Home > Boards > US Listed > Oil/Gas/Natural Energy Production >

TransCanada Corporation (TRP)

Add TRP Price Alert      Hide Sticky   Hide Intro
Search This Board: 
Last Post: 11/16/2021 10:17:07 AM - Followers: 8 - Board type: Free - Posts Today: 0

This board is for fundamental and technical discussion about TransCanada Corporation, TRP.

TransCanada Corporation (TransCanada) is a North American energy infrastructure company focused on pipelines and energy. The Company operates in two segments: Pipeline and Energy. Pipelines principally comprise the Company's pipelines in Canada, the United States and Mexico. Energy includes the Company's power operations, natural gas storage business and liquefied natural gas (LNG) projects in Canada and the United States. At December 31, 2006, Pipelines accounted for approximately 53% of revenues and the Energy business accounted for approximately 47% of revenues. TransCanada's principal operating subsidiary is TransCanada PipeLines Limited (TCPL). On February 22, 2007, the Company completed the acquisition of American Natural Resources Company and ANR Storage Company (collectively, ANR), and an additional 3.55% interest in Great Lakes Gas Transmission Limited Partnership, from El Paso Corporation.

450 - 1st Street SW
Calgary, AB T2P 5H1
(403) 920-2000
(403) 920-2200

Facts and Figures


Corporate Statistics (CDN$, 2010 Fiscal Year)

Ticker Symbol TRP (TSX, NYSE)

Total Assets

$46.6 billion

Operating Income

$2.4 billion

Net Income

$1.2 billion

Net Income per Share


Funds Generated

$3.3 billion

Shares Outstanding

696 million





Wholly owned pipelines

Approximately 57,000 kilometres (35,500 miles)

Gas Storage

Approximately 380 billion cubic feet (Bcf)

Wholly and partially owned Power plants(#)


Total power generation

More than 10,800 megawatts (MW)

# Including Power Purchase Arrangements and plants under construction.


Business Portfolio


TransCanada's pipelines business segment includes the operation of our wholly owned pipelines in Canada, the U.S. and Mexico.


Pipeline System


Average throughput (2010)

Alberta System

24,187 km (15,029 miles)

9.4 Bcf/d

Canadian Mainline

14,101 km (8,762 miles)

4.6 Bcf/d

Foothills System

1,241 km (771 miles)

4.0 Bcf/d

ANR Pipeline

17,000 km (10,563 miles)

4.4 Bcf/d

Tamazunchale Pipeline

130 km (81 miles)

0.2 Bcf/d


Affiliated Pipelines


Average Throughput (2010)

Great Lakes Gas Transmission Company (1)
(53.6% direct; 15.4% indirect ownership)

3,404 km (2,115 miles) 2.2 Bcf/d

Iroquois Gas Transmission System
(44.5% ownership)

666 km (414 miles) 0.9 Bcf/d
North Baja(1)
(33.3% indirect ownership)
138 km (86 miles) 0.2 Bcf/d 
Northern Border Gas Transmission System (1)
(16.7% indirect ownership)
2,250 km (1,348 miles) 2.5 Bcf/d
Portland Natural Gas Transmission System (1)
(61.7% ownership)
474 km (295 miles) 0.1 Bcf/d
Trans Québec and Maritimes Pipeline (TQM) (1)
(50% ownership)
572 km (355 miles) 0.4 Bcf/d
Tuscarora Gas Transmission (1)
(33.3% indirect ownership)
491 km (305 miles) 0.1 Bcf/d
Gas Transmission Northwest (1)
(75.0% direct, 8.3% indirect ownership)
2,174 km (1,351 miles) 2.2 Bcf/d
Bison Pipeline (1)
(75.0% direct, 8.3% indirect ownership)
487 km (303 miles) n/a

1 Operated by TransCanada.

TransCanada is also general partner and a common unit holder of TC PipeLines, LP, a publicly held limited partnership with interests in the Tuscarora, North Baja, Northern Border Pipelines, Great Lakes Gas Transmission Company, Bison Pipeline and Gas Transmission Northwest.


The energy segment of TransCanada's business builds, acquires, operates and owns interests in power plants in Canada and the U.S.


