TC Energy(TRP)

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TRP Revises Plan to Sale NGTL System Stake to Indigenous Communities
ZACKS· 2024-11-21 12:26
TC Energy Corporation (TRP) , one of Canada’s leading energy infrastructure companies, recently announced that its plan to sell a stake in its Western Canadian gas pipeline system to Indigenous communities may not unfold as originally designed. This deal, which was set to be the largest Indigenous equity transaction in the history of Canada, has faced unforeseen delays and complications, potentially jeopardizing its completion. Background of the Proposed TRP DealTC Energy’s original plan was to sell an inte ...
TC Energy Forecasts Growth With C$1.5B Projects and Higher 2025 EBITDA
ZACKS· 2024-11-20 13:01
TC Energy Corporation (TRP) , a leading energy infrastructure company in North America, recently announced its guidance for fiscal 2025. The company estimates a comparable EBITDA in the range of C$10.7 billion to C$10.9 billion (approximately $7.63 billion to $7.78 billion), indicating an increase over its 2024 outlook.This positive estimate implies the rising demand for natural gas and electrification, alongside the company’s strategic investments in key growth projects. The announcement came during TC Ene ...
TC Energy's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2024-11-13 13:16
TC Energy Corporation (TRP) reported third-quarter 2024 adjusted earnings of 76 cents per share, which beat the Zacks Consensus Estimate of 70 cents. The bottom line slightly increased from 75 cents reported in the year-ago period. This better-than-expected performance was driven by robust results from the company's Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines and Power and Energy Solutions segments.This North America’s energy infrastructure pr ...
TC Energy 2024 Investor Day event to be webcast
GlobeNewswire News Room· 2024-11-12 22:00
CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 19, 2024. Members of TC Energy’s senior leadership team will demonstrate the Company’s 2025 strategic priorities, long-term strategic outlook and growth objectives. The event will be webcast (video) beginning at 8 a.m. EST (6 a.m. MST). Interested parties may view the webcast available on TC Energy’s website at Investor Day 2024 (tcenergy.co ...
TC Energy (TRP) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 15:55
TC Energy (TRP) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.57%. A quarter ago, it was expected that this energy infrastructure company would post earnings of $0.65 per share when it actually produced earnings of $0.69, delivering a surprise of 6.15%.Over the last four quarters, ...
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 ...