TC Energy Corporation (TRP.TO)
| Previous Close | 57.33 |
| Open | 56.38 |
| Bid | 53.70 x N/A |
| Ask | 53.71 x N/A |
| Day's Range | 52.93 - 56.45 |
| 52 Week Range | 52.12 - 74.44 |
| Volume | |
| Avg. Volume | 5,764,152 |
| Market Cap | 53.7B |
| Beta (5Y Monthly) | 0.85 |
| PE Ratio (TTM) | 16.52 |
| EPS (TTM) | 3.25 |
| Earnings Date | Feb 14, 2023 |
| Forward Dividend & Yield | 3.60 (6.24%) |
| Ex-Dividend Date | Dec 29, 2022 |
| 1y Target Est | 63.58 |
- The Canadian Press
TC Energy raises expected cost of Coastal GasLink project to $14.5 billion
CALGARY — The estimated cost of the Coastal GasLink pipeline has increased by 29 per cent to $14.5 billion, as the company behind the project continues to be dogged by unexpected construction issues and rising labour costs. Calgary-based TC Energy Corp. released the new price tag, up from an earlier estimate of $11.2 billion, for the project on Wednesday. The $11.2-billion figure, announced by the company last July, was itself a significant increase from an earlier cost projection of $6.6 billio
- Bloomberg
TC Energy Pipe to LNG Site Sees Costs Soar to $10.9 Billion
(Bloomberg) -- The price tag for TC Energy Corp.’s Coastal GasLink project has jumped to C$14.5 billion ($10.9 billion) — more than double the original estimate — as labor woes plague a pipeline that will supply Canada’s first major liquefied natural gas export plant.Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesNational Archives Releases Records Tied to Trump Classified DocumentsAdani Stock Crash at $92 Billion as Collateral Worries GrowIntel Slashing CEO, Managers’ Pa
- Reuters
UPDATE 2-TC Energy raises Coastal GasLink pipeline costs by 30% to over $10 bln
North American pipeline firm TC Energy Corp said on Wednesday it now estimates costs for completion of its troubled Coastal GasLink project to be C$14.5 billion ($10.89 billion), as it faces skilled labor crunch and adverse weather conditions. First announced in 2018, the 670-km (416-mile) pipeline will transport natural gas to the Shell Plc-led LNG Canada facility on the west coast of British Columbia, Canada's first LNG export terminal. The long-delayed pipeline is expected to be integral to Canada's contribution to the global liquefied natural gas (LNG) market, which has seen demand surge as Europe and Asia seek alternatives to Russian energy imports.
