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Lockheed Martin And TC Energy Partner To Advance Alberta Sustainability And Decarbonization Efforts.

CALGARY, Alberta, July 08, 2021 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Thursday, July 29, 2021 to discuss its second quarter financial results, which will be released pre-market. François Poirier, TC Energy President and Chief Executive Officer; Don Marchand, Executive Vice-President and Chief Financial Officer; and other members of the executive leadership team will discuss the financial results and...

TC Energy Corporation today announced net income attributable to common shares for fourth quarter 2020 of $1.1 billion or $1.20 per share compared to net income of $1.1 billion or $1.18 per share for the same period in 2019. For the year ended December 31, 2020, net income attributable to common shares was $4.5 billion or $4.74 per share compared to net income of $4.0 billion or $4.28 per share for 2019. Comparable earnings for fourth quarter 2020 were $1.1 billion or $1.15 per common share compared to $970 million or $1.03 per common share in 2019. For the year ended December 31, 2020, comparable earnings were $3.9 billion or $4.20 per common share compared to $3.9 billion or $4.14 per common share for 2019. TC Energy's Board of Directors also declared a quarterly dividend of $0.87 per common share for the quarter ending March 31, 2021, equivalent to $3.48 per common share on an annualized basis, an increase of 7.4 per cent. This is the twenty-first consecutive year the Board has raised the dividend.

Carseland Cogeneration Plant has been providing Alberta with up to 95 megawatts of electricity from its industrial cogeneration plant in Carseland, Alberta. It supplies power to Nutrien’s Carseland Nitrogen Operation as well as needed support for the Southern Alberta electrical grid.

Located in West Virginia, Hardy Gas Storage can hold up to 20 billion cubic feet of natural gas.

Don Marchand, Executive Vice-President and Chief Financial Officer of TC Energy Corporation will be presenting at the J.P. Morgan Energy Conference in New York, NY on June 18, 2019.

Comparable EBITDA now expected to be at the upper end of 2023 outlook. TC Energy Corporation (TSX, NYSE: TRP) released its third quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “During the third quarter, we made monumental progress on Coastal GasLink and have achieved mechanical completion ahead of our year-end target...

TC Energy Corporation today announced net income attributable to common shares for fourth quarter 2019 of $1.1 billion or $1.18 per share compared to net income of $1.1 billion or $1.19 per share for the same period in 2018. For the year ended December 31, 2019, net income attributable to common shares was $4.0 billion or $4.28 per share compared to net income of $3.5 billion or $3.92 per share in 2018. Comparable earnings for fourth quarter 2019 were $970 million or $1.03 per common share compared to $946 million or $1.03 per common share for the same period in 2018. For the year ended December 31, 2019, comparable earnings were $3.9 billion or $4.14 per common share compared to $3.5 billion or $3.86 per common share in 2018. TC Energy's Board of Directors also declared a quarterly dividend of $0.81 per common share for the quarter ending March 31, 2020, equivalent to $3.24 per common share on an annualized basis, an increase of eight per cent. This is the twentieth consecutive year the Board has raised the dividend.

We congratulate Chief Councilor Crystal Smith and the Haisla Nation on moving closer to realizing this visionary project. The Cedar LNG Project will advance Indigenous-led economic development and reduce global emissions.