TRP completes ANR Pipeline repairs in Michigan, restoring natural gas to more than 5,200 homes after third-party damage caused outage.
TRP rules out divesting or converting its vital Canadian Mainline pipeline, reaffirming commitment amid energy security concerns.
TRP shuts down ANR pipeline system over a leakage identified near Fennville, MI, which transports over 10 billion cubic feet of gas per day.
TC Energy on Wednesday shut down a part of its ANR pipeline system due to a leak near Fennville, Michigan, causing a natural gas outage in the region.
TC Energy (TRP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Tower Resources PLC (AIM:TRP) has entered into an agreement for a £500,000 bridge loan with Prime Resources Limited. The loan has a term of up to 12 months and is convertible into shares at a fixed price (at 0.0588p, a premium of around 100% to the recent average share price).
TRP projects a 40 bcf/d growth in North America's gas demand over the next decade, fueling plans to expand its pipeline network.
The CEO of Canadian pipeline company TC Energy Corp. said it continues to favor the U.S. over Canada when it comes to capital investment, even as trade tensions between the two countries escalate.
I believe a long-term rotation from growth to value stocks is underway. U.S. growth stocks are historically expensive, while international value stocks offer better risk/reward. My thesis is supported by data showing growth stocks' underperformance and value stocks' resurgence. This shift is driven by stretched valuations and changing market dynamics. I'm focusing on undervalued dividend stocks with strong fundamentals. These picks align with my strategy of prioritizing income, safety, and long-term growth potential.
TC Energy Corporation's new 7% hybrid bonds offer a solid yield position, with a 7.10% yield to call and a 7.03% current yield. These bonds are junior to regular debt, rank with preferred shares, and have a 40-year maturity, but are likely to be redeemed in 10 years. The reset spread and spread to intermediate-term investment grade bonds are both very attractive.
TRP anticipates its 2025 comparable EBITDA to be in the range of C$10.7-C$10.9 billion, with net Capex between C$5.5 billion and C$6 billion.
Investors looking for stocks in the Alternative Energy - Other sector might want to consider either Clearway Energy (CWENA) or TC Energy (TRP). But which of these two stocks offers value investors a better bang for their buck right now?