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TC Energy Corp (TRP.TO)

TRP.TO on Toronto Stock Exchange

65.83CAD
16 Jul 2019
Change (% chg)

$-0.06 (-0.09%)
Prev Close
$65.89
Open
$66.02
Day's High
$66.09
Day's Low
$65.45
Volume
1,325,200
Avg. Vol
2,592,870
52-wk High
$67.15
52-wk Low
$47.90

Latest Key Developments (Source: Significant Developments)

UGI Unit To Buy Columbia Midstream Group From Subsidiary Of TC Energy
Wednesday, 3 Jul 2019 

July 2 (Reuters) - UGI Corp ::UGI SUBSIDIARY TO ACQUIRE COLUMBIA MIDSTREAM GROUP, LLC FROM A SUBSIDIARY OF TC ENERGY CORPORATION.DEAL FOR APPROXIMATELY $1.275 BILLION.EXPECTS DEAL TO BE EPS NEUTRAL IN FISCAL YEAR 2020, AND ACCRETIVE BEGINNING IN FISCAL YEAR 2021 EXCLUDING TRANSACTION AND INTEGRATION COSTS.EXPECTS TO FUND TRANSACTION WITH A COMBINATION OF NEW DEBT AT UGI ENERGY SERVICES AND AVAILABLE LIQUIDITY AT UGI.TRANSACTION IS EXPECTED TO CLOSE IN UGI'S FISCAL Q4.IN CONNECTION WITH DEAL, UGI ENERGY SERVICES HAS SECURED A COMMITMENT FROM CREDIT SUISSE (USA) LLC TO PROVIDE A $700 MILLION BRIDGE FACILITY.CREDIT SUISSE IS SERVING AS UGI'S FINANCIAL ADVISOR AND LATHAM & WATKINS LLP IS SERVING AS LEGAL COUNSEL.CO'S UNIT UGI ENERGY SIGNED DEFINITIVE AGREEMENT TO ACQUIRE EQUITY INTERESTS OF COLUMBIA MIDSTREAM GROUP LLC FROM A UNIT OF TC ENERGY CORP.DEAL EXPANDS CO'S MIDSTREAM PORTFOLIO, PROVIDES OPPORTUNITY TO INVEST ADDITIONAL $300 - $500 MILLION OVER NEXT FIVE YEARS AT ATTRACTIVE RETURNS.  Full Article

TC Energy Expects To Realize $1.15 Billion From The Partial Monetization Of Northern Courier Pipeline
Tuesday, 28 May 2019 

TC Energy Corp ::TC ENERGY EXPECTS TO REALIZE $1.15 BILLION FROM THE PARTIAL MONETIZATION OF NORTHERN COURIER PIPELINE.TC ENERGY CORP - AGREEMENT TO SELL AN 85 PER CENT EQUITY INTEREST IN NORTHERN COURIER PIPELINE TO ALBERTA INVESTMENT MANAGEMENT CORPORATION.TC ENERGY CORP - FOLLOWING CLOSING OF TRANSACTIONS, TC ENERGY WILL HOLD A 15 PER CENT AGGREGATE INTEREST IN NORTHERN COURIER PIPELINE.TC ENERGY - EXPECTS THAT NORTHERN COURIER PIPELINE WILL UNDERTAKE FINANCING OF LONG-TERM, NON-RECOURSE DEBT.TC ENERGY CORP - TC ENERGY WILL REMAIN OPERATOR OF NORTHERN COURIER PIPELINE.TC ENERGY CORP - PIPELINE EQUITY SALE IS CONTINGENT ON DEBT FINANCING.  Full Article

Transcanada Says At Open Of Markets On Or About May 9 Co Will Commence Trading Under New Name
Monday, 6 May 2019 

May 6 (Reuters) - TransCanada Corp ::TRANSCANADA SAYS AT OPEN OF MARKETS ON OR ABOUT MAY 9 CO WILL COMMENCE TRADING UNDER NEW NAME - SEC FILING.  Full Article

TransCanada says no estimated return to service for Keystone oil line
Friday, 8 Feb 2019 

Feb 8 (Reuters) - TransCanada Corp spokesman said in an email::TRANSCANADA SAYS MISSOURI OIL SPILL LIKELY ORIGINATES FROM KEYSTONE PIPELINE, NO ESTIMATED TIMELINE TO RETURN TO SERVICE.  Full Article

