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TRP Stock - TransCanada Corp.


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TC Energy Corporation, headquartered in Calgary, Canada, is a prominent energy infrastructure company with operations spanning North America. Established in 1951 and formerly known as TransCanada Corporation, the company rebranded to TC Energy Corporation in May 2019. TC Energy operates through five distinct segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage. Its extensive network includes 93,300 kilometers of natural gas pipelines, facilitating the transportation of natural gas from supply basins to various end-users such as local distribution companies, power generation plants, industrial facilities, LNG export terminals, and other businesses.

In addition to its pipeline infrastructure, TC Energy manages regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. The company also oversees a liquids pipeline system extending approximately 4,900 kilometers, linking Alberta's crude oil supplies to refining markets in key U.S. regions including Illinois, Oklahoma, Texas, and the Gulf Coast. Furthermore, TC Energy has diversified its portfolio into power generation, owning interests in seven facilities generating a combined capacity of around 4,300 megawatts. These facilities utilize natural gas and nuclear fuel sources and are strategically located across Alberta, Ontario, Quebec, and New Brunswick. TC Energy also operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta.

TC Energy Corporation continues to play a pivotal role in North America's energy landscape, focusing on infrastructure development and sustainable energy solutions. With a legacy of over seven decades in the industry, TC Energy remains committed to enhancing energy reliability, efficiency, and accessibility while contributing to economic growth and environmental stewardship across the continent.

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Stock Sector: Utilities: Gas Utilities

 

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