- TC Energy (TRP) reports strong first quarter 2023 results
- Priorities that lay ahead for 2023 are to deliver essential energy across North America, in addition to increasing its deleveraging objectives
- The first quarter of 2023 results were followed by a strong demand for assets
- As for its outlook this year, it hopes to continue to provide long-term growth and value to its shareholders.
- TC Energy (TRP) is up more than 1 per cent, trading at C$14.00 at 12:02 pm EST
TC Energy Corporation (TRP) released its first quarter results, highlighting sustainable cash flow growth.
Priorities that lay ahead for 2023 are to deliver essential energy across North America, in addition to increasing its deleveraging objectives.
Q1 results
The first quarter of 2023 results were followed by a strong demand for assets.
TC Energy is expecting that capital spending this year will continue to be $11.5 to $12.0 billion.
As for its outlook this year, it hopes to continue to provide long-term growth and value to its shareholders.
From current buisness growth the company has seen, the Board of Directors declared a quarterly dividend of $0.93 per common share for the quarter.
About TC Energy
The company held a teleconference and webcast today at 6:30 am MDT. Discussing Q1 financial results and current developments.
TC Energy (TRP) is up more than 1 per cent, trading at C$14.00 at 12:02 pm EST.
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