Nov 6 (Reuters) - Canadian pipeline operator TC Energy (TRP.TO) , opens new tab missed estimates for third-quarter profit on Thursday, hurt by weakness in its U.S. operations and in the power and energy solutions business.

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U.S. natural gas futures fell over 4% sequentially, extending a decline that began in the second quarter after snapping four consecutive quarters of gains.

The drop in prices weighed on transport volumes for pipeline operator TC Energy.

Net income from its U.S. natural gas pipelines, its largest segment, fell to C$801 million ($571.16 million), from C$1.3 billion a year ago.

On an adjusted basis, the Calgary-based company earned 77 Canadian cents per share for the three months ended September 30, compared with analysts' average expectation of 80 Canadian cents, according to data compiled by LSEG.

($1 = 1.4024 Canadian dollars)

https://www.reuters.com/business/energy/tc-energy-misses-third-quarter-profit-estimates-2025-11-06/