Earnings
May 20, 2018 - FRU
New! Freehold Royalties Ltd - Q1-2018 Earnings & Price Trend Update .....
May 18, 2018 - ARX
New! Arc Resources Inc. Q1-2018 Earnings & Price Trend Upate .....
May 18, 2018 - EXE
New! Extendicare Inc. - Q1-2018 Earnings & Price Trend Update .....
May 15, 2018 - NFI
NFI Group Inc. Q1-2018 Earnings & Price Trend Update .....
May 14, 2018 - DR
Medical Facilities Corp. Q1-2018 and Price Trend Update .....
May 13, 2018 - ENF
Enbridge Income Fund Holdings Inc. Q1-2018 Earnings & Price Trend Update .....
May 11, 2018 - ENB
Enbridge Inc. Q1-2018 Earnings & Price Trend Update .....
May 10, 2018 - KEY
Keyera Corp - Q1-2018 Earnings & Price Trend Update .....
Recommendation Changes
KWH.UN, ALA, PZA, DRG.UN, MIC(US), more...

TransCanada Corporation - Price Target Update

This is only a sample of the article, please login to view the entire article

TransCanada Corporation (TRP-TSX) is a North American energy infrastructure company with total assets of $88.6B as of Mar-31-2017 compared to $64.4B at Dec-31-2015. The acquisition of Columbia Pipeline Group (CPGX-NYSE.) on Jul-1-2016 added $20B. Their largest business segment is now US natural gas pipelines. Up to Dec-31-2016 they operated in three main segments; the largest is natural gas pipelines contributing 65% of earnings, liquids pipelines – 20% and power generation at 15%. The natural gas pipeline segment is comprised of network of 91,500KM (56,900 miles) of natural gas pipelines supplying more than 25% of the natural gas consumed daily across North America. This pipeline network strategically connects growing supply to key markets across Canada, the U.S. and Mexico. They are also North America's largest provider of natural gas storage, with 653B bcf of regulated and unregulated storage capacity.

Going forward the business will be reorganized from the three segments to five. As a result of the acquisition of Columbia on Jul-1-2016 and the pending sale of the U.S. Northeast power business, their business will be organized into the following segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines and Energy. They operate in seven Canadian provinces, 38 U.S. states and Mexico.

Oil pipelines include the 4,300km (2,700-mile) Keystone Pipeline System that transports 545,000 bbl/d of crude oil or approximately 20% of western Canadian exports to key refinery markets in the U.S., Midwest and Gulf Coast where it is converted into fuel and other useful petroleum products. Keystone commenced operation in Jun-2010.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
May 18, 2018
New! Coverage Universe - Weekly Price Changes May 11-18, 2018
May 17, 2018
New! Intact Financial Corp. 4.9% Rate Reset Preferred Share New Issue
May 17, 2018
New! Emera Inc. 4.9% Minimum Rate Reset Preferred Shares New Issue
May 12, 2018
Coverage Universe - Weekly Price Changes May 4--11, 2018
May 5, 2018
Coverage Universe - Weekly Price Changes Apr 27-May 4, 2018
April 27, 2018
Coverage Universe - Weekly Price Changes Apr 20-27, 2018
April 20, 2018
Coverage Universe - Weekly Price Changes Apr 13-20, 2018
April 13, 2018
Coverage Universe - Weekly Price Changes Apr 6 - Mar 13, 2018