TC Energy Corp T.TRP

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

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.

TSX:TRP - Post by User

TC Energy Corp > couple comments on spinoff

<< Previous

Bullboard Posts

Next >>

Comment by SargeXon Oct 11, 2024 11:59am

187 Views

Post# 36262767

RE:RE:RE:couple comments on spinoff

Hey CSC

Holy moly, congrats on such a well timed big purchase. I hope the take-over idea works out. Even if it doesn;t. that some huge paper gains you're sitting on. Certainly must be tempting to trim a bit if/when it gets back over $33-34.

Take her easy
Sarge

TeamCommonSense wrote: Hey Sarge!

I get all of your reasoning points and agree with most of them. I too am concerned that SOBO directors may decide to cut the dividend down the road ... but hope it is not too soon. As you know, I added biggly to our new position in SOBO ... buying all of our shares (except for the spinoff shares) before the official launch on 02 Oct. ... so 4,600 shares were bought with an ACB of about $28.59 ... not too shabby!

My main expectation is that the entity will be bought out ... and my gamble is that it will be bought out before the head honchos decide to cut the dividend. Will I be right? Or will I be wrong? Check back in two years and let's find out! LOL!

All the best to you and your wife!

Cheers, CanSiamCyp