41.11 -0.31 (-0.74%)
After hours: 4:26PM EST
|Bid||39.95 x 3200|
|Ask||42.02 x 800|
|Day's Range||40.82 - 41.47|
|52 Week Range||34.58 - 48.48|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||14.90|
|Forward Dividend & Yield||2.01 (4.94%)|
|1y Target Est||N/A|
Apart from the capex cut, Crescent Point (CPG) also slashes its dividend payout from 3 cents a month to just a penny every quarter, representing a massive decline of 89%.
The acquisition of Meritage Midstream is likely to bolster SemGroup's (SEMG) Montney footprint by the addition of complementary assets and service offerings.
Yet another crucial Canadian energy infrastructure project is running into trouble as members of the Wet’suwet’en nation threw up makeshift barricades to stop construction on their land in recent weeks
Not that TransCanada Corp., the pipeline company still slogging away at getting Keystone XL up and running, is ashamed of its heritage, you understand. Only recently, the Norwegian company formerly known as Statoil shifted to Equinor ASA to signal it’s down with the whole energy-transition thing (and equality, equilibrium and suchlike, apparently). Beating it to the punch was near-neighbor Ørsted ASA of Denmark, which changed its name from DONG because it had ditched oil and gas for wind energy, and also maybe it was just a good idea anyway.
The Calgary-based firm that was created in 1951 as TransCanada Pipelines Ltd. to bring natural gas to Eastern Canada from Alberta, will change its name to TC Energy in the second quarter. The TRP ticker symbol used on the Toronto and New Stock Exchanges will remain. “The name TC Energy clearly articulates our complete business – pipelines, power generation and energy storage operations – and reflects our continued continental growth into an enterprise with critical assets and employees in Canada, the United States and Mexico,” Chief Executive Officer Russ Girling said in a statement Wednesday.
TransCanada Corp., the company behind the contentious Keystone XL oil pipeline, is changing its name to TC Energy. If approved by shareholders and regulators, TransCanada becomes TC Energy in the second quarter. The stock ticker "TRP" will not change.
Canadian pipeline operator TransCanada Corp said on Wednesday it would change the company's name to TC Energy to better reflect its scope of operations. " We believe the name TC Energy clearly articulates our complete business – pipelines, power generation and energy storage operations," Chief Executive Officer Russ Girling said. The company said it will continue to trade under "TRP" on the Toronto Stock Exchange.
HELENA, Mont. (AP) — The U.S. government shutdown may prevent Justice Department attorneys from going before a Montana judge next week to ask him to lift his hold on Keystone XL oil pipeline construction.
TransCanada Corp's Marketlink pipeline filed with U.S. energy regulators to cut certain spot rates to haul crude from Cushing, Oklahoma to Port Arthur and Houston, Texas, in a move expected to draw down ...
Energy Information Administration projects Brent price and WTI crude to average $61 and $54 per barrel, respectively, in 2019.
The Zacks Analyst Blog Highlights: Unit, Cabot Oil & Gas, SilverBow Resources, Archrock and TransCanada
These oil and gas stocks, by virtue of their solid earnings growth prediction and favorable Zacks Rank, hold the potential to make investors standout gains.
Moody's Investors Service ("Moody's") today assigned a Prime-2 short-term rating to TransCanada PipeLine USA Ltd. (TCPL USA) because the company was added as a co-issuer to an updated $3.5 billion US dollar commercial paper program at TransCanada PipeLines Limited (TCPL, A3 senior unsecured, negative). "TCPL guarantees TCPL USA under the $3.5 billion commercial paper program as well as the $4.5 billion committed facility that acts as the CP backstop facility," said Moody's Vice President Gavin MacFarlane.
Following the divestment of Coolidge facility, TransCanada (TRP) will still own more than 6,000 megawatts of power generating capacity in Canada and the United States.
Williams' (WMB) Gateway expansion project is likely to allow additional gas volumes to be delivered to the northeastern markets.
Although expectations of milder-than-expected December temperatures hinted at softening consumption, we believe natural gas is still supported by a robust long-term growth narrative.
While there is much ambiguity relating to the Canadian oil industry as of now, the tide may turn for the country in the long term.