
TC Energy Corporation
TRPNYSEEnergyOil & Gas Midstream
Previous close
$62.02
−$1.01 · -1.60%
Pre-market
$62.02
$0.00 · 0.00%
Aug 24, 7:06 AM ET
TRP company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
65
Undervalued
Momentum
53
Neutral
Sentiment
50
Mixed
Risk resilience
79
Moderate Risk
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
AI-generated, informational only, and not investment advice.
Company profile
Company websiteTC 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.
- Industry
- Oil & Gas Midstream
- Sector
- Energy
- Headquarters
- CA
- CEO
- Francois Lionel Poirier
- Listed since
- Sep 20, 1982
- Employees
- 6,574
Market position
Day range
Current $62.02
52-week range
Current $62.02
- Open
- $63.66
- Previous close
- $63.03
- Volume
- 1.43M
- 0.58× average
- Average volume
- 2.45M
- Average daily volume
- Market cap
- 64.56B USD
- Beta
- 0.98
- Market reference 1
- 50-day average
- $67.051
- -7.50% below average
- 200-day average
- $62.0097
- +0.02% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 139.19B CAD
- P/E (TTM)
- 25.66×
- P/B (TTM)
- 3.21×
- P/S (TTM)
- 5.56×
- EV / EBITDA
- 12×
- Earnings yield
- 4.48%
- Free cash flow yield
- 2.62%
- Dividend yield
- 4.04%
Profitability & efficiency
- Gross margin
- 51.46%
- Operating margin
- 46.09%
- Net margin
- 22.46%
- Return on equity
- 12.89%
- Return on assets
- 2.96%
- Return on invested capital
- 4.76%
Financial health
- Debt / equity
- 2.3×
- Current ratio
- 0.63×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
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 Aug 24, 2026.
Corporate actions
Corporate action history
| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Feb 13, 1984 | 2:1 | — | — |
Effective Feb 13, 1984
2:1
ETFs holding TRP
Funds reporting this stock among their holdings, ordered by reported position size.
Global X - MLP & Energy Infrastructure ETFMLPX298.27M8.29%——$74.36-1.35%
Tortoise North American Pipeline FundTPYP41.75M7.50%——$42.795-1.33%
First Trust Value Line Dividend Index FundFVD30.66M0.37%8.29B USD0.62%$50.70+0.06%
Dimensional - International Core Equity Market ETFDFAI20.15M0.11%18.23B USD0.18%$43.35+0.81%
Dimensional - International Core Equity 2 ETFDFIC19.51M0.13%15.43B USD0.22%$39.405+0.83%
Westwood Salient Enhanced Midstream Income ETFMDST13.12M4.46%——$29.43-0.68%
Dimensional World ex U.S. Core Equity 2 ETFDFAX9.92M0.08%12.57B USD0.28%$38.16+0.82%
State Street SPDR Portfolio Emerging Markets ETFSPEM7.03M0.04%17.57B USD0.07%$52.38+0.61%
Global X - MLP & Energy Infrastructure ETFMLPX- Market value
- 298.27M
- Weight
- 8.29%
- AUM
- —
- Expense ratio
- —
- Price / 1D
- $74.36-1.35%
Tortoise North American Pipeline FundTPYP- Market value
- 41.75M
- Weight
- 7.50%
- AUM
- —
- Expense ratio
- —
- Price / 1D
- $42.795-1.33%
First Trust Value Line Dividend Index FundFVD- Market value
- 30.66M
- Weight
- 0.37%
- AUM
- 8.29B USD
- Expense ratio
- 0.62%
- Price / 1D
- $50.70+0.06%
Dimensional - International Core Equity Market ETFDFAI- Market value
- 20.15M
- Weight
- 0.11%
- AUM
- 18.23B USD
- Expense ratio
- 0.18%
- Price / 1D
- $43.35+0.81%
Dimensional - International Core Equity 2 ETFDFIC- Market value
- 19.51M
- Weight
- 0.13%
- AUM
- 15.43B USD
- Expense ratio
- 0.22%
- Price / 1D
- $39.405+0.83%
Westwood Salient Enhanced Midstream Income ETFMDST- Market value
- 13.12M
- Weight
- 4.46%
- AUM
- —
- Expense ratio
- —
- Price / 1D
- $29.43-0.68%
Dimensional World ex U.S. Core Equity 2 ETFDFAX- Market value
- 9.92M
- Weight
- 0.08%
- AUM
- 12.57B USD
- Expense ratio
- 0.28%
- Price / 1D
- $38.16+0.82%
State Street SPDR Portfolio Emerging Markets ETFSPEM- Market value
- 7.03M
- Weight
- 0.04%
- AUM
- 17.57B USD
- Expense ratio
- 0.07%
- Price / 1D
- $52.38+0.61%
Continue in GoAI
Research TRPresearch.disclaimer