TC Energy reports Q1 comparable EPS C$0.99 vs. C$0.95 last year

Reports Q1 comparable EBITDA C$3.1B vs. C$2.7B in 1Q25. CEO Francois Poirier commented, “We entered 2026 with strong momentum. Our best safety performance in six years drove seven delivery records across North America, while consistent execution delivered strong financial results, with comparable EBITDA1 up 14%and segmented earnings up 10% compared to Q1 2025. Constructive market conditions continue to translate into attractive, disciplined growth opportunities. Today, I’m pleased to announce the Appalachia Supply Project, a US$1.5B, low-risk, strategic expansion on our Columbia Gas system that is expected to strengthen our position and create a new platform for capital-efficient opportunities in a high-growth power and industrial corridor. Customer demand continues to validate our strategy; our recent 2.5x oversubscribed open season on Crossroads reinforces the strength of our project origination backlog and provides clear visibility to long-term, high-quality growth.”