CALGARY – TC Energy Corp. reported its third-quarter profit fell compared with a year ago as its revenue edged higher.

The natural gas pipeline company says its net income attributable to common shares amounted to $609 million or 58 cents per share for the quarter ended Sept. 30.

The result compared with a profit of $1.46 billion or $1.40 per share a year ago.

TC Energy says its 2024 results included a pre-tax gain of $572 million related to the sale of Portland Natural Gas Transmission System that was completed in the third quarter last year.

The company says its comparable earnings from continuing operations amounted to 77 cents per share in its latest quarter compared with 86 cents per share a year earlier.

Revenue totalled $3.70 billion, up from $3.36 billion in the same quarter l

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