QUOTE AND NEWS
Benzinga  8 hrs ago  Comment 
TC PipeLines, LP (NYSE: TCP) (the Partnership) today will acquire the remaining 30 percent interest in Bison Pipeline LLC (Bison) from TransCanada Corporation (TSX:TRP) (NYSE: TRP) (TransCanada) for $215 million. The acquisition is expected to be...
OilVoice  Sep 24  Comment 
GE NYSEGE at Turbomachinery Symposium Houston announced the launch of a new 16.5 megawatt MW gas turbine NovaLT16 for mechanical drive and power generation applications in the oil and gas ind
Reuters  Sep 23  Comment 
TransCanada Corp, Canada's second-largest pipeline operator, said it is reviewing a Quebec court order that has temporarily halted geo-technical survey work related to its C$12 billion ($10.8 billion) Energy East pipeline project.
Benzinga  Sep 23  Comment 
The new GE NovaLT16 gas turbine will provide up to 37 percent mechanical efficiency—raising the standards of efficient and reliable oil and gas applications within the 10-20MW power range. Rated for 16.5MW and 7,800RPM, it is ideally suited...
Market Intelligence Center  Sep 23  Comment 
MarketIntelligenceCenter.com's option-trade picking algorithms have identified an attractive covered-call trade on TransCanada Corp (TRP). Look at the Nov. '14 $55.00 covered call for a net debit in the $52.62 area. This trade has a duration of...
TheStreet.com  Sep 22  Comment 
NEW YORK (TheStreet) -- Shares of TransCanada Corp. closed down 2.08% to $55.02 after the company said that the new cost estimate to build the Keystone XL oil pipeline may rise by up to 85% to $10 billion, according to theaGlobe and...
BusinessWeek  Sep 19  Comment 
For the sixth anniversary of TransCanada's application to build Keystone XL, a list of the most absurd moments so far in the fight over the pipeline
Wall Street Journal  Sep 19  Comment 
Mason Capital Management met with TransCanada Corp. shareholders to gauge interest in shaking up the pipeline operator's corporate structure to boost its stock price, according to a person familiar with the matter.
Benzinga  Sep 19  Comment 
TransCanada Corporation (NYSE: TRP) (TransCanada) today released the following statement in acknowledgement of significant trading activity in TransCanada's common shares. Statement: "TransCanada firmly believes its current corporate form,...




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

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.

Dividends

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]

References

  1. [1]
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki