TRP - TransCanada Corporation
40.50 +0.04 (0.11%)
Pre-Market: 8:00AM EST
| Previous Close | 40.39 |
| Open | 40.14 |
| Bid | 38.40 x 4000 |
| Ask | 41.00 x 4000 |
| Day's Range | 39.91 - 40.70 |
| 52 Week Range | 37.24 - 50.54 |
| Volume | 2,346,696 |
| Avg. Volume | 1,252,300 |
| Market Cap | 36.929B |
| Beta (3Y Monthly) | 0.26 |
| PE Ratio (TTM) | 14.55 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.10 (5.25%) |
| Ex-Dividend Date | 2018-12-28 |
| 1y Target Est | N/A |
- Reuters•7 days ago
U.S. approves part of TransCanada WB XPress natgas pipe for service
U.S. federal energy regulators on Wednesday approved a request by TransCanada Corp's Columbia Gas Transmission unit to put the eastern facilities of its $900 million WB XPress natural gas pipeline into service in West Virginia and Virginia. WB XPress is one of several pipelines designed to connect growing output in the Marcellus and Utica shale basins in Pennsylvania, West Virginia and Ohio with customers in other parts of the United States and Canada. The 1.3-billion cubic feet per day (bcfd) WB XPress project was designed to increase gas capacity in Virginia and West Virginia.
- InvestorPlace•7 days ago
7 Heavily Discounted Stocks to Buy Today
Investors have plenty of worries, including higher interest rates, oil prices, China’s economic health and a changing political outlook following the elections. Reports claim said fund stole money and that Goldman Sachs “cheated” in its dealings in the matter.
- Financial Times•7 days ago
[$$] Canada’s oil producers look beyond Keystone XL pipeline
’s long-delayed Keystone XL oil pipeline to go ahead, the Canadian oil industry was delighted. Oil producers in Alberta still hope that eventually they will be able to use Keystone XL to reach refineries and export terminals in the US, but they are stepping up their investment in other options. The need for other routes to market has become increasingly urgent as a shortage of pipeline capacity has crushed oil prices in Alberta.
- The Wall Street Journal•8 days ago
[$$] A Judicial Keystone Kop
The oil pipeline has already been stuck in regulatory quicksand for a decade. In 2008 TransCanada applied for a permit to move up to 830,000 barrels of bitumen crude per day from the Alberta oil sands to Gulf Coast refineries. Amid a drawn-out review, the Obama State Department issued five determinations that the pipeline would have no material impact on greenhouse gas emissions.
Reuters•8 days agoImpact of U.S. court ruling on Keystone XL timing unclear: TransCanada
"We're going through the decisions, we're reviewing the deficiencies to determine how best to address the deficiencies," Paul Miller, President, Liquids Pipelines, said at an Investor Day in Toronto. TransCanada is still expecting a separate ruling from a Nebraska court on routing. Shares of TransCanada were down 0.33 percent at C$51.45 in Toronto.
- Zacks•8 days ago
TransCanada (TRP) Q3 Earnings Beat on US Gas Pipelines Unit
Higher contribution from U.S. Gas Pipelines and Liquids businesses drives the results of TransCanada (TRP) in the third quarter of 2018.
- Reuters•8 days ago
What is at stake in the Keystone XL pipeline ruling?
A U.S. federal judge in Montana halted construction of TransCanada Corp's (TRP.TO) Keystone XL oil pipeline on Thursday, saying a U.S. environmental analysis "fell short of a 'hard look'" at the cumulative effects of greenhouse gas emissions and the impact on Native American land resources. The ruling is the latest delay to the project, a decade in planning, which was revived by U.S. President Donald Trump after being halted by his predecessor, Barack Obama. KXL, as it is known, is a proposed $8 billion, 1,180 mile (1,900 km) pipeline that would carry heavy crude to Steele City, Nebraska, from Canada’s oil sands in Alberta.
