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TC Energy (TRP) Stock Price, News & Analysis

TC Energy logo
$62.04 -0.99 (-1.57%)
As of 03:58 PM Eastern

About TC Energy Stock (NYSE:TRP)

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Key Stats

Today's Range
$61.78
$63.89
50-Day Range
$62.38
$70.58
52-Week Range
$49.27
$71.47
Volume
1.56 million shs
Average Volume
2.52 million shs
Market Capitalization
$64.64 billion
P/E Ratio
25.74
Dividend Yield
4.03%
Price Target
$89.00
Consensus Rating
Moderate Buy

Company Overview

TC Energy (NYSE: TRP) is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.

The company's principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation. Its pipeline networks transport natural gas and crude oil for utilities, producers and industrial customers, while its power generation assets provide electricity from a mix of thermal and other sources. TC Energy’s operations encompass both large interstate and interprovincial transmission systems and regional networks, along with associated compression, pumping and storage facilities that support reliable fuel and power delivery.

TC Energy serves customers across Canada, the United States and Mexico, offering essential midstream services that support energy markets and supply chains. The company pursues project development, system expansions and joint ventures to respond to shifting demand patterns and regulatory requirements. Notable pipeline systems within its portfolio have been important conduits for cross‑border energy flows between producing regions and major consumption markets.

Founded as TransCanada and publicly traded in North America, TC Energy has grown through a combination of organic project development and strategic transactions. The company emphasizes operational reliability, regulatory compliance and stakeholder engagement as core elements of its business. Management and the board oversee a large asset base and ongoing investment programs aimed at maintaining service continuity while adapting to evolving industry conditions and policy expectations.

AI Generated. May Contain Errors.

TC Energy Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
87th Percentile Overall Score

TRP MarketRank™: 

TC Energy scored higher than 87% of companies evaluated by MarketBeat, and ranked 38th out of 251 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TC Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 1 strong buy rating, 8 buy ratings, 5 hold ratings, and no sell ratings.

  • Upside Potential

    TC Energy has a consensus price target of $89.00, representing about 43.4% upside from its current price of $62.08.

  • Amount of Analyst Coverage

    TC Energy has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about TC Energy's stock forecast and price target.
  • Earnings Growth

    Earnings for TC Energy are expected to grow by 6.91% in the coming year, from $2.75 to $2.94 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TC Energy is 25.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TC Energy is 25.76, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 20.54.

  • Price to Book Value per Share Ratio

    TC Energy has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about TC Energy's valuation and earnings.
  • Percentage of Shares Shorted

    2.11% 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 9.64.
  • Change versus previous month

    Short interest in TC Energy has recently decreased by 4.63%, indicating that investor sentiment is improving.
  • Dividend Leadership

    TC Energy is a leading dividend payer. It pays a dividend yield of 3.86%, 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 103.73%. 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 85.03% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.

  • Read more about TC Energy's dividend.
  • News Sentiment

    TC Energy has a news sentiment score of 1.51. 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 0.76 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for TC Energy this week, compared to 6 articles on an average week.
  • Search Interest

    Only 11 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -48% 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.
  • 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.

  • Read more about TC Energy's insider trading history.
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TRP Stock News Headlines

RRSP Investors: 2 Discounted TSX Dividend Stocks to Consider Now
Trump Takes Emergency Action - Plus Elon Musk's New Venture
Elon Musk has quietly launched a new venture - one that has nothing to do with rockets, EVs, or Neuralink. Trump has issued emergency support to accelerate the rollout, and it's already live in multiple states. The Financial Times reports Sam Altman is personally calling people to build this for OpenAI. A few little-known companies control the entire supply chain - meaning anyone who wants access must go through them. Their stocks are available to buy right now.tc pixel
See More Headlines

TRP Stock Analysis - Frequently Asked Questions

TC Energy's stock was trading at $55.04 at the start of the year. Since then, TRP shares have increased by 12.8% and is now trading at $62.08.

TC Energy Corporation (NYSE:TRP) announced its quarterly earnings results on Thursday, July, 30th. The pipeline company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.07. The pipeline company earned $2.80 billion during the quarter, compared to the consensus estimate of $2.76 billion. TC Energy had a trailing twelve-month return on equity of 11.10% and a net margin of 22.91%.
Read the conference call transcript
.

TC Energy's top institutional shareholders include Canada Pension Plan Investment Board (1.67%), GQG Partners LLC (1.61%), TD Asset Management Inc (1.55%) and Deutsche Bank AG (1.52%).

Shares of TRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that TC Energy investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

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
8/21/2026
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
Employees
6,574
Year Founded
1951

Price Target and Rating

High Price Target
$106.00
Low Price Target
$62.00
Potential Upside/Downside
+43.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.41
Trailing P/E Ratio
25.74
Forward P/E Ratio
22.56
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
4.12
Cash Flow
$4.50 per share
Price / Cash Flow
13.79
Book Value
$24.42 per share
Price / Book
2.54

Miscellaneous

Outstanding Shares
1,041,939,000
Free Float
N/A
Market Cap
$64.64 billion
Optionable
Optionable
Beta
0.66

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This page (NYSE:TRP) was last updated on 8/21/2026 by MarketBeat.com Staff.
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