Increases common share dividend for the twenty-third consecutive year

CALGARY, Alberta, Feb. 14, 2023 (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 “2022 has been a record setting year with continued demand and strong utilization across our systems, which is highlighted by TC Energy’s comparable earnings per common share1 of $4.30 and comparable EBITDA1 of $9.9 billion.” Poirier continued, “Our business remains resilient and is expected to deliver strong comparable EBITDA growth in 2023. We have a defined … Continue Reading

CALGARY, Alberta, Feb. 01, 2023 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced updated cost estimates for the Coastal GasLink Project (the Project). The Project continues to face material cost pressures that include challenging conditions in the Western Canadian labour market; shortages of skilled labour; impacts of contractor underperformance and disputes; as well as other unexpected events like drought conditions and erosion and sediment control challenges.

A comprehensive cost and schedule risk analysis (CSRA) was conducted to assess current market conditions and potential risks and uncertainties facing the remaining … Continue Reading

CALGARY, Alberta, Jan. 24, 2023 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Tuesday, Feb. 14, 2023, to discuss its fourth quarter financial results, which will be released pre-market.

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 … Continue Reading

Reaffirms 2022-2026 outlook and provides update on Coastal GasLink Project

CALGARY, Alberta, Nov. 29, 2022 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day today. During the event we will provide an overview of our corporate strategy and highlight our continued approach to delivering long-term shareholder value as we prudently manage our extensive opportunity set ahead. We are reaffirming our long-term comparable EBITDA growth outlook of six per cent by 2026 and three to five per cent annual dividend growth rate.

“We have an industry-leading $34 … Continue Reading

CALGARY, Alberta, Nov. 22, 2022 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, November 29, 2022.

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 7:55 a.m. EST (5:55 a.m. MST). Interested parties may participate in the webcast available on TC Energy’s website at 2022 Investor Day — Toronto (tcenergy.com).

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

CALGARY, Alberta, Nov. 09, 2022 (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 $0.90 per common share for the quarter ending Dec. 31, 2022, on the Company’s outstanding common shares. The common share dividend is payable on Jan. 31, 2023 to shareholders of record at the close of business on Dec. 30, 2022.

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

Increasing 2022 outlook based on solid execution across our North American portfolio

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its third quarter results today, reporting continued strong performance. “Our portfolio remains resilient despite the economic headwinds facing the broader market,” said TC Energy’s President and Chief Executive Officer, François Poirier. “Demand for our services across our North American portfolio remains high and we continue to see strong utilization, availability, and overall asset performance. Comparable EBITDA1 was 10 per cent higher and segmented earnings 16 per cent higher … Continue Reading

CALGARY, Alberta, Oct. 19, 2022 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Wednesday, Nov. 9, 2022, to discuss its third quarter financial results, which will be released pre-market.

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 … Continue Reading

Project is TC Energy’s first RNG production investment

CALGARY, Alberta, Oct. 17, 2022 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today a $29.3 million investment in a renewable natural gas (RNG) production facility near the Jack Daniel Distillery in Lynchburg, TN. Owned by Lynchburg Renewable Fuels LLC, the facility will produce RNG with a carbon intensity score that is 50 per cent lower than traditional natural gas, saving up to 16,000 tonnes of CO2e/ year. The project is being developed by 3 Rivers Energy Partners, LLC, also an owner … Continue Reading

Future rendering of TC Energy solar farm at Saddlebrook, near Aldersyde, Alta.

CALGARY, Alberta, Oct. 04, 2022 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will begin pre-construction activities of the Saddlebrook Solar Project located near Aldersyde, Alberta. TC Energy is investing $146 million to build its first Canadian solar power project. It has the capacity to generate 81 megawatts, enough energy to power 20,000 homes annually. The initial construction includes installing solar panels on TC Energy property in the local industrial park.

“This is the first utility-scale solar project to be fully developed … Continue Reading

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX: TRP) (NYSE: TRP) (TC Energy or the Company) today announced that it has completed its previously announced public offering (the Offering) of common shares of the Company (the Common Shares).

The Offering was announced on Aug. 4, 2022 when TC Energy entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Scotiabank under which they agreed to purchase from TC Energy and sell to the public 28,400,000 Common Shares. The purchase price of $63.50 per Common Share (the Offering Price) … Continue Reading

CALGARY, AB, Aug. 4, 2022 /CNW/ – TC Energy Corporation (TSX: TRP) (NYSE: TRP) (TC Energy or the Company) today announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Scotiabank, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 28,400,000 common shares of the Company (the Common Shares) at a price of $63.50 per Common Share (the Offering Price), for gross proceeds of approximately $1.8 billion (the Offering). The Common Shares will be offered to the public in Canada and the United States… Continue Reading