TRP - TC Energy Q3 Earnings Top Estimates Appoints Board Chair Revises Guidance & More | Benzinga
TC Energy Corp (NYSE: TRP) reported third-quarter (Q3) 2023 comparable EPS of 74 cents, beating the consensus of 71 cents, and sales of $2.94 billion exceeding the estimate of $2.75 billion.
The Calgary, Canada-based company's comparable EBITDA rose 7% Y/Y to C$2.6 billion on growth across most segments.
U.S. Natural Gas Pipelines reported a comparable EBITDA of C$968 million (vs. C$926 million a year ago), and Canadian Natural Gas Pipelines' comparable EBITDA rose to C$781 million from C$713 million a year ago.
NGTL System receipts averaged 14.0 Bcf/d, up 0.5 Bcf/d Y/Y, and U.S. Natural Gas Pipelines LNG deliveries averaged 3.1 Bcf/d, up 1.4% Y/Y.
Segment earnings declined to C$0.6 billion from ...