Welcome to our dedicated page for Tc Energy Corporation news (Ticker: TRP), a resource for investors and traders seeking the latest updates and insights on Tc Energy Corporation stock.
TC Energy Corporation (TRP) operates critical energy infrastructure across North America, including natural gas pipelines, oil transportation networks, and power generation facilities. This page aggregates official company announcements, regulatory updates, and strategic developments for investors and industry observers.
Access timely updates on earnings reports, infrastructure projects, and operational milestones directly from the source. Our curated collection ensures you stay informed about pipeline safety initiatives, regulatory compliance actions, and market expansion efforts without promotional bias.
Content includes press releases covering capital investments, environmental stewardship programs, and partnership announcements. Bookmark this page for continuous access to TRP's latest financial disclosures, maintenance updates, and energy transition strategies shaping North America's energy landscape.
Nikola Corporation and TC Energy have entered into a strategic collaboration to develop hydrogen infrastructure for zero-emission heavy-duty trucks. This partnership aims to establish hydrogen production hubs in the U.S. and Canada to support Nikola's hydrogen fuel needs, targeting the production of 150 tonnes of hydrogen daily. The collaboration will utilize TC Energy's existing assets to enhance efficiency and reduce costs. Both companies are committed to minimizing carbon intensity in hydrogen production, integrating renewable energy and carbon capture methods.
Nikola Corporation (NKLA) and TC Energy (TRP) have announced a collaboration to co-develop large-scale hydrogen production facilities in the U.S. and Canada. This partnership aims to produce over 150 tonnes of hydrogen daily near major trucking corridors, supporting the fuel needs for Nikola's Class 8 FCEVs. The collaboration also focuses on reducing the carbon intensity of hydrogen through renewable energy and carbon capture technologies. The two companies intend to leverage existing infrastructure to enhance hydrogen distribution, facilitating the adoption of zero-emission vehicles.
TC Energy Corporation (TSX, NYSE: TRP) has announced a shift in the payment dates for its Cumulative First Preferred Shares due to the newly established Canadian federal holiday on September 30, 2021. The payment date is now set for September 29, 2021. Adjustments have also been made to the dividend amounts for Series 2 and Series 4, with Series 2 decreasing from $0.12785479 to $0.12646507 per share, and Series 4 from $0.08752603 to $0.08657466 per share. Shareholders of record on August 31, 2021 will receive dividends for the period ending September 29, 2021.
EDP Renewables (EDPR) and TC Energy (TRP) have signed a 15-year power purchase agreement for the Sharp Hills Wind Farm, a 297-MW project in Alberta, expected to start operating in 2023. This agreement will generate electricity for over 164,000 homes and create around 300 construction jobs, plus 15-20 permanent positions. The deal represents Alberta's largest wind power purchase agreement, enhancing TC Energy's renewable energy portfolio and promoting economic growth in local communities while supporting sustainable energy goals.
On August 12, 2021, TC Energy (TSX: TRP) and Irving Oil announced a memorandum of understanding (MOU) to collaborate on energy projects aimed at reducing greenhouse gas emissions in New Brunswick and Atlantic Canada. The partnership will focus on upgrading Irving's Saint John refinery to lower emissions and explore low emission hydrogen production. Previous projects, like the Grandview Cogeneration plant, led to significant reductions in greenhouse gases. This initiative aims to create jobs and drive sustainable growth in the region.
TC Energy Corporation (NYSE: TRP) and Irving Oil have signed a memorandum of understanding to explore joint energy projects aimed at reducing greenhouse gas emissions in New Brunswick and Atlantic Canada. The partnership will focus on upgrading Irving Oil's refinery and developing technologies for low emission hydrogen production and carbon capture. This collaboration aims to lower regional emissions and create economic opportunities. The preliminary projects will hinge on feasibility studies and regulatory approvals.
TC Energy Corporation (TRP) has declared a quarterly dividend of $0.87 per common share for the quarter ending September 30, 2021, payable on October 29, 2021. Shareholders of record by September 30, 2021 will receive this dividend. Additionally, dividends for Cumulative First Preferred Shares have been announced, ranging from $0.08752603 to $0.30625 per share, with varying payment dates. These dividends are eligible under the Income Tax Act (Canada), offering enhanced tax credits to Canadian residents.
TC Energy Corporation reported a net income of $982 million or $1.00 per share for Q2 2021, down from $1.3 billion or $1.36 per share in the same period in 2020. Comparable earnings increased to $1.0 billion or $1.07 per share. The company declared a quarterly dividend of $0.87, annualized at $3.48. TC Energy is advancing a $21 billion capital program, with a recent $0.7 billion project sanctioned to reduce emissions. Despite challenges, they expect comparable earnings for the full year to remain consistent with last year's record.
TC Energy Corporation (TRP) announced an agreement with the Department of National Defence for a 1,000-megawatt clean energy storage project in Ontario. This initiative is projected to generate over $250 million in annual savings for consumers and create approximately 1,000 jobs during construction. The project aims to cut greenhouse gas emissions by 490,000 tonnes and is expected to provide a total of $12.1 billion in energy cost benefits. It remains subject to regulatory approvals and consultations with Indigenous communities.
TC Energy Corporation (NYSE: TRP) announced a teleconference set for July 29, 2021, at 9 a.m. MDT to discuss its second quarter financial results, which will be released before the market opens. The leadership team, including President François Poirier and CFO Don Marchand, will provide insights on company developments. Interested parties can join by calling 1-800-319-4610 or via a live webcast on TC Energy's website. A replay will be available after the call until August 5, 2021.
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