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TRP Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
69.460
Open
68.130
VWAP
68.96
Vol
2.26M
Mkt Cap
72.22B
Low
68.090
Amount
156.00M
EV/EBITDA(TTM)
17.45
Total Shares
1.04B
EV
170.11B
EV/OCF(TTM)
19.80
P/S(TTM)
6.32
TC Energy Corporation is an energy problem-solver working to move, generate and store energy and deliver it to homes and businesses in North America. The Company operates in two core businesses, including Natural Gas Pipelines and Power and Energy Solutions. Its natural gas pipeline network transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals and other businesses across Canada, the U.S. and Mexico. The Power and Energy Solutions business consists of power generation, non-regulated natural gas storage assets, as well as lower-carbon solutions. Its Power and Energy Solutions business includes approximately 4,650 megawatts (MW) of generation powered by nuclear, natural gas, wind and solar. Its natural gas pipelines business is split into three operating segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines.
Show More

Events Timeline

(ET)
2026-05-01
06:50:00
Sees 2026 Net CapEx at C$5.5B-C$6.0B
select
2026-05-01
06:50:00
Company Reports Q1 Comparable EBITDA of C$3.1B
select

News

Fool
8.5
05-14Fool
Nuclear Energy Market Outlook and Investment Opportunities
  • Nuclear Development Potential: According to the World Nuclear Association, building nuclear reactors typically takes five years or longer, indicating that the nuclear market requires time to develop, yet its potential profitability has drawn investor interest.
  • Profitability of GE Vernova: GE Vernova reported a net income of $4.9 billion in 2025 and again achieved $4.7 billion in net income in Q1 2026, demonstrating strong momentum in both nuclear and other energy sectors.
  • TC Energy's Nuclear Investment: TC Energy holds a 48.4% stake in Bruce Power, Canada's only private nuclear reactor, which currently supplies 30% of Ontario's electricity, with plans to extend its operation until 2064, ensuring long-term revenue.
  • Dividends and Growth Potential: TC Energy has increased its dividend for 26 consecutive years, with a current yield of 3.9%, and although its stock price has lagged behind the S&P 500 over the past five years, it has climbed nearly 20% in 2026 amid rising energy demand.
CNBC
6.5
05-14CNBC
Bank of America: Investment Strategies Amid Persistent Inflation
  • Persistent Inflation: According to Bank of America, the consumer price index rose 0.6% in April, bringing the annual rate to 3.8%, the highest since May 2023, indicating that inflation remains far from the Federal Reserve's 2% target, necessitating a reassessment of asset allocations by investors to navigate the high inflation environment.
  • Commodity Investment Opportunities: Bank of America's strategists highlighted that commodities have performed well, with copper reaching a record high this week and oil prices remaining elevated due to the Iran conflict, recommending investors consider stock ETFs in metals and mining, such as the iShares U.S. Basic Materials ETF (IYM), which is up over 20% year to date.
  • Small Cap Value Investments: The bank touted U.S. small cap value stocks as one of the least expensive trades, even after returning 15% to 17% year to date, while also mentioning international small cap value, specifically the Avantis International Small Cap Value ETF (AVDV), which is up 17% in 2026.
  • Nuclear Energy Investment Outlook: Bank of America's commodities team forecasts uranium prices to reach $135 by 2027, challenging historical highs, and recommends the Global X Uranium ETF (URA) as a play on this theme, which has risen 22% this year and offers a current dividend yield of nearly 4%.
Fool
8.5
05-12Fool
TC Energy: A Steady Investment in Nuclear Power
  • Strong Profitability: TC Energy's nuclear segment reported revenue of C$845 million in 2025, bolstered by its 48.4% stake in Bruce Power, Canada's only private-sector nuclear reactor, with revenue expected to grow further as the reactor undergoes refurbishment, enhancing the company's profitability and market competitiveness.
  • Diversified Revenue Streams: With a portfolio that includes natural gas pipelines, nuclear, solar, and wind power generation, TC Energy generated a total revenue of C$15.2 billion in 2025, allowing it to maintain stable cash flow without reliance on a single energy source, which is crucial in the current market environment.
  • Stable Dividend Yield: The company has increased its dividend payout for 26 consecutive years, currently yielding 3.9%, providing a relatively safe income source for investors seeking low-risk nuclear energy investments, while also reflecting the company's strong financial health.
  • Debt Level Concerns: Despite TC Energy's long-term debt of C$46.7 billion, investors should monitor this level to ensure it does not impact the company's financial stability and future growth potential, particularly in the context of expanding nuclear projects.
seekingalpha
8.0
05-01seekingalpha
TC Energy Corporation Declares Quarterly Dividend
  • Quarterly Dividend Announcement: TC Energy Corporation declares a quarterly dividend of C$0.8775 per share, consistent with previous distributions, indicating stable cash flow and profitability, which boosts investor confidence.
  • Dividend Payment Timeline: The dividend will be payable on July 31, with a record date of June 30 and an ex-dividend date also on June 30, ensuring shareholders receive timely returns and reinforcing the relationship between the company and its investors.
  • Investor Interest: The dividend performance reflects TC Energy's strong position in the natural gas sector, attracting income-seeking investors and potentially enhancing its market appeal.
  • Future Outlook: As the company continues to focus on growth opportunities in the natural gas market, its stable dividend policy may provide funding for future investments and expansions, strengthening its competitive position.
seekingalpha
9.5
05-01seekingalpha
TC Energy Reports Strong Q1 Earnings and Expands Columbia Gas Project
  • Earnings Performance: TC Energy reported Q1 net income of C$899M (approximately US$662M), down from C$978M year-over-year, yet comparable EBITDA rose 14% to C$3.09B, indicating robust performance in its North American operations.
  • Project Expansion: The company approved a US$1.5 billion Columbia Gas expansion project aimed at meeting strong demand for natural gas-fired power generation in the U.S., with an expected in-service date in 2030 providing up to 800M cf/day of capacity.
  • Pipeline Demand: TC Energy's Crossroads Pipeline system saw a 2.5x oversubscription during its non-binding expansion project, reflecting strong market demand for up to 1.5 Bcf/day of capacity, serving markets in Northern Indiana, Illinois, Iowa, and South Dakota.
  • Delivery Growth: In Q1, Canadian natural gas pipeline deliveries rose 3% to 29.7 Bcf/day, U.S. pipeline flows increased 5% to 32.6 Bcf/day, and deliveries to liquefied natural gas facilities jumped 12% to 3.9 Bcf/day, showcasing the company's strong growth momentum in the natural gas market.
seekingalpha
9.5
05-01seekingalpha
TC Energy Reports Strong Q1 Earnings Beat
  • Earnings Beat: TC Energy's Q1 GAAP EPS of $0.86 exceeded expectations by $0.13, indicating a robust earnings capacity that is likely to positively influence stock performance.
  • Stable Comparable Earnings: The comparable earnings for Q1 stood at $1.0 billion, up from $0.95 billion in Q1 2025, demonstrating the company's resilience and stability in revenue generation.
  • Slight Decline in Net Income: Net income attributable to common shares was $0.9 billion, or $0.86 per share, down from $1.0 billion and $0.94 per share in Q1 2025, reflecting increased competitive pressures in the market.
  • Significant EBITDA Growth: The comparable EBITDA reached $3.1 billion, an increase from $2.7 billion in Q1 2025, showcasing improvements in operational efficiency and cost control, which enhances future investment appeal.
Wall Street analysts forecast TRP stock price to rise
11 Analyst Rating
Wall Street analysts forecast TRP stock price to rise
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
53.31
Averages
60.39
High
78.00
Current: 0.000
sliders
Low
53.31
Averages
60.39
High
78.00
TD Securities
Hold
maintain
$88 -> $90
AI Analysis
2026-05-04
Reason
TD Securities
Price Target
$88 -> $90
AI Analysis
2026-05-04
maintain
Hold
Reason
TD Securities raised the firm's price target on TC Energy to C$90 from C$88 and keeps a Hold rating on the shares.
Scotiabank
NULL
to
Outperform
maintain
$93 -> $97
2026-05-04
Reason
Scotiabank
Price Target
$93 -> $97
2026-05-04
maintain
NULL
to
Outperform
Reason
Scotiabank raised the firm's price target on TC Energy to C$97 from C$93 and keeps an Outperform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TRP
Unlock Now

