TC Energy Tops Q4 Profit Estimate on Strong U.S. Natural Gas Demand

TC Energy beats profit estimates on natural gas and power demand, hikes dividend

Adjusted core profit within the U.S. natural gas pipelines segment rose to $1.39-billion

TC Energy Tops Q4 Profit Estimate on Strong U.S. Natural Gas Demand

TC Energy Corporation beat analyst estimates for fourth-quarter profits amid soaring demand for natural gas in the United States which boosted its pipeline flows to an all-time delivery record early this year. TC Energy on Friday reported earnings per common share from continuing operations at US$0.72 (C$0.98), beating the average consensus estimate of    US$0.68 (C$0.92). TC Energy’s deliveries on the Canadian Natural Gas Pipelines averaged 27.…

TC Energy beats profit estimates on natural gas, power demand

Canadian pipeline operator TC Energy TRP-T beat analysts’ estimates for fourth-quarter adjusted profit on Friday, helped by strength across its North American operations and increased demand for natural gas and power.