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    TC Energy Corp (TRP)

    Official site

    ENERGY • OIL & GAS MIDSTREAM • NYSE

    $64.34
    +1.22 (+1.93%)

    Market Cap: $65.76B

    Last updated: Oct 30, 2026 at 1:27 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    90%(35/39)
    Avg Surprise
    +5.94%
    Streak
    3 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.87
    Range$0.78 - $0.95
    16 analysts
    EPS Revisions
    1
    0
    7d
    3
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.84+3.3%
    60d ago$0.84+3.6%
    30d ago$0.84+3.3%
    7d ago$0.84+3.2%
    Current$0.87
    Revenue Consensus
    $3.9B
    Range$3.8B - $4.1B
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.09
    Range$0.91 - $1.29
    19 analysts
    Revenue Consensus
    $4.0B
    Range$3.6B - $4.5B
    9 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.09---
    Sep 26EST
    		-$0.87---
    Jun 26
    Reported Jul 30
    		$0.68$0.61+11.48%Beat-17.1%
    Mar 26
    Reported May 1
    		$0.99$0.97+2.06%Beat+4.2%
    Dec 25
    Reported Feb 13
    		$0.98$0.91+7.69%Beat-6.7%
    Sep 25
    Reported Nov 6
    		$0.77$0.78-1.28%Miss-25.2%
    Jun 25
    Reported Jul 31
    		$0.82$0.78+5.13%Beat-12.8%
    Mar 25
    Reported May 1
    		$0.95$0.97-2.06%Miss-23.4%
    Dec 24
    Reported Feb 14
    		$1.05$0.99+5.88%Beat-22.2%
    Sep 24
    Reported Nov 7
    		$1.03$0.96+7.29%Beat+3.0%
    Jun 24
    Reported Aug 1
    		$0.94$0.91+3.30%Beat-2.1%
    Mar 24
    Reported May 3
    		$1.24$1.15+7.83%Beat+2.5%
    Dec 23
    Reported Feb 16
    		$1.35$1.10+22.73%Beat+21.6%
    Sep 23
    Reported Nov 8
    		$1.00$0.98+2.04%Beat-6.5%
    Jun 23
    Reported Jul 27
    		$0.96$0.95+1.05%Beat-4.0%
    Mar 23
    Reported Apr 28
    		$1.21$1.17+3.42%Beat+8.0%
    Dec 22
    Reported Feb 14
    		$1.11$1.09+1.83%Beat+4.7%
    Sep 22
    Reported Nov 9
    		$1.07$0.99+8.08%Beat+8.1%
    Jun 22
    Reported Jul 28
    		$1.00$0.98+2.04%Beat-6.5%
    Mar 22
    Reported Apr 29
    		$1.12$1.11+0.90%Beat-3.4%
    Dec 21
    Reported Feb 15
    		$1.06$1.07-0.93%Miss-7.8%
    Sep 21
    Reported Nov 5
    		$0.99$0.99+0.00%Beat+4.2%
    Jun 21
    Reported Jul 29
    		$1.07$0.96+11.46%Beat+16.3%
    Mar 21
    Reported May 7
    		$1.16$1.12+3.57%Beat-1.7%
    Dec 20
    Reported Feb 18
    		$1.15$1.01+13.86%Beat+11.7%
    Sep 20
    Reported Oct 29
    		$0.95$0.94+1.06%Beat-8.7%
    Jun 20
    Reported Jul 30
    		$0.92$0.93-1.08%Miss-8.0%
    Mar 20
    Reported May 1
    		$1.18$1.07+10.28%Beat+10.3%
    Dec 19
    Reported Feb 13
    		$1.03$1.03+0.00%Beat+0.0%
    Sep 19
    Reported Nov 1
    		$1.04$0.99+5.05%Beat+4.0%
    Jun 19
    Reported Aug 1
    		$1.00$0.98+2.04%Beat+16.3%
    Mar 19
    Reported May 3
    		$1.07$1.00+7.00%Beat+9.2%
    Dec 18
    Reported Feb 14
    		$1.03$0.96+7.29%Beat+25.6%
    Sep 18
    Reported Nov 1
    		$1.00$0.80+25.00%Beat+42.9%
    Jun 18
    Reported Aug 2
    		$0.86$0.76+13.16%Beat+13.2%
    Mar 18
    Reported Apr 27
    		$0.98$0.85+15.29%Beat+21.0%
    Dec 17
    Reported Feb 15
    		$0.82$0.79+3.80%Beat+9.3%
    Sep 17
    Reported Nov 9
    		$0.70$0.69+1.45%Beat-
    Jun 17
    Reported Jul 28
    		$0.76$0.69+10.14%Beat-
    Mar 17
    Reported May 5
    		$0.81$0.74+9.46%Beat-
    Dec 16
    Reported Feb 16
    		$0.75$0.72+4.17%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.85%
    Forward Annual Dividend$2.48
    Payout Ratio45.74%
    Pay MonthsApr, Jul, Oct, Dec

