TRS Stock Chart & Stats
€61.19
€0.25(0.41%)
At close: 4:00 PM EDT
€61.19
€0.25(0.41%)
Day’s Range― - ―
52-Week Range€43.12 - €61.36
Previous CloseN/A
Volume0.00
Average Volume (3M)16.00
Market Cap
€54.00B
Enterprise Value€171.50K
Total Cash (Recent Filing)€2.07B
Total Debt (Recent Filing)€63.74B
Price to Earnings (P/E)25.8
Beta-0.08
Next Earnings
Nov 11, 2026EPS Estimate
0.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.33
Shares Outstanding1,000,000,000
10 Day Avg. Volume6
30 Day Avg. Volume16
Financial Highlights & Ratios
PEG Ratio-0.88
Price to Book (P/B)2.88
Price to Sales (P/S)5.17
P/FCF Ratio37.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€63.52Price Target Upside3.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)2.31
Revenue Forecast (FY)€9.88B
Bulls Say, Bears Say
Bulls Say
Contracted And Regulated Infrastructure ModelTC Energy’s fee-based pipeline and storage model reduces direct exposure to commodity prices. Long-term capacity agreements and regulated returns can support recurring cash generation and earnings visibility across market cycles.
Strong Profitability And Improved Free Cash FlowHigh gross margins and a healthy net margin demonstrate the earnings power of TC Energy’s large infrastructure base. The sharp recovery in free cash flow also improves internal funding capacity for investment and debt management.
Visible Growth Pipeline Supported By Rising Gas DemandA growing project backlog and structural demand from power generation, LNG and industrial users provide avenues for long-term expansion. Management has also sanctioned roughly $3B of projects and expects continued EBITDA growth through 2028.
Bears Say
Elevated Leverage Limits Financial FlexibilityThe debt burden is a structural constraint for a capital-intensive infrastructure owner. Higher leverage can restrict flexibility during expansion, increase refinancing sensitivity and require disciplined capital allocation if financing conditions remain demanding.
Volatile Earnings And Moderate Cash ConversionAlthough recent cash generation improved, conversion from earnings remains moderate and historical profitability has fluctuated materially. Working-capital movements, capital intensity and non-recurring items may therefore reduce the consistency of distributable cash.
Backlog Timing, Funding And Regulatory UncertaintyLarge future projects may not translate into earnings or cash flow on a predictable schedule because final investment decisions remain dynamic. The expected late-decade capital ramp could also require external funding, while Canadian regulation may pressure returns.
TC Energy News
TRS FAQ
What was TC Energy’s price range in the past 12 months?
TC Energy lowest stock price was €43.12 and its highest was €61.36 in the past 12 months.
What is TC Energy’s market cap?
TC Energy’s market cap is €54.00B.
When is TC Energy’s upcoming earnings report date?
TC Energy’s upcoming earnings report date is Nov 11, 2026 which is in 75 days.
How were TC Energy’s earnings last quarter?
TC Energy released its earnings results on Jul 30, 2026. The company reported €0.584 earnings per share for the quarter, beating the consensus estimate of €0.525 by €0.059.
Is TC Energy overvalued?
According to Wall Street analysts TC Energy’s price is currently Undervalued.
Does TC Energy pay dividends?
TC Energy does not currently pay dividends.
What is TC Energy’s EPS estimate?
TC Energy’s EPS estimate is 0.52.
How many shares outstanding does TC Energy have?
TC Energy has 1,000,000,000 shares outstanding.
What happened to TC Energy’s price movement after its last earnings report?
TC Energy reported an EPS of €0.584 in its last earnings report, beating expectations of €0.525. Following the earnings report the stock price went down -2.175%.
Which hedge fund is a major shareholder of TC Energy?
Currently, no hedge funds are holding shares in DE:TRS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
TC Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€63.52 (3.80% Upside)
€63.52 (3.80% Upside)
Blogger Sentiment
Bullish
DE:TRS Sentiment 63%
Sector Average 53%
Sector Average 53%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.82%
12-Months-Change
Fundamentals
Return on Equity
4.20%
Trailing 12-Months
Asset Growth
2.01%
Trailing 12-Months
Company Description
TC Energy
TC Energy Corporation functions as a leading energy infrastructure enterprise across North America. Its comprehensive operations are organized into five primary divisions: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage. The company boasts an extensive 93,300 km natural gas pipeline network designed to move natural gas from its source basins to various destinations such as local distribution companies, electricity generation plants, industrial complexes, inter-pipeline connections, and LNG export terminals. This infrastructure is supported by regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet, alongside 118 billion cubic feet of non-regulated natural gas storage capacity situated in Alberta. In addition to gas, TC Energy manages a significant 4,900 km liquids pipeline system. This system is vital for transporting crude oil originating from Alberta to key refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Furthermore, the company either owns or holds interests in seven power generation facilities. These plants collectively provide approximately 4,300 megawatts of power, utilizing both natural gas and nuclear fuel sources, and are located in Alberta, Ontario, Québec, and New Brunswick. Originally incorporated in 1951, the company was known as TransCanada Corporation until it adopted the name TC Energy Corporation in May 2019. Its corporate headquarters are located in Calgary, Canada.
TRS Company Deck
TRS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational execution, solid 2Q financial results (12% comparable EBITDA growth), active project sanctioning (~$3B YTD) and a materially expanded origination pipeline (> $20B) supported by rising gas demand forecasts (51 Bcf/day by 2035). Key strengths include Bruce Power outperformance, upward guidance confidence, sustainability progress and secured equipment/contractor strategies. Principal risks highlighted were timing and funding of a large late‑decade investment ramp, dynamic FID timing for the origination backlog, and the need to finalize regulatory/return frameworks in Canada. On balance, the positive operational and commercial momentum significantly outweighs the risks, which management is actively addressing.View all DE:TRS earnings summariesTRS Stock 12 Month Forecast
Average Price Target
€63.52
▲(3.80% Upside)