TC Energy posts $1 billion quarterly loss on Keystone XL suspension

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEH460LJ_L.jpg

The Calgary, Alberta-based company reported net loss attributable to shareholders of C$1.1 billion, or C$1.11 per share, in the three months ended March 31, compared with a profit of C$1.1 billion, or C$1.20 per share, in the fourth quarter.

Excluding items, TC Energy earned C$1.16 per share.