TC Energy (TSE:TRP) has released an update.
TC Energy’s second quarter report of 2024 shows a robust financial performance with revenues rising to $4,085 million from $3,830 million the previous year, and net income attributable to common shares surging to $963 million, a significant increase from $250 million in 2023. Basic earnings per common share also saw a notable increase to $0.93, up from $0.24 in the same period last year. The company’s operations generated substantial cash flow, and dividends per common share were maintained at a competitive rate of $0.96.
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