TC Energy Corp T.TRP

Nice Turn Around

[retiredcf]

TC Energy Corp reported on Thursday a second-quarter profit, compared to a loss the prior three months, as the Canadian pipeline operator carried more volumes of crude following a recovery in fuel demand from pandemic lows.

Net income attributable to common shares rose to $982 million, or $1.00 per share, in the three months ended June 30, compared to a loss of $1.06 billion, or $1.11 per share, in the prior quarter.

[DeanEdmonton]

Great results and the stock still falls off. Good thing I bought this when it was in the 30s and 40s and it produces a great divdiend stream. It will slowly climb but there is no douby piplines are not in favour with many of the big investment houses.

[TickerTwit]

Look closely at details of operating income. .