CALGARY, Alberta, Jan. 23, 2026 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy or the Company) today announced that 109,800 of its 12,070,593 fixed rate Cumulative Redeemable First Preferred Shares, Series 5 (Series 5 Shares) have been elected for conversion on Jan. 30, 2026 (the Conversion Date), on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 6 (Series 6 Shares); and 1,089,726 of its 1,929,407 Series 6 Shares have be ...

CALGARY, Alberta, Jan. 22, 2026 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, Feb. 13, 2026, to discuss its fourth quarter financial results. François Poirier, TC Energy President and Chief Executive Officer, Sean O’Donnell, Executive Vice-President and Chief Financial Officer, and other members of the executive leadership team will discuss the financial results and Company developments at 6:30 a.m. MT / ...

Core Viewpoint - TC Energy Corporation will not redeem its Cumulative Redeemable First Preferred Shares, Series 5 and Series 6 on January 30, 2026, allowing shareholders to choose between retaining their shares or converting them to the other series with different dividend rates [1][2][3]. Summary by Category Dividend Rates - Holders of Series 5 Shares can retain their shares to receive a fixed annual dividend rate of 4.501% for the five-year period from January 30, 2026, to January 30, 2031 [2]. - Holders of Series 6 Shares can retain their shares to receive a floating quarterly dividend rate of 3.732% for the three-month period from January 30, 2026, to April 30, 2026, with the rate reset every quarter [3]. Conversion Options - Series 5 Shareholders can convert their shares to Series 6 Shares and receive the floating quarterly dividend rate of 3.732% [2][7]. - Series 6 Shareholders can convert their shares to Series 5 Shares and receive the fixed quarterly dividend rate of 4.501% [3][7]. Conversion Deadline - Beneficial owners must communicate with their broker to exercise their conversion rights by 5 p.m. ET on January 16, 2026, to ensure their requests are valid [4]. - Those who do not provide notice by the deadline will retain their respective shares and receive the applicable new dividend rate [5]. Automatic Conversions - If TC Energy determines that there would be less than one million Series 5 Shares or Series 6 Shares outstanding after January 30, 2026, all remaining shares will be automatically converted into the other series on a one-for-one basis [6]. Future Conversion Opportunities - Holders of Series 5 and Series 6 Shares will have the opportunity to convert their shares again on January 30, 2031, and every fifth year thereafter as long as the shares remain outstanding [8]. Company Overview - TC Energy is a leader in North American energy infrastructure, connecting the world to cleaner-burning natural gas and generating affordable, reliable, and sustainable power across North America [9][10].

Core Viewpoint - TC Energy Corporation has experienced significant changes in options trading and institutional investments, alongside a recent earnings report and dividend increase, indicating a dynamic market environment for the company [2][3][4]. Group 1: Options Trading and Institutional Investments - On Wednesday, TC Energy saw unusual options trading with 16,157 put options purchased, marking an increase of approximately 1,446% compared to the average volume of 1,045 put options [2]. - Goldman Sachs Group Inc. raised its holdings in TC Energy by 2,565.1% in Q1, now owning 16,306,187 shares valued at $769.82 million after acquiring an additional 15,694,336 shares [2]. - Norges Bank acquired a new position in TC Energy valued at $493.43 million in Q2 [2]. - American Century Companies Inc. boosted its position by 514.5% in Q3, now holding 6,491,799 shares worth $352.98 million after acquiring an additional 5,435,310 shares [2]. - Canada Pension Plan Investment Board increased its holdings by 34.2% in Q1, now owning 19,808,558 shares valued at $935.63 million [2]. - Public Sector Pension Investment Board raised its position by 2,573.3% in Q2, now owning 2,680,572 shares worth $130.60 million [2]. - Institutional investors currently own 83.13% of TC Energy's stock [2]. Group 2: Financial Performance - TC Energy reported earnings of $0.56 per share for the quarter, meeting consensus estimates, with revenue of $1.86 billion, below analysts' expectations of $2.63 billion [3]. - The company had a net margin of 23.86% and a return on equity of 10.61% [3]. - The previous year's earnings per share for the same quarter were $1.03 [3]. Group 3: Dividend Information - TC Energy declared a quarterly dividend of $0.85, an increase from the previous $0.61, representing an annualized dividend of $3.40 and a dividend yield of 6.1% [4]. - The payout ratio is currently at 106.47% [4]. Group 4: Analyst Ratings and Forecasts - Wall Street analysts have varied opinions on TC Energy, with ratings ranging from "sell" to "strong-buy" [5]. - The stock has a consensus rating of "Moderate Buy" and a price target of $84.00 according to MarketBeat.com [5].

