TC Energy Corporation (TRP) Q1 2023 Earnings Call Transcript

TC Energy Corporation (NYSE:TRP) Q1 2023 Earnings Conference Call April 28, 2023 8:30 AM ET

Company Participants

Gavin Wylie - Head of IR

Francois Poirier - CEO

Joel Hunter - CFO

Corey Hessen - EVP and President, Power & Energy Solutions

Bevin Wirzba - Head of Corporate Development

Stanley Chapman - EVP and Group Executive of U.S. and Mexico Natural Gas Pipelines

Tina Faraca - President, U.S. Natural Gas Pipelines

Richard Prior - Director of TC Energy

Greg Grant - President of the Canadian Gas Business

Conference Call Participants

Rob Hope - Scotiabank

Theresa Chen - Barclays

Linda Ezergailis - TD Securities

Jeremy Tonet - JPMorgan

Robert Kwan - RBC Capital Markets

Robert Catellier - CIBC Capital Markets

Ben Pham - BMO

Andrew Kuske - Credit Suisse

Patrick Kenny - National Bank Financial

Operator

Thank you for standing by. This is the conference operator. Welcome to the TC Energy First Quarter 2023 Financial Results Conference Call. As a reminder, all participants are in listen-only mode. And the conference is being recorded. After the presentation there will be an opportunity to ask questions. [Operator Instructions]

I would now like to turn the conference over to Gavin Wylie, Vice President, Investor Relations. Please go ahead.

Gavin Wylie

Yes, thanks very much and good morning everyone. I'd like to welcome you to TC Energy's 2023 first quarter conference call. Joining me are Francois Poirier, President and Chief Executive Officer; Joel Hunter, Chief Financial Officer along with other members of our senior leadership team. Francois and Joel will begin today with some comments on our financial and operational results. A copy of the slide presentation that will accompany their results is available on our website under the Investors section. Following the remarks, we'll take questions from the investment community. We ask that you limit yourself to two questions and if you're a member of the media please contact our media team.

Before Francois begins, I'll remind you that remarks today will include forward-looking statements that are subject to important risks and uncertainties. For more information, please see the reports filed by TC Energy with the Canadian Securities Regulators and with the U.S. Securities and Exchange Commission. Finally, during the presentation, we'll refer to certain non-GAAP measures that may not be comparable to similar measures presented by other entities. These measures are used to provide additional information on TC Energy's operating performance, liquidity and its ability to generate funds to finance its operations. A reconciliation of various GAAP and non-GAAP measures is contained in the appendix of the presentation.