Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



TC Energy Co. Achieves Record Profits, Stock Rating Upgraded

February 26, 2025
TC Energy Corporation (NYSE: TRP) has announced record-breaking profits for the third quarter, leading to an upgrade in its stock rating by Veritas. The company reported a surge in revenues due to increased demand for its energy infrastructure services across Canada and the United States.

The positive financial results were driven by TC Energy's strategic investments in pipeline projects, including the completion of the Keystone XL pipeline in Canada. This major achievement has significantly contributed to the company's revenue growth and overall success.

In addition to its financial success, TC Energy gained further momentum as Van ECK Associates Corp acquired a substantial number of shares in the company. This move reflects Van ECK's confidence in TC Energy's long-term prospects and market position.

Furthermore, a senior officer of TC Energy showed his confidence in the company by acquiring a significant amount of stock. This insider purchase reflects the belief among company insiders that TC Energy is poised for further growth and profitability.

With these positive developments, investors are recommended to consider the potential of TC Energy for their investment portfolios. To gain expert insights into the forecasted movement of TC Energy's stock, it is advisable to consult professionals, such as Stocks Prognosis.

Disclaimer: The information presented here is based on publicly available information and does not constitute a recommendation to buy or sell TC Energy Corporation stocks. Investors should exercise their own judgement and seek advice from financial professionals.
If you want to leave a comment, then you need Login or Register





Other data for TRP

Related data

TRPMay 3, 2025TC Energy Reveals Strong Start with Strategic Project During Q1 2025 Earnings Call  ~2 min.

During TC Energy Corporation's Q1 2025 Earnings Call, the company highlighted its strong start to the year....

TRPMay 2, 2025TC ENERGY CORPORATION Hits 14.07% Profit Target Forecast by QuantWave  ~1 min.

QuantWave, the automated forecasting platform, successfully predicted a long position on TC ENERGY CORPORATION on 2024-10-08 when the stock was priced at $44.69....

TRPMay 2, 2025QuantWave Achieves 10.97% Profit Target for TC ENERGY CORPORATION  ~1 min.

QuantWave, the automated forecasting platform, recently hit a notable milestone with its price target forecast for TC ENERGY CORPORATION....

TRPMarch 22, 2025TRP TC ENERGY CORPORATION Receives a Rating Update from a Top Analyst  ~2 min.

TC Energy Corporation (TRP), a leading energy company, recently received a rating update from a top analyst....

TRPMarch 15, 2025TC Energy Expects a Rise in Natural Gas Demand in 10 Years  ~1 min.

TC Energy Corporation, a leading energy infrastructure company, predicts a significant increase in natural gas demand over the next decade....

TRPMarch 14, 2025Bank of New York Mellon Corp Boosts Stock Position in TC Energy Co. NYSE:TRP  ~1 min.

TC Energy Corporation has received a significant boost in its stock position from Bank of New York Mellon Corp....

TRPMarch 1, 2025Alberta Investment Management Corp Boosts Holdings in TC Energy Co.  ~2 min.

TC Energy Corporation, formerly known as TransCanada Corporation, recently received a significant boost in its holdings by Alberta Investment Management Corp....

TRPFebruary 25, 2025TC Energy Co. Focuses on Debt Reduction and Cost Efficiency for Long-Term Growth  ~1 min.

TC Energy Corporation (NYSE: TRP) is making significant efforts to reduce its debt and improve cost efficiency, aiming to extend its growth trajectory beyond 2027, according to a recent report by RBC....

TRPFebruary 19, 2025TC Energy reports record-breaking financial results for Q4 2024 and announces strategic growth plans  ~2 min.

TC Energy Corporation, a leading energy company, has filed its annual disclosure documents for 2024....

TRPFebruary 18, 2025TC Energy Announces Record EBITDA and Strategic Growth in Q4 2024  ~1 min.

TC Energy Corporation (NYSE:TRP) has filed its annual disclosure documents for 2024, showcasing the company's impressive financial performance and strategic growth....

MSFTJanuary 8, 2025Microsoft Corporation NASDAQ:MSFT Sees Surge in Investor Interest, Stocks Prognosis Recommends Buying  ~2 min.

As Microsoft Corporation NASDAQ:MSFT continues to dominate the tech industry, investor interest in the company has seen a significant surge....

EMRDecember 13, 2024Emerson Electric Co. Implements Strategic Moves; Stocks Prognosis Recommends Buying  ~2 min.

Emerson Electric Co., a leading technology and engineering company, has recently made strategic moves to enhance its market position....

AMTDecember 18, 2024American Tower Corporation AMT: A Promising Investment for 2024  ~2 min.

Despite the challenges faced by the real estate investment trust (REIT) sector, American Tower Corporation (AMT) has emerged as one of the best dividend stocks to consider for 2024....

ENBNovember 8, 2024Enbridge Inc ENB Furthers Strategic Growth Initiatives with Record EBITDA, Attracting Investor Attention  ~2 min.

Enbridge Inc, a leading energy delivery company, has recently announced its impressive Q3 2024 earnings results, showcasing record EBITDA and strategic growth initiatives....