TRP
TC Energy Corporation NYSE Listed Sep 20, 1982$67.70
After hrs
$69.01
+1.94%
Mkt Cap $70.4B
52w Low $46.58
86.8% of range
52w High $70.91
50d MA $66.05
200d MA $58.82
P/E (TTM)
20.7x
EV/EBITDA
13.5x
P/B
1.9x
Debt/Equity
2.2x
ROE
—
P/FCF
33.9x
RSI (14)
57.30
ATR (14)
$1.35
Beta
0.97
50d MA
$66.05
200d MA
$58.82
Avg Volume
2.3M
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Storage. The company builds and operates 93,300 km network 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 businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
450 - 1 Street SW · Calgary, AB T2P 5H1 · CA
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 1, 2026 | BMO | 0.70 | 0.72 | +2.9% | 66.93 | +0.4% | -0.5% | -0.8% | +0.3% | -1.1% | -0.6% | — |
| Feb 13, 2026 | BMO | 0.65 | 0.70 | +7.7% | 61.40 | +0.7% | +3.5% | -2.1% | -0.9% | +1.3% | -0.2% | — |
| Nov 6, 2025 | BMO | 0.56 | 0.56 | +0.0% | 50.35 | -0.9% | +0.2% | +3.5% | +2.1% | +0.4% | +2.3% | — |
| Jul 31, 2025 | BMO | 0.56 | 0.59 | +5.4% | 47.02 | +0.0% | +1.8% | +1.0% | +0.4% | +0.8% | +1.8% | — |
| May 1, 2025 | BMO | 0.70 | 0.66 | -5.7% | 50.41 | -0.9% | -0.8% | +1.9% | -0.1% | -0.7% | +1.0% | — |
| Feb 14, 2025 | BMO | 0.68 | 0.75 | +10.3% | 47.40 | -1.0% | -3.1% | +1.0% | -1.0% | -0.8% | -1.2% | — |
| Nov 7, 2024 | BMO | 0.71 | 0.76 | +6.6% | 48.33 | +0.6% | +2.8% | -1.9% | +1.7% | -2.5% | +0.2% | — |
| Aug 1, 2024 | BMO | 0.60 | 0.63 | +4.3% | 38.63 | +0.0% | +1.5% | -0.6% | -1.3% | +1.8% | +0.2% | — |
| May 3, 2024 | BMO | 0.78 | 0.83 | +7.6% | 33.17 | +2.8% | +3.3% | +0.0% | -0.3% | +1.0% | +0.9% | — |
| Feb 16, 2024 | BMO | 0.76 | 0.93 | +22.8% | 35.16 | +1.6% | +2.4% | +0.4% | +0.4% | +0.1% | -0.3% | — |
| Nov 8, 2023 | BMO | 0.65 | 0.67 | +2.8% | 32.71 | -0.4% | +0.6% | -0.5% | -0.3% | +0.1% | +1.4% | — |
| Jul 27, 2023 | BMO | 0.65 | 0.66 | +1.1% | 33.77 | +0.2% | -3.5% | -4.5% | +4.9% | -0.6% | +1.0% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 10 | Morgan Stanley | Downgrade | Overweight → Equal-Weight | — | $68.17 | $68.10 | -0.1% | +0.9% | +0.8% | +0.1% | -0.5% | -0.2% |
| Apr 20 | Goldman Sachs | Upgrade | Sell → Neutral | — | $60.62 | $61.72 | +1.8% | +0.3% | -1.2% | +0.0% | +1.3% | +1.9% |
| Feb 18 | Goldman Sachs | Maintains | Sell → Sell | — | $62.21 | $62.22 | +0.0% | -0.9% | +1.3% | -0.2% | +1.2% | +0.5% |
| Feb 17 | CIBC | Downgrade | Outperform → Neutral | — | $63.54 | $63.33 | -0.3% | -2.1% | -0.9% | +1.3% | -0.2% | +1.2% |
| Feb 17 | RBC Capital | Maintains | Outperform → Outperform | — | $63.54 | $63.33 | -0.3% | -2.1% | -0.9% | +1.3% | -0.2% | +1.2% |
| Nov 7 | RBC Capital | Maintains | Outperform → Outperform | — | $50.45 | $51.53 | +2.1% | +3.5% | +2.1% | +0.4% | +2.3% | -0.6% |
| Feb 18 | RBC Capital | Maintains | Outperform → Outperform | — | $45.92 | $46.09 | +0.4% | +1.0% | -1.0% | -0.8% | -1.2% | -1.5% |
| Nov 20 | BMO Capital | Maintains | Market Perform → Market Perform | — | $49.83 | $50.00 | +0.3% | -1.2% | +2.1% | -0.8% | -1.6% | -0.7% |
| Jan 21 | Credit Suisse | Upgrade | Neutral → Outperform | — | $40.31 | $40.43 | +0.3% | +2.3% | -2.1% | -0.9% | -0.6% | -2.2% |
