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TransCanada Corp (TRP.TO)

TRP.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

TransCanada says on track to sell stake in Coastal GasLink in second half
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - TransCanada Corp executives spoke on a conference call on Thursday::TRANSCANADA EXECUTIVE VP SAYS AIMING TO START KEYSTONE XL CONSTRUCTION IN 2019, UNCERTAIN WHEN REGULATORY HURDLES WILL BE CLEARED.TRANSCANADA CFO SAYS HE IS ENCOURAGED BY INTEREST FROM POTENTIAL PARTNERS IN COASTAL GASLINK LINE, EXPECTS DECISION IN SECOND HALF.  Full Article

TransCanada Corp Q4 Earnings Per Share C$1.19
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - TransCanada Corp ::TRANSCANADA REPORTS RECORD FINANCIAL RESULTS FOR 2018.Q4 NON-GAAP EARNINGS PER SHARE C$1.03.Q4 EARNINGS PER SHARE C$1.19.Q4 EARNINGS PER SHARE ESTIMATE C$0.96 -- REFINITIV IBES DATA.TRANSCANADA - CONTINUE TO ADVANCE MORE THAN $20 BILLION OF PROJECTS UNDER DEVELOPMENT INCLUDING KEYSTONE XL AND BRUCE POWER LIFE EXTENSION PROGRAM.DECLARED A QUARTERLY DIVIDEND OF $0.75 PER COMMON SHARE FOR QUARTER ENDING MARCH 31, 2019.QTRLY REVENUE $3,904 MILLION VERSUS $3,617 MILLION REPORTED LAST YEAR.SECURED COMMERCIAL SUPPORT FOR ALL AVAILABLE KEYSTONE XL PROJECT CAPACITY AND COMMENCED CERTAIN PRE-CONSTRUCTION ACTIVITIES.Q4 REVENUE VIEW C$3.83 BILLION -- REFINITIV IBES DATA.CONTINUE TO ADDRESS OUTSTANDING LEGAL CHALLENGES REGARDING KEYSTONE XL PROJECT.EXPECT NEBRASKA SUPREME COURT TO REACH DECISION IN Q1 REGARDING CHALLENGE TO NEBRASKA PUBLIC SERVICE COMMISSION'S ROUTE APPROVAL.TRANSCANADA - WELL POSITIONED TO FUND SECURED GROWTH PROGRAM THROUGH INTERNALLY GENERATED CASH FLOW, ACCESS TO CAPITAL MARKETS, PORTFOLIO MANAGEMENT.Q4 2018 RESULTS INCLUDED A $143 MILLION AFTER-TAX GAIN RELATED TO SALE OF OUR INTERESTS IN CARTIER WIND POWER FACILITIES.KARL JOHANNSON AND KRISTINE DELKUS WILL BE RETIRING FROM COMPANY IN FIRST AND SECOND QUARTERS OF 2019, RESPECTIVELY.SOUTH DAKOTA SUPREME COURT DISMISSED AN APPEAL AGAINST CERTIFICATION OF KEYSTONE XL PROJECT.  Full Article

LNG Canada CEO Calitz Says LNG Canada Intends To Continue To Advance Project And Maintain Its Construction Schedule
Friday, 11 Jan 2019 

Jan 10 (Reuters) - :LNG CANADA CEO ANDY CALITZ SAYS LNG CANADA HAS "EVERY INTENTION" TO CONTINUE TO ADVANCE ITS PROJECT AND MAINTAIN ITS CONSTRUCTION SCHEDULE.LNG CANADA CEO CALITZ SAYS "CONSCIOUS" THAT ANY DELAY IN PROJECT CAN ERODE CONFIDENCE IN BC AND CANADA TO DELIVER ENERGY PROJECTS - STATEMENT.LNG CANADA CEO ANDY CALITZ SAYS RECOGNIZE IT MAY NOT BE POSSIBLE TO GET UNANIMOUS SUPPORT FOR A MAJOR INFRASTRUCTURE PROJECT IN BC - STATEMENT.LNG CANADA CEO CALITZ SAYS HOPES RELATIONSHIP AMONG INDIGENOUS PEOPLE WHO SUPPORT AND OPPOSE LNG DEVELOPMENT IN BC, CANADA CAN BE "MENDED AND HEALED".  Full Article

Transcanada Plans Name Change To TC Energy
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - TransCanada Corp ::TRANSCANADA PLANS NAME CHANGE TO TC ENERGY.TRANSCANADA CORP - NAME CHANGE WILL BE EFFECTIVE IMMEDIATELY FOLLOWING ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS IN Q2 OF 2019.TRANSCANADA CORP - INTENDS TO CONTINUE TRADING UNDER "TRP" ON TORONTO AND NEW YORK STOCK EXCHANGES AFTER ADOPTING NEW NAME.TRANSCANADA - SHAREHOLDERS WILL BE ASKED TO APPROVE A SPECIAL RESOLUTION TO CHANGE NAME AT CO'S NEXT ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS.  Full Article

Transcanada Reaches Agreement To Sell Coolidge Generating Station For $465 Mln
Monday, 17 Dec 2018 

