Company: TC PipeLines
Business: An American company that fully or partially owns six gas pipelines that are critical for the American energy infrastructure. These gas pipelines have the capacity to transport 8.9 billion cubic feet (= 0.25 billion cubic meters) per day. The company was created and is owned to around 28% by TransCanada Corporation that besides from owning pipelines in Canada also have gas storage and power plants.
Active: TC PipeLines are in principle only active in the US. Sometimes they join on some deal in Canada with the mother company.
P/E: 21.3
Comment: Ugh! became much tougher then what I expected due to that they favour to only report their net earnings but I want to have also the revenue to see their growth in the last five years. So I had to calculate their revenue part from the different pipelines. I hope I made no mistake but please check it to be sure.
