Transaction demonstrates TC Energy’s focus on its strategic priorities while facilitating the development of critical energy infrastructure

CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has entered into a binding letter agreement with Nisga’a Nation and Western LNG (the Buyers) regarding the purchase and sale of all outstanding shares in Prince Rupert Gas Transmission Holdings Ltd. and the limited partnership interests in Prince Rupert Gas Transmission Limited Partnership (collectively, PRGT). PRGT is a wholly owned subsidiary of TC Energy and the developer of a natural … Continue Reading

Generates pre-tax cash equity proceeds of approximately $740 million (US$545 million) net to TC Energy

Transaction implies a valuation multiple of approximately 11.0 times 2023 comparable EBITDA1

Progresses toward $3 billion asset divestiture and 4.75 times debt-to-EBITDA2 targets in 2024

CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P. (Énergir), have entered into a purchase and sale agreement to sell Portland Natural Gas Transmission System (PNGTS) to BlackRock, through a fund managed by … Continue Reading

CALGARY, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) — News Release – 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 Dec. 31, 2023 with related Management’s Discussion and Analysis (Annual Report); and

The Company’s Annual Information Form for the year ended Dec. 31, 2023.

In addition, TC Energy filed its Form 40-F for the year ended Dec. 31, 2023 with the United States Securities and Exchange Commission.

Copies of the filed documents are available at sedarplus.ca, sec.gov (for the Form 40-F) and … Continue Reading

CALGARY, Alberta, Feb. 16, 2024 (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 $0.96 per common share for the quarter ending Mar. 31, 2024, on the Company’s outstanding common shares. The common share dividend is payable on Apr. 30, 2024, to shareholders of record at the close of business on Mar. 28, 2024.

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

For the period up to but excluding Mar. 28, 2024,

… Continue Reading

Increases common share dividend for the twenty-fourth consecutive year

CALGARY, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its fourth quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “By remaining focused on a clearly defined set of priorities emphasizing project execution, safety and operational excellence, we delivered record operational performance and financial results. 2023 marks one of the most transformational years for TC Energy – we reached mechanical completion on the Coastal GasLink pipeline project, announced our intention to spin off the Liquids Pipelines … Continue Reading

CALGARY, Alberta, Jan. 26, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, Feb. 16, 2024, to discuss its fourth quarter financial results.

François Poirier, TC Energy President and Chief Executive Officer, Joel Hunter, Executive Vice-President and Chief Financial Officer and other members of the executive leadership team will discuss the financial results and Company developments at 6:30 a.m. MST / 8:30 a.m. EST. 

Members of the investment community and other interested parties are invited to participate by calling 1-800-319-4610. No passcode is … Continue Reading

Government of Ontario outlines next steps on Ontario Pumped Storage Project

TORONTO, Jan. 11, 2024 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it will continue to advance the Ontario Pumped Storage Project (Project) with its prospective partner Saugeen Ojibway Nation, and begin work with the Ministry of Energy (Ministry) and the Ontario Energy Board (OEB), to establish a potential long-term revenue framework for the Project. Further, TC Energy and Saugeen Ojibway Nation will assist with the Ministry’s evaluation of the Project’s broader societal and economic benefits.

This decision comes after … Continue Reading

2023 comparable EBITDA(1) now expected to be ~8 per cent higher than 2022

2024 comparable EBITDA outlook expected to be ~5 to 7 per cent higher than 2023

On track for 4.75x debt-to-EBITDA(2) upper limit by end of 2024

South Bow spinoff expected to maximize the value of the Liquids Pipelines business

CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day today. The event will reaffirm the Company’s long-standing value proposition and demonstrate that, by maximizing its business leadership positions, TC Energy and South … Continue Reading

CALGARY, Alberta, Nov. 21, 2023 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 28, 2023.

Members of TC Energy’s senior executive team will provide an update on TC Energy’s operations, recent developments and strategic outlook.

The event will be webcast (audio with slides) beginning at 8 a.m. EST (6 a.m. MST). Interested parties may view the webcast available on TC Energy’s website at TC Energy 2023 Investor Day – Toronto.

A copy of the presentation and the webcast, which will be archived and accessible … Continue Reading

CALGARY, Alberta, Nov. 08, 2023 (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 $0.93 per common share for the quarter ending Dec. 31, 2023, on the Company’s outstanding common shares. The common share dividend is payable on Jan. 31, 2024, to shareholders of record at the close of business on Dec. 29, 2023.

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

For the period up to but excluding Dec. 29, 2023,

… Continue Reading

CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced on behalf of its Board of Directors (the Board) that John E. Lowe will be appointed as Chair of the Board, effective Jan. 1, 2024.

Delivering on his commitment to align with TC Energy’s revised governance guidelines regarding board commitments as outlined in the 2023 Management Information Circular, Siim A. Vanaselja will step down as Board Chair of the Company effective Dec. 31, 2023. Mr. Vanaselja joined the Board of Directors in 2014 and was appointed as Board Chair … Continue Reading

Comparable EBITDA now expected to be at the upper end of 2023 outlook

CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its third quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “During the third quarter, we made monumental progress on Coastal GasLink and have achieved mechanical completion ahead of our year-end target. The team’s exceptional safety and construction execution on this challenging project means that we have reached 100 per cent pipeline installation, including the successful hydrotesting of the full 670 km pipeline … Continue Reading