TC PipeLines, LP Common Units representing Limited Partner Interests (TCP) News

TC PipeLines, LP Common Units representing Limited Partner Interests (TCP): $30.21

0.49 (+1.65%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

B

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Industry: MLPs - Oil & Gas

Industry

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TCP News Results

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TCP News Highlights

  • TCP's 30 day story count now stands at 28.
  • Over the past 21 days, the trend for TCP's stories per day has been choppy and unclear. It has oscillated between 1 and 8.
  • TC, TRP and GTN are the most mentioned tickers in articles about TCP.

Latest TCP News From Around the Web

Below are the latest news stories about Tc Pipelines Lp that investors may wish to consider to help them evaluate TCP as an investment opportunity.

TC PipeLines, LP and TC Energy complete merger

CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy), and TC PipeLines, LP (NYSE:TCP) (TCP) today announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement and Plan of Merger dated December 14, 2020. The Merger resulted in TC Energy acquiring all of the outstanding publicly-held common units of TCP and TCP becoming an indirect, wholly owned subsidiary of TC Energy. “We are pleased to have received majority unitholder approval of the merger of TC PipeLines into TC Energy,” said François Poirier, TC Energy’s President and Chief Executive Officer. “The merger will simplify and streamline our corporate structure and increase TC Energy’s ownership in its core portfolio of critical energy infrast...

Yahoo | March 3, 2021

TC Energy (TRP) Gets Approval to Acquire TC Pipelines for $1.68B

TC Energy (TRP) receives approval for the acquisition of TC PipeLines, which will provide the latter's unitholders with 0.70 common shares of TC Energy for each unit held.

Yahoo | March 2, 2021

TortoiseEcofin Announces Constituent Changes Due to Merger and Acquisition Activity

LEAWOOD, KS / ACCESSWIRE / March 1, 2021 / TortoiseEcofin today announced that TC Pipelines, LP (NYSE:TCP) will be removed from the Tortoise MLP Index® (TMLP) and the Tortoise North American Pipeline IndexSM (TNAP) as a result of the approved merger with a wholly owned subsidiary of TC Energy Corporation (NYSE:TRP). Due to the merger, TCP will be removed from both indices at market open on Wednesday, March 3, 2021.

Yahoo | March 2, 2021

RBC Capital Stick to Their Buy Rating for TC Pipelines By Investing.com

RBC Capital Stick to Their Buy Rating for TC Pipelines

Investing.com | February 25, 2021

TC PipeLines, LP announces 2020 fourth quarter and year-end financial results

HOUSTON, Feb. 24, 2021 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported fourth quarter 2020 net income attributable to controlling interests of $74 million and distributable cash flow of $76 million for the three months ended December 31, 2020. For the year ended December 31, 2020, net income attributable to controlling interests was $284 million and distributable cash flow was $255 million. “The Partnership’s diversified portfolio of regulated, long-term contracted assets performed well in 2020 and generated solid operational results,” said Nathan Brown, president of TC PipeLines, GP Inc. "With the COVID-19 pandemic front and center, our energy transportation services were deemed essential given the critical role our assets play in the functioning of th...

Yahoo | February 24, 2021

TC PipeLines Q4 2020 Earnings Preview

TC PipeLines (NYSE:TCP) is scheduled to announce Q4 earnings results on Wednesday, February 24th, before market open.The consensus EPS Estimate is $1.02 (+7.4% Y/Y) and the consensus Revenue Estimate is $148.94M (+43.2% Y/Y).Over the last 1 year, TCP has beaten EPS estimates 75% of the time and has beaten revenue...

Seeking Alpha | February 23, 2021

TC PipeLines Factors Likely to Have Influenced Earnings Results Stock market Insights & financial analysis

TC PipeLines announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…

Stock Market Daily | February 23, 2021

Energy Income Partners, LLC Comments on TC PipeLines, LP Supplemental Disclosures to the Merger Proxy Statement/Prospectus, Maintains Its Intent to Vote Against Proposed Merger with TC Energy Corporation

Today, Energy Income Partners ("EIP") sent a supplemental letter to the Board of Directors of the general partner of TC PipeLines, LP (NYSE: TCP) supporting its objections to and its intent to vote AGAINST the proposal to approve and adopt the Merger Agreement with TC Energy Corporation (NYSE: TRP). EIP is the largest non–affiliated unitholder of TCP, owning more than 10% of the units outstanding and has maintained a position in the company for nearly 15 years.

Yahoo | February 23, 2021

TC Energy refuses to raise bid for TC PipeLines

TC Energy Corp. says it has no intention of again sweetening its bid to buy out the other unitholders of TC PipeLines LP, a U.S. master limited partnership it operates.

Global News Canada | February 22, 2021

TC Energy refuses to raise bid for TC PipeLines despite unitholder criticism

CALGARY — TC Energy Corp. says it has no intention of again sweetening its bid to buy out the other unitholders of TC PipeLines LP, a U.S.

Midland Today | February 22, 2021


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