Friday, May 2, 2025
TC Energy’s quarterly profit misses on power segment weakness- oil and gas 360

TC Energy’s quarterly profit misses on power segment weakness

(BOE Report) – Canadian pipeline operator TC Energy on Thursday missed analysts’ estimates for first-quarter profit on weakness in its power and energy solutions business, while higher interest expenses offset gains in its natural gas operations. The company’s U.S.-listed shares were down

Company to watch

Shortcode content

Weekly Inventories

U.S. crude oil inventories decrease by 2.7 million barrels

Weekly Crude Oil Storage as of April 25, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.7 million barrels from the previous week.  At 440.4 million barrels, U.S. crude oil inventories are 6%

Weekly Gas Storage: Inventories increase by 107 Bcf

Natural Gas Inventories as of April 25, 2025 The EIA has released its natural gas inventory report, showing a net increase of 107 Bcf as of April 25, 2025. Working gas in storage was 2,041 Bcf as of Friday, April

U.S. rig count decreased by 7 is at 583

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 7 over last week, resulting in a total count of 583 rigs. Canada had a decrease of 15 over last week, resulting in a total Canadian count of