TCP News and Press, TC PipeLines LP representing Limited Partner Interests From 09/17/19

Co-produced with Trapping Value and Treading Softly We recently discussed how hated energy is as an asset class. While E&Ps are down in the dirt, midstream companies responsible for processing and transporting products have not exactly fared much better. This has set up a r...

It was a short, but steady week for midstream, helped by strong Canadian midstream performance that more than offset weakness from MLPs. Midstream stocks underperformed utilities and the S&P 500, both of which finished the week up 18.8% YTD on a price basis. On the macro, a sub-50 ISM numb...

Midstream broke out of its 6-week slump this week, helped by a private equity bid lobbed in Tuesday night, but also helped by risk-on broad market action and rebounding commodity prices. Even with a 30% gain from a 3.5% weight in the AMZ, the AMNA with less than 1% weight in that same name, ...

By Bryce Bingham Following last week's recap of 2Q19 distributions, today's analysis speaks to the pulse of distributions by examining distribution coverage and payout ratios. How well can MLPs afford their distributions, and how does distribution coverage compare to the past? What are t...

By Michael Laitkep Clean quarter for the AMZI; one small cut for the AMZ The pie charts below show the quarter-over-quarter (Q/Q) or sequential changes to distributions for the constituents of the Alerian MLP Index (AMZ) and Alerian MLP Infrastructure Index (AMZI), comparing 2Q19 wit...

Midstream and MLP stock performance accelerated to the downside this week, finishing with bigger losses this week than last week. It was also the 4th consecutive negative week for midstream, the longest such streak since late December. Earnings season ended, with overall strength among the l...

TC PipeLines, L.P. (TCP) Q2 2019 Results Conference Call August 01, 2019 05:30 PM ET Company Participants Rhonda Amundson - Investor Relations Nathan Brown - President Janine Watson - Vice President and General Manager Chuck Morris - Principal Financial Officer Conference Ca...

TC PipeLines (NYSE: TCP ): Q2 GAAP EPS of $0.75 misses by $0.07 . More news on: TC PipeLines, LP, Earnings news and commentary, Energy stocks news, Read more ...

HOUSTON, Aug. 01, 2019 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported net income attributable to controlling interests of $55 million and distributable cash flow of $70 million for the three months ended June 30, 2019.   “Our portfolio o...

HOUSTON, July 23, 2019 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared the Partnership’s second quarter 2019 cash distribution of $0.65 per common unit. The distribu...