TC Energy Corporation (TRP)

The company now

TC Energy reported second-quarter 2026 comparable EBITDA of $2.9 billion on 30 July, against $2.6 billion a year earlier 1.

The company calls comparable EBITDA a non-GAAP measure, one with no standardized meaning under accounting rules 1.

Chief executive François Poirier said the company now expects comparable EBITDA at the upper end of its $11.6 to $11.8 billion range for 2026 1.

The company said it has sanctioned about $3 billion of new growth projects over six months, including three natural gas pipeline projects announced that day 1.

Two of the three are U.S. expansions backed by 20-year take-or-pay contracts 1.

Reuters reported that surging electricity use, particularly from AI-driven data centres, is lifting demand for gas-fired power plants and pushing pipeline operators to add capacity 5.

Reuters also reported that profit from the Mexican pipelines climbed about 28.2 percent to C$409 million 5.

The next event is the third-quarter report and an update to the company's financial outlook, due on a call on 5 November 9.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.