- The Wall Street Journal•12 days ago
[$$] Keystone XL Pipeline Faces Uncertain Future
A federal ruling blocking the Trump administration’s approval of the Keystone XL pipeline further clouds the future of a project that has faced a decade of delays due to fevered opposition from environmentalists, landowners and Native American groups. U.S. District Judge Brian M. Morris ruled Thursday night that President Trump’s 2017 cross-border permit of the pipeline expansion by TransCanada Corp. hadn’t considered all impacts as required by federal law, and that construction couldn’t move forward until a supplemental environmental review is completed. The decision means the pipeline expansion to carry oil from Alberta to Nebraska is certain to face at least some additional delays, as the ruling is either appealed to a higher court, or government officials complete the extra analysis.
- Bloomberg•12 days ago
Keystone XL's Decadelong Slog to Reality Just Got Longer
A Montana federal judge Thursday found that the 2014 environmental assessment by the Obama administration fell short. President Donald Trump used that review in a March 2017 decision allowing the project to proceed. Now, the government must consider oil prices, greenhouse-gas emissions and formulate a new spill-response strategy before allowing the pipeline to move forward, U.S. District Judge Brian Morris wrote in a ruling.
Motley Fool•12 days agoTC PipeLines (TCP) Q3 2018 Earnings Conference Call Transcript
TCP earnings call for the period ending September 30, 2018.
- Reuters•12 days ago
U.S. judge halts Keystone XL oil pipeline in blow to Trump, Trudeau
By Rod Nickel and David Gaffen WINNIPEG, Manitoba/NEW YORK (Reuters) - A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the ...
Reuters•12 days agoU.S. judge halts Keystone XL oil pipeline in blow to Trump, Trudeau
WINNIPEG, Manitoba/NEW YORK (Reuters) - A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the United States, drawing praise on Friday from environmental groups and a rebuke from President Donald Trump. The ruling of a U.S. Court in Montana late on Thursday dealt a setback to TransCanada Corp, whose stock fell 1.7 percent in Toronto.
- TheStreet.com•12 days ago
Keystone Pipeline Ruling Weighs on TransCanada Shares
slipped nearly 2% on Friday, Nov. 9, after a federal judge in Montana blocked the Keystone XL Pipeline. U.S. District Court Judge Brian Morris in Great Falls ruled late Thursday that the U.S. government didn't complete a full analysis of the environmental impact of the $8 billion pipeline and that it "fell short of a hard look" at the effect the project could have on climate change and Native American land resources. The judge's ruling follows a lawsuit filed in 2017 by several environmental groups against the U.S. government, soon after President Donald Trump announced a presidential permit for the project.
- Associated Press•12 days ago
Federal judge blocks construction of Keystone XL pipeline
A federal judge in Montana has blocked construction of the $8 billion Keystone XL Pipeline to allow more time to study the project's potential environmental impact. The Great Falls Tribune reports U.S. District Judge Brian Morris' order on Thursday came as Calgary-based TransCanada was preparing to build the first stages of the oil pipeline in northern Montana. Environmental groups had sued TransCanada and The U.S. Department of State in federal court in Great Falls.
Bloomberg•12 days agoKeystone XL Ruling Comes at Worst Time for Canadian Oil Industry
Energy producers in the northern nation already are struggling with a shortage of pipeline space that has hammered prices for their crude, sending its discount to U.S. benchmarks to the widest on record in recent weeks. Keystone XL was seen as a major step toward solving that problem. The pipeline would have added 830,000 barrels of daily shipping capacity -- about 4.2 percent of U.S. oil demand -- when it came into service, which was expected to happen in 2021.
Reuters•12 days agoU.S. judge halts construction of Keystone XL oil pipeline
The ruling deals a major setback for TransCanada Corp and could possibly delay the construction of the $8 billion, 1,180 mile (1,900 km) pipeline. The ruling is a victory for environmentalists, tribal groups and ranchers who have spent more than a decade fighting against construction of the pipeline that will carry heavy crude to Steele City, Nebraska, from Canada’s oilsands in Alberta. U.S. District Court Judge Brian Morris' ruling late on Thursday came in a lawsuit that several environmental groups filed against the U.S. government in 2017, soon after President Donald Trump announced a presidential permit for the project.
