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Company News

Canada's TC Energy reports higher quarterly profit

Feb 13 (Reuters) - Keystone pipeline operator TC Energy Corp reported a 2.5% rise in fourth-quarter profit on Thursday, partly helped by its U.S. natural gas pipelines.

The Calgary, Alberta-based company’s comparable earnings rose to C$970 million ($731 million), in the three months ended Dec. 31, from C$946 million a year earlier.

On a per share basis, the company’s earnings were unchanged at C$1.03.

Revenues fell to C$3.26 billion from C$3.90 billion. ($1 = 1.3262 Canadian dollars) (Reporting by Shanti S Nair in Bengaluru; Editing by Maju Samuel)

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