TC Energy Q3 Comparable Earnings, Revenue Rise

MT newswire2026/11/05 10:47

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06:47 AM EST, 11/05/2026 (MT Newswires) -- TC Energy (TRP) reported Q3 comparable earnings Thursday of 0.94 Canadian dollars ($0.67) per share, up from CA$0.77 a year earlier. Analysts polled by FactSet expected CA$0.88. Revenue for the quarter ended Sept. 30 was CA$4.03 billion, up from CA$3.70 billion a year earlier. Analysts expected CA$3.98 billion. The company said its comparable EPS outlook is expected to be higher than 2025.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41