TC Energy (NYSE:TRP) is a leading North American energy infrastructure company specializing in the transportation of natural gas, liquids and the generation of power. The company owns and operates one of the largest pipeline networks in the region, delivering essential energy supplies to industrial, commercial and residential customers. TC Energy’s assets span Canada, the United States and Mexico, reflecting its strategic focus on cross-border infrastructure that supports economic growth and energy security.
In the natural gas segment, TC Energy’s network includes more than 92,000 kilometres of pipelines, featuring flagship systems such as the NOVA Gas Transmission Ltd. (NGTL) System in western Canada and major U.S. pipelines like ANR, Columbia Gas Transmission and Columbia Gulf Transmission. These systems serve gas producers, utilities and end users by transporting fuel from production areas to markets across North America. The company also operates natural gas storage facilities that enhance supply reliability during seasonal demand fluctuations.
On the liquids side, TC Energy’s Keystone Pipeline System delivers crude oil from Alberta and Saskatchewan to major refining hubs in Illinois and the U.S. Gulf Coast. Though key expansion projects such as Keystone XL have faced regulatory and commercial challenges, TC Energy continues to invest in maintenance and selective expansion of its liquids infrastructure to optimize throughput and meet evolving market needs.
Beyond pipelines, TC Energy holds and operates power generation assets with a combined capacity of approximately 12,000 megawatts. Its portfolio includes natural gas-fired plants, nuclear facilities (through its interest in Bruce Power) and renewable energy projects such as wind farms. The company’s nearly 70-year history dates back to its founding as TransCanada Pipelines Limited in 1951, and it adopted the TC Energy name in 2019 to underscore its broader North American footprint. Under the leadership of President and Chief Executive Officer François Poirier and a board with deep sector expertise, TC Energy pursues sustainable growth while managing environmental and social responsibilities across its operating regions.
