TRP.TO - TransCanada Corporation

Toronto - Toronto Delayed Price. Currency in CAD
62.64
+0.29 (+0.47%)
At close: 4:00PM EDT
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Previous Close62.35
Open62.60
Bid62.64 x 0
Ask62.66 x 0
Day's Range62.01 - 62.67
52 Week Range47.90 - 62.67
Volume4,707,109
Avg. Volume2,700,017
Market Cap57.851B
Beta (3Y Monthly)1.27
PE Ratio (TTM)15.98
EPS (TTM)3.92
Earnings DateApr 25, 2019 - Apr 29, 2019
Forward Dividend & Yield3.00 (5.00%)
Ex-Dividend Date2019-03-28
1y Target Est63.53
  • State defends South Dakota pipeline protest legislation
    Associated Press3 days ago

    State defends South Dakota pipeline protest legislation

    South Dakota's governor and attorney general are asking a federal judge to throw out a lawsuit challenging a new law that aims to prevent disruptive demonstrations against the Keystone XL pipeline if it's built.

  • GlobeNewswire4 days ago

    TransCanada launches binding open season for Marketlink

    CALGARY, Alberta, April 18, 2019 -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today launched an open season to solicit binding commitments from.

  • Kenney Vows Oil Fight as Conservatives Reconquer Alberta
    Bloomberg5 days ago

    Kenney Vows Oil Fight as Conservatives Reconquer Alberta

    (Bloomberg) -- Alberta returned to its conservative roots, electing United Conservative Party Leader Jason Kenney premier after he vowed to fight harder for the Canadian province’s beleaguered energy industry.

  • GlobeNewswire7 days ago

    TransCanada to hold Annual and Special Meeting of Shareholders and issue first quarter 2019 results on May 3

    News Release – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) will hold its 2019 Annual and Special Meeting of Shareholders on Friday, May 3, 2019 at 10 a.m. (MDT) / 12 p.m. (EDT) in Calgary, Alberta in the Markin MacPhail Centre at Canada Olympic Park. A live webcast of the Annual Meeting will be available at www.transcanada.com. First quarter 2019 financial results will also be released pre-market on May 3, 2019.

  • Better Buy: Kinder Morgan Canada vs. TransCanada Corporation
    Motley Fool9 days ago

    Better Buy: Kinder Morgan Canada vs. TransCanada Corporation

    Here's a point-by-point look to see which of these two Canadian midstream companies has the edge on the other.

  • Enbridge: 74% of the Analysts Recommend a ‘Buy’
    Market Realist12 days ago

    Enbridge: 74% of the Analysts Recommend a ‘Buy’

    Enbridge: Why Income Investors Are Attracted to the Stock(Continued from Prior Part)Analysts’ recommendations Around 74% of the Reuters-surveyed analysts have rated Enbridge (ENB) as a “buy” or “strong buy,” while the remaining analysts

  • These Factors Make TransCanada Corporation (TSE:TRP) An Interesting Investment
    Simply Wall St.13 days ago

    These Factors Make TransCanada Corporation (TSE:TRP) An Interesting Investment

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Attractive stocks have exceptional fundamentals. In the case of TransCanada Corporation (TSE:TRP), there's...

  • What Does Enbridge’s Current Valuation Indicate?
    Market Realist13 days ago

    What Does Enbridge’s Current Valuation Indicate?

    Enbridge: Why Income Investors Are Attracted to the Stock(Continued from Prior Part)Enbridge’s valuationEnbridge (ENB) is trading at a forward EV-to-EBITDA multiple of ~13.2x. The EV-to-EBITDA multiple is slightly lower than the company’s

  • This High-Yield Dividend Stock Has an $8 Billion Conundrum
    Motley Fool14 days ago

    This High-Yield Dividend Stock Has an $8 Billion Conundrum

    TransCanada is looking for ways to bridge a big gap so that it can continue growing its dividend at a fast pace.

