TC Energy (TRP.TO) Stock Price

TC Energy Price

TSX·CLOSED
85.75
​
Market closed

Revenue has compounded at 3.8% per year over the past 19 years to 15.20 B CAD. Earnings per share have grown at 2.5% per year over the last 19 years. TC Energy's net margin stands at 23.2%, up from 14.6% several years earlier. TC Energy currently offers a dividend yield of about 3.97%. The payout ratio is around 101% of earnings. The dividend has grown at 5.8% per year over the past 19 years. Analysts set a median price target of 81.60 CAD, implying 4.8% below the current price. Of 25 analysts, 17 rate the stock a buy — an overall Buy consensus.

TC Energy stock price

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TC Energy business model & stock analysis

TC Energy Corporation is a leading energy company in North America specializing in pipeline operations. The company is headquartered in Calgary, Alberta, Canada and has branches in the United States and Mexico. It was founded in 1951 as Trans-Canada Pipelines Limited to enable the construction of a pipeline from Alberta to Ontario. In recent decades, the company has experienced significant expansion and now operates over 92,600 kilometers of pipelines transporting gas, oil, and other energy sources. Its business model is centered around the construction, operation, and maintenance of pipelines and related facilities, as well as offering storage and compression services. TC Energy operates in three main business segments: pipelines and energy, power generation and services, and LNG. Its pipelines transport various energy sources across North America, and the company also operates hydroelectric power plants and provides LNG services. TC Energy offers a range of products and services tailored to the needs of its customers, including gas and oil pipeline transport, storage solutions, power generation and services, and LNG services. Its services include commissioning, inspection, maintenance, repair, around-the-clock support, and fast response times. Overall, TC Energy is a leading company in the energy industry, specializing in pipelines and the transportation of various energy sources, operating over 92,600 kilometers of pipelines in North America, and providing a wide range of products and services to ensure reliable energy supply for its customers.

Frequently asked questions about TC Energy

The business model of TC Energy Corp, formerly known as TransCanada Corporation, is focused on energy infrastructure. The company operates natural gas pipelines, storage facilities, and power generation assets. TC Energy transports and delivers energy products, including natural gas, crude oil, and electricity, to customers across North America. They play a significant role in the energy sector by connecting growing supplies of energy to markets in a safe and reliable manner. With a strong emphasis on sustainability and innovation, TC Energy aims to meet the region's energy needs while minimizing environmental impact and contributing to economic growth.

TC Energy Corp is primarily active in the energy industry. As a leading energy infrastructure company, TC Energy Corp operates in multiple sectors, including natural gas pipelines, liquids pipelines, and power generation. With a strong focus on developing and operating safe and reliable energy infrastructure, TC Energy Corp plays a vital role in transporting and delivering energy products across North America. Their extensive network spans across various regions, serving customers in the United States, Canada, and Mexico. As a key player in the energy sector, TC Energy Corp contributes to the efficient and sustainable movement of energy resources.

Some of the main competitors of TC Energy Corp in the market include Enbridge Inc., Kinder Morgan Inc., and Energy Transfer LP.

TC Energy Corp, formerly known as TransCanada Corporation, is a leading energy infrastructure company based in Calgary, Canada. With a rich history dating back to 1951, TC Energy has grown into a global player in the energy sector. The company operates a vast network of natural gas pipelines across North America, spanning approximately 93,300 kilometers (58,000 miles). Additionally, TC Energy is involved in power generation and storage, supplying reliable energy to millions of homes and businesses. As an industry leader, TC Energy is committed to sustainable development and the responsible transportation of energy resources. Its strong financial performance and extensive operational expertise have solidified TC Energy's position in the energy industry.

TC Energy Corp, formerly known as TransCanada Corporation, has achieved several significant milestones throughout its history. One notable milestone is the completion of the Keystone Pipeline System, which stretches from Alberta, Canada to the Gulf Coast of the United States. The company has also expanded its portfolio by acquiring Columbia Pipeline Group, enhancing its natural gas transmission and storage capabilities. Additionally, TC Energy Corp has successfully developed, constructed, and operated numerous energy infrastructure projects, such as natural gas pipelines and power generation facilities, contributing to the growth and reliability of North America's energy sector.

TC Energy Corp is primarily present in North America, with a strong focus in Canada and the United States. As one of the largest energy infrastructure companies in North America, TC Energy Corp plays a significant role in the transportation and distribution of natural gas and crude oil. Its extensive network of pipelines spans across various provinces and states, ensuring safe and reliable energy delivery. With a commitment to sustainable energy solutions and responsible resource development, TC Energy Corp continues to expand its presence and deliver value to customers and stakeholders in the North American energy market.

