TC Energy Corporation (TSX:TRP)
Canada · Delayed Price · Currency is CAD | Market Cap | 91.21B +22.4% |
| Revenue (ttm) | 15.69B +9.7% |
| Net Income | 3.48B -17.3% |
| EPS | 3.33 -18.2% |
| Shares Out | 1.04B |
| PE Ratio | 24.94 |
| Forward PE | 23.40 |
| Dividend | 3.51 (4.01%) |
| Ex-Dividend Date | Sep 29, 2026 |
| Volume | 583,091 |
| Open | 88.20 |
| Previous Close | 87.53 |
| Day's Range | 85.99 - 88.33 |
| 52-Week Range | 69.41 - 100.18 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 99.52 (+15.59%) |
| Earnings Date | Nov 6, 2026 |
About TC Energy
TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other busines... [Read more]
Financial Performance
In 2025, TC Energy's revenue was 15.24 billion, an increase of 10.66% compared to the previous year's 13.77 billion. Earnings were 3.40 billion, a decrease of -25.99%.
Financial StatementsAnalyst Summary
According to 23 analysts, the average rating for TRP stock is "Buy." The 12-month stock price target is $99.52, which is an increase of 15.59% from the latest price.
News
Morgan Stanley upgrades TC Energy to Overweight following recent weakness
As previously reported, Morgan Stanley upgraded TC Energy (TRP) to Overweight from Equal Weight with a C$108 price target Natural gas pipeline stocks have pulled back on potential risk to…
TC Energy upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley upgraded TC Energy (TRP) to Overweight from Equal Weight with a C$108 price target
TC Energy upgraded to Buy from Hold at Jefferies
Jefferies upgraded TC Energy (TRP) to Buy from Hold with a price target of C$102, up from C$100. The recent underperformance in the shares is “fundamentally unwarranted,” the analyst tells…
TC Energy upgraded to Overweight from Hold at US Capital Advisors
US Capital Advisors upgraded TC Energy (TRP) to Overweight from Hold with a C$99 price target
TC Energy (TRP) Q2 2026 Earnings Call Transcript
EBITDA surged 12% year-over-year as natural gas demand accelerates across North America.
Midstream Companies Expand Natural Gas Pipelines as LNG & AI Demand Grows
Several midstream energy companies are expanding their natural gas pipelines through new acquisitions and project developments as they look to capture growing demand for natural gas driven by liquefie...
Is TC Energy Stock Worth Buying as Growth Meets a Premium Valuation?
TRP's stronger cash flows, rising gas demand and growing pipeline support growth, but elevated leverage and a richer valuation may warrant patience.
TC Energy Q2 Earnings Call Highlights
TC Energy NYSE: TRP said it expects to reach the upper end of its 2026 comparable EBITDA guidance range after reporting 12% year-over-year growth in second-quarter comparable EBITDA, supported by high...
TC Energy price target raised to C$106 from C$104 at RBC Capital
RBC Capital analyst Robert Kwan raised the firm’s price target on TC Energy (TRP) to C$106 from C$104 and keeps an Outperform rating on the shares.
TC Energy price target raised to C$99 from C$94 at BMO Capital
BMO Capital analyst Ben Pham raised the firm’s price target on TC Energy (TRP) to C$99 from C$94 and keeps an Outperform rating on the shares.
TC Energy price target raised to C$102 from C$100 at TD Securities
TD Securities raised the firm’s price target on TC Energy (TRP) to C$102 from C$100 and keeps a Hold rating on the shares.
TC Energy price target raised to C$102 from C$100 at Barclays
Barclays raised the firm’s price target on TC Energy (TRP) to C$102 from C$100 and keeps an Overweight rating on the shares. The firm views the company’s Q2 report as…
TC Energy Earnings Call Transcript: Q2 2026
Q2 2026 saw 12% year-over-year EBITDA growth, driven by strong pipeline and power performance, with a robust project backlog exceeding $20 billion and a revised North American gas demand outlook of 51 BCF/day by 2035. The company targets the upper end of its 2026 EBITDA range and expects continued growth from power and data center demand.
TC Energy Slides: Q2 2026
TC Energy has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
TC Energy Quarterly report: Q2 2026
TC Energy has published its Q2 2026 quarterly earnings report on July 30, 2026.
TC Energy Registration statement: Q2 2026
TC Energy filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.
TC Energy Registration statement: Q2 2026
TC Energy filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.
TC Energy Earnings release: Q2 2026
TC Energy released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
TC Energy beats quarterly profit estimates on strong North American operations
Canadian pipeline operator TC Energy beat analysts' estimates for second-quarter profit on Thursday, helped by strength in its North American operations.
TC Energy reports Q2 comparable EPS C$0.94, consensus C$0.84
Reports Q2 comparable EBITDA C$2.9B vs. C$2.6B last year. CEO Francois Poirier commented, “Driven by safe and reliable operations, we delivered strong financial results in the first half of 2026…
TC Energy raises 2026 comparable EBITDA view to upper end of $11.6B-$11.8B
06:43 EDT TC Energy (TRP) raises 2026 comparable EBITDA view to upper end of $11.6B-$11.8B
TC Energy reports strong second quarter 2026 operating and financial results
Solid execution and asset performance support higher end of 2026 financial outlook $0.7 billion of new growth projects sanctioned in second quarter, totaling approximately $3 billion of low-risk, accr...
TC Energy price target raised to C$105 from C$97 at Scotiabank
Scotiabank analyst Robert Hope raised the firm’s price target on TC Energy (TRP) to C$105 from C$97 and keeps an Outperform rating on the shares.
TC Energy price target raised to C$106 from C$103 at Morgan Stanley
Morgan Stanley analyst Robert Kad raised the firm’s price target on TC Energy (TRP) to C$106 from C$103 and keeps an Equal Weight rating on the shares. The firm adjusted…
TC Energy price target raised to C$100 from C$98 at TD Securities
TD Securities raised the firm’s price target on TC Energy (TRP) to C$100 from C$98 and keeps a Hold rating on the shares. The firm adjusted targets in the midstream…