Core Insights - Kayne Anderson Energy Infrastructure Fund, Inc. reported its net assets as of November 30, 2025, totaling $2.3 billion, with a net asset value per share of $13.79 [2][5] - The company's asset coverage ratio for senior securities representing indebtedness was 695%, while the total leverage asset coverage ratio was 508% [2][5] - The fund's total assets amounted to $3.22 billion, with long-term investments primarily in Midstream Energy Companies (95%) [3][5] Financial Summary - Total assets: $3,222.4 million, including investments of $3,217.2 million and cash equivalents of $1.6 million [3] - Total liabilities: $321.9 million, with total leverage at $567.5 million, which includes a credit facility of $18 million and notes of $400 million [3] - Net assets were reported as $2,333.0 million [3] Investment Focus - The company focuses on investing at least 80% of its total assets in securities of Energy Infrastructure Companies, aiming for high after-tax total returns with an emphasis on cash distributions to stockholders [7] - The top ten holdings are predominantly in Midstream Energy Companies, with the largest being The Williams Companies, Inc. at $343 million, representing 10.7% of long-term investments [5]

Group 1: Canadian Energy Sector Overview - The Canadian energy sector, particularly oil and gas stocks, has reached a new all-time high, including dividends, reflecting strong performance [2][4] - The investment thesis for Canadian oil and gas stocks has proven successful, with the index (XEG-T) increasing by 410% since October 2020, as companies have heavily invested in their projects and are well-positioned for lower price environments [4][8] - Canadian pipeline companies are also increasing their volumes, with TC Energy and Enbridge being highlighted as strong performers in the sector [6][8] Group 2: Key Companies in the Sector - Major companies such as Canadian Natural Resources (CNQ), Imperial Oil (IMO), Suncor Energy (SU), and Tourmaline Oil (TOU) are favored investments, with many accounts holding these stocks [5] - Fortis Inc. reported net earnings of CAD 409 million for Q3 2025 and increased its dividend by 4.1%, with a capital plan of CAD 28.8 billion for 2026-2030 [17] - Brookfield Infrastructure Partners operates in various sectors, including utilities, and has a valuation that is 7.9% higher than its current price [19] Group 3: Performance and Future Outlook - The performance of Canadian energy holdings is beneficial for Canadian investors and indices, with materials being a significant driver of stock outperformance compared to the U.S. [8][12] - Analysts have noted the durability of earnings in Canadian regulated utilities, with companies like Fortis and Hydro One showing strong growth trajectories [11][12] - The long-term outlook for the utility sector suggests a reliable total return in the high-single to low-double digits, driven by sustainable dividend growth [12]

Group 1 - The article discusses the investment strategy of focusing on high-quality dividend growth ideas to build stable and long-term wealth for investors [2][3] - It highlights the importance of closed-end funds, dividend growth stocks, and option writing as methods to generate income [3] - The leader of the Cash Builder Opportunities group has 14 years of investing experience and shares model portfolios and research to assist investors in making informed decisions [3] Group 2 - The article mentions a specific investment in TC Energy (TRP), which has seen a significant rally in its share price [3] - The Cash Builder Opportunities service aims to provide ideas for writing options to further enhance investors' income [2] - The focus is on investments that are leaders within their industry, ensuring stability and growth potential [2]

Group 1 - The article discusses the investment strategy of focusing on high-quality dividend growth ideas to build stable and growing income for investors [2][3] - It highlights the importance of investing in industry leaders to ensure stability and long-term wealth creation [2] - The leader of the Cash Builder Opportunities group emphasizes the use of covered calls and option writing as methods to enhance income from investments [3] Group 2 - The article mentions that the leader of Cash Builder Opportunities has 14 years of investing experience and focuses on closed-end funds, dividend growth stocks, and option writing [3] - It indicates that the group provides model portfolios and research to assist investors in making informed decisions [3]

Group 1 - The article discusses the activities of an investment group led by Denislav Iliev, who has over 15 years of experience in day trading and manages a team of 40 analysts [2] - The group focuses on identifying mispriced investments in fixed-income and closed-end funds, utilizing straightforward financial logic [2] - Features of the investment service include frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [2]

Core Insights - The article discusses the activities of an active investment group led by Denislav Iliev, focusing on identifying mispriced investments in fixed-income and closed-end funds [2] Group 1: Company Overview - Denislav Iliev has over 15 years of experience in day trading and leads a team of 40 analysts [2] - The investment group, Trade With Beta, offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, and hedging strategies [2] Group 2: Services Offered - The service includes an actively managed portfolio and a chat room for discussions among sophisticated traders and investors [2] - Active investors are invited to join on a free trial to engage with the community and ask questions [1]