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TC Energy shareholders approve spinoff of South Bow and elect Board of Directors at the 2024 annual and special meeting
GlobeNewswire News Room· 2024-06-05 05:00
CALGARY, Alberta, June 04, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is pleased to announce today that its shareholders voted to approve the spinoff of the Company's Liquids Pipelines business and elected TC Energy's Board of Directors at its 2024 annual and special meeting of shareholders. TC Energy shareholders voted in favour of the Arrangement Resolution, pursuant to which, among other things, TC Energy shareholders will receive one new com ...
TC Energy(TRP) - 2024 Q1 - Earnings Call Transcript
2024-05-04 00:10
财务数据和关键指标变化 - 公司本季度创下新的收益纪录,可比EBITDA同比增长11% [7] - 可比收益同比增长4%,主要由于可比EBITDA增加,但被非控股权益收益增加和利息费用上升所抵消 [21][22] - 公司维持2024年可比EBITDA11.2-11.5亿美元的指引,主要由于NGTL系统增长、去年新项目投产的全年影响以及今年预计投产7亿美元新项目 [23] 各条业务线数据和关键指标变化 - 天然气管道业务: - 加拿大NGTL系统日均输送量15.3 Bcf,创新高17.3 Bcf [12] - 美国日均输送量30 Bcf,同比增5% [12] - 墨西哥日均输送量近3 Bcf,同比增13% [13] - 电力业务: - 布鲁斯电站可用性92%,预计2024年将维持在90%以上的水平 [14][15] - 阿尔伯塔联合循环电厂可用性98.7% [15] - 液体管道业务: - Keystone管道系统可靠性96%,支撑可比EBITDA同比增28% [16] 各个市场数据和关键指标变化 - 美国电力需求创新高,公司资产支持电力需求增长,向发电商的日均供气增加11% [13] - 数据中心等新增长动力将推动未来天然气需求持续增长,预计2030年前可能增加6-8 Bcf/d [48][49] 公司战略和发展方向及行业竞争 - 公司将继续专注于资产安全运营、项目按时高质量交付,如东南门户项目和布鲁斯电站3号机组大修项目 [32] - 公司将通过出售资产加快去杠杆,计划2024年完成30亿美元资产出售目标,已完成1.1亿美元PNGTS出售 [9][25] - 液体管道业务将于今年第三或第四季度独立上市,不会产生重大协同损失 [17][26] - 公司将继续投资于核电和抽水蓄能等无排放电力项目,同时也会适当考虑天然气发电机会 [50][53] 管理层对经营环境和未来前景的评论 - 公司对天然气需求增长持乐观态度,尤其是数据中心等新增长点 [48][49] - 公司有信心在2024年实现4.75倍债务/EBITDA的目标,并将继续出售资产以此为目标 [25][32] - 公司对独立上市的液体管道业务South Bow前景充满信心 [17][26] 其他重要信息 - 公司宣布任命Sean O'Donnell为新任CFO,接替离职的Joel Hunter [10][28][30] - 公司已获得南部门户项目所有关键许可,管道铺设进度超70%,预计2025年投产 [11] - 公司将于6月4日召开年度股东大会,就液体管道业务分拆事宜进行投票 [19] 问答环节重要的提问和回答 问题1 **Ben Pham 提问** 询问公司资产出售计划的进展情况,包括NGTL系统联邦贷款担保等因素的影响 [36][37][38] **Francois Poirier 回答** 公司资产出售计划进展顺利,包括墨西哥CFE投资TGNH等,未来还会在加拿大和墨西哥继续出售资产 [37][38][39][40] 问题2 **Rob Hope 提问** 询问天然气需求增长对公司天然气管道和电力业务的影响,以及是否会增加电力投资 [44][45][46][47] **Stan Chapman 和 Annesley Wallace 回答** 公司天然气管道业务受益于电力需求增长,未来会继续加强与LDC客户的联系,满足数据中心等新增长点 [45][46][47][49][50][51] 公司电力业务将继续专注于核电和抽水蓄能,对天然气发电机会持开放态度 [50][51][53] 问题3 **Bevin Wirzba 回答** South Bow的资本结构将包括3年至30年不等的债务,平均期限约10年,资本结构设计旨在实现4.75倍债务/EBITDA目标 [84][85][110][111] 公司将利用South Bow交易所得资金偿还部分TC Energy现有债务,不会显著改变TC Energy的平均债务期限 [112][113]
TC Energy(TRP) - 2024 Q1 - Earnings Call Presentation
2024-05-03 20:45
TTCC EENNEERRGGYY F2I0R2S3T IQNUVEASRTTOERR D2A0Y2 4 CON F E RE N CE CA LL First quarter 2024 conference call ...
