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TransCanada Corp (TRP)

TRP on New York Consolidated

50.26USD
21 Nov 2017
Change (% chg)

$0.64 (+1.29%)
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$49.62
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Latest Key Developments (Source: Significant Developments)

Canada energy minister: Keystone has secured all required approvals
Monday, 20 Nov 2017 12:31pm EST 

Nov 20 (Reuters) - Transcanada Corp :Canada energy minister says with Nebraska decision, Keystone XL pipeline "has now secured all the required approvals in both Canada and the U.S".Canada energy minister says Keystone XL project "bolsters North American energy security and economic competitiveness".Canada energy minister says Nebraska Keystone approval will result in jobs on both sides of Canada–U.S. border.  Full Article

TransCanada says needs U.S. approval to restart shut Keystone pipeline
Friday, 17 Nov 2017 12:30pm EST 

Nov 17 (Reuters) - TransCanada Corp :Says needs approval from U.S. authorities to restart Keystone pipeline shut after spill in Amherst, South Dakota.  Full Article

TransCanada responds to oil leak in Amherst, South Dakota
Thursday, 16 Nov 2017 03:28pm EST 

Nov 16 (Reuters) - TransCanada Corp ::TransCanada responds to oil leak in Amherst, South Dakota.Safely shut down keystone pipeline at about 6 a.m. CST after drop in pressure was detected in operating system resulting from an oil leak.Estimated volume of leak is approximately 5,000 barrels​.Pipeline from Hardisty, Alberta to Cushing, Oklahoma and to Wood River/Patoka, Illinois expected to remain shut down.Shutdown ‍does not affect marketlink pipeline system that uses facilities of southern leg of Keystone System from cushing to Gulf Coast​.  Full Article

Transcanada says it has adequate commercial support for Keystone XL pipe
Thursday, 9 Nov 2017 11:44am EST 

Nov 9 (Reuters) - Transcanada Corp :Says it has adequate commercial support for Keystone XL pipeline, just needs to work out terms.  Full Article

Transcanada reports Q3 EPS c$0.70
Thursday, 9 Nov 2017 07:30am EST 

Nov 9 (Reuters) - Transcanada Corp :Transcanada reports solid third quarter 2017 financial results; diversified, low-risk business strategy continues to drive performance.Q3 non-GAAP earnings per share c$0.70.Q3 earnings per share c$0.70.Q3 earnings per share view c$0.70 -- Thomson Reuters I/B/E/S.Qtrly ‍​ revenues $3,242 million versus $3,632 million.‍Expect an estimated $1 billion after-tax non-cash charge will be recorded in Q4 2017​.‍Expect to bring $1.6 billion Leach Xpress Project in service in early January 2018​.‍Reviewing approximate $1.3 billion carrying value of projects, including AFUDC capitalized since inception​.‍Looking forward, anticipate continued "solid" performance as over 95 pct EBITDA is expected from regulated or long-term contracted assets​.All currencies are Canadian ‍​.  Full Article

TransCanada presses Alberta to buy Keystone capacity - Bloomberg
Thursday, 2 Nov 2017 09:47am EDT 

Nov 2 (Reuters) - :Transcanada Corp is pressing the Alberta government to buy capacity in its Keystone XL pipeline - Bloomberg, citing sources.  Full Article

Transcanada announces agreement to sell Ontario Solar Portfolio
Wednesday, 25 Oct 2017 09:00am EDT 

Oct 25 (Reuters) - Transcanada Corp :Transcanada announces agreement to sell Ontario Solar Portfolio.Deal for ‍for approximately $540 million​.‍Entered agreement to sell Ontario Solar Portfolio comprised of 8 facilities with generating capacity of 76 mw to Axium Infinity Solar LP​.‍Proceeds from sale of Ontario Solar Portfolio will help fund co's $24 billion near term capital program​.  Full Article

Transcanada says Keystone pipeline operations back to normal
Wednesday, 18 Oct 2017 04:10pm EDT 

Oct 18 (Reuters) - TransCanada Corp :Spokesman says 590,000 bpd Keystone pipeline back to operating as normal after being shut down for a few hours.  Full Article

Canada says conditions changed since TransCanada proposed Energy East
Thursday, 5 Oct 2017 10:49am EDT 

Oct 5 (Reuters) - Canada Energy Minister Jim Carr says conditions have changed since Transcanada Corp :First proposed Energy East, which now represents additional capacity.Canada energy minister says cannot predict where markets will go in future, government's job is to ensure people have confidence in regulatory system.Canada energy minister says natural resource sector vital for growth, not happy that 99 percent of its oil exports go to U.S..  Full Article

TransCanada announces termination of Energy East pipeline and Eastern Mainline projects
Thursday, 5 Oct 2017 07:30am EDT 

Oct 5 (Reuters) - TransCanada Corp : :TransCanada announces termination of Energy East pipeline and Eastern Mainline projects.TransCanada Corp - ‍will no longer be proceeding with its proposed Energy East pipeline and Eastern Mainline projects​.TransCanada - reviewing about $1.3 billion carrying value, including allowance for funds used during construction (AFUDC) capitalized since inception​.TransCanada Corp - ‍expects an estimated $1 billion after-tax non-cash charge will be recorded in Q4 results​.  Full Article

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South Dakota regulators say they could revoke Keystone permit after spill

WASHINGTON South Dakota regulators said on Tuesday they could revoke TransCanada Corp's permit to operate the Keystone crude oil pipeline in the state if an initial probe into last week's spill finds the company violated its license.