TC Energy (TRP) Stock Price, News & Analysis

Company Overview

TC Energy Corporation is an energy infrastructure company that develops and operates natural gas pipeline, storage and power-generation assets. Its natural gas pipeline network connects major supply basins with utilities, power generators, industrial customers and export markets, while its storage facilities help support the reliability and flexibility of energy systems.

The company serves customers across Canada, the United States and Mexico. Its operations include regulated and contracted natural gas transportation, natural gas storage, and nuclear and other power-generation activities. TC Energy also develops infrastructure intended to support changing energy needs, including projects related to lower-carbon energy and emissions reduction.

The company was founded in 1951 as Trans-Canada Pipe Lines and adopted the TC Energy name in 2019. In 2024, it separated its liquids pipeline business into a standalone company, South Bow Corporation, allowing TC Energy to focus primarily on natural gas and energy infrastructure. François Poirier has served as TC Energy’s president and chief executive officer since 2021.

Key Stats

• Today's Range: $63.69 to $63.69
• 50-Day Range: $61.86 to $70.58
• 52-Week Range: $49.27 to $71.47
• Volume: 964 shs
• Average Volume: 2.45 million shs
• Market Capitalization: $63.78 billion
• P/E Ratio: 26.44
• Dividend Yield: 3.97%
• Price Target: $89.00
• Consensus Rating: Moderate Buy

TC Energy Stock Analysis - MarketRank™

TC Energy scored higher than 83% of companies evaluated by MarketBeat, and ranked 51st out of 248 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

TC Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 1 strong buy rating, 9 buy ratings, 5 hold ratings, and no sell ratings.

Upside Potential

TC Energy has a consensus price target of $89.00, representing about 40.3% upside from its current price of $63.46.

Amount of Analyst Coverage

TC Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 5.76%

Earnings Growth

Earnings for TC Energy are expected to grow by 5.76% in the coming year, from $2.78 to $2.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TC Energy is 26.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of TC Energy is 26.33, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 21.98.

Price to Book Value per Share Ratio

TC Energy has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.18% of the float of TC Energy has been sold short.

Short Interest Ratio / Days to Cover

TC Energy has a short interest ratio ("days to cover") of 8.7.

Change versus previous month

Short interest in TC Energy has recently increased by 2.97%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

TC Energy is a leading dividend payer. It pays a dividend yield of 3.95%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

TC Energy has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of TC Energy is 104.98%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, TC Energy will have a dividend payout ratio of 86.05% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.57

News Sentiment

TC Energy has a news sentiment score of 1.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for TC Energy this week, compared to 6 articles on an average week.

Search Interest

Only 3 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

MarketBeat Follows

4 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TC Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

83.13% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/31 Dividend: 6/30/2026
• Ex-Dividend for 7/31 Dividend: 6/30/2026
• Last Earnings: 7/30/2026
• Dividend Payable: 7/31/2026
• Today: 9/09/2026
• Record date for 10/30 Dividend: 9/29/2026
• Ex-Dividend for 10/30 Dividend: 9/29/2026
• Dividend Payable: 10/30/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Storage & Transportation
• Current Symbol: NYSE:TRP
• CIK: 1232384
• Web: www.tcenergy.com
• Phone: (403) 920-2000
• Fax: 1403-920-2200
• Employees: 6,574
• Year Founded: 1951

Price Target and Rating

• Average Price Target for TC Energy: $89.00
• High Price Target: $106.00
• Low Price Target: $62.00
• Potential Upside/Downside: +39.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.73
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.41
• Trailing P/E Ratio: 26.44
• Forward P/E Ratio: 22.94
• P/E Growth: N/A
• Net Income: $2.52 billion
• Net Margins: 22.91%
• Pretax Margin: 35.05%
• Return on Equity: 11.10%
• Return on Assets: 3.21%

Debt

• Debt-to-Equity Ratio: 1.64
• Current Ratio: 0.61
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: $15.69 billion
• Price / Sales: 4.07
• Cash Flow: $4.61 per share
• Price / Cash Flow: 13.84
• Book Value: $23.82 per share
• Price / Book: 2.68

Miscellaneous

• Outstanding Shares: 1,000,000,000
• Free Float: N/A
• Market Cap: $63.78 billion
• Optionable: Optionable
• Beta: 0.66