TC PipeLines LP (TCP) Tops Q1 EPS by 3c

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Go back to TC PipeLines LP (TCP) Tops Q1 EPS by 3c

TC PipeLines, LP Announces 2016 Third Quarter Financial Results

November 4, 2016 8:01 AM EDT

HOUSTON, TEXAS -- (Marketwired) -- 11/04/16 -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported third quarter 2016 net income attributable to controlling interests of $58 million and distributable cash flow of $69 million.

"Our diverse portfolio of pipeline assets continued to deliver strong financial results this quarter, generating increased earnings and cash flow compared to the same quarter in 2015," said Brandon Anderson, president of TC PipeLines, GP, Inc. "Our results reflect the addition of PNGTS to our partnership along with solid results from both GTN and Great Lakes during the quarter. GTN continued to benefit from... More