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HomeMarketPipeline operator TC Energy posts 8% rise in quarterly profit By Reuters

Pipeline operator TC Energy posts 8% rise in quarterly profit By Reuters

© Reuters. FILE PHOTO: TC Energy’s logo is pictured on a smartphone in front of the stock graph displayed in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File photo
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(Reuters) – TC Energy (NYSE:) Corp reported an 8% rise in quarterly profit on Wednesday, as surging energy demand boosted the Canadian pipeline operator’s earnings from transporting .

The Calgary-based company’s net income attributable to common shares stood at C$841 million ($625.65 million), or 84 Canadian cents per share, for the three months to Sept. 30, from C$779 million, or 80 Canadian cents per share, a year earlier.

($1 = 1.3442 Canadian dollars)

Story Credit: investing.com

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