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TC Energy Corporation - TRP STOCK NEWS

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.

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TC Energy and partner to sell Portland Natural Gas Transmission System for $1.14 billion, generating $740 million cash proceeds. The transaction supports TC Energy's 2024 strategic priorities of asset divestitures and debt reduction.
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TC Energy Corporation (TRP) files Audited Financial Statements for 2023 and Annual Information Form, available for shareholders. The documents are accessible online and via the Company's website.
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TC Energy Corporation (TRP) declares quarterly dividends for common and preferred shares, with an emphasis on tax benefits for Canadian residents.
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TC Energy Corporation (TRP) announces a 3.2% dividend increase for the twenty-fourth consecutive year, along with strong financial results for the fourth quarter of 2023. The company delivered record operational performance and financial results, with notable growth in comparable EBITDA and earnings per common share. TC Energy also reaffirmed its 2024 outlook, expecting continued growth in EBITDA and earnings per common share, while focusing on maximizing asset value and enhancing balance sheet strength.
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TC Energy Corporation (TRP) will hold a teleconference and webcast on Feb. 16, 2024, to discuss its fourth quarter financial results. François Poirier, President and CEO, and Joel Hunter, CFO, will lead the discussion. The call will be available for replay, and participants can pre-register to bypass the operator and avoid the queue.
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TC Energy Corporation (TRP) to advance Ontario Pumped Storage Project with Saugeen Ojibway Nation and Government of Ontario. The Project aims to support Ontario's long-term plans for clean economic growth and create 1,000 well-paid unionized jobs.
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TC Energy Corporation (TRP) expects a ~8% increase in 2023 comparable EBITDA over 2022, with a 5-7% growth outlook for 2024. The company is on track to achieve a 4.75x debt-to-EBITDA upper limit by the end of 2024. The spinoff of South Bow is anticipated to maximize the value of the Liquids Pipelines business.
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TC Energy Corporation (TRP) to host annual Investor Day on Nov. 28, 2023, providing updates on operations, developments, and strategic outlook. Webcast available on company website.
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TC Energy Corporation (TRP) Declares $0.93 Quarterly Dividend, Announces Dividends on Preferred Shares. Dividends Designated as Eligible for Tax Credit. DRP Available for Common and Preferred Shares.
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TC Energy Corporation (TRP) announced the appointment of John E. Lowe as the new Chair of the Board, effective Jan. 1, 2024, following the resignation of Siim A. Vanaselja. Lowe, a member of the Board since 2015, will take on an expanded role, focusing on project execution excellence, balance sheet strengthening, and asset value maximization. Vanaselja will continue to serve as a valued member of the Board to ensure an orderly succession.
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FAQ

What is the current stock price of TC Energy Corporation (TRP)?

The current stock price of TC Energy Corporation (TRP) is $49.85 as of November 22, 2024.

What is the market cap of TC Energy Corporation (TRP)?

The market cap of TC Energy Corporation (TRP) is approximately 51.8B.

What is TC Energy Corporation?

TC Energy Corporation is a leading energy infrastructure company operating natural gas, oil, and power generation assets in North America.

What are the primary business segments of TC Energy?

TC Energy operates in three primary business segments: natural gas pipelines, liquid pipelines, and energy.

How extensive is TC Energy's infrastructure?

TC Energy operates over 60,000 miles of oil and gas pipelines and has more than 650 billion cubic feet of natural gas storage capacity.

What recent corporate actions has TC Energy taken?

TC Energy announced a plan to spin off its Liquids Pipelines business into an independent company named South Bow Corporation.

How does TC Energy engage with stakeholders?

TC Energy takes a proactive, open, and collaborative approach, ensuring balanced consideration of safety, society, the environment, and economics.

What is the financial performance of TC Energy like?

TC Energy has consistently increased its common share dividends for 24 consecutive years and actively reports its financial results to stakeholders.

Where can I find more information about TC Energy’s financial results?

Financial results and updates are available on the TC Energy website, with webcasts and detailed reports accessible to the public.

How does TC Energy contribute to environmental sustainability?

TC Energy is dedicated to sustainable operations, focusing on energy conservation, efficiency, and reducing emissions from its assets.

Where are TC Energy shares traded?

TC Energy’s common shares are traded on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP.

How can stakeholders participate in TC Energy’s upcoming meetings?

Details on participating in annual and special meetings, including virtual formats, are available on the TC Energy website.

TC Energy Corporation

NYSE:TRP

TRP Rankings

TRP Stock Data

51.83B
1.04B
0.04%
79.13%
1.01%
Oil & Gas Midstream
Energy
Link
United States of America
Calgary