Dec 17 (Reuters) - TransCanada Corp ::PRESS RELEASE - TRANSCANADA REACHES AGREEMENT TO SELL COOLIDGE GENERATING STATION FOR US$465 MILLION.TRANSCANADA CORP - WHEN COMBINED, EXPECT TO REALIZE APPROXIMATELY $1.7 BILLION THAT WILL BE USED TO HELP FUND OUR NEAR-TERM CAPITAL PROGRAM.TRANSCANADA CORP - "WELL-POSITIONED TO FUND $36 BILLION OF COMMERCIALLY SECURED PROJECTS".TRANSCANADA CORP - TO SELL COOLIDGE GENERATING STATION TO SWG COOLIDGE HOLDINGS, LLC.TRANSCANADA - UNDER TERMS OF PPA, SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT HAS A RIGHT OF FIRST REFUSAL ON A SALE TO A THIRD PARTY.  Full Article

TransCanada says remains committed to building Keystone XL pipeline
Friday, 9 Nov 2018 

Nov 9 (Reuters) - TransCanada Corp statement on Friday::TRANSCANADA CORP SAYS IT REMAINS COMMITTED TO BUILDING KEYSTONE XL OIL PIPELINE-STATEMENT.  Full Article

Federal Judge Blocks Keystone XL Oil Pipeline - The Hill
Friday, 9 Nov 2018 

Nov 8 (Reuters) - :FEDERAL JUDGE BLOCKS KEYSTONE XL OIL PIPELINE - THE HILL.  Full Article

Aecon Awarded Contract By Transcanada For Coastal Gaslink Pipeline Project In British Columbia
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Aecon Group Inc ::AECON AWARDED PIPELINE CONSTRUCTION CONTRACT BY TRANSCANADA FOR COASTAL GASLINK PIPELINE PROJECT IN BRITISH COLUMBIA.AECON GROUP INC - SA ENERGY GROUP, A 50/50 JV BETWEEN AECON AND ROBERT B. SOMERVILLE CO. LTD, HAS BEEN AWARDED $526 MILLION CONTRACT BY TRANSCANADA.AECON GROUP INC - SUBSTANTIAL COMPLETION OF CONSTRUCTION OF PIPELINE IS ANTICIPATED BY NOVEMBER 2021 AND FINAL COMPLETION IS EXPECTED BY END OF 2022.AECON GROUP INC - SA ENERGY GROUP HAS BEEN AWARDED A $526 MILLION CONTRACT BY TRANSCANADA CORPORATION.AECON GROUP INC - EARLY WORKS FOR SPREADS 3 AND 4 WILL COMMENCE IN MID-2019, WITH CONSTRUCTION STARTING IN JULY 2020.  Full Article

Transcanada To Construct Coastal Gaslink Pipeline Project
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - TransCanada Corp ::TRANSCANADA TO CONSTRUCT COASTAL GASLINK PIPELINE PROJECT.TRANSCANADA CORP - CONSTRUCTION ACTIVITIES ARE EXPECTED TO BEGIN IN EARLY 2019 WITH A PLANNED IN-SERVICE DATE IN 2023.TRANSCANADA CORP - ESTIMATED CDN$6.2 BILLION PROJECT.TRANSCANADA CORP - MAJORITY OF SPEND ON CONSTRUCTION WILL OCCUR IN 2020 AND 2021.TRANSCANADA CORP - AS PART OF FUNDING PLAN, INTENDS TO EXPLORE JOINT VENTURE PARTNERS AND PROJECT FINANCING FOR COASTAL GASLINK.TRANSCANADA - PROJECT UNDERPINNED BY 25-YEAR TRANSPORTATION SERVICE AGREEMENTS ENTERED INTO WITH LNG CANADA PARTICIPANTS.TRANSCANADA CORP - PROJECT INCLUDES PRE-DEVELOPMENT COSTS TO DATE OF ABOUT $470 MILLION.TRANSCANADA CORP - DIFFERENCES BETWEEN ESTIMATED CAPITAL COST AND FINAL COST OF PROJECT WILL BE RECOVERED IN FUTURE PIPELINE TOLLS.TRANSCANADA CORP - COASTAL GASLINK PIPELINE PROJECT WILL EMPLOY 2,000-2,500 PEOPLE DURING CONSTRUCTION.TRANSCANADA CORP - COASTAL GASLINK PIPELINE PROJECT WILL GENERATE APPROXIMATELY $20 MILLION A YEAR IN ONGOING PROPERTY TAX BENEFITS TO B.C. COMMUNITIES.TRANSCANADA- THE PIPELINE TO HAVE INITIAL CAPACITY OF ABOUT 2.1 BILLION CUBIC FEET PER DAY WITH POTENTIAL FOR EXPANSION OF UP TO ABOUT 5 BCF/DAY.  Full Article

TransCanada Announces Agreement To Sell Its Share Of Cartier Wind Energy
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - TransCanada Corp ::PRESS RELEASE - TRANSCANADA ANNOUNCES AGREEMENT TO SELL ITS SHARE OF CARTIER WIND ENERGY.TRANSCANADA CORP - DEAL FOR FOR APPROXIMATELY $630 MILLION.TRANSCANADA CORP - TO SELL 62 PER CENT SHARE OF CARTIER WIND POWER FACILITIES, AND RELATED OPERATING ENTITIES.TRANSCANADA CORP - WELL POSITIONED TO FUND NEAR-TERM CAPITAL PROGRAM THROUGH OUR GROWING INTERNALLY GENERATED CASH FLOW.TRANSCANADA CORP - TO SELL SHARE OF CARTIER WIND ENERGY TO INNERGEX RENEWABLE ENERGY INC.  Full Article

UPDATE 1-TransCanada restarts shut portion of Keystone oil pipeline

WINNIPEG, Manitoba, Feb 19 TransCanada Corp restarted a section of the Keystone oil pipeline on Tuesday, following a leak in Missouri earlier this month, company spokesman Terry Cunha said.