CALGARY, Alberta, April 29, 2022 (GLOBE NEWSWIRE) — TC Energy Corporation released its first quarter results today. TC Energy's President and Chief Executive Officer, François Poirier commented that, “During the first three months of 2022, our diversified and opportunity-rich portfolio of essential energy infrastructure assets continued to deliver strong results and reliably meet North America's growing demand for energy..."

Take a closer look at maps of our North American oil & liquids operations.

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.

This pipeline expansion project in western Alberta expanded pipeline capacity for the transportation of natural gas to growing markets located in central and southern Alberta from the Peace River Project Area.

With more than 30 storage locations in four states, Columbia Gas Transmission Storage has enough capacity to handle almost 630 billion cubic feet of natural gas.

Located in the community of Grande Prairie, Alberta, Bear Creek Cogeneration Plant produces up to 100 megawatts of electricity to both Weyerhaeuser’s Grande Prairie Pulp and Sawmill and Alberta’s competitive electricity market.

The 430 km (267 mile) Mazatlán Pipeline will safely deliver natural gas to CFE’s Mazatlán power plant and other large areas in Sinaloa.

Iroquois is a 414-mile (666-km) interstate natural gas pipeline system that extends from the Canadian border to Commack and the Bronx, NY.

The 86-mile (138-km) North Baja Pipeline System delivers natural gas produced from West Texas and the Rocky Mountains region to markets in both the Western U.S. and Mexico.

The Sur de Texas Pipeline supplies natural gas generation plants in Tamaulipas and Veracruz, as well as some regions of the East, West and Central Mexico.