Investing.com - TC Energy (TSX:TRP) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of C$1 on revenue of C$3.41B. Analysts polled by Investing.com expected EPS of C$0.9701 on revenue of C$3.19B. .
TC Energy shares lost 1.67% to trade at C$69.34 in intra-day trade following the report.
For the year, TC Energy shares are down 8.65%, broadly in line with the S&P/TSX which is down 8.39% year to date.
TC Energy follows other major Energy sector earnings this month
On Thursday, Cenovus Energy Inc reported second quarter EPS of C$1.19 on revenue of C$20.95B, compared to forecasts of EPS of C$1.13 on revenue of C$16.41B.
Crescent Point Energy earnings beat analyst's expectations on Wednesday, with second quarter EPS of C$0.58 on revenue of C$1.34B. Investing.com analysts expected EPS of C$0.5221 on revenue of C$1.02B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar