TC Energy files 2023 annual disclosure documents
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Insights
The recent filings by TC Energy Corporation are a critical disclosure that provides investors and analysts with a comprehensive view of the company's financial health and operational performance over the past fiscal year. The audited Consolidated Financial Statements, accompanied by Management's Discussion and Analysis, offer a detailed breakdown of the company's revenues, expenses, assets, liabilities and cash flows. These documents are essential for evaluating the company's profitability, liquidity and financial stability.
From a financial analysis standpoint, the key metrics to scrutinize include the company's debt-to-equity ratio, earnings per share, return on equity and capital expenditures. These indicators can reveal the company's ability to manage its debt, generate profits for shareholders, reinvest in its operations and maintain a sustainable growth trajectory. Any significant deviations from industry benchmarks or the company's historical performance can signal underlying issues or strategic shifts that stakeholders should be aware of.
TC Energy's filings also have implications on market perceptions and investor confidence. The energy sector, particularly companies involved in pipeline and infrastructure, is closely monitored for its sensitivity to regulatory changes, environmental policies and commodity price fluctuations. Investors will be keen to assess how TC Energy is navigating these external challenges, as reflected in its financial outcomes and strategic commentary in the Management's Discussion and Analysis.
Furthermore, the company's forward-looking statements, capital allocation plans and operational updates can provide insights into future performance and potential market positioning. Analysts will be particularly interested in how TC Energy's strategy aligns with industry trends such as the transition to renewable energy sources and the adoption of new technologies to enhance efficiency and safety.
The filing of the Annual Information Form and Form 40-F with Canadian and United States securities authorities, respectively, underscores the company's adherence to regulatory requirements and transparency standards. These documents contain vital information about the company's legal proceedings, regulatory compliance and risk factors. It is essential for stakeholders to understand the legal landscape in which TC Energy operates, including any ongoing litigation, regulatory hurdles, or potential liabilities that could impact its business operations and financial results.
Analyzing these aspects can provide a more nuanced understanding of the company's risk exposure and governance practices. Any notable changes in the legal or regulatory environment, or the company's approach to managing these areas, could have significant implications for its valuation and the stock's performance in the market.
CALGARY, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has today filed with Canadian securities authorities:
- Audited Consolidated Financial Statements for the year ended Dec. 31, 2023 with related Management’s Discussion and Analysis (Annual Report); and
- The Company’s Annual Information Form for the year ended Dec. 31, 2023.
In addition, TC Energy filed its Form 40-F for the year ended Dec. 31, 2023 with the United States Securities and Exchange Commission.
Copies of the filed documents are available at sedarplus.ca, sec.gov (for the Form 40-F) and in the Investors section of the Company website at tcenergy.com. Shareholders may request a paper copy of the audited Consolidated Financial Statements, free of charge, by calling the Company at 1.800.661.3805.
About TC Energy
We’re a team of 7,000+ energy problem solvers working to move, generate and store the energy North America relies on. Today, we’re taking action to make that energy more sustainable and more secure – while innovating and modernizing to reduce emissions from our business. Along the way, we invest in communities and partner with our neighbours, customers and governments to build the energy system of the future.
TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.
FORWARD-LOOKING INFORMATION
This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TC Energy's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.
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Media Inquiries:
Media Relations
media@tcenergy.com
403-920-7859 or 800-608-7859
Investor & Analyst Inquiries:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403-920-7911 or 800-361-6522
PDF available: http://ml.globenewswire.com/Resource/Download/3ecfbaf9-8c84-4fa3-a7ef-cfc18bf875eb
FAQ
Where can shareholders access TC Energy's Audited Consolidated Financial Statements for 2023?
How can shareholders request a paper copy of the audited Consolidated Financial Statements?
What documents did TC Energy file with Canadian securities authorities?
Where can shareholders find TC Energy's Form 40-F for 2023?