Plant Name (Wholly Owned)

Nameplate Capacity

Bear Creek (255 KB .PDF)

80 MW

Bécancour Power Plant
Centrale Cogénération de Bécancour

550 MW

Cancarb (250 KB .PDF)

27 MW

Carseland (280 KB, PDF)

80 MW

Connecticut/Deerfield River Systems (405 KB, PDF)

583 MW


575 MW

Grandview (213 KB, PDF)

90 MW

Halton Hills (394 KB, PDF)

683 MW

Kibby Wind Power

132 MW

MacKay River (210 KB, PDF)

165 MW

Ocean State (295 KB, PDF)

560 MW

Ravenswood [2 MB, PDF)

2,480 MW

Redwater [250 KB, PDF)

40 MW


Non Regulated Gas Storage


TransCanada is the second largest natural gas storage provider in North America with approximately 380 Bcf of storage capacity.  

Our non regulated gas storage business owns or controls approximately 130 Bcf - approximately one-third of all storage capacity in Alberta - through our wholly owned 50 Bcf Edson facility, contracted long-term capacity of approximately 38 Bcf from a third party, and our 60 per cent interest in CrossAlta Gas Storage & Services Ltd., which operates a 68 Bcf storage facility near Crossfield, Alberta.

Our regulated gas strorage business, ANR Storage Company, serves our Pipelines division and provides firm and interruptible natural gas storage services of 250 Bcf  to customers on our Great Lakes Gas Transmission and ANR Pipeline systems.

Other Energy Investments
  • TransCanada owns 31.6 per cent of Bruce B, consisting of operating Units 5 to 8 with approximately 3,200 MW of generating capacity. In addition, TransCanada owns 48.8 per cent of Bruce A, consisting of operating Units 3 and 4 with approximately 1,500 MW of generating capacity and currently idle Units 1 and 2 with approximately 1,500 MW of generating capacity, which are currently being refurbished and are expected to restart in 2012.
  • Cartier Wind Energy has agreements totaling 590 MW of wind power projects located in the Gaspésie-Iles-de-la-Madeleine region and the Regional County Municipality of Matane in the province of Québec. The assets related to the projects are indirectly co-owned by TransCanada (62 per cent) and Innergex II Income Fund (38 per cent).
  • The Portlands Energy Centre is high efficiency, combined cycle natural gas generation plant located in downtown Toronto, ON.  TransCanada is a 50 per cent owner of the 550 MW facility, capable of supplying 25 per cent of Toronto's electricity needs.
  • TransCanada also has rights to the electricity generated by the 560 MW Sundance A power plant (100 per cent), the 706 MW Sundance B plant (50 per cent) and the 756 MW Sheerness plant (100 per cent).
FOR FURTHER DD:      http://www.transcanada.com/newsarchive.html

