• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

TC Energy reports $1.15B first-quarter profit, up from $1.0B a year ago

May 1, 20206:16 AM The Canadian Press0 Comments

CALGARY – TC Energy Corp. reported a first-quarter profit of $1.15 billion, up from $1.0 billion a year ago.

The company formerly known as TransCanada says the profit amounted to $1.22 per diluted share for the quarter ended March 31 compared with $1.09 per diluted share in the first quarter of 2019.

Revenue for the three months totalled nearly $3.42 billion, down from nearly $3.49 billion in the same quarter last year.

TC Energy says its comparable earnings for first quarter 2020 were $1.1 billion or $1.18 per share compared with $1.0 billion or $1.07 per share in 2019.

Analysts on average had expected a profit of $1.06 per share, according to financial markets data firm Refinitiv.

TC Energy announced at the end of March that it would begin construction of its Keystone XL pipeline project with the help of an investment and loan guarantees from the Alberta government.

Keystone XL TC Energy

Follow the BOE Report
  • Facebook
  • Twitter
  • LinkedIn
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • Canada unveils GHG reduction credits to boost carbon trading market
  • Canada’s weekly rig count drops 5 to 172
  • AER suspends SanLing Energy Ltd.’s operations
  • U.S. drillers add oil and gas rigs for second week in a row
  • Tamarack Valley Energy upsizes previously announced financing

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView





    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    • Foxterra
    BOE Network
    © 2021 Grobes Media Inc.