TC PipeLines, LP Announces Fourth Quarter Distribution and Schedules Earnings Teleconference and Webcast.CALGARY, Alberta -- TC PipeLines, LP (Nasdaq:TCLP TCLP Toxicity Characteristic Leaching Procedure (US EPA)TCLP total concentrate leachate procedure TCLP Type Classification Limited Procurement TCLP Type Classification Limited Production ) (the Partnership) today announced the board of directors of TC PipeLines GP, Inc., its general partner, has declared the Partnership's fourth quarter 2004 distribution in the amount of US$0.575 per unit. This distribution is payable on February 14, 2005 to unitholders of record as of January 31, 2005. The Partnership will release its fourth quarter 2004 financial results after markets close on Monday, February 7, 2005. Analysts, members of the public, the media and other interested parties are invited to participate in a teleconference and audio webcast on February 8, 2005 at 12 p.m. (Eastern). Ron Turner For other persons of the same name, see Turner. Ron Turner is the name of:
A live webcast of the conference call will also be available through the Partnership's website at www.tcpipelineslp.com. An audio replay of the call will be maintained on the website. TC PipeLines, LP is a publicly held limited partnership. It owns a 30 per cent interest in Northern Border Pipeline Northern Border Pipeline is a natural gas pipeline which brings gas from Canada through Montana, North Dakota, South Dakota, Minnesota, and Iowa into the Chicago area. It is owned by ONEOK Partners and TC Pipelines. Its FERC code is 89.[1] Reference 1. Company, a Texas general partnership, and a 49 per cent interest in Tuscarora Gas Transmission Company, a Nevada general partnership. Northern Border Pipeline, which is owned 70 per cent by Northern Border Partners, L.P., a publicly traded master limited partnership controlled by affiliates of ONEOK, Inc., owns a 1,249-mile United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. interstate pipeline system that transports natural gas from the Montana-Saskatchewan border to markets in the midwestern United States. Tuscarora owns a 240-mile interstate pipeline system that transports natural gas to Nevada from Oregon, where it interconnects to TransCanada's GTN GTN gestational trophoblastic neoplasia. System. TC PipeLines, LP is managed by its general partner, TC PipeLines GP, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of TransCanada PipeLines The TransCanada pipeline is a system of natural gas pipelines, up to 48 inches (1219 millimetres) in diameter, that carries gas through Alberta, Saskatchewan, Manitoba, Ontario and Quebec. It is maintained by TransCanada PipeLines, LP. It is the longest pipeline in Canada. Limited. Subsidiaries of TransCanada also hold common and subordinated units of the Partnership. Common units of TC PipeLines, LP are quoted on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. and trade under the symbol "TCLP". For more information about TC PipeLines, LP, visit the Partnership's website at www.tcpipelineslp.com. TC Pipelines, LP (NASDAQ:TCLP) |
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