TRP 📈 TC Energy - Overview

TC Energy Corporation is a prominent energy infrastructure company with a significant presence in North America, operating a vast network of pipelines, storage facilities, and power generation assets. The company's operations are segmented into five key areas: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Energy Solutions. This diversified structure enables the company to capitalize on various energy markets and provide a range of services to its customers.

The company's natural gas pipeline network spans approximately 93,600 kilometers, playing a crucial role in transporting natural gas from supply basins to various demand centers, including local distribution companies, power generation plants, industrial facilities, and LNG export terminals. Additionally, TC Energy Corporation operates regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet, providing a critical component of the energy infrastructure. This storage capacity allows the company to manage supply and demand fluctuations, ensuring a stable and reliable energy supply to its customers.

TC Energy Corporation's liquids pipeline system is another significant component of its operations, with approximately 4,900 kilometers of pipeline connecting Alberta's crude oil pipeline to refining markets in key regions, including Illinois, Oklahoma, Texas, and the United States Gulf Coast. This pipeline system is essential for the transportation of crude oil to refineries, where it is processed into various petroleum products. Furthermore, the company has a substantial portfolio of power generation facilities, with approximately 4,600 megawatts of capacity, as well as non-regulated natural gas storage facilities with a total capacity of 118 billion cubic feet, located in Alberta, Ontario, Québec, and New Brunswick.

With a history dating back to 1951, TC Energy Corporation has evolved significantly over the years, with a name change from TransCanada Corporation to TC Energy Corporation in May 2019. The company is headquartered in Calgary, Canada, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol TRP. As a common stock, TC Energy Corporation is classified under the GICS Sub Industry of Oil & Gas Storage & Transportation, reflecting its core business activities. The company's web presence can be found at https://www.tcenergy.com, and its ISIN is CA87807B1076.