TC Energy Corporation Q2 2025 Financial and Operational Summary

SEC Filing 6-K (0001232384-25-000066)

TC Energy Corporation reported its financial and operational results for the second quarter of 2025. The company highlighted increased EBITDA in Canadian Natural Gas Pipelines due to higher flow-through costs and contributions from Coastal GasLink. U.S. Natural Gas Pipelines saw a net increase in earnings from Columbia Gas, while Mexico Natural Gas Pipelines benefited from the completion of the Southeast Gateway pipeline. Power and Energy Solutions experienced higher contributions from Bruce Power but faced lower realized power prices in Canadian Power. The company's overall comparable EBITDA and comparable earnings per common share outlook for 2025 remain consistent with previous reports. TC Energy continues to develop quality projects under its capital program, with approximately $21 billion of secured projects in progress.