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|Bid||39.65 x 1100|
|Ask||39.69 x 800|
|Day's Range||39.50 - 40.38|
|52 Week Range||32.37 - 57.92|
|Beta (5Y Monthly)||0.69|
|PE Ratio (TTM)||14.24|
|Earnings Date||Feb 09, 2017 - Feb 13, 2017|
|Forward Dividend & Yield||2.43 (6.06%)|
|Ex-Dividend Date||Sep 29, 2020|
|1y Target Est||54.51|
NEW YORK, NY / ACCESSWIRE / October 29, 2020 / TC Energy Corp.
TC Energy (TRP) delivered earnings and revenue surprises of 2.90% and 4.33%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
The Coastal Gaslink pipeline, which will deliver natural gas from Montney to LNG Canada's liquefaction facility under construction near Kitimat, British Columbia, has faced opposition from environmentalists. The construction of Coastal Gaslink was expected to cost over $6.6 billion, and once the pipeline was in operation, an additional $42 million was forecast to be spent each year. TC Energy also reiterated that its controversial Keystone XL pipeline, which has been delayed for more than a decade due to opposition from landowners, environmental groups and tribes, would be placed in service in 2023.