Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Tell PSC: ‘No' to Keystone XL

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 06:15pm CET

The Public Service Commission will decide by Thanksgiving on whether to approve the Keystone XL pipeline. Please contact Mary Ridder, the PSC member representing North Platte, and tell her to vote NO on KXL because it does not serve Nebraska's interests for the following reasons:

1. It will not increase U.S. energy independence. Most of the tar sands oil will be refined for export by Motiva, a Saudi Arabian company that is one of the primary customers for KXL crude.

2. It won't use U.S. steel. The majority of KXL steel comes from Welspun, an Indian company that has been sued for defective steel by pipeline companies.

3. It's already a dinosaur. Investors have been pulling out of the KXL project, and TransCanada is unlikely to find U.S. customers interested in long-term shipping contracts.

4. It violates personal property rights by granting eminent domain to a foreign corporation for private (not public) profit.

5. It threatens the continued economic viability of agricultural land due to the 91 significant leaks predicted by a UNL professor that will occur, polluting our precious aquifer.

6. It will not create jobs for Nebraskans. TransCanada admits it prefers to import workers from Oklahoma and Kansas rather than hiring locals to construct the pipeline.

In short, the banks don't like it, the people don't want it, and the country doesn't need it.

To reach Ridder at the PSC and tell her to vote no on KXL, call 800-526-0017 or use the form atpsc.nebraska.gov

Nancy Meyer

Cedar Bluffs

© Copyright © 2017 North Platte Telegraph. All rights reserved., source Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TRANSCANADA CORPORATION
11/18 TRANSCANADA : Thune, Noem, Rounds respond to Keystone oil leak
11/18 TRANSCANADA : 'This is our responsibility, plain and simple'
11/18 TRANSCANADA : Waterkeeper Alliance President Robert F. Kennedy, Jr. Responds to ..
11/18 TRANSCANADA : Canadian Heavy Crude Prices Fall after Transcanada Shuts Keystone ..
11/18 TRANSCANADA : Oil leak likely won't affect expansion Keystone pipeline leak won'..
11/18 TRANSCANADA : Community impact of oil leak unknown, per report; Marshall Co. nei..
11/18 CORRECTION : Keystone pipeline leaks 210K gallons of oil
11/17 TRANSCANADA : Top 20 onshore US petroleum spills since 2010
11/17 TRANSCANADA : Keystone pipeline spills 5,000 barrels of oil in US
11/17 TRANSCANADA : KEYSTONE Pipeline spills oil in South Dakota days before Nebraska ..
More news
News from SeekingAlpha
11/17 ENERGY RECAP : Keystone Pipeline In The News After Oil Leak
11/17 Keystone pipeline leak hits TransCanada shares, Canada crude price
11/17 WALL STREET BREAKFAST : NAFTA Talks Resume In Mexico City
11/16 TransCanada shuts part of Keystone pipeline after South Dakota oil spill
11/12 Astride The Upside Down
Financials ( CAD)
Sales 2017 12 851 M
EBIT 2017 5 049 M
Net income 2017 2 596 M
Debt 2017 45 200 M
Yield 2017 3,99%
P/E ratio 2017 20,07
P/E ratio 2018 18,56
EV / Sales 2017 7,77x
EV / Sales 2018 8,00x
Capitalization 54 681 M
Chart TRANSCANADA CORPORATION
Duration : Period :
TransCanada Corporation Technical Analysis Chart | TRP | CA89353D1078 | 4-Traders
Technical analysis trends TRANSCANADA CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 70,4  CAD
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Russell K. Girling President, Chief Executive Officer & Director
Siim Alden Vanaselja Chairman
Donald R. Marchand CFO & Executive VP-Corporate Development
Steven Barry Jackson Director
Kevin E. Benson Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TRANSCANADA CORPORATION2.81%42 788
ENBRIDGE INC-21.27%58 034
ENTERPRISE PRODUCTS PARTNERS L.P.-10.21%52 177
KINDER MORGAN INC-17.87%37 987
WILLIAMS COMPANIES-12.46%22 537
ONEOK, INC.-11.74%19 429