TransCanada sells stakes in two gas pipelines to TC Pipeline for $765M [Seeking Alpha]
TC Energy Corporation (TRP)
Last tc energy corporation earnings: 5/1 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
transcanada.com/en/investors
Company Research
Source: Seeking Alpha
TransCanada (NYSE: TRP ) agrees to sell its remaining 49.3% interest in Iroquois Gas Transmission System and an 11.8% stake in Portland Natural Gas Transmission System to TC Pipelines (NYSE: TCP ) for $765M. TRP says the deal value consists of $597M in cash and the assumption of $168M in proportionate debt at Iroquois and PNGTS. The Iroquois pipeline transports natural gas under long-term contracts and extends from the TransCanada Mainline system near Waddington, N.Y., to markets in the U.S. northeast; the PNGTS interstate natural gas pipeline starts near Westbrook, Me., and ends near Boston. TRP already sold a 49.9% stake in PNGTS to its TC Pipelines MLP in January 2016; through its subsidiaries, TRP owns a ~26% in TCP. Now read: What To Make Of Kinder Morgan's Earnings Miss »
Show less
Read more
Impact Snapshot
Event Time:
TRP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRP alerts
High impacting TC Energy Corporation news events
Weekly update
A roundup of the hottest topics
TRP
News
- TFSA Pension: How to Earn $4,750 Per Year in Tax-Free Income [Yahoo! Finance Canada]Yahoo! Finance Canada
- Brian Madden's Top Picks: May 10, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- The answer to AI's energy needs could be blowing in the wind [Verge, The]Verge, The
- Industry Exec: Data Centers Will Drive Demand for Natural Gas [Yahoo! Finance]Yahoo! Finance
- TC Energy (TRP) Q1 Earnings Increase Y/Y, Sales Beat Estimates [Yahoo! Finance]Yahoo! Finance
TRP
Earnings
- 5/3/24 - Beat
TRP
Sec Filings
- 5/3/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/16/24 - Form 6-K
- TRP's page on the SEC website