TRP News and Press, TransCanada Corporation From 07/28/23

2023-07-28 11:23:25 ET TC Energy ( NYSE: TRP ) -4.2% in Friday's trading as investors apparently were blindsided by plans to spin off the liquids pipeline business into a separately traded company, and at least two analysts issued downgrades. BMO Capital downgraded TC En...

2023-07-27 18:10:06 ET Summary Until now, we have recommended avoiding TC Energy Corporation shares due to ongoing operational and management issues. However, the shares have fallen to a point that overly discounts the company’s troubles and ignores its high-quality assets ...

2023-07-27 17:51:42 ET TC Energy ( NYSE: TRP ) +3.6% post-market after reporting better than expected Q2 earnings and announcing plans to split into two separate companies by spinning off its liquids pipelines business. Following the split, TC Energy ( TRP ) wi...

2023-07-27 17:09:45 ET TC Energy press release ( NYSE: TRP ): Q2 Non-GAAP EPS of C$0.96. Segmented earnings of $1.0 billion compared to $1.7 billion in 2022 and comparable EBITDA of $2.5 billion compared to $2.4 billion in 2022. Total NGTL System receipts were 13.5 Bcf...

2023-07-26 12:34:54 ET The shutdown of part of TC Energy's ( NYSE: TRP ) Columbia Gas Transmission Pipeline in Virginia after a fire has reduced feedgas flows to the Cove Point liquefied natural gas export plant in Maryland, Reuters reported Wednesday. Berkshire Hathaway Ene...

2023-07-25 12:57:15 ET TC Energy ( NYSE: TRP ) -3.5% in Tuesday's trading after its Columbia Gas Transmission Pipeline declared force majeure at a section in Virginia due to a fire that erupted following an explosion along Interstate 81 in Strasburg. The company said...

2023-07-24 07:53:13 ET TC Energy ( NYSE: TRP ) said Monday it agreed to sell a 40% interest in its Columbia Gas Transmission and Columbia Gulf Transmission systems into a new joint venture partnership with Global Infrastructure Partners for C$5.2B (US$3.9B) in cash. TC Energ...

Transaction significantly accelerates deleveraging and delivers key 2023 strategic priority Unlocks incremental value through long-term partnership with GIP, one of the world’s leading infrastructure investors GIP will jointly fund annual maintenance, modernization and sa...

2023-07-22 05:15:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Global equity markets ...

2023-07-14 11:57:35 ET Summary Cenovus Energy has made steady progress in debt reduction. Despite the Q1-2023 hiccup, target levels for accelerated shareholder returns will likely be reached in the next 12 months. Preferred shares, especially series 1, offer a very low-risk in...