0959 ET - TC Energy's quarterly results at first blush appear positive, with adjusted Ebitda of C$2.8 billion in line with expectations and full-year guidance toward the high end of what had been forecast, says Jefferies' Anthony Linton. TC Energy's SE Gateway project in Mexico also remains on track, with expected capital spending moving lower, which the analyst says reflects solid project execution. Following the results, the focus shifts next to its day with investors where shareholders will concentrate on the near and mid-term growth outlook. Jefferies has a hold call and C$60 target on the shares, which were last at C$68.22. (robb.stewart@wsj.com)
(END) Dow Jones Newswires
November 07, 2024 10:00 ET (15:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。