TC Energy Management Commentary Attributes Q3 2026 Comparable EBITDA Growth to Stronger US Pipeline Results

By Public Technologies12:24 (UTC), 5 November 2026 Updated

TC Energy management commentary attributed third-quarter 2026 comparable EBITDA growth of 13% to stronger U.S. pipeline earnings and higher Bruce Power contributions.
U.S. pipeline performance benefited from higher transportation rates and additional contracted sales, partly offset by lower GTN contracted sales.
Bruce Power benefited from higher contract prices and increased production following Unit 3's return to service.
Comparable earnings rose to CAD 0.94 per share from CAD 0.77; higher depreciation, taxes and interest costs partly offset EBITDA growth.
Management raised its 2026 comparable EBITDA outlook to CAD 11.8 billion–CAD 12 billion, citing strong operations, favorable settlements and earlier project completions.

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