TC Energy Corporation (TSX:TRP)
| Market Cap | 88.95B +12.6% |
| Revenue (ttm) | 15.69B +9.7% |
| Net Income | 3.48B -17.3% |
| EPS | 3.33 -18.2% |
| Shares Out | 1.04B |
| PE Ratio | 23.93 |
| Forward PE | 22.42 |
| Dividend | 3.51 (4.11%) |
| Ex-Dividend Date | Sep 29, 2026 |
| Volume | 6,330,350 |
| Open | 84.32 |
| Previous Close | 84.00 |
| Day's Range | 84.32 - 85.62 |
| 52-Week Range | 69.41 - 100.18 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 100.77 (+18.05%) |
| Est. Earnings | 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 $100.77, which is an increase of 18.05% from the latest price.
News
Jefferies energy analysts hold an analyst/industry conference call
Energy Analysts hold a TC Energy (TRP) vs Enbridge (ENB) debate on an Analyst/Industry conference call to be held on October 1 at 3 pm. Webcast Link Published first on…
TC Energy upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs analyst John Mackay upgraded TC Energy (TRP) to Buy from Neutral with a $71 price target
Goldman upgrades TC Energy to Buy on ‘overdone’ selloff
Goldman Sachs upgraded TC Energy (TRP) to Buy from Neutral with a price target of $71, up from $69. The stock has sold off on market concerns around the pace…
TC Energy up 1% to $58.40 after Goldman upgrades to Buy
16:19 EDT TC Energy (TRP) up 1% to $58.40 after Goldman upgrades to Buy
TC Energy advances Coastal GasLink after LNG Canada decision
TC Energy said on Tuesday its Coastal GasLink Phase 2 project will proceed after LNG Canada and its joint venture partners made a positive final investment decision on the LNG Canada expansion proje...
TC Energy announces Phase 2 of Coastal GasLink to proceed
TC Energy (TRP) announced Coastal GasLink, or CGL, Phase 2 will proceed following LNG Canada and its joint venture participants’ positive Final Investment Decision, or FID, on the expansion of…
Coastal GasLink Phase 2 to proceed following LNG Canada Final Investment Decision
Project will enable more Canadian natural gas to meet growing global LNG demand Project will enable more Canadian natural gas to meet growing global LNG demand
NTHM's Index Rebalance Puts Thematic Rotation to Work
The latest rebalance of VettaFi's Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP...
TC Energy to sell Guadalajara-Manzanillo Pipeline to Esentia Energy for $400M
TC Energy (TRP) announced it has entered into an agreement to sell Energia Occidente de Mexico, the entity that owns the Guadalajara-Manzanillo Pipeline, to affiliates of Esentia Energy Development, S...
TC Energy announces sale of Guadalajara-Manzanillo Pipeline
Generates cash proceeds of approximately $560 million (US$400 million) High-grading portfolio to redeploy proceeds towards accretive growth opportunities across TC Energy's North American footprint
TC Energy price target raised to C$92 from C$91 at Raymond James
Raymond James raised the firm’s price target on TC Energy (TRP) to C$92 from C$91 and keeps a Market Perform rating on the shares.
TC Energy upgraded to Buy from Hold at TD Securities
TD Securities upgraded TC Energy (TRP) to Buy from Hold with an unchanged price target of C$102. The recent 16% pullback has created an attractive entry point in what the…
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 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.