Keystone Pipeline

TC Energy reports record 2023 operating and financial results driven by solid execution

Retrieved on: 
Friday, February 16, 2024

Driven by solid execution throughout 2023, our unparalleled asset base continued to generate strong operational and financial results, delivering record comparable EBITDA and comparable earnings per common share.

Key Points: 
  • Driven by solid execution throughout 2023, our unparalleled asset base continued to generate strong operational and financial results, delivering record comparable EBITDA and comparable earnings per common share.
  • Our collective efforts in 2023 continued to set the stage for a transformative period for TC Energy.
  • Guided by a clear set of strategic priorities for 2023, including project execution, enhancing balance sheet strength, and maximizing the value of our asset base, TC Energy was successful in delivering on our commitments.
  • Throughout fourth quarter 2023, we continued to see strong, sustained demand for our assets and services that further supported the delivery of record results.

TC Energy reports strong third quarter 2023 operating and financial results and achieves mechanical completion on Coastal GasLink ahead of target

Retrieved on: 
Wednesday, November 8, 2023

Project execution: Coastal GasLink achieves mechanical completion, while continuing to advance Southeast Gateway

Key Points: 
  • Project execution: Coastal GasLink achieves mechanical completion, while continuing to advance Southeast Gateway
    We are pleased to announce that the Coastal GasLink project has achieved mechanical completion ahead of our year-end target.
  • In October, the project achieved 100 per cent pipe installation following the final weld at the base of Cable Crane Hill.
  • Land rights and rights of way negotiations have closed, and all critical permits for onshore construction have been received.
  • Closing of this transaction is a major step towards reaching TC Energy’s 2024 year-end leverage target of 4.75 times debt-to-EBITDA.

TC Energy reports solid second quarter 2023 results, while significantly advancing Coastal GasLink and Southeast Gateway projects to planned cost and schedule

Retrieved on: 
Thursday, July 27, 2023

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its second quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “Today’s announcement to separate our Natural Gas Pipelines and Power and Energy Solutions businesses from our Liquids Pipelines business will maximize the value of our assets. The separated industry-leading companies will have greater strategic focus to execute major projects, drive efficiencies and operational excellence, and enhanced flexibility to pursue disciplined growth." Poirier continued, “In addition, we have made significant progress on our 2023 strategic priorities. First, we continue to safely execute our secured capital program, including Coastal GasLink and Southeast Gateway which remain on planned cost and schedule. Second, we have significantly accelerated our deleveraging goal ahead of our year-end target with the sale of a 40 per cent equity interest in the Columbia Gulf and Columbia Gas systems for total cash proceeds of $5.2 billion. And third, we are safely and reliably operating our assets that provide essential services across North America, which is a testament to the dedication and hard work of our people.”

Key Points: 
  • We remain laser focused on our 2023 priorities and have achieved significant milestones during the first half of the year.
  • We continue to safely execute major projects like Coastal GasLink and Southeast Gateway that continue to track cost and schedule.
  • TC Energy will focus on natural gas, driven by strong long-term fundamentals and power and energy solutions, driven by nuclear, pumped hydro energy storage and new energy opportunities.
  • During the second quarter of 2023, we saw continued strong demand for our critical energy assets.

TC Energy reports strong first quarter 2023 results

Retrieved on: 
Friday, April 28, 2023

First quarter 2023 results were underpinned by the strong demand for our assets and our ability to safely and reliably deliver essential energy services across North America.

Key Points: 
  • First quarter 2023 results were underpinned by the strong demand for our assets and our ability to safely and reliably deliver essential energy services across North America.
  • Comparable earnings per share for the quarter was $1.21, up eight per cent compared to $1.12 in first quarter 2022.
  • Going forward, TC Energy will remain steadfast in prioritizing project execution, deleveraging and capital discipline while safely and reliably delivering the energy people need, every day.
  • We will hold a teleconference and webcast on Friday, April 28, 2023 at 6:30 a.m. (MDT) / 8:30 a.m. (EDT) to discuss our first quarter 2023 financial results and company developments.

Keystone pipeline spill heightens Carry The Kettle Cega'kin Nakoda First Nation (Cega'kin) concerns about aging TC Energy pipelines crossing their Reserve Lands

Retrieved on: 
Wednesday, December 14, 2022

Seven high-pressure transmission pipeline lines cut through the Carry The Kettle Cega'kin Nakoda First Nation's reserve lands and community.

Key Points: 
  • Seven high-pressure transmission pipeline lines cut through the Carry The Kettle Cega'kin Nakoda First Nation's reserve lands and community.
  • Six of the lines are operated by TC Energy (or TC Affiliates), including the Keystone Pipeline, which transports crude oils and liquids.
  • Several of these pipelines, including the Keystone Pipeline were built over 60 years ago when environmental assessments and regulations were in their infancy in Canada.
  • The TC Energy pipelines located on Carry The Kettle Cega'kin Nakoda First Nation lands were also built at a time when Canada did not have a legal duty to consult First Nations, adequately consider the inherent, Treaty and Aboriginal rights of Carry The Kettle Cega'kin Nakoda First Nation or seek our informed consent.

