Investment
Features
FeesSafety
Academy
More
Pluang+

TC Energy beats Q2 earnings estimates, expands growth projects amid strong gas pipeline performance

Company Fundamentals
30 Jul 2026
Rayan Ahmad
View Source
Bullish
pluang ai news

TC Energy reported adjusted Q2 earnings of C$0.94 per share, beating analyst estimates driven by strong North American natural gas pipeline operations. Despite revenue slightly missing some forecasts, the company expects to reach the upper end of its 2026 EBITDA guidance of C$11.6-11.8 billion. TC Energy approved C$0.7 billion in new growth projects in Q2, focusing on pipeline expansions linked to rising natural gas demand, including power generation and AI data centers. The company trades at a P/E of 29.68 with a debt-to-equity ratio of 2.25, reflecting its capital-intensive infrastructure business.

More News

Boston Scientific beats Q2 estimates but lowers 2026 outlook amid competition, stock target cut to $70

Boston Scientific beats Q2 estimates but lowers 2026 outlook amid competition, stock target cut to $70

Boston Scientific reported strong Q2 results with revenue of $5.442 billion and adjusted EPS of $0.86, surpassing analyst expectations. However, RBC Capital lowered the 2026 stock price target from $85 to $70 due to competitive pressures and a reduce...

Company Fundamentals
Bullish
1 hour ago
AST SpaceMobile upgraded by Scotiabank amid satellite launches and stock rebound potential

AST SpaceMobile upgraded by Scotiabank amid satellite launches and stock rebound potential

AST SpaceMobile, a pioneer in space-based cellular broadband, was upgraded by Scotiabank from Underperform to Sector Perform due to improved outlook. The company faced past challenges including competition from Starlink, slow adoption, satellite dela...

Analyst Insights
Bullish
1 hour ago
Quaker Houghton raises dividend for 17th year despite expected earnings drop

Quaker Houghton raises dividend for 17th year despite expected earnings drop

Quaker Houghton is set to report quarterly earnings with analysts expecting $1.66 EPS on $504.63 million revenue, signaling a year-over-year earnings decline despite higher sales. The company declared a $0.53 per share dividend, marking its 17th cons...

Company Fundamentals
Neutral
1 hour ago
GraniteShares announces weekly distributions for multiple YieldBOOST ETFs with varied rates and payment dates.

GraniteShares announces weekly distributions for multiple YieldBOOST ETFs with varied rates and payment dates.

GraniteShares has announced the weekly distribution amounts for its YieldBOOST ETFs, including COYY, TSYY, NVYY, and others, with distribution rates ranging from about 2% to over 95%. These ETFs use a strategy involving selling put options to generat...

Company Fundamentals
Neutral
1 hour ago
SBA names five finalists for $1M Freedom 250 Patriot Pitch competition in Washington, D.C.

SBA names five finalists for $1M Freedom 250 Patriot Pitch competition in Washington, D.C.

The U.S. Small Business Administration (SBA) announced five finalists for the Freedom 250 Patriot Pitch Competition, celebrating small businesses that used SBA capital to innovate and grow. The finalists—Compotech, Plas-Tech Tooling, Red River, VetPo...

Market News
Neutral
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App