Great yield.
TY
We might hold off here for a bit. The company is going through a bit of a transition and it wil likely take markets some time to digest some of these updates. The company announced a spinoff transaction into two companies, a natural gas/energy company and a liquids pipeline company. The transaction proposes that holders will retain current shares of TRP and then receive a pro-rata allocation of the new liquids pipeline company. They expect the transaction to be tax-free.
TRP also reported earnings with EPS of $0.96, meeting estimates and revenues of $3.8 bln, ahead of estimates at $3.7 bln. The main focus is going to be the spin-off here though.