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TC Energy Q1 2026 Pipeline Deliveries Rise 3% Over Year Earlier

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TC Energy Corporation (TRP) reported Friday Q1 2026 that Canadian natural gas pipeline deliveries averaged 29.7 billion cubic feet per day in the first quarter of 2026, up 3% from a year earlier, with a new all-time daily delivery record of 33.2 Bcf set on Jan. 22.

It said receipts on the NGTL pipeline system averaged 14.6 Bcf/d, broadly in line with the same period in 2025, while NGTL deliveries reached a record 18.3 Bcf on Jan. 22. Western receipts on the Canadian Mainline pipeline system averaged 5.0 Bcf/d, also consistent with year-earlier levels.

In the US, natural gas pipeline flows averaged 32.6 Bcf/d during the quarter, a 5% increase from the first quarter of 2025. The system set a new daily delivery record of 39.9 Bcf on Jan. 29. The ANR system also posted a record, with deliveries reaching 10.6 Bcf on the same day. Overall, six individual US pipelines recorded new all-time delivery highs during the quarter. Deliveries to LNG export facilities averaged 3.9 Bcf/d, up 12% from a year earlier.

In Mexico, natural gas pipeline flows averaged 2.8 Bcf/d, down from the first quarter of 2025, primarily due to operational adjustments. Deliveries to power generation facilities averaged 1.2 Bcf/d, in line with the prior-year period.

Separately, Bruce Power reported nuclear fleet availability of 88.2% in the first quarter of 2026, up from 87% in the same period in 2025. Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers' Union, and the Society of United Professionals.

It said its cogeneration power plant fleet achieved 99.5% availability in the first quarter of 2026, up from 98.6% in the first quarter of 2025.

Price: $66.53, Change: $-0.41, Percent Change: -0.61%

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