| Nov 25 | Credit Suisse | Downgrade | Outperform → Neutral | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Deutsche Bank | Maintains | Hold → Hold | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Desjardins | Downgrade | Buy → Hold | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Credit Suisse | Upgrade | Neutral → Outperform | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Macquarie | Upgrade | Neutral → Outperform | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Citigroup | Upgrade | Neutral → Buy | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Citigroup | Maintains | Buy → Buy | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Citigroup | Downgrade | Buy → Neutral | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Goldman Sachs | Downgrade | Neutral → Sell | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Goldman Sachs | Upgrade | Sell → Neutral | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Desjardins | Upgrade | Hold → Buy | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Morgan Stanley | Upgrade | Equal Weight → Overweight | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | National Bank Financial | Upgrade | Underperform → Perform | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | TD Securities | Downgrade | Buy → Hold | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | TD Securities | Upgrade | Hold → Buy | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Wells Fargo | Downgrade | Outperform → Perform | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Wells Fargo | Maintains | Overweight → Overweight | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | BofA Securities | Upgrade | Neutral → Buy | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Barclays | Maintains | Buy → Buy | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | BMO Capital | Maintains | Outperform → Outperform | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | BMO Capital | Downgrade | Outperform → Perform | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Canaccord Genuity | Maintains | Hold → Hold | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | CIBC | Upgrade | Sector Perform → Outperform | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Nov 25 | Canaccord Genuity | Upgrade | Hold → Buy | — | $41.01 | $40.98 | -0.1% | +0.1% | +0.4% | -3.0% | +1.3% | +1.1% |
| Oct 15 | Goldman Sachs | Upgrade | Neutral → Buy | — | $39.55 | $38.97 | -1.5% | +0.8% | -1.7% | -2.0% | +1.9% | -1.9% |
| Jun 17 | Citigroup | Maintains | Buy → Buy | — | $40.75 | $40.87 | +0.3% | -1.5% | +0.4% | -1.4% | +1.0% | +1.2% |
| May 13 | BMO Capital | Downgrade | Outperform → Market Perform | — | $41.70 | $41.59 | -0.3% | -3.6% | -0.3% | +1.1% | +0.6% | -1.8% |
| May 13 | BMO Capital | Downgrade | Outperform → Perform | — | $41.70 | $41.59 | -0.3% | -3.6% | -0.3% | +1.1% | +0.6% | -1.8% |
| Apr 14 | Wells Fargo | Maintains | Overweight → Overweight | — | $43.63 | $44.21 | +1.3% | +0.2% | -4.0% | -3.6% | +1.6% | -0.5% |
| Apr 1 | BMO Capital | Maintains | Outperform → Outperform | — | $40.35 | $39.09 | -3.1% | -7.9% | +3.4% | +1.5% | +4.9% | +2.0% |
| Mar 9 | BofA Securities | Upgrade | Neutral → Buy | — | $49.22 | $41.30 | -16.1% | -13.0% | +1.0% | -3.2% | -21.7% | +17.8% |
| Oct 9 | Goldman Sachs | Maintains | Neutral → Neutral | — | $37.65 | $37.54 | -0.3% | -1.2% | -1.2% | -2.2% | -0.2% | +0.9% |
| Aug 15 | Deutsche Bank | Maintains | Buy → Buy | — | $40.32 | $40.01 | -0.8% | -1.1% | +0.1% | +1.3% | +0.9% | -1.5% |
| Mar 28 | Citigroup | Maintains | Buy → Buy | — | $37.11 | $36.51 | -1.6% | -1.2% | +2.6% | -2.2% | -1.1% | +1.9% |
