TC Energy Corporation (TRP.TO)
Calgary, AB, CA
TC Energy Corporation functions as a leading energy infrastructure enterprise across North America. Its comprehensive operations are organized into five primary divisions: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage. The company boasts an extensive 93,300 km natural gas pipeline network designed to move natural gas from its source basins to various destinations such as local distribution companies, electricity generation plants, industrial complexes, inter-pipeline connections, and LNG export terminals. This infrastructure is supported by regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet, alongside 118 billion cubic feet of non-regulated natural gas storage capacity situated in Alberta. In addition to gas, TC Energy manages a significant 4,900 km liquids pipeline system. This system is vital for transporting crude oil originating from Alberta to key refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Furthermore, the company either owns or holds interests in seven power generation facilities. These plants collectively provide approximately 4,300 megawatts of power, utilizing both natural gas and nuclear fuel sources, and are located in Alberta, Ontario, Québec, and New Brunswick. Originally incorporated in 1951, the company was known as TransCanada Corporation until it adopted the name TC Energy Corporation in May 2019. Its corporate headquarters are located in Calgary, Canada.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.29% | +2.12% | +5.50% | +5.00% | +18.96% | +20.20% | +34.27% | +62.26% | +50.54% | +75.56% | +469.59% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 6 | 0 |
| Buy | 7 | 0 |
| Hold | 9 | 0 |
| Sell | 0 | -1 |
| Strong Sell | 2 | 0 |
-
Revenue growth Oil & Gas Midstream: +6.6%+10.4% ★ Q1'26: +16.8% (vs Q1'25)
-
EPS growth Oil & Gas Midstream: +17.6%-26.2% Q1'26: -8.5% (vs Q1'25)
-
FCF margin FCF growth · Oil & Gas Midstream: +25.7%+11.1% Q1'26: +36.2% (vs Q1'25)
-
EBIT margin Oil & Gas Midstream: +30.0%+44.2% ★ Q1'26: +52.1% (vs Q1'25)
-
ROIC Oil & Gas Midstream: +7.6%+5.5% Q1'26: +7.4% (vs Q1'25)
-
Share dilution Oil & Gas Midstream: +0.0%+0.2% Q1'26: +0.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Midstream: 2.41×6.43× Q1'26: 5.28× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 11 Rev. Ana. 12 EPS Ana. |
Dec 2027 12 Rev. Ana. 12 EPS Ana. |
Dec 2028 10 Rev. Ana. 4 EPS Ana. |
Dec 2029 5 Rev. Ana. 2 EPS Ana. |
Dec 2030 5 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
7.84B
est: 9.32B (-15.9%)
|
8.01B
est: 8.10B (-1.2%)
|
8.80B
est: 9.01B (-2.4%)
|
10.19B
est: 10.23B (-0.4%)
|
11.35B
est: 11.37B (-0.1%)
|
12.55B
est: 12.62B (-0.6%)
|
13.45B
est: 12.84B (+4.8%)
|
13.68B
est: 13.27B (+3.1%)
|
13.26B
est: 13.61B (-2.6%)
|
13.00B
est: 13.04B (-0.3%)
|
13.39B
est: 13.82B (-3.1%)
|
12.31B
est: 14.96B (-17.7%)
|
13.27B
est: 16.50B (-19.6%)
|
13.77B
est: 16.06B (-14.2%)
|
15.20B
est: 15.13B (+0.4%)
|
15.95B
15.25B – 16.41B
+5.4% YoY
|
16.61B
15.84B – 18.02B
+4.1% YoY
|
17.30B
17.24B – 17.35B
+4.1% YoY
|
18.19B
17.36B – 19.24B
+5.2% YoY
|
18.75B
17.89B – 19.82B
+3.1% YoY
|
| EBITDA |
4.54B
est: 4.06B (+12.0%)
|
4.28B
est: 2.35B (+82.2%)
|
5.01B
est: 2.77B (+80.8%)
|
5.44B
est: 3.97B (+37.0%)
|
1.70B
est: 4.23B (-59.8%)
|
4.14B
est: -376.27M (+1,201.3%)
|
6.86B
est: 1.37B (+401.5%)
|
8.07B
est: 5.08B (+58.7%)
|
9.45B
est: 5.27B (+79.4%)
|
9.53B
est: 6.32B (+50.8%)
|
6.70B
est: 6.76B (-0.9%)
|
5.24B
est: 6.98B (-25.0%)
|
8.66B
est: 9.96B (-13.1%)
|
11.22B
est: 7.80B (+43.8%)
|
9.49B
est: 9.14B (+3.9%)
|
9.63B
9.20B – 9.91B
+5.4% YoY
|
10.03B
9.56B – 10.88B
+4.1% YoY
|
10.44B
10.41B – 10.47B
+4.1% YoY
|
10.98B
10.48B – 11.61B
+5.2% YoY
|
11.32B
10.80B – 11.97B
+3.1% YoY
|
| EBIT |
3.22B
est: 4.09B (-21.4%)
|
2.91B
est: 2.75B (+5.7%)
|
3.53B
est: 2.87B (+22.8%)
|
3.83B
est: 3.26B (+17.6%)
|
-62.00M
est: 3.68B (-101.7%)
|
2.21B
est: -259.31M (+950.3%)
|
4.80B
est: 2.60B (+84.6%)
|
5.72B
est: 3.55B (+61.2%)
|
6.99B
est: 5.00B (+39.8%)
|
6.94B
est: 5.57B (+24.6%)
|
4.18B
est: 5.96B (-29.8%)
