TC PipeLines LP (TCP) Tops Q2 EPS by 3c
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TC PipeLines, LP announces 2020 second quarter financial results
August 5, 2020 7:30 AM EDTHOUSTON, Aug. 05, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported net income attributable to controlling interests of $57 million and distributable cash flow of $55 million for the three months ended June 30, 2020. Â
In the second quarter of 2020, our diversified portfolio of assets generated the kind of dependable results that our unitholders expect and rely upon, said Nathan Brown, president of TC PipeLines, GP, Inc. Our critical infrastructure was highly utilized, as demand for our transportation services was largely unaffected by the COVID-19 pandemic and the prudent operatorship of our assets through... More
