TRP 📈 TC Energy - Overview

TC Energy Corporation is a prominent energy infrastructure company with a significant presence in North America, operating through five distinct segments: 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 maintain a robust network of energy transportation and storage facilities. The company's natural gas pipeline network spans approximately 93,600 kilometers, facilitating the transportation of natural gas from supply basins to a wide range of destinations, including local distribution companies, power generation plants, industrial facilities, and LNG export terminals.

The company's natural gas pipeline system is complemented by regulated natural gas storage facilities, which boast a total working gas capacity of 532 billion cubic feet. This storage capacity allows TC Energy Corporation to manage the fluctuating demand for natural gas, ensuring a stable supply of energy to its customers. In addition to its natural gas operations, the company also operates a liquids pipeline system that stretches for approximately 4,900 kilometers, connecting the Alberta crude oil pipeline to key refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. This liquids pipeline system plays a critical role in the transportation of crude oil to refineries, where it is processed into various petroleum products.

TC Energy Corporation's energy portfolio is further diversified by its interests in power generation facilities, with a total capacity of approximately 4,600 megawatts. These power generation facilities enable the company to produce electricity from a variety of sources, including natural gas and other fuels. The company also owns and operates non-regulated natural gas storage facilities in several provinces, including Alberta, Ontario, Québec, and New Brunswick, with a total storage capacity of approximately 118 billion cubic feet. With a history dating back to 1951, TC Energy Corporation has established itself as a leading player in the North American energy infrastructure sector, with its headquarters located in Calgary, Canada.

As a publicly traded company, TC Energy Corporation's common stock is listed under the ISIN code CA87807B1076, and it is classified under the GICS Sub Industry category of Oil & Gas Storage & Transportation. The company's website, https://www.tcenergy.com, provides investors and stakeholders with access to a wealth of information about its operations, financial performance, and corporate governance. Following a rebranding effort in May 2019, the company changed its name from TransCanada Corporation to TC Energy Corporation, marking a new chapter in its evolution as a leading energy infrastructure company.