TC Energy(TRP)
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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]
TC Energy announces pricing of cash tender offers
GlobeNewswire News Room· 2024-10-08 20:02
CALGARY, Alberta, Oct. 08, 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 US$1,750,000,000 aggregate principal amount of its outstanding notes of the series listed in the table below (collectively, the "Notes"). _____________ The Offers are ...
TC Energy provides conversion right and dividend rate notice for Series 9 and 10 preferred shares
GlobeNewswire News Room· 2024-10-01 21:00
CALGARY, Alberta, Oct. 01, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) on Oct. 30, 2024. As a result, subject to certain conditions, the holders of Series 9 Shares have the right to choose one of the following options regarding their shares: 1. to retain any or all of their Series 9 Shares and contin ...
TC Energy announces cash tender offers for certain Canadian-dollar denominated debt securities
GlobeNewswire News Room· 2024-10-01 13:00
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES (SEE "OFFER AND DISTRIBUTION RESTRICTIONS" BELOW). CALGARY, Alberta, Oct. 01, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) ("TC Energy") today announced that TransCanada PipeLines Limited (the "Company"), a whollyowned subsidiary of TC Energy, has commenced separate offers (the "Offers") to purchase for cash up to C$350,000,000 (the "Maximum Purchase Amount") in aggregate purchase price, excluding accrue ...
TC Energy announces cash tender offers for seven series of debt securities
GlobeNewswire News Room· 2024-10-01 13:00
CALGARY, Alberta, Oct. 01, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) ("TC Energy") today announced that TransCanada PipeLines Limited (the "Company"), a whollyowned subsidiary of TC Energy, has commenced separate offers (the "Offers") to purchase for cash any and all of the seven series of outstanding notes of the series listed in the table below (collectively, the "Notes"), up to a maximum of US$1,750,000,000 aggregate Total Consideration (as defined below). Subject to ...
TC Energy completes spinoff of its Liquids Pipelines business, South Bow Corporation; TC Energy to issue third quarter results on Nov. 7
GlobeNewswire News Room· 2024-10-01 12:53
Core Viewpoint - TC Energy Corporation has successfully completed the spinoff of its Liquids Pipelines business into South Bow Corporation, positioning itself as a focused natural gas infrastructure and power solutions company, committed to maximizing shareholder value and meeting growing energy demands [1][2][3] Company Developments - The spinoff allows TC Energy to execute a tailored strategy to capture incremental value and maintain a regulated, low-risk portfolio [2] - TC Energy's common shares will resume trading on the TSX and NYSE on October 2, 2024, while South Bow's shares will also begin trading on the same date [3] - The estimated proportionate allocation of adjusted cost base between TC Energy and South Bow shares will be posted on their respective websites in Q4 2024 [3] Upcoming Events - TC Energy will release its third quarter 2024 financial results on November 7, 2024, followed by a teleconference to discuss these results [3][4] - An Investor Day is scheduled for November 19, 2024, where the senior leadership team will outline the company's strategic priorities and growth objectives for 2025 [7] Company Overview - TC Energy employs over 7,000 energy professionals focused on delivering solutions to energy challenges, including natural gas supply for LNG markets and emission reduction initiatives [8] - The company is dedicated to creating sustainable returns for investors and value for communities [8]
TC Energy: 6% Yield Amidst A North American Energy Boom
Seeking Alpha· 2024-09-25 12:10
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