Moving ahead with the Keystone XL pipeline

Construction of the much delayed Keystone XL pipeline will commence in the coming days with the government of Alberta providing financial backing of US$1.1 billion by way of equity participation and a US$4.2 billion loan guarantee.

LNG Canada project moving forwards – good news for Canadian oil and gas companies

Yesterday (May 15, 2018), LNG Canada’s CEO, Andy Calitz, announced that the company’s $40 billion liquefied natural gas (LNG) export project, which was delayed in 2016, will start construction this year (2018).  Two years ago, depressed oil and gas prices, uncertainty

themoneynarrative natural gas commentary #2

Yesterday (April 3, 2018), TRP.TO announced that the final section of its 2017 Expansion Program on the NOVA Gas Transmission Ltd. (NGTL) System is now in service, connecting northwest Alberta and northeast British Columbia producers to the 24,000+ kilometre pipeline network.  The $1.7 billion investment in Canadian natural gas infrastructure

themoneynarrative tips and pointers #16 (buying quality)

We published on February 13, 2018 our latest update about TRP.TO (see themoneynarrative 3-month report card – TransCanada Corporation (TRP.TO)).  We scored a “D” on the report card owing to a slide in the share price since our original recommendation on November 13, 2017 (see TransCanada Corporation (TRP.TO)) and our

themoneynarrative 3-month report card – TransCanada Corporation (TRP.TO)

Report publication date: November 13, 2017
Recommendation: Buy on dips.
Prior trading day (November 10, 2017) price close: $62.69
Report date (November 13, 2017) trading range: $62.33 – $63.06

themoneynarrative tips and pointers #13 (index composition)

On Monday, January 22, 2018, the S&P/TSX Composite Shareholder Yield Index, as part of its quarterly review, will add seventeen issuers (in place of removed ones), including two companies covered by themoneyblog: Baytex Energy (BTE.TO) and TransCanada Corporation (TRP.TO).