• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn
Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

TransCanada going ahead with expansion of Nova Gas, reports Q3 profit up

November 1, 20186:13 AM The Canadian Press0 Comments

CALGARY – TransCanada Corp. says it will go ahead with a $1.5-billion expansion of its Nova Gas Transmission Ltd. System.

The plan includes approximately 197 kilometres of large diameter pipeline, three compression units, meter stations and associated facilities.

The pipeline company says applications for approvals to construct and operate the facilities are expected to be filed with the National Energy Board in the second quarter of 2019.

The decision comes as TransCanada reports third-quarter profit of $928 million or $1.02, up from a profit of $612 million or 70 cents per share in the same quarter last year. Revenue totalled $3.16 billion, down from nearly $3.20 billion a year ago.

TransCanada says its comparable earnings for the quarter amounted to $1 per share, up from 70 cents per share a year ago.

Analysts on average had expected a profit of 78 cents per share, according to Thomson Reuters Eikon.

Companies in this story: (TSX:TRP)

TransCanada

Follow the BOE Report
  • Facebook
  • Twitter
  • LinkedIn
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • Vermilion Energy Inc. Announces 2021 Budget
  • Hillcrest Closes Private Placement
  • Alberta urges Trudeau to press Biden, save Keystone XL pipeline
  • Knowledge Energy Inc. – non-core property divestiture
  • Documents show Biden plans Day 1 order nixing Keystone XL

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView





    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    • Foxterra
    BOE Network
    © 2021 Grobes Media Inc.