TC Energy gains on full-year core profit forecast raise

TC Energy

31/07/2025 15:13

** Shares of Canadian pipeline operator TC Energy TRP.TO up 1.9% at C$66.24

** Company raises full-year adjusted core earnings forecast, driven by increased natural gas and power demand and strength in its North America operations

** TRP raises 2025 adjusted core profit forecast to a range of C$10.8 to C$11.0 billion compared to its previous outlook of C$10.7 to C$10.9 billion

** Company posts Q2 adjusted profit of 82 Canadian cents/share vs analyst estimate of 78 Canadian cents/share - data compiled by LSEG

** Including session's move, TRP shares down 1.1% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))