EIGHTEEN RETIRED MILITARY LEADERS URGE PRESIDENT BIDEN TO SUPPORT DOMESTIC ENERGY PRODUCTION

Retrieved on: 
Wednesday, September 28, 2022

If the United States' production capacity diminishes, we risk reverting to a scenario where we will have to rely on foreign rivals to meet our energy demands.

Key Points: 
  • If the United States' production capacity diminishes, we risk reverting to a scenario where we will have to rely on foreign rivals to meet our energy demands.
  • Policies put into place during the last decade, including during your time as Vice President, allowed the United States to grow to global energy dominance.
  • With your leadership, we can attain our country's energy aspirations and use energy as a foreign policy tool for good.
  • Please support all reasonable efforts to develop and leverage energy resources in the United States and across North America.

Passion and Patriotism on Full Display at Crash Proof Retirement® Educational Event

Retrieved on: 
Thursday, April 21, 2022

KING OF PRUSSIA, Pa., April 21, 2022 /PRNewswire-PRWeb/ -- Retirement Phase Expert Phil Cannella and Crash Proof Retirement® CEO Joann Small received a thunderous roar of applause from over 130 guests at the Springfield Country Club following a passionate presentation of financial solutions to address the current administration's politicization of retirement portfolios. The educational event was an eye-opening experience, filled with historical relevance, undeniable truths, and well-documented evidence of financial solutions for the American retiree.

Key Points: 
  • Panichelli attended Crash Proof Retirement Educational Events in the past and convinced her friend that now is the time to get educated.
  • Reading came to the event to learn more about the solutions that Cannella has championed for nearly two decades with the Crash Proof Retirement System.
  • Phil Cannella and Joann Small will be hosting their next Crash Proof Retirement Educational Event on April 26th at the Falls at the Double Tree in Mt.
  • Additionally, the Crash Proof Retirement Team will be holding more educational events in May and June.

People's Convoy and Freedom Convoy USA converge in Hagerstown, Maryland, on route to DC, protesting Mandates, says InVest USA CEO, Michael Letts

Retrieved on: 
Tuesday, March 8, 2022

Yahoo News reported 2500 vehicles traveled in a Convoy that began in Adelanto, California, and arrived in Maryland over the weekend.

Key Points: 
  • Yahoo News reported 2500 vehicles traveled in a Convoy that began in Adelanto, California, and arrived in Maryland over the weekend.
  • Michael Letts, is co-chairman of The Freedom Convoy USA, and president of the charity InVest USA.
  • Time will tell if this US convoy will stay assembled as last as did the Freedom Convoy in Ottawa, Canada, that lasted 24 days.
  • https://MichaelLetts.us is the co-chairman of Freedom Convoy USA 2022 and CEO and Founder of https://InVestUSA.org , a national non-profit charitable organization based in Columbia, South Carolina.

Heat or Eat: Tough Choices for Americans as Winter Energy Bills Will Cost at Least $13.6B More, CEA Analysis Finds

Retrieved on: 
Wednesday, October 27, 2021

Heat or Eat : Skyrocketing Energy Prices to Cost Consumers at Least $13.6 Billion This Winter, analyzes data from the U.S. Energy Information Administrations (EIA) Winter Fuels Outlook to establish a total overall cost forecast for American families.

Key Points: 
  • Heat or Eat : Skyrocketing Energy Prices to Cost Consumers at Least $13.6 Billion This Winter, analyzes data from the U.S. Energy Information Administrations (EIA) Winter Fuels Outlook to establish a total overall cost forecast for American families.
  • The energy policy choices the federal government made in 2021, including hobbling U.S. energy production, killing the Keystone Pipeline and impeding construction of much-needed energy infrastructure, has left American consumers exposed with a long winter coming, CEA President David Holt said.
  • Energy markets swing up and down, but nations with abundant and diverse energy resources like the U.S. can weather them and protect their vulnerable populations if they reduce dependence on foreign energy.
  • CEA works daily to encourage communities across the nation to seek sensible, realistic, and environmentally responsible solutions to meet our nations energy needs.

Campaign asks Americans to choose Canada first for oil imports

Retrieved on: 
Monday, September 27, 2021

This includes informing Americans the U.S. has a choice from where it imports oil, and that Canada is a better, closer, cleaner and friendlier option compared to countries like Russia and Saudi Arabia.

Key Points: 
  • This includes informing Americans the U.S. has a choice from where it imports oil, and that Canada is a better, closer, cleaner and friendlier option compared to countries like Russia and Saudi Arabia.
  • The campaign will also feature a grassroots component that calls on Canadians and Americans to respectfully advocate to the president and U.S. lawmakers about the benefits of Canadian energy.
  • The campaign will highlight that oil from Canada is a better option for America.
  • Im sure most Americans would prefer to use oil from their friends and allies here in Canada, as opposed to imports from jurisdictions with limited focus on the environment, labour rights, and indigenous participation, for example.