TC Energy reports Q2 comparable EPS C$0.82 vs. C$0.79 last year

“Our commitment to safety and operational excellence continues to drive strong reliability, availability and financial performance, and we now expect our 2025 comparable EBITDA outlook to be higher, in the range of $10.8B-$11.0B.” Poirier continued, “Compelling fundamentals are unlocking further growth opportunities across our North American portfolio. To meet this unprecedented demand, we have announced $4.5B of new growth projects over the past nine months, including requests for incremental capacity on projects already announced – a trend we’re seeing on several projects currently in development. Our focus on project execution is also delivering tangible results and we expect to place approximately $8.5B of capital projects into service this year, on time and are tracking approximately 15% below budget. We remain highly confident in our disciplined strategy and our ability to capture high-value, low-risk opportunities across North America that drive long-term shareholder value.”