President Donald Trump signed executive orders Tuesday giving the green light for construction of the Keystone XL and Dakota Access pipelines, two projects that stalled under the Obama administration. TransCanada first sought approval for its Keystone XL pipeline in 2008, but President Obama rejected its permit application in November 2015.
Category: Natural Gas
Will TransCanada Corporation Raise Its Dividend in 2017?
Not only has it increased the payout for the past 16 years, but it has delivered 7% compound annual dividend growth during that period. However, its best dividend growth days appear to lie ahead.
Crown Jewel of U.S. Shale Behind the Endless Pursuit of Williams
Some 67 years after the Transco pipeline was laid from the Gulf Coast of Texas to New York City, it remains the crown jewel of the natural gas industry, fed by America’s richest shale patch. In the past year, the allure of this 10,500-mile system has helped trigger two failed takeover bids for Williams, a clash between Armstrong and billionaire pipeline magnate Kelcy Warren and a mass exodus from the company’s board.
TD Leads Canadian Stock Sales as Energy Deals Fuel Record Year
Toronto-Dominion Bank took top spot for managing Canadian stock sales in 2016 as large energy deals led by pipeline operator TransCanada Corp. helped set a record for equity financings. The amount raised from initial public offerings, secondary sales and equity-linked securities reached C$50.4 billion , up 17 percent from 2015, according to data compiled by Bloomberg.