Daily One-Year Charts

Weekly Five-Year Charts

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
TRP News: TC Energy (TRP) Gets a Hold Rating from J.P. Morgan 05/25/2022 12:06:30 PM
TRP News: Analysts Offer Insights on Industrial Goods Companies: TC Energy (TRP), Pembina Pipeline (PBA) and Enbridge (ENB) 05/20/2022 12:05:20 PM
TRP News: Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) 05/02/2022 01:14:24 PM
TRP News: Analysts Offer Insights on Industrial Goods Companies: Magna International (MGA) and TC Energy (TRP) 05/02/2022 05:17:28 AM
TRP News: Analysts Offer Insights on Industrial Goods Companies: Enbridge (ENB), Pembina Pipeline (PBA) and TC Energy (TRP) 05/01/2022 08:37:14 AM
#203   $TRP $HYZN Hyzon Motors and TC Energy recently BottomBounce 11/16/21 10:17:07 AM
#201   NEWS: $TRP Wherever the Market Goes, I'm Buying whytestocks 11/21/20 05:30:18 PM
#200   UT OH troble on the bc reserves---new female ernie44 03/04/20 03:12:25 PM
#199   $TRP Reversal trade looks appealing, selling is overdone. TFMG 06/26/19 03:48:22 PM
#198   News: $TRP TransCanada to Issue Fourth Quarter Results whytestocks 01/24/19 06:54:17 PM
#197   TransCanada (NYSE:TRP) is “cautiously optimistic” about prospects for benfrankledger 11/24/17 12:25:18 AM
#196   It will help really get things going. Time benfrankledger 11/21/17 03:35:39 PM
#195   Yeah, that's true. But to be fair, the l_winthorpe 11/21/17 02:47:17 PM
#194   Very little common sense these days in the media. benfrankledger 11/21/17 02:44:51 PM
#193   I agree! I remember laughing to myself when l_winthorpe 11/21/17 02:42:20 PM
#192   Funny thing is more and better infrastructure only benfrankledger 11/21/17 02:37:09 PM
#191   I saw that! I was waiting to hear l_winthorpe 11/21/17 02:34:30 PM
#190   $TRP Nebraska's Public Service Commission approves TransCanada's proposed benfrankledger 11/21/17 02:42:18 AM
#189   Haven’t heard yet if it passed. benfrankledger 11/20/17 03:16:49 PM
#188   Oh man, I am beyond excited to hear l_winthorpe 11/20/17 02:40:46 PM
#187   $TRP - After nearly a decade, two presidential benfrankledger 11/20/17 07:23:57 AM
#186   Ah ok, I understand what you mean now. l_winthorpe 11/15/17 11:14:19 AM
#185   Would agree with that timeline or sooner. Already benfrankledger 11/14/17 02:27:54 PM
#184   So in 3 or so years, we will l_winthorpe 11/13/17 08:17:15 PM
#183   Primarily upstream in terms of proving and producing benfrankledger 11/12/17 05:37:31 PM
#182   Are you talking about under investment across upstream, l_winthorpe 11/12/17 02:58:22 PM
#181   If you are talking about globally it will benfrankledger 11/11/17 11:58:57 AM
#180   That's true. However, wouldn't it take some time l_winthorpe 11/10/17 05:07:45 PM
#179   It’s possible. But the bottle necks are happening benfrankledger 11/10/17 12:51:30 AM
#178   If this pipeline is approved, do you think l_winthorpe 11/09/17 08:45:31 PM
#177   TRP has said it will decide by December benfrankledger 11/09/17 03:13:35 PM
#176   “We do have various conditions attached, [and] I benfrankledger 11/09/17 03:13:24 PM
#175   TRP’s ?liquids pipelines head Paul Miller said during benfrankledger 11/09/17 03:13:10 PM
#174   TransCanada (TRP +0.3%) says it has received adequate benfrankledger 11/09/17 03:12:55 PM
#173   $TRP Keystone critics to focus on eminent domain eFinanceMarkets 08/05/17 11:35:21 AM
#172   $TRP Keystone critics to focus on eminent domain eFinanceMarkets 08/04/17 10:02:30 AM
#171   $TRP Keystone XL foes consider appeal to South eFinanceMarkets 07/09/17 04:25:30 PM
#170   Canada's energy regulator eyes new rules as firms eFinanceMarkets 06/13/17 01:49:47 PM
#169   Environmental groups sue over Keystone pipeline approval eFinanceMarkets 03/30/17 02:41:08 PM
#168   Report: State Department to approve Keystone pipeline permit eFinanceMarkets 03/23/17 04:03:12 PM
#167   TransCanada to seek early OK for North Montney eFinanceMarkets 03/20/17 02:46:07 PM
#166   No way! zsvq1p 01/13/16 02:46:43 PM
#165   Critics question US government backing of Kenya pipeline EastAfricaOil 01/12/16 11:21:18 AM
#164   Alaska Gov. Walker says he plans to recommend Timothy Smith 08/25/15 10:37:54 AM
#163   TransCanada (NYSE:TRP) says it has resolved a dispute Timothy Smith 08/24/15 02:42:05 PM
#162   Even though nearly half of TransCanada's (TRP -1.7%) Timothy Smith 08/13/15 12:11:00 PM
#161   Canada’s October election has become the latest event Timothy Smith 08/12/15 08:49:50 PM
#160   TransCanada (NYSE:TRP): Q2 EPS of $0.56 beats by Timothy Smith 08/02/15 02:54:11 AM
#159   TransCanada (NYSE:TRP) says it is eliminating 185 full-time Timothy Smith 06/24/15 12:51:33 AM
#158   More than 60 organizations are calling on Canada's Timothy Smith 05/17/15 01:34:59 AM
#157   Canada says it is committing to cut greenhouse Timothy Smith 05/16/15 11:35:24 PM
#156   TransCanada (NYSE:TRP): Q1 EPS of $0.66 beats by Timothy Smith 05/04/15 10:40:09 AM
#155   OK I DID seriousonly 12/22/14 12:11:34 PM
#154   TALK LATER seriousonly 12/22/14 12:09:25 PM
#152   LOVE IT seriousonly 12/22/14 12:06:39 PM
Consent Preferences