Feb 14 (Reuters) - Canadian pipeline operator TC Energy ( TRP )
beat estimates for fourth-quarter profit on Friday,
helped by strength in Mexican operations.
The results come amid an uncertain future for the country's
energy sector that faces the threat of steep U.S. tariffs.
President Donald Trump, who imposed 25% more tariffs on Canada
and Mexico weeks ago, has now delayed them by a month.
The Calgary-based company said it was assessing trade
negotiations between the U.S., Canada and Mexico and the impact
of the proposed tariffs, but expected to see minimal impact.
The company reported fourth-quarter adjusted core earnings
from Mexican natural gas pipelines of C$234 million, up from
C$208 million a year ago.
It posted an adjusted profit of C$1.05 per share ($0.7403),
compared with analysts' estimates of C$1.00 per share, according
to data compiled by LSEG.
TC Energy ( TRP ) increased its quarterly dividend by 3.3% to 85
Canadian cents.
($1 = 1.4183 Canadian dollars)
(Reporting by Vallari Srivastava in Bengaluru; Editing by
Shinjini Ganguli)