From GlobeNewswire:

TC Energy Corporation released its fourth quarter results, announcing a 16% growth in comparable EBITDA of $3.1 billion compared to $2.7 billion in the fourth quarter of 2022. The company’s Board of Directors approved a 3.2% dividend increase for the quarter ending March 31, 2024. For 2023, TC Energy delivered approximately 11% growth in comparable EBITDA of $11.0 billion compared to $9.9 billion in 2022. The company also expects to place approximately $7.0 billion of new projects in service in 2024 and anticipates 2024 capital expenditures to be approximately $8.5 to $9.0 billion, focused largely on pipeline projects and maintenance. TC Energy has named incoming officers and achieved regulatory approvals for various projects. With a strong performance and outlook, the company is looking to maximize the value of its assets, execute major projects safely and enhance its balance sheet strength and flexibility in 2024.



Read more: TC Energy reports record 2023 operating and financial