Benzinga  Jul 28  Comment 
Credit Suisse on Monday downgraded TransCanada (NYSE: TRP) from Outperform to Neutral and reiterated the $58 price target. The downgrade comes as Credit Suisse sees poor risk-reward going into quarterly results, most likely driven by declines...
TheStreet.com  Jul 1  Comment 
NEW YORK (TheStreet) -- Shares of TransCanada Corp.  are down slightly in early morning trade as the company faces a new regulatory hurdle and potentially more legal challenges in its effort to build the Keystone XL pipeline, the Financial Post...
Motley Fool  Jun 30  Comment 
The Keystone pipeline has been stalled in government red tape for years, but oil concerns related to the faltering Iraqi state could tip that balance.
Benzinga  Jun 30  Comment 
In a note released Monday, Citi analyst Faisel Khan upgraded shares of TransCanada (NYSE: TRP) from Neutral to Buy and raised the price target from $51 to $61. The upgrade comes amid a potential breakup of the company. According to Khan,...
Motley Fool  Jun 26  Comment 
TC Pipelines was replaced in the Alerian MLP Infrastructure Index last week, could this be a buying opportunity?
Motley Fool  Jun 25  Comment 
There's much more to TransCanada than the controversial Keystone XL project.
TheStreet.com  Jun 19  Comment 
NEW YORK (TheStreet) -- Shares of TransCanada Corp. (USA)  are up 0.72% to $47.50 in pre-market trade as the growing crisis in Iraq refocuses the debate over U.S. energy policy, as supporters of the Keystone XL pipeline say the project has to...
Motley Fool  Jun 17  Comment 
An updated analysis from the State Department estimates that not approving TransCanada’s Keystone XL pipeline will lead to more than four times the injuries and deaths previously estimated.


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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