TC Energy predicts a profit boost in 2025, driven by new projects and increased energy demand.

TC Energy forecasts its 2025 core profit to be between $10.7 billion and $10.9 billion, up from 2024, driven by rising gas and electricity demand. The company announced four new projects totaling $1.5 billion in capital expenditure, supporting growth in natural gas and nuclear power generation. TC Energy also expects significant data center opportunities, potentially consuming over two billion cubic feet of natural gas daily in North America.

November 19, 2024
19 Articles

Further Reading