TC Energy (TSX:TRP.PR.B.PFD) Natural Gas Storage Capacity (Bcf) : 0.00 (As of . 20)

View and export this data going back to 1958. Start your Free Trial

What is TC Energy Natural Gas Storage Capacity (Bcf)?

Natural Gas Storage Capacity (Bcf) is the maximum volume of natural gas that can be stored at the storage facility. The utility storage is important, since it's the midstream opportunities that offer investors the potential for profit.

The historical rank and industry rank for TC Energy's Natural Gas Storage Capacity (Bcf) or its related term are showing as below:

TSX:TRP.PR.B.PFD's Natural Gas Storage Capacity (Bcf) is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Natural Gas Storage Capacity (Bcf) only.

TC Energy Natural Gas Storage Capacity (Bcf) Historical Data

The historical data trend for TC Energy's Natural Gas Storage Capacity (Bcf) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TC Energy Natural Gas Storage Capacity (Bcf) Chart

TC Energy (TSX:TRP.PR.B.PFD) Natural Gas Storage Capacity (Bcf) Explanation

A natural gas storage is a facility that can store natural gas for an indefinite period of time. Natural gas storages are typically located underground, that’s why they are called underground gas storages or UGS as well. The main function of gas storages is to inject and store natural gas at a time of low prices and/or low demand and use the gas by withdrawing at times of higher prices and/or higher demand.

Why is utility storage important to investors?

Each week, the U.S. Energy Information Administration releases its natural gas storage report. This report highlights the change in working gas storage. A dramatic drawdown of inventory can lead to a jump in the price of natural gas and, conversely, a buildup in storage is a bearish indicator. By tuning into the storage numbers, investors can see one of the driving forces behind natural gas prices.

It is also used to quantify the energy produced (or potentially produced) by a company's reserves, as well as what is actually delivered to customers. Investors will look at this figure to understand how much earning potential a producer in the space may have.

TC Energy Natural Gas Storage Capacity (Bcf) Related Terms

Thank you for viewing the detailed overview of TC Energy's Natural Gas Storage Capacity (Bcf) provided by GuruFocus.com. Please click on the following links to see related term pages.

TC Energy (TSX:TRP.PR.B.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TC Energy Corp (TSX:TRP.PR.B.PFD) » Definitions » Natural Gas Storage Capacity (Bcf)

Comparable Companies

Traded in Other Exchanges

TCANF.PFD:USA TRP:USA TRS:Germany TRP.PR.I.PFD:Canada TRP.PR.H.PFD:Canada TRP.PR.G.PFD:Canada TRP.PR.F.PFD:Canada TRP.PR.E.PFD:Canada TRP.PR.D.PFD:Canada TRP.PR.C.PFD:Canada TRP.PR.A.PFD:Canada TRP:Canada

Address

450 - 1st Street SW, Calgary, AB, CAN, T2P 5H1

Website

https://www.tcenergy.com

TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,300 megawatts of electric power.

TC Energy (TSX:TRP.PR.B.PFD) Headlines

No Headlines