TransCanada confirms portion of Keystone oil pipeline shut to investigate leak
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - TransCanada Corp spokesman::TRANSCANADA CONFIRMS IT SHUT PORTION OF KEYSTONE OIL PIPELINE WEDNESDAY TO INVESTIGATE LEAK ON ITS RIGHT OF WAY NEAR ST. LOUIS, MISSOURI.  Full Article

TransCanada's Keystone Pipeline GP Authorized To Begin Additional Construction Activities On Keystone XL Project
Monday, 21 Jan 2019 

Jan 21 (Reuters) - National Energy Board::TRANSCANADA'S KEYSTONE PIPELINE GP LTD. AUTHORIZED TO BEGIN ADDITIONAL CONSTRUCTION ACTIVITIES ON ITS KEYSTONE XL PROJECT IN CANADA.NATIONAL ENERGY BOARD - APPROVED TRANSCANADA'S KEYSTONE PIPELINE GP REQUEST TO BEGIN WINTER CLEARING WORK ON NORTH SPREAD OF ITS KEYSTONE XL PROJECT.NATIONAL ENERGY BOARD - APPROVAL APPLIES TO NORTH SPREAD OF KEYSTONE XL PROJECT ONLY.  Full Article

Transcanada Corp Files For Mixed Shelf Of Upto $2 Billion
Monday, 17 Dec 2018 

Dec 17 (Reuters) - TransCanada Corp ::TRANSCANADA CORP FILES FOR MIXED SHELF OF UPTO $2 BILLION - SEC FILING.  Full Article

TransCanada eyeing asset sales, JVs to finance Keystone XL build
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - TransCanada Corp ::TRANSCANADA SAYS CONTINUING TO WORK TOWARD STARTING CONSTRUCTION ON KEYSTONE XL PIPELINE IN 2019.TRANSCANADA SAYS COULD CONSIDER ASSET SALES, JV PARTNERS TO FINANCE KEYSTONE XL BUILD.TRANSCANADA SAYS HAS HAD "SUBSTANTIAL INTEREST" FROM POTENTIAL JV PARTNERS FOR COASTAL GASLINK PIPELINE.TRANSCANADA SAYS WILL GO AHEAD WITH CONSTRUCTION OF COASTAL GASLINK PIPELINE DESPITE JURISDICTIONAL REVIEW.TRANSCANADA SAYS MORE GAS MOVING WEST FOR LNG WILL NOT IMPACT OPPORTUNITIES FOR MOVING GAS EAST, SOUTH.TRANSCANADA SAYS INTERESTED IN CANADA EAST COAST LNG OPPORTUNITY, BUT NO TRANSPORT DEALS WITH THOSE COMPANIES YET.  Full Article

Transcanada Announces Export Capacity Expansion On The Ngtl System
Monday, 18 Jun 2018 

TransCanada Corp ::TRANSCANADA ANNOUNCES EXPORT CAPACITY EXPANSION ON THE NGTL SYSTEM.TRANSCANADA CORP - WILL MOVE FORWARD WITH A PROPOSED $140-MILLION EXPANSION OF ITS NOVA GAS TRANSMISSION LTD SYSTEM.TRANSCANADA CORP - SHIPPERS HAVE EXECUTED BINDING AGREEMENTS FOR 280 MILLION CF/DAY OF INCREMENTAL FIRM DELIVERY SERVICE THAT WILL COMMENCE NOVEMBER 2021.TRANSCANADA CORP - AVERAGE TERM OF CONTRACTS AWARDED FOR EXPANSION CAPACITY IS 22 YEARS.  Full Article

Canada Energy Minister: prepared to look at many options on Kinder Morgan pipeline
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Kinder Morgan Inc ::CANADA ENERGY MINISTER: GOVERNMENT IS "100 PERCENT" BEHIND KINDER MORGAN PIPELINE.CANADA ENVIRONMENT MINISTER: NOT A MATTER OF WHETHER KINDER MORGAN PIPELINE WILL GO AHEAD BUT HOW.CANADA ENERGY MINISTER REPEATS PREPARED TO LOOK AT MANY OPTIONS ON KINDER MORGAN PIPELINE.  Full Article

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Recently departed Mexico finance minister says pipeline dispute pushed him to go

MEXICO CITY A Mexican state-owned power utility's move to seek arbitration over pipeline contracts was one of the final straws that pushed the country's former finance minister, Carlos Urzua, to resign from his post, Urzua said in an interview published Sunday.