|Daily Range||$43.58 - $44.20|
|52-Week Range||$42.39 - $49.65|
|Dividend (Yield)||$1.72 (4.0%)|
Dividend Pay Date
|Average Daily Volume||440,371|
|Current FY EPS||$2.20|
TransCanada (TRP) Description
A North American energy infrastructure company focused on pipelines and energy. Website: http://www.transcanada.com/
Between ExxonMobil, ConocoPhillips, Suncor, and Burlington Northern, Warren Buffett is making an enormous bet on Canadian oil sands.
The increased use of oil via rail is estimated to move just as much oil into the U.S. as TransCanada's Keystone XL pipeline. If it is getting here anyway, then do we even need it?
Alaska has benefited from royalty payments from the oil and gas industry for some time now. However, it could possibly try out a new form of involvement to profit from further development.