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TC Energy(TRP) - 2021 Q2 - Earnings Call Presentation
TC EnergyTC Energy(US:TRP)2021-08-02 11:46

Financial Performance - Comparable earnings per common share for YTD 2021 were $223, compared to $210 for YTD 2020[9] - Comparable EBITDA for YTD 2021 was $4738 million, slightly up from $4734 million in YTD 2020[9] - Comparable funds generated from operations for YTD 2021 were $3777 million, compared to $3643 million in YTD 2020[9] - Net income attributable to common shares for the three months ended June 30, 2021, was $982 million, compared to $1281 million for the same period in 2020[20] - For the six months ended June 30, 2021, there was a net loss of $75 million attributable to common shares, compared to a net income of $2429 million for the same period in 2020[20] Capital Program and Growth - The company is advancing a $21 billion secured capital program through 2025, focused on critical energy infrastructure[10] - The company expects 5-7% future dividend growth per annum, supported by expected growth in earnings and cash flow[17, 18] - The company has a $100 billion portfolio of critical energy infrastructure[41] Financial Strategy - The company redeemed $500 million of outstanding Series 13 preferred shares on May 31[26] - The company completed a $15 billion three-tranche Medium Term Notes offering in early June[26] - The company is well-positioned to prudently fund its $21 billion secured capital program[27]