Valuation Metrics

The current forward P/E ratio for TC Energy Corp (TRP.N) is 23.98, compared to its 5-year average forward P/E of 15.67. For a more detailed relative valuation and DCF analysis to assess TC Energy Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
15.67
Current PE
23.98
Overvalued PE
18.51
Undervalued PE
12.83

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
11.93
Current EV/EBITDA
12.49
Overvalued EV/EBITDA
12.97
Undervalued EV/EBITDA
10.89

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
4.07
Current PS
4.24
Overvalued PS
4.63
Undervalued PS
3.51

Financials

AI Analysis
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Whales Holding TRP

S
Sourcerock Group LLC
Holding
TRP
+18.14%
3M Return
R
Royal Bank of Canada
Holding
TRP
+14.28%
3M Return
H
Healthcare of Ontario Pension Plan Trust Fund
Holding
TRP
+13.85%
3M Return
T
The Bank of Nova Scotia
Holding
TRP
+13.73%
3M Return
N
National Bank Investments Inc.
Holding
TRP
+13.62%
3M Return
T
The Toronto-Dominion Bank
Holding
TRP
+13.10%
3M Return

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Frequently Asked Questions

What is TC Energy Corp (TRP) stock price today?

The current price of TRP is 69.32 USD — it has increased 1.58

What is TC Energy Corp (TRP)'s business?

TC Energy Corporation is an energy problem-solver working to move, generate and store energy and deliver it to homes and businesses in North America. The Company operates in two core businesses, including Natural Gas Pipelines and Power and Energy Solutions. Its natural gas pipeline network transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals and other businesses across Canada, the U.S. and Mexico. The Power and Energy Solutions business consists of power generation, non-regulated natural gas storage assets, as well as lower-carbon solutions. Its Power and Energy Solutions business includes approximately 4,650 megawatts (MW) of generation powered by nuclear, natural gas, wind and solar. Its natural gas pipelines business is split into three operating segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines.

What is the price predicton of TRP Stock?

Wall Street analysts forecast TRP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRP is60.39 USD with a low forecast of 53.31 USD and a high forecast of 78.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is TC Energy Corp (TRP)'s revenue for the last quarter?

TC Energy Corp revenue for the last quarter amounts to 3.86B USD, increased 6.57

What is TC Energy Corp (TRP)'s earnings per share (EPS) for the last quarter?

TC Energy Corp. EPS for the last quarter amounts to 0.86 USD, decreased -8.51

How many employees does TC Energy Corp (TRP). have?

TC Energy Corp (TRP) has 6574 emplpoyees as of May 19 2026.

What is TC Energy Corp (TRP) market cap?

Today TRP has the market capitalization of 72.22B USD.