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, Québec, 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.
Regular session
$60.11
+$0.13 · +0.22%
Regular session · ET · Market data may be delayed.
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, Québec, 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.
Day range
Current $60.11
52-week range
Current $60.11
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
65
Undervalued
Sentiment
50
Mixed
Risk
21
Moderate Risk
Momentum
53
Neutral
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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, Québec, 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.
Day range
Current $60.11
52-week range
Current $60.11
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (CAD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 15.19B CAD | 13.77B CAD | 13.27B CAD | 12.31B CAD | 13.39B CAD |
| Cost of goods sold | 7.59B CAD | 7.17B CAD | 6.6B CAD | 6.51B CAD | 6.71B CAD |
| Gross profit | 7.6B CAD | 6.61B CAD | 6.67B CAD | 5.8B CAD | 6.68B CAD |
| Operating expenses | 880.28M CAD | 820M CAD | 781M CAD | 727M CAD | 774M CAD |
| Interest income | 205.83M CAD | 542M CAD | 569M CAD | 107.7M CAD | 190M CAD |
| Interest expense | 3.39B CAD | 2.52B CAD | 2.58B CAD | 1.9B CAD | 2.09B CAD |
| Depreciation and amortization | 2.77B CAD | 2.79B CAD | 2.78B CAD | 2.58B CAD | 2.52B CAD |
| Operating income | 6.72B CAD | 5.79B CAD | 5.89B CAD | 5.07B CAD | 5.91B CAD |
| Net income | 3.52B CAD | 4.7B CAD | 2.92B CAD | 748M CAD | 1.96B CAD |
Company facts updated Oct 9, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$85.00
41.41% upsideCash distributions grouped by calendar year; partial years are marked.
$2.4466
2025 complete year-11.9% since 2021
2026 partial: $1.8649
$2.7776
2,021
$2.7385
2,022
$2.7808
2,023
$2.6903
2,024
$2.4466
2,025
$1.8649
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Sep 29, 2026 | $0.6184Quarterly | Sep 29, 2026 | Oct 30, 2026 |
Dividend | Jun 30, 2026 | $0.6177Quarterly | Jun 30, 2026 | Jul 31, 2026 |
Dividend | Mar 31, 2026 | $0.6288Quarterly | Mar 31, 2026 | Apr 30, 2026 |
Dividend | Dec 31, 2025 | $0.6201Quarterly | Dec 31, 2025 | Jan 30, 2026 |
Dividend | Sep 29, 2025 | $0.6113Quarterly | Sep 29, 2025 | Oct 31, 2025 |
Dividend | Jun 30, 2025 | $0.6241Quarterly | Jun 30, 2025 | Jul 31, 2025 |
Ex-dividend Sep 29, 2026
$0.6184
Quarterly
Record Sep 29, 2026 · Payment Oct 30, 2026
Ex-dividend Jun 30, 2026
$0.6177
Quarterly
Record Jun 30, 2026 · Payment Jul 31, 2026
Ex-dividend Mar 31, 2026
$0.6288
Quarterly
Record Mar 31, 2026 · Payment Apr 30, 2026
Ex-dividend Dec 31, 2025
$0.6201
Quarterly
Record Dec 31, 2025 · Payment Jan 30, 2026
Ex-dividend Sep 29, 2025
$0.6113
Quarterly
Record Sep 29, 2025 · Payment Oct 31, 2025
Ex-dividend Jun 30, 2025
$0.6241
Quarterly
Record Jun 30, 2025 · Payment Jul 31, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
Global X - MLP & Energy Infrastructure ETFMLPX318.76M9.01%3.53B USD0.45%$72.29-0.22%
Tortoise North American Pipeline ETFTPYP62.72M7.32%857.39M USD0.40%$41.47+0.02%
Invesco S&P International Developed Momentum ETFIDMO32.44M0.78%4.27B USD0.25%$60.125+0.29%
First Trust Value Line Dividend Index FundFVD31.92M0.42%7.55B USD0.62%$47.685+0.18%
Dimensional - International Core Equity Market ETFDFAI20.02M0.11%17.65B USD0.18%$41.315+0.60%
Dimensional - International Core Equity 2 ETFDFIC18.55M0.12%14.92B USD0.22%$37.505+0.58%
Westwood Salient Enhanced Midstream Income ETFMDST12.95M4.39%298.43M USD0.80%$28.34-0.28%
iShares North American Natural Resources ETFIGE12.42M1.55%786.05M USD0.37%$64.375+0.54%
Global X - MLP & Energy Infrastructure ETFMLPX
Tortoise North American Pipeline ETFTPYP
Invesco S&P International Developed Momentum ETFIDMO
First Trust Value Line Dividend Index FundFVD
Dimensional - International Core Equity Market ETFDFAI
Dimensional - International Core Equity 2 ETFDFIC
Westwood Salient Enhanced Midstream Income ETFMDST
iShares North American Natural Resources ETFIGEAI-generated and delayed market data for informational and educational purposes only. Not investment advice.