TRPN Stock Chart & Stats
$1205.38
$0.00(0.00%)
At close: 4:00 PM EDT
$1205.38
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$884.22 - $1,205.38
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
$1.05T
Enterprise Value$171.50K
Total Cash (Recent Filing)$2.07B
Total Debt (Recent Filing)$63.74B
Price to Earnings (P/E)24.7
Beta0.35
Next Earnings
Nov 11, 2026EPS Estimate
10.67Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.33
Shares Outstanding1,000,000,000
10 Day Avg. Volume0
30 Day Avg. Volume0
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
$1,304.27Price Target Upside8.20% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)47.6
Revenue Forecast (FY)$202.26B
Bulls Say, Bears Say
Bulls Say
Recurring Contracted RevenueFee-based, regulated and contracted transportation creates recurring infrastructure revenue with less direct commodity-price exposure. This model can support earnings visibility and resilience across gas and crude cycles, provided contracted and tariff frameworks remain in place.
Strong Profitability And Cash FlowStrong margins and improved cash generation show substantial operating earnings capacity: TTM net margin is about 22%, operating cash flow about $8.6B, and free cash flow about $4.1B. That supports reinvestment and financial resilience.
LNG-linked Growth ProjectCoastal GasLink Phase 2 adds a structurally backed growth avenue after LNG Canada’s expansion FID. Nearly doubling capacity on an existing route can deepen TC Energy’s role in LNG-linked gas transportation, with construction expected from 2027 and service in the early 2030s.
Bears Say
Elevated LeverageDebt at roughly 2.2x equity in both 2025 and TTM is a persistent constraint on financial flexibility. Elevated leverage can limit internally funded growth and increase sensitivity to refinancing costs, especially as the company contemplates a larger investment program.
Uneven Free Cash Flow ConversionFree cash flow improved to about $4.1B TTM, but it was negative in 2022–2023 and equals only about 44% of TTM net income. This uneven conversion suggests capital intensity or working-capital demands can still disrupt funding capacity and earnings quality.
Backlog Timing And Funding RiskThe $20B-plus origination backlog is heavily weighted beyond 2030, while management expects a major 2029–2031 investment ramp that may require hybrids, partnerships, equity or other capital. Delayed FIDs and funding choices could defer cash generation and increase execution complexity.
TC Energy News
TRPN FAQ
What was TC Energy’s price range in the past 12 months?
TC Energy lowest stock price was $884.22 and its highest was $1205.38 in the past 12 months.
What is TC Energy’s market cap?
TC Energy’s market cap is $1.05T.
When is TC Energy’s upcoming earnings report date?
TC Energy’s upcoming earnings report date is Nov 11, 2026 which is in 41 days.
How were TC Energy’s earnings last quarter?
TC Energy released its earnings results on Jul 30, 2026. The company reported $11.941 earnings per share for the quarter, beating the consensus estimate of $10.734 by $1.207.
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 10.67.
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 $11.941 in its last earnings report, beating expectations of $10.734. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of TC Energy?
Currently, no hedge funds are holding shares in MX:TRPN
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
Strong Buy
Average Price Target:
$1,304.27 (8.20% Upside)
$1,304.27 (8.20% Upside)
Blogger Sentiment
Bullish
MX:TRPN Sentiment 70%
Sector Average 61%
Sector Average 61%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.61%
12-Months-Change
Fundamentals
Return on Equity
4.27%
Trailing 12-Months
Asset Growth
2.01%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
TRPN Company Deck
TRPN 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 MX:TRPN earnings summariesTRPN Stock 12 Month Forecast
Average Price Target
$1,304.27
▲(8.20% Upside)