Benzinga  Jul 20  Comment 
Goldman Sachs reiterated its ratings for several companies, including: Columbia Pipeline Partners LP (NYSE: CPPL): Neutral TC Pipelines, LP (NYSE: TCP): Neutral TransCanada Corporation (USA) (NYSE: TRP): Buy Related Link: Goldman Bullish On...
Benzinga  Jul 20  Comment 
On July 1, TransCanada Corporation (USA) (NYSE: TRP) completed its acquisition of Columbia Pipeline Group Inc (NYSE: CPGX). Goldman Sachs’ Theodore Durbin reinstated coverage of the TransCanada complex. TransCanada TransCanada has been...
Motley Fool  Jul 15  Comment 
The pipeline operator seeks a huge settlement from the Keystone rejection.
Bulk Transporter  Jul 13  Comment 
TRP is expanding its line of all-makes truck, trailer, and bus parts with the addition of TRP Super Heavy Duty A/C Compressors. “The depth of our product line emphasizes the ease of doing business when buying TRP," said Bart Lore, general...
Motley Fool  Jul 12  Comment 
TransCanada, Kinder Morgan, Enterprise Products Partners, MLPX, and Phillips 66 Partners all have what it takes to be a top pipeline stock.
Reuters  Jul 6  Comment 
* Columbia Pipeline Group Inc ratings raised to 'A-' after acquisition by Transcanada; off creditwatch
OilVoice  Jul 1  Comment 
TransCanada Corporation TSXTRP NYSETRP TransCanada the Company today announced the completion of the transaction to acquire all of the outstanding shares of Columbia Pipeline Group Inc. NY
Reuters  Jun 30  Comment 
* Transcanada announces closing conditions satisfied for acquisition of Columbia pipeline group


TransCanada Corporation (TRP)

Business of TransCanada Corp

TransCanada is a leading North American energy infrastructure company focused on Natural Gas Pipelines, Oil Pipelines and Energy. At Year End, Natural Gas Pipelines accounted for approximately 54 per cent of revenues and 51 per cent of TransCanada’s total assets

Natural Gas Pipelines Business

TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and regulated gas storage facilities. TransCanada's network of wholly owned natural gas pipelines extends more than 37,000 miles, and its partially owned natural gas pipelines extend more than 5,500 miles, tapping into virtually all major gas supply basins in North America.


TransCanada's payment of dividends is primarily funded from dividends TransCanada receives as the sole common shareholder of TransCanada PipeLines Limited.

Dividend Reinvestment and Share Purchase Plan

TransCanada has a Dividend Reinvestment and Share Purchase Plan which permits shareholders of TransCanada and preferred shareholders of TCPL, to elect to reinvest their cash dividends in additional Common Shares of TransCanada. These Common Shares may be provided to the participants at a discount to the average market price in the five days before dividend payment. The discount was set at three per cent in 2009 and 2010, and was reduced to two per cent commencing with the dividends declared in February 2011. The discount was set at two per cent for 2008 and was increased to three per cent commencing with the dividend declared in February 2009. Participants may also make additional cash payments of up to $10,000 per quarter to purchase additional Common Shares, which optional purchases are not eligible for any discount on the price of Common Shares. Participants are not responsible for payment of brokerage commissions or other transaction expenses for purchases made pursuant to the Dividend Reinvestment and Share Purchase Plan. [1]


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