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BRIEF-TransCanada reports Q4 and year-end 2015 financial results

Published 2016-02-11, 07:43 a/m
© Reuters.  BRIEF-TransCanada reports Q4 and year-end 2015 financial results
TRP
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Feb 11 (Reuters) - TransCanada Corp TRP.TO :
* Reports fourth quarter and year-end 2015 financial results
* Q4 non-GAAP earnings per share C$0.64
* Q4 loss per share C$3.47
* Q4 earnings per share view C$0.61 -- Thomson Reuters I/B/E/S
* Says board of directors also declared a quarterly dividend of $0.565 per
common share for the quarter ending March 31, 2016
* Proceeding with $13 billion of near-term growth opportunities that are
expected to be in-service by 2018"
* Q4 revenue $2.85 billion versus $2.62 billion last year
* Remain supportive of keystone xl" and continue to review options, including
filing new application for cross border permit
* Denial of presidential permit for keystone xl resulted in $2.9 billion
after-tax non-cash impairment charge
* Subject to regulatory approvals, energy east pipeline is anticipated to
commence deliveries by the end of 2020
* Says proceeding with $13 billion of near-term growth opportunities that are
expected to be in-service by 2018
* On January 27, 2016, the Canadian federal government announced interim
measures for its review of the energy east pipeline project
* All figures are in c$

* Source text for Eikon Further company coverage TRP.TO

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