| Mar 23 | Morgan Stanley | Maintains | Overweight → Overweight | — | $37.26 | $37.19 | -0.2% | -0.3% | -0.8% | +0.7% | -1.2% | +2.6% |
| Mar 22 | Wells Fargo | Downgrade | Outperform → Market Perform | — | $38.24 | $37.63 | -1.6% | -2.6% | -0.3% | -0.8% | +0.7% | -1.2% |
| Mar 22 | Wells Fargo | Downgrade | Outperform → Perform | — | $38.24 | $37.63 | -1.6% | -2.6% | -0.3% | -0.8% | +0.7% | -1.2% |
| Mar 16 | Morgan Stanley | Maintains | Overweight → Overweight | — | $39.00 | $39.03 | +0.1% | -0.2% | -1.8% | -3.3% | +3.5% | -2.6% |
| Feb 9 | Morgan Stanley | Maintains | Overweight → Overweight | — | $38.29 | $38.43 | +0.4% | +0.1% | +1.6% | +0.5% | -0.1% | +5.1% |
| Jan 11 | Morgan Stanley | Upgrade | Equal Weight → Overweight | — | $43.24 | $43.50 | +0.6% | +0.6% | +0.2% | +0.3% | +0.2% | +0.3% |
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Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Royal Bank Of Canada | 89,106,183 | $5.6B | Reduced | Mar 2026 |
| 2 | Bank Of Montreal /can/ | 54,319,175 | $3.4B | Added | Mar 2026 |
| 3 | Capital Research Global Investors | 44,847,288 | $2.8B | Added | Mar 2026 |
| 4 | Vanguard Capital Management Llc | 29,502,215 | $1.8B | New | Mar 2026 |
| 5 | 1832 Asset Management L.p. | 22,038,036 | $1.4B | Reduced | Mar 2026 |
| 6 | Gqg Partners Llc | 16,946,570 | $1.1B | Added | Mar 2026 |
| 7 | Cibc World Market Inc. | 15,298,592 | $958M | Reduced | Mar 2026 |
| 8 | Toronto Dominion Bank | 16,815,011 | $926M | Added | Dec 2025 |
| 9 | Td Waterhouse Canada Inc. | 10,307,909 | $635M | Added | Mar 2026 |
| 10 | Cibc Asset Management Inc | 9,298,849 | $582M | Added | Mar 2026 |
| 11 | Clearbridge Investments, Llc | 8,945,134 | $560M | Added | Mar 2026 |
| 12 | Dodge & Cox | 8,892,400 | $557M | Reduced | Mar 2026 |
| 13 | Morgan Stanley | 10,087,056 | $555M | Added | Dec 2025 |
| 14 | Connor, Clark & Lunn Investment Management Ltd. | 9,654,085 | $532M | Added | Dec 2025 |
| 15 | Bank Of Nova Scotia | 8,380,992 | $525M | Added | Mar 2026 |
| 16 | Federation Des Caisses Desjardins Du Quebec | 8,038,058 | $497M | Added | Mar 2026 |
| 17 | Jpmorgan Chase & Co | 7,848,298 | $495M | Reduced | Mar 2026 |
| 18 | Capital World Investors | 7,608,584 | $476M | Added | Mar 2026 |
| 19 | Healthcare Of Ontario Pension Plan Trust Fund | 5,654,803 | $354M | Reduced | Mar 2026 |
| 20 | Amundi | 4,608,330 | $288M | New | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$70.41B
Enterprise Value
$127.92B
P/E (TTM)
20.70x
Forward P/E
18.20x
PEG Ratio
-0.85x
P/B
1.91x
P/S
4.64x
P/FCF
33.86x
EV/EBITDA
13.49x
Shares Out
1.04B
Financials (TTM)
Revenue
$15.19B
Net Income
$3.52B
EBITDA
$9.48B
Free Cash Flow
$2.08B
Op Cash Flow
$7.35B
EPS Basic
$3.27
EPS Diluted
$3.27
EPS Forward
$3.72
Gross Margin
50.0%
Op Margin
44.2%
Net Margin
23.2%
Balance Sheet
Total Assets
$118.65B
Total Liab.
$81.79B
Total Equity
$36.87B
Cash
$260.8M
LT Debt
$57.77B
Book Value/Sh
$35.45
Debt/Equity
2.23x
Current Ratio
0.63
Quick Ratio
0.56
Returns & Growth
ROE
—
ROA
—
ROIC
4.8%
Rev Growth YoY
+10.3%
EPS Growth YoY
-26.2%
Price Returns
2W
-2.2%
1M
-0.4%
3M
+3.5%
6M
+21.8%
12M
+31.6%
Technicals
52W High
$70.91
52W Low
$46.58
50d MA
$66.05
200d MA
$58.82
RSI (14)
57.30
ATR (14)
$1.35
Beta
0.97
Avg Volume
2.3M
Dividends
Div Rate
$3.48
Div Yield
5.2%
Frequency
4
Ex-Div Date
Mar 31, 2026
Analyst Price Targets
Consensus
$62.00
High
$62.00
Low
$62.00
Median
$62.00
Data updated apr 27, 2026 5:43am
· Source: financialmodelingprep.com