  • Enbridge: Why Income Investors Are Attracted to the Stock
    Market Realist14 days ago

    Enbridge: Why Income Investors Are Attracted to the Stock

    Enbridge: Why Income Investors Are Attracted to the StockEnbridge’s dividends Income investors looking for regular and stable dividend income might be attracted to Enbridge (ENB) stock. The company has paid dividends for more than 64

  • Bloomberg16 days ago

    Keystone XL Pipeline Foes Sue to Void Trump's New Permit

    In an earlier challenge to the $8 billion project, a Montana judge in November faulted the State Department’s environmental analysis. The new permit reinforces that the president’s authority isn’t subject to judicial review, but the administration will conduct environmental reviews and assess impacts on endangered species as required by law, a White House official said. Friday’s complaint was filed by a nonprofit representing indigenous people from the region where the project is proposed and a conservation advocacy group.

  • Pipeline opponents ask judge to strike down Trump's permit
    Associated Press16 days ago

    Pipeline opponents ask judge to strike down Trump's permit

    BILLINGS, Mont. (AP) — Opponents of the long-stalled Keystone XL oil pipeline asked a federal court Friday in a lawsuit to declare President Donald Trump acted illegally when he issued a new permit for the project in a bid to get around an earlier court ruling.

  • Reuters17 days ago

    TransCanada explores sale of $1 bln Appalachian pipeline unit -sources

    Pipeline operator TransCanada Corp is exploring a potential sale of its Columbia Midstream unit in a deal that could value the business at about $1 billion, three sources aware of the matter said on Friday. TransCanada, based in Calgary, Alberta, is offloading parts of its infrastructure to help finance the $8 billion it has earmarked to spend on new projects in 2019, such as the high-profile Coastal GasLink system and the Keystone XL pipeline, which are likely to generate higher returns than these legacy assets. A sale of Columbia Midstream is not guaranteed, and TransCanada's plans could still change, the sources cautioned, asking not to be named because the information is private.

  • 6 Stocks Outperforming the Market
    GuruFocus.com18 days ago

    6 Stocks Outperforming the Market

    According to the GuruFocus All-in-One Screener, the following stocks have outperformed the Standard & Poor's 500 index over the past 12 months and were bought by gurus during the fourth quarter. TransCanada Corp. (TRP) has a market cap of $42.2 billion. Warning! GuruFocus has detected 5 Warning Signs with TRP.

  • Reuters19 days ago

    Trump to sign order seeking to clear gas pipeline hurdles -Kudlow

    White House economic adviser Larry Kudlow on Wednesday said the Trump administration would soon issue an executive order that would open the door for more natural gas pipelines and exports of liquefied natural gas, or LNG. The administration, which is pushing a policy it calls energy dominance, has been considering an order that would push back against states, including New York, that have blocked interstate natural gas pipelines. Kudlow said the executive order would open the way for pipelines and LNG at an event hosted by the Christian Science Monitor news outlet.

  • Morningstar19 days ago

    New Permit Moves Keystone XL Forward

    President Donald Trump has rescinded his initial presidential permit for the Keystone XL pipeline and issued a new one for the project. The now outdated permit was based on a 2014 environmental impact study performed by President Barack Obama's administration. The new permit, issued by Trump himself, does not require an environmental impact study and aims to undercut the legal proceedings that are holding up the project.

  • Oil Hits 2019 High On Shale Slowdown
    Oilprice.com20 days ago

    Oil Hits 2019 High On Shale Slowdown

    Oil prices have hit yet another 2019 high as shale production hits a speedbump and fears of an economic slowdown fade

  • Oilprice.com21 days ago

    Trump Battles For Key Oil & Gas Projects

    President Trump issued an executive order on Friday to keep the Keystone XL pipeline alive, one of a list of oil and gas projects that the President is eager to see progress

