Earnings ·
TC Energy Corporation reported second quarter 2026 comparable earnings of $1.0 billion, or $0.94 per share, up from…
TCNCFTC Energy Corp
TC Energy Corporation reported second quarter 2026 comparable earnings of $1.0 billion, or $0.94 per share, up from $0.8 billion in the prior year period. Comparable EBITDA reached $2.9 billion, exceeding the previous year's $2.6 billion. The company raised its full-year 2026 comparable EBITDA outlook to the upper end of the $11.6 to $11.8 billion range and anticipates capital expenditures between $5.5 and $6.0 billion. Management sanctioned approximately $3 billion in new growth projects during the first half of 2026, including three natural gas pipeline expansions with weighted average build multiples around 5.8 times. The Board declared a quarterly dividend of $0.8775 per common share for Q3 2026, payable October 30 to shareholders of record on September 29. TC Energy operates in the energy infrastructure industry, owning and operating natural gas pipelines and power generation assets across North America.