TC Energy Corp T.TRP.P.E

Primary Symbol: T.TRP Alternate Symbol(s): TNCAF | TRPEF | T.TRP.PR.A | T.TRP.PR.B | TRPPF | T.TRP.PR.C | TRPRF | T.TRP.PR.D | T.TRP.PR.E | TCENF | T.TRP.PR.F | TCEYF | T.TRP.PR.G | T.TRP.PR.H | TRP | TCANF | T.TRP.PR.I | TCNCF

Energy Oil & Gas Midstream

TC Energy Corporation is a Canada-based energy problem solver working to move, generate and store the energy in North America. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines, Liquids Pipelines and Power and Energy Solutions. The Company's business includes Energy Solutions, Natural Gas, Oil and Liquids and Power and Storage. The Natural Gas business includes its 93,300 kilometers (km) (57,900 miles) network of natural gas pipelines, which supplies more than 25 % of the clean-burning natural gas consumed daily across North America to heat homes, fuel industries and generate power. The Oil and Liquids business has its oil & liquids pipeline infrastructure, approximately 4,900 km, which connects Alberta crude oil supplies to United States refining markets in Illinois, Oklahoma, Texas and the United States Gulf Coast. Its portfolio of energy infrastructure assets includes investments in seven power generation facilities.

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TC Energy Corp > my thinking on split

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Comment by SargeXon Aug 29, 2023 12:41pm

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Post# 35610092

RE:RE:RE:RE:my thinking on split

Hey Ariahp

You're welcome on the response. It certianly is interesting times for TRP.

Just to be clear on what shares you would get with a 3:1 ratio on your 6000 current shares. You'd get 4500 TRP gas side and 1500 new oil side. The gas side is basically the new TRP and will continue to trade as ticker TRP. I strongly think it will be the better of the two and will continue with regular divy increases. The oil side could be ugly and I suspect it will eventually have a divy cut (or as a minimum, no divy increases). I also think there will be selling pressure on the oil side at the time of the split.

I guess we'll see how it all plays out.

Take her easy
Sarge

Ariahp wrote: Hey Sarge:

Thanks for responding to my question. Both of us went trhrough the IPL movie and in hindsight I have done well by convertinl all IPL into PPL.

Anyways so If I have say 6,000 TRP ( I chose the DRIP option) , you speculate that I will get 2,000 oil shares and no Gas shares. That sucks .

I will convert into the gas side at the earliest without hopefully triggering big capital gains. I realize this is speculation, but atleast I have to formulate a strategy.

I only have SU in the oil side and as of late it is doing well. Beyond that I own PPL, KEY , TRP ENB and BNS

Love the combined dividends. Only thing I dont like is the quarterly, it forceses me to budget or rather manage my funds closely......LOL.

I look forward to more discussions on the split scenario.

Take care and Good luck.