CALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its second quarter results today. François Poirier, TC Energy's President and Chief Executive Officer commented, "During the first six months of 2024, we delivered 10 per cent yearover-year growth in comparable EBITDA1 and approximately 35 per cent growth in segmented earnings." Poirier continued, "We continued to advance multiple strategic initiatives aimed at maximizing the long-t ...

Investors interested in Alternative Energy - Other stocks are likely familiar with TC Energy (TRP) and Ormat Technologies (ORA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while o ...

This historic partnership will enable up to 72 Indigenous Communities closest to the Partnership Assets to become equity owners in the 25,000-kilometre highly integrated network of natural gas infrastructure assets spanning western Canada. Investment in these critical energy assets delivers access to long-term revenue sources that will help create meaningful change for Indigenous Communities. "Indigenous ownership is the path to a more prosperous nation. As owners, Indigenous Communities will have resources ...

"Alberta continues to lead on economic reconciliation with Indigenous Peoples. It's so exciting to see this historic investment partnership come together thanks to an unprecedented loan guarantee from the AIOC. This will create significant new long-term revenue streams for the Indigenous Communities involved. The AIOC continues to break down barriers and build bridges by supporting Indigenous ownership and inclusion in Alberta's biggest projects. Many thanks to all the partners involved for working tireless ...

Wall Street expects a year-over-year decline in earnings on lower revenues when TC Energy (TRP) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 1. On the o ...

Market Overview - The stock market is experiencing a significant rotation, with many investors surprised by the shift and its underlying causes [5][20]. - The S&P 500 has become top-heavy with tech stocks, accounting for 37% of its total value at the start of the month, leading to new risks and opportunities as the market rotates [18][19]. Company Analysis: Rexford Industrial Realty (REXR) - Rexford Industrial Realty operates in Southern California's infill markets, which are characterized by constrained supply and strong demand, benefiting from geographic and zoning challenges [12][13]. - The company reported a 21% increase in consolidated net operating income (NOI) and an 11% increase in funds from operations (FFO) per share compared to the prior year [41]. - Rexford expects its cash NOI to grow by $229 million (35%) over the next three years, driven by value-adding initiatives and rent adjustments [41]. Company Analysis: TC Energy Corporation (TRP) - TC Energy is one of the largest midstream companies globally, with a focus on regulated income and long-term contracts, providing stability in a growth-oriented industry [46][48]. - The company reported an 11% increase in EBITDA in the first quarter compared to the same quarter last year, driven by high demand and operational efficiency [49]. - TC Energy's dividend is expected to grow by 3-5% per year, having been increased for 24 consecutive years, indicating a strong commitment to shareholder returns [53]. Investment Outlook - The current market dynamics present significant opportunities for undervalued dividend growth stocks, particularly in sectors outside of technology [61]. - Both Rexford Industrial Realty and TC Energy are well-positioned to capitalize on the ongoing market rotation, with strong fundamentals and attractive yields [61].

In 2021, the Biden administration revoked a key permit for the project, effectively rejecting it. TC Energy responded to the move by suing the U.S. government for $15 million for damages under a mechanism known as the investor-state dispute settlement (ISDS), included in the North American Free Trade Agreement ("NAFTA"). TC Energy's claims were made based on the legacy rights related to NAFTA. The USMCA allowed three years of "legacy rights" for using the NAFTA dispute settlement process. The International ...

Sina Salehian/iStock via Getty Images Investment case Series 7 TRP.PR.D:CA gained 9% since early March, and the dividend increased by 52.7% market share price appreciated by around 9%, going from $17.96 to $19.56 (as of July 19th closing.) (All numbers are in C AD unless otherwise stated.) The conversion of the fixed dividend to floating dividend preferred shares did not go through. According to the company: TRP.PR.D:CA - TC Energy Corporation 1ST PFD SER 7 Summary Transcripts SEC Filing 2.63 (1.03 $4.50 Ov ...

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. TRP currently ...

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. MDT / 8:30 a.m. EDT. A live webcast of the teleconference will be available on TC Energy's website at TC Energy — Events and presentations or via the following URL: https://www.gowebcasting.com/13394. The webcast will be available for replay following ...