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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  TransCanada Corporation    TRP   CA89353D1078

TRANSCANADA CORPORATION (TRP)
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TransCanada Corp. : TransCanada CEO : Expect Keystone Route Decision By End Summer -Fox Business

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05/04/2012 | 06:00pm CEST

TransCanada Corp. (TRP) Chief Executive Russell Girling said Friday he expects a decision from the U.S. State Dept. on the company's resubmitted application for the Keystone XL Pipeline by late Summer or the beginning of Fall.

In an interview on Fox Business Network, Girling said he hoped the State Dept. along with the Nebraska Department of Environmental Quality would come to a joint conclusion on the new application "by hopefully the end of summer."

Friday, TransCanada resubmitted its application for its controversial Keystone XL oil-pipeline expansion to the U.S. State Department and said it would supplement the application with a new proposed route for Nebraska, as soon as that route was decided.

Nebraska was a focal point for some of the most vocal opposition to the Keystone pipeline expansion as it was originally proposed.

Website: www.foxbusiness.com

-Dow Jones Newswires; 212-416-2900

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Financials ( CAD)
Sales 2018 12 579 M
EBIT 2018 5 449 M
Net income 2018 3 107 M
Debt 2018 49 821 M
Yield 2018 5,11%
P/E ratio 2018 16,33
P/E ratio 2019 14,94
EV / Sales 2018 7,79x
EV / Sales 2019 6,84x
Capitalization 48 131 M
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TransCanada Corporation Technical Analysis Chart | TRP | CA89353D1078 | 4-Traders
Technical analysis trends TRANSCANADA CORPORATION
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 66,2  CAD
Spread / Average Target 23%
EPS Revisions
Managers
NameTitle
Russell K. Girling President, CEO & Non-Independent Director
Siim Alden Vanaselja Chairman
Donald R. Marchand CFO & Executive VP-Corporate Development
Steven Barry Jackson Independent Director
Kevin E. Benson Independent Director
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