC Energy emphasizes its role in providing energy sustainably across North America, supported by a reliable network of pipelines and power facilities.
TC Energy Corporation (TRP) announced quarterly dividends on its Series 11 and 15 Cumulative First Preferred Shares. Shareholders of record by January 31, 2022, will receive $0.2094375 per share for Series 11 and $0.30625 per share for Series 15, payable on February 28, 2022. These dividends are eligible under the Income Tax Act (Canada), providing enhanced tax credits for Canadian residents. The Dividend Reinvestment Plan allows the purchase of common shares at the weighted average price on the Toronto Stock Exchange.
TC Energy Corporation (TRP) announced a $29 billion secured capital program funded primarily by operational cash flow. The company aims for 5% average annual EBITDA growth through 2026, alongside a 3-5% annual common share dividend increase. With a portfolio valued at $100 billion, TC Energy focuses on expanding its infrastructure across North America, emphasizing sustainability and low-carbon projects. Upcoming investor events highlight their strategic direction and ongoing commitment to meeting energy demands while addressing environmental concerns.
TC Energy Corporation (TRP) will host a virtual Investor Day on December 1, 2021, from 7:30 a.m. to 11:30 a.m. MST. The senior executive team will discuss recent developments and the company's strategic outlook. A live webcast will be available on TC Energy's website, with presentation materials published on the day of the event. This event aims to enhance transparency for investors and provide insights into TC Energy's operational strategies. Investors can access the webcast replay after the event.
Hyzon Motors and TC Energy have entered an agreement to develop and operate hydrogen production hubs across North America, targeting low-to-negative carbon intensity hydrogen for fuel cell vehicles. Each hub aims to produce up to 20 tonnes of hydrogen daily, positioned near market demand. TC Energy will handle operation, power supply, and development services. This partnership is expected to streamline hydrogen infrastructure deployment, enhance clean mobility, and support a transition to sustainable energy solutions.
Hyzon Motors (NASDAQ: HYZN) and TC Energy (NYSE: TRP) have announced a strategic collaboration to develop hydrogen production facilities across North America. This partnership aims to create low-to-negative carbon intensity hydrogen to meet the demand from fuel cell electric vehicles. The hubs will support Hyzon's back-to-base vehicle deployments, with a target production of up to 20 tonnes of hydrogen per hub daily. This partnership is positioned to enhance sustainable energy solutions in North America and capitalize on existing natural gas infrastructure.
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