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TC Energy was known as TransCanada before rebranding in 2019. The company was incorporated in 1951 by a Special Act of Parliament as Trans-Canada Pipe Lines Limited. [10] In 1954 N. Eldon Tanner, president of Merrill Petroleums and former Alberta legislator, became president of the company. [11]
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The Coastal GasLink pipeline is a TC Energy natural gas pipeline under construction in British Columbia, Canada.Starting in Dawson Creek, the pipeline's route crosses through the Canadian Rockies and other mountain ranges to Kitimat, where the gas will be exported to Asian customers.
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In 2018, as CEO of TC Energy Corporation, Girling placed 4th out of 100 of the top earners in Calgary with a total compensation of $12,502,397. [4] In 2020, Girling announced he would be retiring from his position as the CEO of TC Energy. He spent 26 years at the company, 10 as the Chief Executive Officer. [5]
TC Energy (TRP) delivered earnings and revenue surprises of 0.00% and -4.00%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?