TC Energy Corp

TRP: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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TC Energy Earnings: Full-Year Guidance Increased on Asset Availability and Project Execution

Adam Baker

Aug 1, 2025

TC Energy reported an adjusted EBITDA of CAD 2.625 billion, beating PitchBook consensus by 3%. Full-year guidance was revised up CAD 100 million to CAD 10.9 billion at the midpoint. Management cited asset availability, project execution, and positive rate decisions.

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TC Energy Corp

TC Energy Earnings: Full-Year Guidance Increased on Asset Availability and Project Execution

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