- The Wall Street Journal•12 days ago
[$$] Federal Judge Blocks Keystone XL Pipeline Permit
A federal judge in Montana on Thursday blocked the Trump administration’s permit allowing the Keystone XL pipeline and barred any construction of the long-delayed project until completion of a supplemental environmental review. The ruling requires the federal government to update a prior 2014 environmental review of Keystone XL to weigh several additional factors, including the impact of lower oil prices on the project’s viability, its related greenhouse-gas emissions and modeling of potential oil spills it could cause.
- Bloomberg•12 days ago
Keystone XL Pipeline Project Blocked by Judge in Montana
The Indigenous Environmental Network, River Alliance and Northern Plains Resource Council filed a pair of lawsuits against the U.S. in March 2017 shortly after President Donald Trump gave his approval for the project to cross the U.S.-Canada border. TransCanada joined the litigation to defend the permit approval. U.S. District Judge Brian Morris in Great Falls agreed with the groups’ argument that a 2014 environmental impact assessment fell short of the National Environmental Policy Act and other regulatory standards.
- Bloomberg•12 days ago
Keystone XL Oil Pipeline Progress Halted by U.S. Federal Court
Key InsightsThe 1,179-mile conduit from western Canada to the central U.S. has faced opposition almost since its inception, as environmentalists see it allowing the further expansion of carbon-intensive oil sands production in Alberta. President Donald Trump approved a permit for the pipeline in January 2017, reversing a 2015 decision by his predecessor Barack Obama.The pipeline would help carry 830,000 barrels of crude a day from Alberta to Steele City, Nebraska, where it could then move on to refineries in the central U.S. and Gulf Coast.
- Rigzone.com•13 days ago
Keystone XL Pipeline Project Blocked
TransCanada Corp.'s long-delayed Keystone XL pipeline project was blocked by a Montana federal judge pending further environmental review.
- Motley Fool•20 days ago
TransCanada Corp. to Investors: Funding Secured
The Canadian pipeline giant’s high-octane dividend growth forecast is looking more secure.
Reuters•20 days agoTransCanada eyes joint ventures, sales to fund Keystone XL
"In terms of where we would ultimately end up in terms of equity ownership, I'd give you a range of us retaining somewhere between 25 percent and 49 percent ownership, post bringing in JV partners," said Chief Executive Russ Girling on a conference call. TransCanada said it will start construction on the 670 kilometer (420 miles) gas pipeline in 2019, despite a jurisdictional review by the National Energy Board. The company did not say when it expects to make a final investment decision on Keystone XL, but said it continues to work toward construction on the 830,000 barrel-per-day oil pipeline in 2019 and is looking at all options for financing.
- Reuters•20 days ago
TransCanada eyes joint ventures, sales to fund Keystone XL
"In terms of where we would ultimately end up in terms of equity ownership, I'd give you a range of us retaining somewhere between 25 percent and 49 percent ownership, post bringing in JV partners," said Chief Executive Russ Girling on a conference call. TransCanada said it will start construction on the 670 kilometer (420 miles) gas pipeline in 2019, despite a jurisdictional review by the National Energy Board. The company did not say when it expects to make a final investment decision on Keystone XL, but said it continues to work toward construction on the 830,000 barrel-per-day oil pipeline in 2019 and is looking at all options for financing.
- Associated Press•20 days ago
TransCanada: 3Q Earnings Snapshot
The Calgary, Alberta-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring gains, were 76 cents per share. The results exceeded Wall Street expectations. The ...
- Reuters•20 days ago
TransCanada eyes joint ventures, sales to fund Keystone XL
Canadian pipeline operator TransCanada Corp said on Thursday it is eyeing joint ventures and asset sales, among other options, to finance the construction of its $8 billion Keystone XL crude oil pipeline. "In terms of where we would ultimately end up in terms of equity ownership, I'd give you a range of us retaining somewhere between 25 percent and 49 percent ownership, post bringing in JV partners," said Chief Executive Russ Girling on a conference call. TransCanada said it will start construction on the 670 kilometer (420 miles) gas pipeline in 2019, despite a jurisdictional review by the National Energy Board.
