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TC Energy Corp T.TRP.PR.H


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

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.


TSX:TRP - Post by User

Post by autofocus111on Oct 27, 2023 4:24pm
405 Views
Post# 35704945

More asset sales coming

More asset sales comingI wasn't expecting the Mexican assets to be on the list.

>>>The Calgary-based company is working on a the sale of a minority stake in the ANR Pipeline Co., which it has ascribed an enterprise valuation of about $3 billion, said the people, who asked not to be identified because they weren’t authorized to speak publicly. TC is also looking at selling a minority of its Mexican operation, which has annual earnings before interest, taxes, depreciation and amortization of about $600 million. Other potential transactions include a controlling stake in the Portland Natural Gas Transmission System and a significant minority stake in the Millennium Pipeline, both of which have enterprise values of more than $1 billion, the people said.

https://finance.yahoo.com/news/tc-energy-exploring-stake-sales-193402582.html
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