STOCK TITAN

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.

Rhea-AI Summary
TC Energy Corporation (TRP) Expects Comparable EBITDA at Upper End of 2023 Outlook, Achieves Mechanical Completion of Coastal GasLink and Strengthens Balance Sheet with Asset Sale Proceeds
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
-
Rhea-AI Summary
TC Energy Corporation to discuss third quarter financial results in teleconference and webcast
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
-
Rhea-AI Summary
TC Energy appoints Hal Kvisle as Chair of new Liquids Pipelines Company's Board of Directors
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
none
Rhea-AI Summary
TC Energy completes sale of 40% equity interest in Columbia Gas and Columbia Gulf systems to Global Infrastructure Partners for $5.3 billion
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
Tags
none
-
Rhea-AI Summary
TC Energy announces successful commercial operation of Unit 6 in Bruce Power's Major Component Replacement program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhea-AI Summary
TC Energy Corporation (TSX, NYSE: TRP) announced a quarterly dividend of $0.93 per common share for the quarter ending Sept. 30, 2023. Dividends were also declared for the outstanding Cumulative First Preferred Shares. The dividends are designated as eligible dividends for tax purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.53%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.53%
Tags
none
-
Rhea-AI Summary
TC Energy Corporation has entered into an agreement to monetize a 40% interest in its Columbia Gas Transmission and Columbia Gulf Transmission systems. The transaction is expected to generate $5.2 billion in cash, with Global Infrastructure Partners (GIP) becoming a joint venture partner. GIP will fund its 40% share of gross capital expenditures, which are expected to average over $1.3 billion annually over the next three years. TC Energy will continue to operate the systems and focus on maximizing value through safe operations and reliability of service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.25%
Tags
partnership
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.79%
Tags

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