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Pipeline operator TC Energy quarterly profit falls

Pipeline operator TC Energy quarterly profit falls

Reuters · 07/28/2022 07:39
Pipeline operator TC Energy quarterly profit falls

- Pipeline operator TC Energy TRP reported a 5.7% fall in quarterly adjusted profit on Thursday, hit by lower contributions from its Canadian Natural Gas Pipelines.

The company said second-quarter comparable earnings fell to C$979 million ($763.71 million), or C$1 per common share, in the three months ended June 30, from C$1.04 billion, or C$1.06 per common share, a year earlier.





($1 = 1.2819 Canadian dollars)


(Reporting by Arunima Kumar in Bengaluru;
Editing by Vinay Dwivedi)

((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))