Tradition

Traders Unsure What to Make of 89 Bcf Storage Pull

Following the market’s recent tradition of following a large spike with a similar collapse a day or two later, January natural gas futures answered Wednesday’s 21.3-cent jump with a 17.1-cent drop Thursday to close at $4.435.

December 10, 2010

Futures Rebound; Forecasters Eye Stormy October

Continuing the months-long tradition of back-and-forth trading, October natural gas futures gained back almost half of Monday’s 20.2-cent decline on Tuesday. The prompt-month contract added 9.7 cents to close the regular session at $3.919.

September 22, 2010

Power Generation Business Leads TransCanada Improvements in 2003

TransCanada PipeLines broke with tradition in letting its power business take the spotlight last year. The company said Tuesday that it raised its dividend by C2 cents/share to C29 cents and reported higher net income for the fourth quarter and the full year of 2003 mainly due to improvements made possible by its power plant acquisitions. Its full-year C$1.66/share earnings from continuing operations beat analysts estimates of C$1.59/share.

February 2, 2004

Power Generation Business Leads TransCanada Improvements in 2003

TransCanada PipeLines broke with tradition in letting its power business take the spotlight last year. The company said Tuesday that it raised its dividend by C2 cents/share to 29 cents and reported higher net income for the fourth quarter and the full year of 2003 mainly due to improvements made possible by its power plant acquisitions. Its full-year $1.66/share earnings from continuing operations beat analysts estimates of $1.59/share.

January 28, 2004