  • GlobeNewswire21 days ago

    TransCanada provides dividend rate notice for Series 7 and 8 preferred shares

    News Release – TransCanada Corporation (TRP.TO) (TRP) (TransCanada) announced today that it has notified the registered shareholder of the applicable dividend rates for Cumulative Redeemable First Preferred Shares, Series 7 (Series 7 Shares) and the Cumulative Redeemable First Preferred Shares, Series 8 (Series 8 Shares). As previously announced in our news release dated March 15, 2019, holders of the Series 7 Shares have the right on April 30, 2019 to convert, on a one-for-one basis, any or all of their Series 7 Shares into Series 8 Shares and receive a floating rate quarterly dividend, or retain any or all of their Series 7 Shares and receive a new fixed rate quarterly dividend. Should a holder of Series 7 Shares choose to convert their shares to Series 8 Shares, holders of Series 8 Shares will receive the floating quarterly dividend rate applicable to the Series 8 Shares of 4.032% for the first quarterly floating rate period commencing effective April 30, 2019 to, but excluding, July 30, 2019.

  • Trump Doubles Down on Keystone Oil Pipeline With New Permit
    Bloomberg23 days ago

    Trump Doubles Down on Keystone Oil Pipeline With New Permit

    The move aims to undercut legal challenges to the $8 billion project, including a November ruling by a Montana-based district judge that faulted the State Department’s previous environmental analysis, according to a person familiar with the matter. It could pave the way for beginning some preliminary work, according to Clearview Energy Partners. “It looks like the intent is to wipe the slate clean and replace the previous presidential permit with this new one,” Height Securities LLC analyst Katie Bays said.

  • Is TransCanada Corporation (TRP) A Good Stock To Buy According To Hedge Funds?
    Insider Monkey23 days ago

    Is TransCanada Corporation (TRP) A Good Stock To Buy According To Hedge Funds?

    Is TransCanada Corporation (NYSE:TRP) an attractive investment today? Money managers are taking an optimistic view. The number of bullish hedge fund bets inched up by 1 lately. Our calculations also showed that TRP isn't among the 30 most popular stocks among hedge funds. Hedge funds' reputation as shrewd investors has been tarnished in the last […]

  • Trump tries fresh approach with long-delayed Keystone XL pipeline
    Reuters24 days ago

    Trump tries fresh approach with long-delayed Keystone XL pipeline

    U.S. President Donald Trump on Friday signed a new permission for TransCanada Corp to build the long-delayed Keystone pipeline for imports of Canadian oil, replacing his previous permits in a fresh attempt to get around the blocking of the $8 billion project by a court in Montana. In granting the permission in an executive order, Trump revoked a previous permit for the pipeline issued in March 2017 and an executive order approving the project he issued two days after taking office in January that year. It was not immediately clear whether under the new approval the pipeline, which would carry 800,000 barrels per day of crude from Canada's oil sands to refineries along the U.S. Gulf of Mexico, would have to undergo extensive new environmental reviews.

  • GlobeNewswire24 days ago

    President Trump affirms support for Keystone XL project

    TransCanada Corporation (TRP.TO) (TRP) (TransCanada) today thanked President Donald Trump for affirming his support for the Keystone XL pipeline project by issuing a new Presidential Permit. The president’s action today clarifies the national importance of Keystone XL and aims to bring more than 10 years of environmental review to closure. “President Trump has been clear that he wants to create jobs and advance U.S. energy security and the Keystone XL pipeline does both of those things,” said Russ Girling, TransCanada’s president and chief executive officer.

  • Reuters24 days ago

    Trump grants permission for TransCanada Keystone pipeline facilities

    President Donald Trump signed a permit on Friday granting permission for TransCanada Corp to build pipeline facilities on the U.S.-Canada border for the importation of oil from Canada through the Keystone ...

  • TC PipeLines: Short Interest and Analysts’ Recommendations
    Market Realist24 days ago

    TC PipeLines: Short Interest and Analysts’ Recommendations

    Will TC PipeLines Maintain Its Rally?(Continued from Prior Part)Short interestThe short interest in TC PipeLines (TCP) fell 22.7% to ~1.1 million shares on March 15. A fall in the short interest indicates that fewer investors expect the price of the