Tc Energy Corporation · TSX:TRP
Tc Energy — Shareholder Meeting (May 2020)
20 slides from Tc Energy's shareholder meeting presentation, May 2020
Slide 1: Annual Meeting of Shareholders 2020
Welcome Annual Meeting of Shareholders 2020
Slide 2: Chair's welcome
Chair’s welcome CEO’s message Constitution of meeting Financial statements and auditors’ report Election of directors Siim Vanaselja Chair of the Board Appointment of auditors of Directors Executive compensation Completion of balloting Q&A
Slide 3: Forward looking information and non-GAAP measures
Chair’s welcome Forward looking information and non-GAAP measures CEO’s message This presentation includes certain forward looking information, including future oriented financial information or financial outlook, which is intended to help current and potential investors understand management’s asse
Slide 4: Acknowledgment of the land
Chair’s welcome CEO’s message Constitution of meeting Financial statements and auditors’ report Election of directors Acknowledgment of the land Appointment of auditors Executive compensation Completion of balloting Q&A
Slide 5: CEO's message
Chair’s welcome CEO’s message Constitution of meeting Financial statements and auditors’ report Election of directors Russ Girling President and Chief Appointment of auditors Executive Officer Executive compensation Completion of balloting Q&A
Slide 6: Delivering the energy people need, every day.
Delivering the energy people need, every day. Safely. Responsibly. Collaboratively. With integrity.
Slide 7: Environmental Social Governance
Environmental Social Governance
Slide 8: Building strong communities.
Building strong communities. Generating beneficial social and economic impacts for society.
Slide 9: COVID-19 relief campaign.
COVID-19 relief campaign. More than $2 million donated by employees, the public and TC Energy combined.
Slide 10: Environmental stewardship and protection.
Environmental stewardship and protection. Protecting biodiversity, managing emissions and reclaiming land responsibly.
Slide 11: Strong governance.
Strong governance. Excellence in leadership, safety and risk management.
Slide 12: Delivering long-term shareholder value
Delivering long-term shareholder value 2019 financial highlights Comparable earnings per common share* 2019 $4.14 7% 2018 $3.86 Increase Comparable funds generated from operations*(Billions) 2019 $7.1 9% 2018 $6.5 Increase *Comparable earnings per common share and comparable funds generated from ope
Slide 13: Demonstrating financial strength and resilience in 2020
Demonstrating financial strength and resilience in 2020 Three months ended March 31 financial highlights Comparable earnings per common share* 2020 $1.18 10% 2019 $1.07 Increase Comparable funds generated from operations*(Billions) 2020 $2.1 17% 2019 $1.8 Increase *Comparable earnings per common sha
Slide 14: Continuing 20-year track record of dividend growth
Continuing 20-year track record of dividend growth 8% increase in February 2020 $3.24* 7% CAGR $0.80 2000 2005 2010 2015 2020E *Annual rate based on second quarter dividend declared of $0.81 per share
Slide 15: Advancing industry-leading $43 billion capital program
Advancing industry-leading $43 billion capital program Liquids Pipelines $13.0 billion Natural Gas Pipelines $43 billion through 2023 Power and Storage $27.4 billion $2.4 billion Non-recoverable Maintenance Capital $0.6 billion
Slide 16: Coastal GasLink.
Coastal GasLink. Building an extraordinary legacy together.
Slide 17: Bruce Power.
Bruce Power. Delivering emissions-free electricity for millions of homes.
Slide 18: Keystone XL.
Keystone XL. Enhancing North American energy security.
Slide 19: Dividend growth outlook
Dividend growth outlook Supported by expected growth in earnings and cash flow 8-10% $3.24* 5-7% Expected organic growth per year 2021+ • $43 billion secured growth program • Further “in-corridor” expansions expected from existing asset base • Could be supplemented by opportunistic, strategic, inorg
Slide 20: Thank you!
Fhank you! 2) TC Energy