Tc Energy Corporation (TSE:TRP)
NYSE:TRP
Want to see TSE:TRP full AI Analyst Report?
TRP Stock Chart & Stats
C$82.92
C$0.05(0.07%)
At close: 4:00 PM EST
C$82.92
C$0.05(0.07%)
Day’s Range― - ―
52-Week RangeC$63.34 - C$98.62
Previous CloseN/A
Volume599.35K
Average Volume (3M)4.20M
Market Cap
C$95.17B
Enterprise ValueC$156.37B
Total Cash (Recent Filing)C$1.08B
Total Debt (Recent Filing)C$61.81B
Price to Earnings (P/E)28.8
Beta0.23
Next Earnings
Jul 23, 2026EPS Estimate
0.81Next Dividend Ex-DateN/A
Dividend Yield4.41%
Share Statistics
EPS (TTM)3.18
Shares Outstanding1,000,000,000
10 Day Avg. Volume3,382,534
30 Day Avg. Volume4,195,116
Financial Highlights & Ratios
PEG Ratio-0.85
Price to Book (P/B)2.88
Price to Sales (P/S)5.17
P/FCF Ratio37.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$93.62Price Target Upside12.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)3.64
Revenue Forecast (FY)C$15.91B
Bulls Say, Bears Say
Bulls Say
Cash Generation ReboundA clear recovery in operating cash flow and a positive free cash flow run (~$3.8B TTM) materially improves the company’s ability to fund maintenance capex, dividends and selective growth projects without relying solely on external financing. That durability supports long-term capital allocation.
High And Stable MarginsVery strong EBITDA and net margins indicate resilient earnings power typical of regulated and contracted midstream assets. High margins provide an earnings cushion through cycles, helping preserve cash flow coverage for debt service and shareholder distributions over multiple quarters.
Contracted & Regulated Business ModelA business model built on long-term firm contracts and regulated cost-of-service returns reduces exposure to commodity price swings and supports predictable fee-based cash flows. Scale across North American pipeline networks increases bargaining leverage and underpins durable revenue visibility.
Bears Say
High LeverageSubstantial absolute debt and a leverage ratio above 2x equity constrain financial flexibility, raise refinancing and interest-rate exposure, and limit the company’s ability to pursue large organic or M&A growth without incremental funding. This elevates long-term capital structure risk.
Concentration In Natural GasGrowing reliance on North American natural-gas pipelines increases exposure to regional demand, throughput trends and tariff/regulatory outcomes. Reduced business diversification makes cash flows more sensitive to structural shifts in gas consumption or policy changes in key jurisdictions.
Earnings Volatility & Cash ConversionAlthough FCF has rebounded, conversion remains modest (~44% of net income) and EPS growth has been uneven, reflecting one-offs and cycle sensitivity. Persistent volatility and only moderate cash conversion complicate forecasting, dividend sustainability analysis, and long-term capital planning.
TC Energy News
TRP FAQ
What was Tc Energy Corporation’s price range in the past 12 months?
Tc Energy Corporation lowest stock price was C$63.34 and its highest was C$98.62 in the past 12 months.
What is Tc Energy Corporation’s market cap?
Tc Energy Corporation’s market cap is C$95.17B.
When is Tc Energy Corporation’s upcoming earnings report date?
Tc Energy Corporation’s upcoming earnings report date is Jul 23, 2026 which is in 43 days.
How were Tc Energy Corporation’s earnings last quarter?
Tc Energy Corporation released its earnings results on May 01, 2026. The company reported C$0.99 earnings per share for the quarter, beating the consensus estimate of C$0.969 by C$0.021.
Is Tc Energy Corporation overvalued?
According to Wall Street analysts Tc Energy Corporation’s price is currently Undervalued.
Does Tc Energy Corporation pay dividends?
Tc Energy Corporation pays a Quarterly dividend of C$0.877 which represents an annual dividend yield of 4.41%. See more information on Tc Energy Corporation dividends here
What is Tc Energy Corporation’s EPS estimate?
Tc Energy Corporation’s EPS estimate is 0.81.
How many shares outstanding does Tc Energy Corporation have?
Tc Energy Corporation has 1,000,000,000 shares outstanding.
What happened to Tc Energy Corporation’s price movement after its last earnings report?
Tc Energy Corporation reported an EPS of C$0.99 in its last earnings report, beating expectations of C$0.969. Following the earnings report the stock price went down -0.494%.
Which hedge fund is a major shareholder of Tc Energy Corporation?
Currently, no hedge funds are holding shares in TSE:TRP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
TC Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$93.62 (12.90% Upside)
C$93.62 (12.90% Upside)
Blogger Sentiment
Bullish
TSE:TRP Sentiment 70%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 7.3%
Last 30 Days ▼ 7.3%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.76%
12-Months-Change
Fundamentals
Return on Equity
12.53%
Trailing 12-Months
Asset Growth
3.37%
Trailing 12-Months
Company Description
Tc Energy Corporation
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.
TRP Company Deck
TRP Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted strong operational execution, notable project delivery and cost-out performance (including >15% under-budget delivery and sizable project placements), clear visibility to multi-year EBITDA growth (reaffirmed 2026 and 2028 ranges), and a deep pipeline (pending approval ~$8B and origination ~$12B). Offsetting items were temporary impacts from Bruce Power outages, evolving balance-sheet planning for larger projects and some regional currency/tax and regulatory complexities. Overall, the positives around execution, backlog and financial guidance materially outweighed the challenges discussed.View all TSE:TRP earnings summariesTRP Stock 12 Month Forecast
Average Price Target
C$93.62
▲(12.90% Upside)
Technical Analysis
Options Prices
Currently, No data available
---