Quarterlytics / Energy / Oil & Gas Midstream / TC Energy

TC Energy

TRP · TSX Energy
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Ticker TRP
Exchange TSX
Sector Energy
Industry Oil & Gas Midstream
Employees 5001-10,000

Business description

Calgary-based firm TC Energy Corp. (formerly known as TransCanada Corporation) has established itself as a leading energy infrastructure company in North America, with operations spanning across pipelines, liquids and power solutions. The company operates through five segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Energy Solutions. TC Energy has built and currently operates an impressive network of 93,700 kilometers of natural gas pipelines in North America, transporting gas from supply areas to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals and other businesses. Additionally, the company owns regulated natural gas storage facilities, boasting a total working gas capacity of 532 billion cubic feet, and approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, and Texas. The company is also invested in seven power generation facilities, with a combined capacity of approximately 4,300 megawatts, that are powered by natural gas and nuclear fuel sources, located in Alberta, Ontario, Québec, and New Brunswick. Furthermore, TC Energy owns and operates roughly 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta.

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Company facts
TickerTRP
ExchangeTSX
Sector Energy
Industry Oil & Gas Midstream
Employees5001-10,000