    Growth

    3Y CAGR-0.66%
    5Y CAGR+2.18%
    TRP dividend history and ex-dividend datesRun TRP in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio26.18EV/EBITDA13.72x
    Price/FCF25.78xFCF Yield3.88%
    Profitability
    Profit Margin22.90%Operating Margin44.30%
    ROE11.80%ROIC7.48%
    Financial Health
    Debt/Equity2.30xInterest Coverage2.49x
    Current Ratio0.61xQuick Ratio0.54x
    Trading Statistics
    Beta0.98Avg Volume2.52M
    52-Week High$70.1452-Week Low$47.29

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$62.37
    SMA 20$61.22
    SMA 50$60.90
    SMA 200$62.91
    EMA 10$62.48
    EMA 20$61.67
    EMA 50$61.64
    EMA 200$61.32

    MACD

    Line: 0.78Signal: 0.39Hist: 0.39

    ADX

    ADX: 16.5+DI: 22.9-DI: 15.3

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down12.0
    PSAR$61.77

    Bollinger Bands

    Upper Band$64.17
    Lower Band$58.27
    %B Position964%(Upper)
    Band Width1.03

    RSI (14-Day)

    Neutral
    66.4

    Momentum Oscillators

    Stoch %K94.6
    Stoch %D93.6
    Williams %R-2.0
    ROC (10d)7.8%
    Momentum4.67
    CCI (20d)170.3
    MFI (14d)69.6

    Volatility Measures

    ATR (14d)$1.28(2.0%)
    StdDev (20d)1.48
    Hist Vol22.9%(Moderate)

    Volume Flow

    VWAP$64.08
    OBV2.6M
    AD Line-1.6B
    CMF (20d)0.278

    Volume Metrics

    Avg Vol (20d)2.5M
    Vol Ratio0.6x
    VWMA (20d)$61.03

    Pivot Points

    R3$64.60
    R2$64.20
    R1$63.66
    Pivot Point$63.26
    S1$62.72
    S2$62.32
    S3$61.78

    Advanced Oscillators

    TSI16.01
    Ultimate Osc63.0
    KST35.30

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$3.99B$4.24B$4.07B$3.70B$3.74B$3.62B$1.36B$4.08B$3.33B$3.51B$4.24B$3.94B
    Cost of Revenue$1.98B$1.84B$2.05B$1.91B$1.90B$1.74B$585.00M$2.24B$1.75B$1.71B$2.20B$2.14B
    Gross Profit$2.01B$2.41B$2.02B$1.80B$1.84B$1.89B$775.00M$1.84B$1.57B$1.80B$2.03B$1.80B
    Operating Expenses$227.10M$194.50M$223.82M$215.00M$218.00M$224.00M$123.00M$235.00M$210.00M$196.00M$230.00M$218.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$224.00M$215.00M$218.00M$224.00M$123.00M$235.00M$0$0$0$218.00M
    Operating Income$1.79B$2.21B$1.80B$1.58B$1.62B$1.66B$652.00M$1.61B$1.36B$1.61B$1.80B$1.58B
    Interest Income$34.00M$33.00M$506.00M$47.00M$399.00M$51.00M$307.00M$89.00M$69.00M$77.00M$121.00M$63.00M
    Interest Expense$856.37M$837.16M$869.29M$793.00M$733.00M$592.00M$558.00M$626.00M$599.00M$623.00M$607.00M$701.00M
    Income Before Tax$1.45B$1.41B$1.42B$1.21B$1.34B$1.47B$865.00M$2.00B$1.14B$1.43B$1.82B$-39,000,000
    Income Tax Expense$307.13M$254.66M$262.79M$245.00M$337.00M$293.00M$78.00M$351.00M$148.00M$244.00M$209.00M$134.00M
    Net Income$1.02B$929.40M$1.01B$637.00M$861.00M$1.01B$999.00M$1.48B$990.00M$1.23B$1.49B$-174,000,000
    EBITDA$2.52B$2.97B$3.01B$2.71B$2.74B$2.74B$2.06B$3.26B$2.37B$2.77B$3.15B$1.35B
    EBIT$1.79B$2.25B$2.29B$2.01B$2.07B$2.06B$1.42B$2.63B$1.74B$2.05B$2.43B$662.00M
    * Some calculated fields are derived from available data when not provided by source

