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TC Energy reports better-than-expected profits, hikes dividend, amid pipeline expansion in Mexico.
TC Energy reported higher-than-expected fourth-quarter profits, largely due to strong performance in Mexico, where earnings from natural gas pipelines increased by $26 million.
The company also announced a 3.3% dividend hike and expects its Southeast Gateway pipeline to be operational by May 2025.
Despite concerns over possible US tariffs on Canadian and Mexican goods, TC Energy's adjusted profit was $1.05 per share, beating analyst expectations of $1.00 per share.
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TC Energy reporta ganancias mejores de las esperadas, aumentos de dividendos, en medio de la expansión de oleoductos en México.