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TC PipeLines LP (TCP) Tops Q3 EPS by 9c

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TC PipeLines, LP announces 2020 third quarter financial results

November 10, 2020 7:30 AM EST

HOUSTON, Nov. 10, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported net income attributable to controlling interests of $65 million and distributable cash flow of $36 million for the three months ended September 30, 2020.

During the third quarter of 2020, our diversified portfolio of essential energy infrastructure continued to perform well and generated solid results, said Nathan Brown, president of TC PipeLines, GP, Inc. These results continue to highlight the resiliency of our assets during these unprecedented times. We also continued to advance our suite of organic growth projects with PNGTS Portland XPress... More