TC Energy Co. Achieves Record Profits, Stock Rating Upgraded

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.