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TCP PipeLines LP (TCP) Tops Q3 EPS Views

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TC PipeLines, LP Announces 2015 Third Quarter Financial Results

November 6, 2015 7:30 AM EST

HOUSTON, TEXAS -- (Marketwired) -- 11/06/15 -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported third quarter 2015 distributable cash flow of $68 million and net income attributable to controlling interests of $49 million.

"We are very pleased to announce that the Partnership has agreed to acquire a 49.9 percent interest in Portland Natural Gas Transmission System from TransCanada. The pipeline system is strategically located in the northeastern United States and serves New England's growing energy needs," said Steve Becker, President of the General Partner. "This transaction is another in a series of expected dropdowns from TransCanada... More

TC PipeLines Announces Retirement of Steve Becker

November 5, 2015 4:35 PM EST

HOUSTON, TEXAS -- (Marketwired) -- 11/05/15 -- The Board of Directors of TC PipeLines GP, Inc., general partner of TC PipeLines, LP (NYSE: TCP), today announced the appointment of Brandon Anderson to the position of President and Director of TC PipeLines GP, Inc. effective January 1, 2016. Anderson succeeds Steve Becker who will continue working with TransCanada Corporation, the owner of TC Pipelines GP, Inc., until his retirement in early 2016.

"On behalf of all Board... More