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TC Energy(TRP) - 2024 Q3 - Quarterly Report
2024-11-07 13:42
EXHIBIT 13.2 See accompanying Notes to the Condensed consolidated financial statements. Condensed consolidated statement of income | --- | --- | --- | --- | --- | |----------------------------------------------------------------|-------------------------------------|-----------|-------------------------------------|-----------| | (unaudited - millions of Canadian $, except per share amounts) | three months ended September \n2024 | 30 \n2023 | nine months ended September \n2024 | 30 \n2023 | | Revenues | | | ...
TC Energy appoints two new independent directors
GlobeNewswire News Room· 2024-11-07 11:40
Core Points - TC Energy Corporation has appointed two new independent directors, Scott Bonham and Dawn Madahbee Leach, to its Board of Directors [1] - The appointments are expected to enhance the governance and strategic vision of TC Energy [4] Summary by Relevant Sections New Appointments - Scott Bonham has extensive governance, finance, and leadership experience, particularly in the technology sector, and has served on multiple boards including Loblaw Companies Limited and the Bank of Nova Scotia [2] - Dawn Madahbee Leach has significant experience in Indigenous relations and business strategy, currently serving as General Manager of the Waubetek Business Corporation and Chairperson of the National Indigenous Economic Development Board [3] Company Overview - TC Energy is a team of over 7,000 energy professionals focused on safely moving, generating, and storing energy in North America [4] - The company is committed to addressing energy challenges, including delivering natural gas to global markets and reducing emissions [4] - TC Energy's common shares are traded on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP [5]
TC Energy reports solid third quarter 2024 operating and financial results
GlobeNewswire News Room· 2024-11-07 11:30
Southeast Gateway makes significant progress toward completion with estimated capital expenditures11 per cent lower to US$3.9 to US$4.1 billionOverall net capital expenditure outlook for 2024 revised eight per cent lower to $7.4 to $7.7 billion reflecting project execution and optimization CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its third quarter results today. François Poirier, TC Energy’s President and Chief Executive O ...
TC Energy (TRP) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
ZACKS· 2024-10-31 15:06
The market expects TC Energy (TRP) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 7, 2024, might help the stock move higher if these key numbers are ...
TC Energy lists Series 10 Preferred Shares
GlobeNewswire News Room· 2024-10-30 11:30
CALGARY, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that 1,297,203 of its 18,000,000 fixed rate Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) were tendered for conversion today, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 10 (Series 10 Shares). As a result of the conversion, TC Energy has 16,702,797 Series 9 Shares and 1,297,203 Serie ...
TC Energy provides results of Series 9 Shares conversion elections
GlobeNewswire News Room· 2024-10-23 11:30
CALGARY, Alberta, Oct. 23, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that 1,297,203 of its 18,000,000 fixed rate Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) have been elected for conversion on a one-for-one basis into floating rate Cumulative Redeemable First Preferred Shares, Series 10 (Series 10 Shares) effective on Oct. 30, 2024. As a result, on Oct. 30, 2024, TC Energy will have 16,702,797 Series ...
Will TC Energy (TRP) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-10 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? TC Energy (TRP) , which belongs to the Zacks Alternative Energy - Other industry, could be a great candidate to consider. When looking at the last two reports, this energy infrastructure company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 8.50%, on average, in the last two quarters. For the most re ...
TC Energy announces pricing of cash tender offers for certain Canadian-dollar denominated debt securities
GlobeNewswire News Room· 2024-10-09 16:37
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES (SEE "OFFER AND DISTRIBUTION RESTRICTIONS" BELOW). CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) ("TC Energy") today announced that TransCanada PipeLines Limited (the "Company"), a wholly-owned subsidiary of TC Energy, has released the pricing terms of its previously announced separate offers (the "Offers") to purchase for cash up to C$575,000,000 in aggregate principal amount o ...
TC Energy announces upsizing and results of its cash tender offers
GlobeNewswire News Room· 2024-10-09 11:30
CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) ("TC Energy") today announced that TransCanada PipeLines Limited (the "Company"), a wholly-owned subsidiary of TC Energy, has released (i) the results of its previously announced seven separate offers (the "Offers") to purchase for cash the outstanding notes of the series listed in the table below (collectively, the "Notes") and (ii) that it has amended the Offers by increasing the Maximum Purchase Amou ...
TC Energy announces expiration and upsizing of cash tender offers for certain Canadian-dollar denominated debt securities
GlobeNewswire News Room· 2024-10-09 11:30
Core Points - TC Energy Corporation announced the expiration of its separate offers to purchase up to C$350,000,000 of its outstanding notes, which has now been increased to C$575,000,000 [1][2][3] Offer Details - The Offers were made under the terms set forth in the Offer to Purchase dated October 1, 2024 [2] - A total of C$1,199,486,000 in aggregate principal amount of the Notes were validly tendered prior to the expiration date [3] - The Company expects to accept C$575,000,000 of the 4.180% Senior Notes due 2048 on a pro rata basis, while not expecting to accept any of the 3.390% Senior Notes due 2028 [6] Pricing and Settlement - Pricing for the 2048 Notes is expected to occur at 10 a.m. on October 9, 2024, with the final acceptance amount and total consideration to be announced thereafter [7] - The settlement date for the 2048 Notes is expected to be October 15, 2024, with an accrued coupon payment to be made [9] Additional Information - The Offers are subject to certain conditions, and the Company reserves the right to waive any conditions [10] - Deutsche Bank, J.P. Morgan, Morgan Stanley, and RBC are acting as dealer managers for the Offers [11]