TC ENERGY CORP
TRPNYSETrading Snapshot
- Day Range
- $57.77 β $59.08
- 52-Week Range
- $49.27 β $71.47
- Volume
- $3.04B
- Avg Volume
- $3.45B
- Shares Outstanding
- 1.04B
- Next Earnings
- Nov 4, 2026
Fundamentals Snapshot
- Annual Revenue
- $15.19B
- Last Q Revenue
- $3.99B
- P/E Ratio
- 25.0
- P/S Ratio
- 5.4x
- EPS (TTM)
- $3.45
- Dividend Yield
- 4.19%
- Dilution (1yr)
- +0.3%
Why Investors Own TRP
- βHigh-growth profile β revenue up +5.7% YoY with expanding US Equity exposure.
- βHealthy economics β 73% gross margin and 25% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
TC ENERGY CORP
TRPAbout TC ENERGY CORP
TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951. Its extensive operations are strategically divided into five key business units: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexican Natural Gas Pipelines, Liquids Pipelines, and Power & Storage. The company is responsible for constructing and managing a vast natural gas pipeline network, which stretches for 93,300 kilometers. This critical infrastructure facilitates the movement of natural gas from production basins to a variety of destinations, including local utility providers, electricity generating facilities, industrial sites, interconnected pipelines, liquefied natural gas (LNG) export terminals, and other commercial clients. Additionally, TC Energy operates regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet, alongside approximately 118 billion cubic feet of non-regulated natural gas storage capacity located solely within Alberta. Furthermore, TC Energy oversees a liquids pipeline system spanning roughly 4,900 kilometers. This system efficiently transports crude oil from Alberta's supply regions to major refining centers across Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Its asset portfolio also includes ownership or interests in seven power generation facilities. These plants, situated in Alberta, Ontario, QuΓ©bec, and New Brunswick, have a combined output of approximately 4,300 megawatts and are fueled by natural gas and nuclear energy sources. The organization was previously known as TransCanada Corporation until it officially rebranded to TC Energy Corporation in May 2019.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Price Target
βLatest News & Updates

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 βand its joint venture partners made a βpositive final investment decision on the LNG Canada expansion project.

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

TC Energy: AI Data Center Growth Catalyst, 4.3% Yield
TC Energy is positioned for long-term growth, driven by surging U.S. natural gas demand, especially from the data center industry. TRP has a robust FY 2026 financial outlook, projecting consistent EBITDA growth as new pi

TC Energy Co. (TSE:TRP) Receives Consensus Rating of βModerate Buyβ from Analysts
Shares of TC Energy Co. (TSE: TRP - Get Free Report) (NYSE: TRP) have earned an average rating of "Moderate Buy" from the fifteen analysts that are currently covering the company, MarketBeat reports. Five equities resear

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-1 weight loss drug

TC Energy to Divest Guadalajara-Manzanillo Pipeline for $400M
TRP is selling a Mexican pipeline for $400 million, creating capital flexibility while retaining a substantial network in the country.