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    News

    TC Energy Corporation (TRP) Seasonal Returns Chart - Yahoo Finance

    The article displays a seasonal returns chart for TC Energy Corporation (TRP), showing the average monthly price return from 2016 to 2026. It also provides current stock information...

    Yahoo! Finance Canada•10/29/26•Neutral

    TC Energy Corporation (TRP.TO) Seasonal Returns Chart - Yahoo Finance

    This article presents a seasonal returns chart for TC Energy Corporation (TRP.TO), showing the average monthly price return between 2016 and 2026. The data is a delayed quote from Toronto...

    Yahoo! Finance Canada•10/29/26•Neutral

    TC Energy Corporation $TRP Shares Sold by MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd

    MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd decreased its stake in TC Energy Corporation by 2.7% in the third quarter...

    MarketBeat•10/29/26•Somewhat-Bullish

    TC Energy Corp. stock rises Wednesday, still underperforms market

    Shares of TC Energy Corp. rose 0.06% on Wednesday to C$88.32, amidst an overall positive trading session for the Canadian market where the S&P/TSX Composite Index increased by 0.26%. Despite this gain...

    MarketWatch•10/28/26•Somewhat-Bearish

    Viewpoint Investment Partners Corp Buys 21,868 Shares of TC Energy Corporation $TRP

    Viewpoint Investment Partners Corp significantly increased its stake in TC Energy Corporation by 60.1% in the third quarter...

    MarketBeat•10/27/26•Bullish

    TRP Valuation and Fair Value

    P/E
    26.2x
    Forward P/E
    22.1x
    EV/EBITDA
    13.7x
    P/FCF
    25.8x
    PEG
    2.3x
    P/B
    3.4x
    See GNG's fair value

    TRP Profitability: Margins, ROIC and FCF

    Gross margin
    51.5%
    Operating margin
    44.3%
    Net margin
    22.9%
    ROIC
    7.5%
    ROE
    11.8%
    FCF margin
    31.7%
    FCF yield
    3.9%

    TRP Competitors

    CompanyTicker
    Imperial Oil LtdIMO
    Targa Resources IncTRGP
    Energy Transfer LPET
    Occidental Petroleum CorporationOXY
    Kinder Morgan IncKMI
    Cheniere Energy IncLNG
    Schlumberger NVSLB
    ONEOK IncOKE

    Sector: Energy

    TRP Analyst Ratings

    Consensus
    Buy
    Analysts
    24
    Strong Buy
    7
    Buy
    10
    Hold
    7
    Sell
    0
    Strong Sell
    0

    TRP Bull Case vs Bear Case

    Bull case

    • TRP converts 31.7% of revenue into free cash flow.
    • TRP has a 22.9% net profit margin.
    • TRP beat EPS estimates in 75.0% of its last 8 reported quarters.

    Bear case

    • TRP has a debt-to-equity ratio of 2.3x.

    TRP Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    4.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.87
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    3 up, 0 down

    TRP Dividend

    Forward yield
    3.8%
    Payout ratio
    45.7%
    3Y DPS growth
    -0.7%
    5Y DPS growth
    2.2%
    Pay months
    Apr, Jul, Oct, Dec
    TRP dividend history

    Frequently Asked Questions About TRP

    What is TRP's current dividend yield?

    TC Energy Corp (TRP) has a forward dividend yield of 3.85%.

    Does TRP pay dividends?

    Yes, TC Energy Corp pays dividends with a forward dividend yield of 3.85%.

    What is TRP's P/E ratio?

    TC Energy Corp has a price-to-earnings (P/E) ratio of 26.18.

    What is TRP's market cap?

    TC Energy Corp (TRP) has a market capitalization of $65.76B with a current stock price of $64.34.

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