17:39:06 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



TC Energy Corp
Symbol TRP
Shares Issued 1,037,487,829
Close 2023-11-08 C$ 49.84
Market Cap C$ 51,708,393,397
Recent Sedar Documents

Van Sun/CP say TC Energy posts Q3 loss on writedown

2023-11-09 09:34 ET - In the News

The Vancouver Sun reports in its Thursday edition that TC Energy posted a loss in its latest quarter compared with a profit a year ago as it took an impairment charge related to its Coastal GasLink pipeline project. A Canadian Press dispatch to The Sun says that the result came as the company says it has achieved mechanical completion of Coastal GasLink ahead of its year-end target and plans to complete commissioning activities to be ready to deliver gas to the LNG Canada facility by the end of the year. The pipeline company reported a net loss attributable to common shares of $197-million for the quarter ended Sept. 30 compared with net income of $841-million or 84 cents per share in third quarter 2022. The latest results included a $1.18-billion after-tax impairment charge related to its equity investment in the Coastal GasLink Pipeline Limited Partnership. Revenue for the quarter totalled $3.94-billion, up from $3.80-billion a year earlier. TC Energy closed Wednesday at $49.84, up 41 cents on the Toronto Stock Exchange.

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