TC Energy reports Q4 comparable EPS C$1.11 vs. C$1.05 a year ago

CEO Francois Poirier commented "2022 has been a record setting year with continued demand and strong utilization across our systems, which is highlighted by TC Energy’s comparable earnings per common share of $4.30 and comparable EBITDA of $9.9B. Our business remains resilient and is expected to deliver strong comparable EBITDA growth in 2023. We have a defined funding plan in place that will allow us to continue to progress our industry leading capital program and accelerate our deleveraging target. Reflecting the confidence in our outlook, TC Energy’s Board of Directors has declared a quarterly dividend increase to 93c per common share for the quarter ending March 31, 2023, equivalent to $3.72 per common share on an annualized basis, an increase of 3.3%. This is the twenty-third consecutive year the Board has raised the dividend."