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Article: TC PipeLines, LP Fourth Quarter Earnings Reflect Solid Financial Performance.
- Article from:
- PR Newswire
- Article date:
- January 25, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALGARY, Jan. 25 /CNW-PRN/ - (Nasdaq NM: TCLPZ) - TC PipeLines, LP today announced 1999 fourth quarter net income of US$8.7 million or US$0.49 per unit. Net income is comprised of US$9.1 million of equity income from the Partnership's 30 percent general partner interest in Northern Border Pipeline Company (Northern Border), less US$0.4 million general and administrative expenses incurred by the Partnership.
From the commencement of operations on May 28, to December 31, 1999, TC PipeLines, LP reported net income of US$20.2 million or US$1.13 per unit, of which equity income from Northern Border amounted to US$20.9 million and general and administrative expenses ...
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Article: TC PipeLines, LP Announces Third Quarter Earnings ...
PR Newswire;
October 19, 1999 ;
700+ words
... ... per unit. TC PipeLines' 30 percent ... interest in Northern Border Pipeline ... assets. TC PipeLines owns a 30 ... interest in Northern Border Pipeline ... represents TC PipeLines' 30 percent share of Northern Border Pipeline ...
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