TC Energy (TRP) Stock Price, News & Analysis

Company Overview

TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system. The company also owns or has interests in 11 power-generation facilities with a capacity of 6,600 megawatts.

Key Stats

• Today's Range: C$87.88 to C$89.24
• 50-Day Range: C$82.12 to C$91.08
• 52-Week Range: C$63.34 to C$91.50
• Volume: 7.36 million shs
• Average Volume: 5.75 million shs
• Market Capitalization: C$92.48 billion
• P/E Ratio: 27.83
• Dividend Yield: 3.86%
• Price Target: C$87.46
• Consensus Rating: Hold

TC Energy Stock Analysis - MarketRank™

TC Energy scored higher than 36% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

TC Energy has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on no strong buy ratings, 6 buy ratings, 8 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for TC Energy is close to its current price, suggesting limited near-term upside or downside.

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: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of TC Energy is 27.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of TC Energy is 27.83, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 15.22.

Price to Earnings Growth Ratio

TC Energy has a PEG Ratio of 1.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

TC Energy has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TRP.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

TC Energy is a leading dividend payer. It pays a dividend yield of 3.89%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

TC Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of TC Energy is 107.45%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.76

News Sentiment

TC Energy has a news sentiment score of 0.76. 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 news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 27 news articles for TC Energy this week, compared to 4 articles on an average week.

Search Interest

36 people have searched for TRP on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, TC Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,248,596.00 in company stock.

Percentage Held by Insiders

0.03% of the stock of TC Energy is held by insiders.

Percentage Held by Institutions

56.66% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TRP Stock Analysis - Frequently Asked Questions

How have TRP shares performed this year?

TC Energy's stock was trading at C$75.58 at the start of the year. Since then, TRP stock has increased by 17.5% and is now trading at C$88.77.

How were TC Energy's earnings last quarter?

TC Energy Co. (TSE:TRP) released its quarterly earnings results on Friday, May, 1st. The company reported $0.99 earnings per share (EPS) for the quarter. The firm earned $3.86 billion during the quarter. TC Energy had a net margin of 21.83% and a trailing twelve-month return on equity of 12.53%.

How do I buy shares of TC Energy?

Shares of TRP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of TC Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TC Energy investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Toronto-Dominion Bank (TD) and Vermilion Energy (VET).

Company Calendar

• Last Earnings: 5/01/2026
• Today: 5/08/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Midstream
• Sub-Industry: Utilities
• Current Symbol: TSE:TRP
• CIK: N/A
• Web: www.transcanada.com
• Phone: +1-403-9202000
• Fax: N/A
• Employees: 7,480
• Year Founded: N/A

Price Target and Rating

• Average Price Target for TC Energy: C$87.46
• High Price Target: C$95.00
• Low Price Target: C$62.00
• Potential Upside/Downside: -1.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.43
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): C$3.19
• Trailing P/E Ratio: 27.83
• Forward P/E Ratio: 25.01
• P/E Growth: 1.69
• Net Income: C$5.15 billion
• Net Margins: 21.83%
• Pretax Margin: N/A
• Return on Equity: 12.53%
• Return on Assets: 3.51%

Debt

• Debt-to-Equity Ratio: 224.52
• Current Ratio: 0.65
• Quick Ratio: 0.40

Sales & Book Value

• Annual Sales: C$15.48 billion
• Price / Sales: 5.98
• Cash Flow: C$4.38 per share
• Price / Cash Flow: 20.28
• Book Value: C$35.69 per share
• Price / Book: 2.49

Miscellaneous

• Outstanding Shares: 1,041,767,000
• Free Float: N/A
• Market Cap: C$92.48 billion
• Optionable: Not Optionable
• Beta: 0.76