TC Energy Corp represents strong values and a dedicated corporate philosophy. The company is committed to delivering energy responsibly and sustainably, with a focus on safety and environmental stewardship. TC Energy prioritizes integrity, transparency, and ethical business practices in all its operations. As a leading North American energy infrastructure company, TC Energy strives to build long-term value for its shareholders, customers, and communities it operates in. With a proactive approach to corporate social responsibility, TC Energy aims to contribute positively to the well-being of society and create a more sustainable energy future.

Analysts currently set an average price target of 80.19 CAD for the TC Energy stock (median: 81.60 CAD), implying -6.5 % versus the latest price. The consensus is based on 25 analyst ratings.

25 analysts currently rate the TC Energy stock: 17 recommend buying, 6 holding and 2 selling. For 2026, analysts expect TC Energy to generate revenue of 15.94 B CAD and earnings per share of 3.75 CAD.

Converted at the current exchange rate, the TC Energy share trades at 53.76 EUR (85.75 CAD).

The TC Energy share (TRP.TO) is listed on 5 stock exchanges, including: NYSE (TRP), Toronto (TRP.TO), Frankfurt (TRS.F), München (TRS.MU), Düsseldorf (TRS.DU).

The TC Energy Corp is a Canadian company that operates in the energy infrastructure sector. It is a leading energy provider offering a wide range of energy products and services. The company operates in three main business segments: crude oil transportation, natural gas pipelines, and power infrastructure. In the crude oil transportation segment, the company operates a major pipeline called the Keystone Pipeline. It transports crude oil from Canada to the United States and is one of the most important pipelines in the oil industry. This also includes the control of refineries and tank systems that transport crude oil products from drilling sites to end users. The natural gas pipeline segment serves the transportation of natural gas from production sites to consumers. The pipelines are laid throughout North America, covering a total of 91,000 km. The spectrum ranges from Canada to Mexico and from the West Coast to the East Coast of the USA. Here again, the company controls the pipeline network as well as the associated facilities such as compressor stations and regulatory facilities. In the power infrastructure segment, TC Energy Corporation is active in Canada and the USA. This includes the operation of electricity supply networks and power plants, as well as customer connection, electrical substations, and energy supply management. Additionally, the company also offers other products and services, including engineering services, project development and installation of energy infrastructure, and consulting services for the energy sector. To remain competitive, the company invests in the development of infrastructure, including acquiring new pipelines, expanding production facilities, and network expansion. In conclusion, TC Energy Corporation is an important player in the North American energy sector, offering a wide range of energy products and services. The company covers the entire value chain, from transportation to production to power infrastructure. With continuous investment in infrastructure and a focus on new technologies, the company remains competitive and profitable in a constantly changing market.

The expected revenue of TC Energy is 15.94 B CAD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of TC Energy is 3.90 B CAD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of TC Energy is currently 22.88. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the TC Energy stock.

The price-to-sales ratio (P/S) of TC Energy is currently 5.60. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the TC Energy stock.

The Eulerpool Quality Score for TC Energy is 5/10.

The ISIN of TC Energy is CA87807B1076. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of TC Energy is A2PJ41. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of TC Energy is TRP.TO. The ticker symbol is used to trade TC Energy shares on the stock exchange.

Fair ValueTerminal
84.89 CAD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Oil, Gas & Consumable Fuels
Number of shares
Employees
Revenue per Employee
2.08 M CAD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website tcenergy.com
Country
Currency
CAD
Initial public offering
May 30, 1985
ISIN
CA87807B1076
Cusip
87807B107
Sedol
BJMY6G0
Market capitalization
89.18 B CADLarge Cap
52-Week Range
PEG
4.16
P/E ratio
P/Ee 2026
22.86
P/Ee 2027
21.84
P/Ee 2028
20.56
P/Ee 2029
19.20
P/Ee 2030
17.00
P/S
P/Se
5.60
EV/EBIT
22.15
P/B Ratio
3.27
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
4.02 %
Dividend
Dividend yield
3.97 %
Est. Dividend Yield
4.09 %
Payout Ratio
100.58 %
Dividend growth Ø5Y
-3.39 %
Dividend payments per year
4
Dividend paid since
36 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
25.00 %
Last updated Oct 9, 2026, 10:13 PM

TC Energy Ticker

DÜSSELDORF · TRS.DUFRANKFURT · TRS.FMUNICH · TRS.MUNEW YORK · TRPTSX · TRP.TO

TC Energy FIGI

TRP:US · BBG000BVN235TRP:UA · BBG000BVN2H0TRP:UC · BBG000BVN2N3TRP:UN · BBG000BVN3L3TRP:UP · BBG000BVN3X0TRP:UB · BBG000BVN4Z6TRP:UT · BBG000BVN547TRP:UM · BBG000BVN6H1TRP:UX · BBG000BVN7N2TRP:UD · BBG000BVNCC3TRP:UF · BBG000BVNGJ7TRP:VY · BBG000BVNGR8

All fundamentals and in-depth analysis of TC Energy

Our stock analysis for TC Energy stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TC Energy. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.