TRP - TransCanada Corporation
| Previous Close | 46.74 |
| Open | 46.75 |
| Bid | 46.76 x 800 |
| Ask | 46.77 x 1800 |
| Day's Range | 46.35 - 46.83 |
| 52 Week Range | 34.58 - 46.95 |
| Volume | 1,586,859 |
| Avg. Volume | 1,390,175 |
| Market Cap | 43.214B |
| Beta (3Y Monthly) | 1.00 |
| PE Ratio (TTM) | 16.82 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.24 (4.98%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | N/A |
Associated Press•19 hours agoState 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.
- Morningstar•yesterday
Executive Orders More Symbolic Than Material for Pipelines
President Donald Trump has issued two executive orders addressing state-driven delays in oil and gas pipeline approvals. Executive orders are more limited than actual laws, as they are only binding for employees of federal agencies, whereas laws are ratified by Congress and apply to all U.S. citizens, private companies, and nonfederal agencies. The distinction is important, because Trump is trying to expedite pipeline approvals that are being blocked by the states via permit denials and delays, resulting in a variety of court battles.
- Zacks•5 days ago
Marathon Petroleum to Buy Noco Express' Terminal & Stores
Marathon Petroleum's (MPC) acquisition of 33 out of NOCO's 39 stores will expand its presence in the western New York.
- Motley Fool•7 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.
- Zacks•9 days ago
Shell to Leave Baltic LNG Partnership with Gazprom in Russia
Shell's (RDS.A) decision to leave the Baltic LNG project is not expected to affect its other developments with Gazprom.
- Zacks•9 days ago
The Zacks Analyst Blog Highlights: Energy Transfer, Williams, Cabot Oil and Gas, Duke Energy and TransCanada
The Zacks Analyst Blog Highlights: Energy Transfer, Williams, Cabot Oil and Gas, Duke Energy and TransCanada
- Zacks•9 days ago
Is Williams' (WMB) Jackalope Deal With Crestwood a Win-Win?
The latest deal between Williams (WMB) and Crestwood is well in sync with the companies' business plans, thereby enhancing the sustainability of high-yield payouts of both the firms.
- Zacks•10 days ago
Here's Why You Should Offload MPLX Stock from Your Portfolio
MPLX's balance sheet weakness, surging costs and weak Utica operations are plaguing its future growth potential.
- Zacks•10 days ago
Will Trump's Orders Revamp the U.S. Pipeline Industry?
Making good on his campaign promises, Trump is likely to overhaul some environmental permits to mitigate the roadblocks on energy infrastructural development.
- Zacks•10 days ago
TransCanada (TRP) Hits Fresh High: Is There Still Room to Run?
TransCanada (TRP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- Motley Fool•12 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.
- Zacks•12 days ago
Is TransCanada Eyeing to Divest Columbia Midstream Unit?
TransCanada (TRP) is reportedly exploring a potential sale of Columbia pipeline unit to fund the $8-billion capital spending targeted for 2019.
Associated Press•14 days agoPipeline 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.
- Reuters•15 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.
- Zacks•15 days ago
Top Ranked Growth Stocks to Buy for April 5th
Top Ranked Growth Stocks to Buy for April 5th
- Zacks•15 days ago
Will TransCanada (TRP) Beat Estimates Again in Its Next Earnings Report?
TransCanada (TRP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
GuruFocus.com•16 days ago6 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.
- Moody's•17 days ago
TransCanada American Inv. Ltd. -- Moody's Downgrades TransCanada PipeLines to Baa1; Outlook stable
Moody's Investors Service ("Moody's") today downgraded the senior unsecured ratings of TransCanada PipeLines Limited (TCPL) to Baa1 from A3. At the same time, Moody's downgraded other issuers within the family including TransCanada Corporation's (TransCanada) issuer rating to Baa2 from Baa1, Nova Gas Transmission Ltd.'s (NGTL) senior unsecured rating to Baa1 from A3, TransCanada Trust's subordinated unsecured notes to Baa3 from Baa2.
- Zacks•17 days ago
Oil & Gas Stock Roundup: Good News for TransCanada, Enbridge
Bringing in pleasant news for TransCanada (TRP), Donald Trump issued a new presidential permit in an attempt to kick-start the much-delayed Keystone XL project.
- Zacks•17 days ago
6 Top-Ranked Stocks to Ensure a Recession-Proof Portfolio
Here we pick 6 top-ranked stocks that are good investment opportunities during a slowdown.
- Morningstar•17 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.
- Oilprice.com•19 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
- Zacks•19 days ago
Will TransCanada's Keystone Pipeline See the Light of Day?
While the issuance of presidential permit paves way for the commencement of TransCanada's (TRP) Keystone pipeline's preliminary work, the firm still needs to overcome a few other challenges.
- Bloomberg•21 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.
Reuters•22 days agoTrump 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.