TC Energy(TRP) - 2024 Q1 - Quarterly Report
2024-04-16 18:07
Exhibit 99.1 Table of Contents Letter to Shareholders 1 Directors’ and Officers’ Liability Insurance 76 Notice of 2024 Annual and Special Meeting 3 Intention of TC Energy Directors and Officers 77 Notice of Application 4 Expenses of the Arrangement 77 Management Information Circular 6 Risk Factors Relating to the Arrangement 77 About the Shareholder Meeting 7 Certain Securities Law Matters 81 Delivery of Meeting Materials 7 Stock Exchange Listings 82 Attending and Participating in the Meeting 8 Trading of S ...
TC Energy(TRP) - 2023 Q4 - Earnings Call Transcript
2024-02-17 01:32
TC Energy Corporation Q4 2023 Earnings Call Transcript February 16, 2024 8:30 AM ET Company Participants Gavin Wylie - VP, IR Francois Poirier - President & CEO Joel Hunter - EVP & CFO Stan Chapman - EVP & COO, Natural Gas Pipelines Bevin Wirzba - EVP & Group President, Liquids Pipelines and Coastal GasLink Annesley Wallace - EVP, Strategy and Corporate Development & President, Power and Energy Solutions Greg Grant - President, Canadian Natural Gas Pipelines Conference Call Participants Rob Hope - Scotiaban ...
TC Energy(TRP) - 2023 Q4 - Earnings Call Presentation
2024-02-16 22:29
TTCC EENNEERRGGYY F2O0U2 3R TIHN VQEUSTAORRT EDRA Y2 0 2 3 CON F E RE N CE CA L L Fourth quarter 2023 conference call ...
TC Energy(TRP) - 2023 Q4 - Annual Report
2024-02-16 19:43
EXHIBIT 99.1 Quarterly Report to Shareholders TC Energy reports record 2023 operating and financial results driven by solid execution Increases common share dividend for the twenty-fourth consecutive year CALGARY, Alberta – February 16, 2024 – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its fourth quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “By remaining focused on a clearly defined set of priorities emphasizing project ...
TC Energy(TRP) - 2023 Q3 - Earnings Call Transcript
2023-11-09 01:50
TC Energy Corporation (NYSE:TRP) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Gavin Wylie - VP, IR Francois Poirier - President and CEO Bevin Wirzba - EVP and Group President, Liquids Pipelines and Coastal GasLink Joel Hunter - EVP and CFO Annesley Wallace - EVP, Strategy and Corporate Development and President, Power and Energy Solutions Conference Call Participants Theresa Chen - Barclays Praneeth Satish - Wells Fargo Linda Ezergailis - TD Securities Rob Hope - Scotiab ...
TC Energy(TRP) - 2023 Q2 - Earnings Call Transcript
2023-07-28 23:59
TC Energy Corporation (NYSE:TRP) Q2 2023 Earnings Conference Call July 28, 2023 8:30 AM ET Company Participants Gavin Wylie - Vice President, Investor Relations Francois Poirier - President and Chief Executive Officer Bevin Wirzba - Executive Vice-President and Group President, Liquids Pipelines and Coastal GasLink Joel Hunter - Executive Vice-President and Chief Financial Officer Stanley Chapman - Executive Vice-President and Chief Operating Officer, Natural Gas Pipelines Conference Call Participants Rob H ...
TC Energy(TRP) - 2023 Q2 - Earnings Call Presentation
2023-07-28 20:24
() TC Energy Second quarter 2023 conference call () TC Energy J U L Y 2 8 , 2 0 2 3 Call participants François Poirier – President and Chief Executive Officer Joel Hunter – Executive Vice-President and Chief Financial Officer Stanley G. Chapman, III – Executive Vice-President and Chief Operating Officer, Natural Gas Pipelines Annesley Wallace – Executive Vice-President, Strategy, Corporate Development and Energy Transition Planning Bevin Wirzba – Executive Vice-President and Group President, Liquids Pipelin ...