Opinion on  TransCanada Corp. (TRP)     Sector: Utilities  >  Industry: Natural Gas Utilities
Whats a TRP?

Has Washington come up with another bail out program called TRP? 

Could this be for real? Yes and no.

TRP = TransCanada Corporation. A energy infrastructure principally in North America. It operates through two segments, Pipelines and Energy. The Pipelines segment develops and operates energy infrastructure, including natural gas pipelines, regulated gas storage facilities, and projects related to oil pipelines. Paying a current dividend of  5.30% as of 12/01/08 TRP is a LT position.

The company was founded in 1951 and is headquartered in Calgary, Canada. The Pipelines segment develops and operates energy infrastructure, including natural gas pipelines, regulated gas storage facilities, and projects related to oil pipelines. Its network of wholly owned pipelines extends approximately 59,000 kilometers tapping into various gas supply basins in North America. This segment also has natural gas pipeline and related holdings in Mexico and South America. The Energy segment engages in the acquisition, development, construction, ownership, and operation of electrical power generation plants; the purchase and marketing of electricity; the provision of electricity account services to energy and industrial customers; and the development, construction, ownership, and operation of non-regulated natural gas storage in Alberta, and liquefied natural gas facilities in Canada and the United States.