|
2.66B
est: 6.15B (-56.8%)
|
5.88B
est: 6.69B (-12.1%)
|
8.43B
est: 6.52B (+29.3%)
|
6.72B
est: 6.13B (+9.6%)
|
6.46B
6.18B – 6.65B
+5.4% YoY
|
6.73B
6.42B – 7.30B
+4.1% YoY
|
7.01B
6.99B – 7.03B
+4.1% YoY
|
7.37B
7.03B – 7.79B
+5.2% YoY
|
7.59B
7.25B – 8.03B
+3.1% YoY
|
| Net Income |
1.58B
est: 2.82B (-43.9%)
|
1.35B
est: 1.35B (+0.2%)
|
1.79B
est: 1.51B (+18.1%)
|
1.84B
est: 2.02B (-9.0%)
|
-1.15B
est: 2.06B (-155.7%)
|
233.00M
est: -1.26B (+118.4%)
|
3.16B
est: 237.70M (+1,228.1%)
|
3.70B
est: 3.32B (+11.4%)
|
4.14B
est: 3.79B (+9.2%)
|
4.62B
est: 3.99B (+15.8%)
|
1.96B
est: 4.26B (-54.1%)
|
748.00M
est: 957.00M (-21.8%)
|
2.92B
est: 3.43B (-14.9%)
|
4.70B
est: 4.25B (+10.6%)
|
3.52B
est: 3.53B (-0.4%)
|
4.01B
3.57B – 4.15B
+13.4% YoY
|
3.99B
3.71B – 4.27B
-0.4% YoY
|
4.42B
3.96B – 4.89B
+10.9% YoY
|
4.55B
4.28B – 4.89B
+2.9% YoY
|
4.97B
4.68B – 5.34B
+9.1% YoY
|
| SGA |
941.00M
est: 160.24M (+487.2%)
|
—
|
—
est: 484.69M (-100.0%)
|
—
est: 503.90M (-100.0%)
|
—
est: 528.76M (-100.0%)
|
—
est: 570.48M (-100.0%)
|
—
est: 566.20M (-100.0%)
|
—
est: 599.17M (-100.0%)
|
—
est: 582.93M (-100.0%)
|
—
est: 700.09M (-100.0%)
|
—
est: 748.55M (-100.0%)
|
—
est: 773.31M (-100.0%)
|
—
|
—
|
—
|
—
— – —
|
—
— – —
|
—
— – —
|
—
— – —
|
—
— – —
|
| EPS |
2.18
est: 2.27 (-4.0%)
|
1.84
est: 1.96 (-6.1%)
|
2.42
est: 2.28 (+6.0%)
|
2.46
est: 2.34 (+5.0%)
|
-1.75
est: 2.22 (-178.8%)
|
0.16
est: 2.50 (-93.6%)
|
3.44
est: 2.75 (+25.1%)
|
3.92
est: 3.45 (+13.5%)
|
4.28
est: 3.77 (+13.5%)
|
4.74
est: 3.69 (+28.4%)
|
1.87
est: 3.89 (-51.9%)
|
0.64
est: 3.90 (-83.6%)
|
2.75
est: 3.31 (-16.9%)
|
4.43
est: 4.20 (+5.4%)
|
3.27
est: 3.50 (-6.6%)
|
3.64
3.43 – 3.99
+4.1% YoY
|
3.85
3.57 – 4.11
+5.7% YoY
|
4.05
3.81 – 4.70
+5.1% YoY
|
4.38
4.12 – 4.70
+8.2% YoY
|
4.78
4.50 – 5.13
+9.1% YoY
|
| Date | Firm | Previous | New Grade | Action |
|---|---|---|---|---|
| 2026-05-04 | RBC Capital | Outperform | Outperform | Maintain |
| 2026-04-20 | Goldman Sachs | Sell | Neutral | Upgrade |
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | C+ | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | C+ | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | C+ | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | C+ | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | C+ | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | C+ | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-01 | B- | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-30 | B- | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-29 | B- | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-28 | B- | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-27 | B- | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-24 | B- | 2/5 | 1/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-23 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-15 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Francois Lionel Poirier | Chief Executive Officer, President & Director | 4M | male |
| Tina Veronica Faraca | Executive Vice President & Chief Operating Officer of Natural Gas Pipelines | 3M | female |
| Sean O'Donnell | Executive Vice President of Strategy & Corporate Development and Chief Financial Officer | 2M | male |
| Anita Dusevic Oliva | Executive Vice President & General Counsel | 2M | female |
| Gregory D. Grant | Executive Vice President and President of Power & Energy Solutions | 1M | male |
| Omar Khayum | Vice President | — | — |
| Patrick C. Muttart | Senior Vice President of External Relations | — | male |
| Roland Muwanga | Vice President of Energy Transition Technologies | — | male |
| Yvonne Frame-Zawalykut | Vice President & Corporate Controller | — | — |
| Carla Morris | Director of Central Region Gas Operations for TransCanada | — | — |
| Dawn E. de Lima | Executive Vice-President of Corporate Services | — | female |
| Gavin Wylie | Vice-President of Investor Relations | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for TRP.TO
Short-term intention
Target Price Distribution
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