TC Energy Corporation Q1 2026 Financial Summary

TC Energy Corporation reported its first quarter 2026 financial results, with revenues of $3,861 million, a slight increase from $3,623 million in the same period of 2025. Net income attributable to common shares was $899 million, or $0.86 per share, down from $978 million, or $0.94 per share, in the prior year. Comparable EBITDA rose to $3,088 million from $2,709 million, driven by strong performance in Mexico and U.S. Natural Gas Pipelines segments, partly offset by a weaker U.S. dollar. Comparable earnings increased to $1,031 million from $983 million, with comparable earnings per share at $0.99, up from $0.95. The company noted significant capital expenditures, with approximately $23 billion in secured projects, including natural gas pipeline expansions and power generation projects. Outlook for 2026 remains consistent with previous guidance. The company also highlighted progress on key projects, including the NGTL System and Coastal GasLink Pipeline Phase 2 Expansion.