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2024

TC Energy Books Record Earnings amid High Natural Gas Demand

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TC Energy Corporation reported on Friday record comparable core earnings and earnings per share for 2023, topping analyst estimates, as demand for natural gas and LNG surged. The Canada-based pipeline giant booked US$8 billion (C$11.0 billion) in earnings before interest, tax, depreciation, and amortization (EBITDA) for 2023, up by 11% compared to 2022. Comparable earnings per common share rose by 5% annually to US$3.35 (C$4.52) in 2023. TC Energy’s deliveries to power generators on its U.S. Natural Gas Pipelines continued to grow,…



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