CALGARY, Alberta and HOUSTON, March 31, 2020 (GLOBE NEWSWIRE) — – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it will proceed with construction of the Keystone XL Pipeline Project (the Project), resulting in an investment of approximately US$8.0 billion into the North American economy.

“We appreciate the ongoing backing of landowners, customers, Indigenous groups and numerous partners in the U.S. and Canada who helped us secure project support and key regulatory approvals as this important energy infrastructure project is poised to put thousands of people to work, generate substantial economic … Continue Reading

CALGARY, Alberta, March 12, 2020 (GLOBE NEWSWIRE) — Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today announced that its wholly owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has executed an exclusive letter of intent with Tidewater Midstream and Infrastructure Inc. and TransAlta Corporation to purchase the Pioneer Pipeline for $255 million. 

The Pioneer Pipeline consists of 131 km of operating pipeline that, upon closing of the transaction, will be integrated into the NGTL System. The pipeline is located within Alberta and runs from west of Drayton Valley to west of Edmonton. The acquisition is underpinned by … Continue Reading

CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has today filed with Canadian securities authorities:

Audited Consolidated Financial Statements for the year ended December 31, 2019 with related Management’s Discussion and Analysis (Annual Report); and
 

The Company’s Annual Information Form for the year ended December 31, 2019.   

In addition, TC Energy filed its Form 40-F for the year ended December 31, 2019 with the United States Securities and Exchange Commission.

Copies of the filed documents are available at sedar.com, sec.gov (for the Form 40-F) and in the Investors … Continue Reading

CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.81 per common share for the quarter ending March 31, 2020 on the Company’s outstanding common shares.  The common share dividend is payable on April 30, 2020 to shareholders of record at the close of business on March 31, 2020.

The Board also declared quarterly dividends on the Company’s outstanding Cumulative First Preferred Shares as follows:

For the period up to but excluding March 31,

… Continue Reading

CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for fourth quarter 2019 of $1.1 billion or $1.18 per share compared to net income of $1.1 billion or $1.19 per share for the same period in 2018. For the year ended December 31, 2019, net income attributable to common shares was $4.0 billion or $4.28 per share compared to net income of $3.5 billion or $3.92 per share in 2018. Comparable earnings for fourth quarter 2019 were $970 million or $1.03 per … Continue Reading

CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that it has approved two new expansion projects totaling $1.3 billion on its wholly-owned natural gas pipeline systems. The $0.9 billion 2023 NGTL Intra-Basin System Expansion will deliver natural gas from the Western Canadian Sedimentary Basin (WCSB) to markets within Alberta on the NOVA Gas Transmission Ltd. (NGTL) System, while the US$0.3 billion Alberta XPress project will see the expansion of the ANR Pipeline (ANR) to provide a seamless path for Canadian production to access growing LNG export and … Continue Reading

CALGARY, Alberta, Jan. 23, 2020 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Thursday, February 13, 2020 to discuss its fourth quarter and year-end 2019 financial results which will be released pre-market.

Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Vice-President, Strategy and Corporate Development and Chief Financial Officer, and other members of the executive leadership team will discuss the financial results and Company developments at 2:00 p.m. (MST) / 4:00 p.m. (EST).

Members of the investment community and other interested parties are … Continue Reading

CALGARY, Alberta, Dec. 26, 2019 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has entered into an agreement to sell a 65 per cent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project) to KKR and Alberta Investment Management Corporation (AIMCo) on behalf of certain AIMCo clients. Concurrent with the completion of the sale, TC Energy expects that Coastal GasLink will enter into a secured project financing construction credit facility with a syndicate of banks to fund up to 80 per cent of … Continue Reading

CALGARY, Alberta, Dec. 20, 2019 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that 173,954 of its 9,498,423 fixed rate Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) have been elected for conversion on December 31, 2019, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares); and 5,252,715 of its 12,501,577 Series 2 Shares have been elected for conversion, on a one-for-one basis, into Series 1 Shares. As a result of the conversions, TC Energy will have 14,577,184 Series … Continue Reading

CALGARY, Alberta, Dec. 20, 2019 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that its wholly owned subsidiary, TransCanada PipeLines Limited, has filed an application with the Canada Energy Regulator (CER) for approval of a six-year negotiated and unanimously supported settlement with its customers and other interested parties on Canadian Mainline tolls. TransCanada PipeLines Limited has requested timely approval of the unanimous settlement to ensure certainty before terms come into effect in January 2021. 

The Canadian Mainline is comprised of approximately 14,100 kilometres (8,761 miles) of pipeline and associated … Continue Reading

CALGARY, Alberta, Dec. 11, 2019 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that the Board of Directors (Board) of TC Energy declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:

For the period up to but excluding February 28, 2020, payable on February 28, 2020, to shareholders of record at the close of business on January 31, 2020:

Series 11 – $0.2375 per share

Series 13 – $0.34375 per share

Series 15 – $0.30625 per share

These dividends are designated by TC Energy to be … Continue Reading

CALGARY, Alberta, Dec. 02, 2019 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it has notified the registered shareholders of the applicable dividend rates for its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) and its Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares).

As previously announced in the Company’s news release dated November 21, 2019, holders of the Series 1 Shares have the right on December 31, 2019 to convert, on a one-for-one basis, any or all of their Series 1 Shares into … Continue Reading