TC PipeLines, LP Announces Successful Open Season on PNGTS; Records Non-Cash Charges on Bison and Tuscarora
HOUSTON, Feb. 14, 2019 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announces its majority owned subsidiary, PNGTS, has signed precedent agreements to proceed with a second expansion project on its system, subject to customary conditions precedent and approvals. The Westbrook XPress Project (Westbrook XPress) is in addition to PNGTS’ current Portland XPress Project. The Partnership also expects to record non-cash impairment charges of $537 million and $59 million in the fourth quarter of 2018 on its Bison and Tuscarora pipeline systems, respectively.
TC PipeLines, LP to Release 2018 Fourth Quarter and Year End Financial Results on February 21
HOUSTON, Jan. 31, 2019 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) will release its 2018 fourth quarter and year end financial results on Thursday, February 21, 2019. Nathan Brown, president of the General Partner, will discuss the Partnership’s financial results and latest developments in a teleconference and webcast on Thursday, February 21 at 10 a.m. (CT) / 11 a.m. (ET).
TC PipeLines, LP Announces Fourth Quarter 2018 Cash Distribution
HOUSTON, Jan. 22, 2019 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared the Partnership’s fourth quarter 2018 cash distribution of $0.65 per common unit. The distribution is unchanged from the distributions declared for the first three quarters of 2018.
TC PipeLines, LP to Attend 17th Annual Wells Fargo Midstream and Utility Symposium
HOUSTON, Nov. 29, 2018 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) will participate at the 17th Annual Wells Fargo Midstream and Utility Symposium on Wednesday, December 5, 2018 in New York City. Nathan Brown, president of TC PipeLines GP, Inc., the Partnership’s general partner, will attend and meet with investors during the conference.