| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
290 |
| Employees |
40 |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
301 |
| Cash Flow (TTM) (Millions $) |
117 |
| Capital Exp. (TTM) (Millions $) |
326 |
Business Description
TC Pipelines, LP (TCP) is a master limited partnership (MLP) incorporated in Delaware in 1998. It is a subsidiary of TransCanada Corporation, a diversified energy infrastructure company with operations in North America and Mexico. TCP owns and operates natural gas pipelines and related assets in the United States.
TCP operates a portfolio of interstate natural gas pipelines, including the ANR Pipeline, which runs from the Gulf of Mexico to the Upper Midwest; the Great Lakes Gas Transmission pipeline, which connects natural gas supplies from western Canada to customers in the Midwest; and the Northern Border Pipeline, which transports natural gas from the Montana-Saskatchewan border to the upper Midwest.
ANR Pipeline: The ANR Pipeline is a 10,700-mile interstate natural gas pipeline system that runs from the Gulf of Mexico to various markets in the Midwest, including Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin. The pipeline system includes 41 compressor stations and 242 delivery points.
Great Lakes Gas Transmission: The Great Lakes Gas Transmission pipeline system is a 2,115-mile natural gas pipeline that transports gas from Western Canada to various markets in the Midwest, including Minnesota, Wisconsin, Michigan, and Ohio. The pipeline system includes 8 compressor stations and 38 delivery points.
Northern Border Pipeline: The Northern Border Pipeline is a 1,249-mile natural gas pipeline that transports gas from the Montana-Saskatchewan border to various markets in the Midwest, including Minnesota, Wisconsin, Iowa, Illinois, and Indiana. The pipeline system includes 11 compressor stations and 33 delivery points.
TCP also operates a network of storage facilities, including the ANR Storage Company, which operates two natural gas storage fields in Michigan and Indiana. The company offers a wide range of services, including transportation, storage, and natural gas supply management.
Overall, TCP's pipelines and related assets are essential to the reliable and efficient transportation of natural gas to consumers across the Midwest, and the company's storage facilities allow for the smooth operation of these pipelines even during periods of high demand.
Company Address: 700 Louisiana Street Houston 77002 TX
Company Phone Number: 290-2772 Stock Exchange / Ticker: NYSE TCP
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