TC Energy (TRP) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $69.04 to $70.54
• 50-Day Range: $60.07 to $69.43
• 52-Week Range: $46.29 to $70.54
• Volume: 3.08 million shs
• Average Volume: 2.56 million shs
• Market Capitalization: $70.11 billion
• P/E Ratio: 30.43
• Dividend Yield: 3.68%
• Price Target: $78.50
• Consensus Rating: Moderate Buy

TC Energy Stock Analysis - MarketRank™

TC Energy scored higher than 79% of companies evaluated by MarketBeat, and ranked 52nd out of 249 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: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

TC Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, 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 $78.50, representing about 12.0% upside from its current price of $70.11.

Amount of Analyst Coverage

TC Energy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.73%

Earnings Growth

Earnings for TC Energy are expected to grow by 4.73% in the coming year, from $2.75 to $2.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TC Energy is 30.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of TC Energy is 30.43, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 21.42.

Price to Book Value per Share Ratio

TC Energy has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.56% 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 2.19, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TC Energy has recently decreased by 73.22%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

TC Energy is a leading dividend payer. It pays a dividend yield of 3.64%, 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 109.57%. 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 87.50% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.90

News Sentiment

TC Energy has a news sentiment score of 0.90. 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 0.63 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for TC Energy this week, compared to 5 articles on an average week.

Search Interest

Only 31 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.

MarketBeat Follows

7 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 40% 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 4/30 Dividend: 3/31/2026
• Ex-Dividend for 4/30 Dividend: 3/31/2026
• Dividend Payable: 4/30/2026
• Last Earnings: 5/01/2026
• Today: 5/20/2026
• Next Earnings (Estimated): 7/30/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Other Alt Energy
• Sub-Industry: Utilities
• Current Symbol: NYSE:TRP
• CIK: 1232384
• Web: www.transcanada.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: $78.50
• High Price Target: $95.00
• Low Price Target: $62.00
• Potential Upside/Downside: +12.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.30
• Trailing P/E Ratio: 30.43
• Forward P/E Ratio: 25.49
• P/E Growth: N/A
• Net Income: $2.52 billion
• Net Margins: 22.22%
• Pretax Margin: 34.80%
• Return on Equity: 10.74%
• Return on Assets: 3.14%

Debt

• Debt-to-Equity Ratio: 1.67
• Current Ratio: 0.65
• Quick Ratio: 0.57

Sales & Book Value

• Annual Sales: $15.48 billion
• Price / Sales: 4.53
• Cash Flow: $4.57 per share
• Price / Cash Flow: 15.33
• Book Value: $25.44 per share
• Price / Book: 2.76

Miscellaneous

• Outstanding Shares: 1,000,000,000
• Free Float: N/A
• Market Cap: $70.11 billion
• Optionable: Optionable
• Beta: 0.67