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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.

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Investor opinions & comments:

I'm glad to see TC Energy's stock rating being upgraded. It indicates that the company is on a positive trajectory
— from LucasPrice at 03-01-2025 18:17
TC Energy's record-breaking profits and stock rating upgrade are definitely encouraging signs for investors
— from BrianMartin at 02-28-2025 16:14
It's important to note that insider purchases do not always indicate future success for a company. We need more information to assess the significance of this insider purchase
— from MaryJohnson at 02-28-2025 15:58
The acquisition of shares by Van ECK Associates Corp is a strong vote of confidence in TC Energy's future prospects
— from FinanceFelix at 02-28-2025 15:17
I'm impressed by the surge in revenues for TC Energy. It shows strong demand for their energy infrastructure services
— from BrittanyClark at 02-27-2025 15:32
I'm not sure if TC Energy's success is solely due to the completion of the Keystone XL pipeline. There could be other factors at play
— from WealthyWillie at 02-26-2025 19:23
TC Energy's success in Canada and the United States demonstrates their ability to effectively serve both markets
— from BenjaminParker at 02-26-2025 19:03
This is great news for TC Energy and shows that their investments in pipeline projects are paying off
— from SmartSabrina at 02-26-2025 17:09
I would like to see more information on how TC Energy's profits were achieved and whether they are sustainable in the long term
— from WealthyWillie at 02-26-2025 11:28
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