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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
or
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the period MAY 28 TO JUNE 30, 1999
Commission File Number: 000-26091
TC PIPELINES, LP
(Exact name of registrant as specified in its charter)
Delaware 52-2135448
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
Four Greenspoint Plaza
16945 Northchase Drive
Houston, Texas 77060
- ---------------------------------------- ---------------------
(Address of principal executive offices) (Zip code)
(281) 873-7774
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Registrant's telephone number, including area code
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such report(s), and (2) has been subject to such
filing requirements for the past 90 days.
Yes [X] No [ ]
THE REGISTRANT HAD 14,690,694 COMMON UNITS OUTSTANDING AS OF AUGUST 31,
1999.
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PART II. OTHER INFORMATION
TC PIPELINES, LP
ITEM 6. Exhibits and Reports on Form 8-K
(a) Exhibits.
Exhibit 27.
(b) Reports on Form 8-K.
None.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
TC PIPELINES, LP
(a Delaware Limited Partnership)
By: TC PipeLines GP, Inc., its general partner
By: /s/
-------------------------------------
Date: August 31, 1999 Theresa Jang
Controller
<TABLE> <S> <C>
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<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND INCOME STATEMENT FOUND ON PAGE 3 OF THIS PARTNERSHIP'S FORM 10-Q FOR
THE YEAR-TO-DATE, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<CASH> 300
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 300
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 245,081
<CURRENT-LIABILITIES> 444
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 244,637
<TOTAL-LIABILITY-AND-EQUITY> 245,081
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 2,986
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,986
<EPS-BASIC> 0.17
<EPS-DILUTED> 0.17
</TABLE>