TRP

TC Energy Corporation

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Latest Quote

$61.86

-0.19 (-0.31%)
Current Price
Previous Close $62.05
Open $62.25
Day High $62.37
Day Low $61.53
Volume 1,073,665
Fetched: 2026-08-31T08:05:12
Stock Information
Note: Financial values converted from CAD to USD
Quarterly Dividend / Yield $2.50 / 4.04%
Shares Outstanding 1.04B
Quarterly Dividend Yield 4.04%
Quarterly Dividend $2.50
Total Debt $46.08B
Cash Equivalents $1.79B
Revenue $11.32B
Net Income $2.64B
Sector Energy
Industry Oil & Gas Midstream
Market Cap $65.14B
P/E Ratio 24.72
EPS (TTM) $2.53
Exchange NYQ
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Recent Price History
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About TC Energy Corporation

TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, the company owns or has interests in power generation facilities with approximately 4,650 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in Alberta, Ontario, QuÊbec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $5,468,524,853 $5,158,238,622 $4,750,762,968 $4,688,129,785
Cost Of Revenue $5,468,524,853 $5,158,238,622 $4,750,762,968 $4,688,129,785
Total Revenue $10,970,886,024 $9,914,041,042 $9,551,200,531 $8,861,515,590
Operating Revenue $10,970,886,024 $9,914,041,042 $9,551,200,531 $8,861,515,590
Expenses
Interest Expense $2,049,616,938 $1,816,362,323 $1,858,837,700 $1,571,588,962
Total Expenses $6,102,775,827 $5,748,574,375 $5,313,021,777 $5,211,512,824
Other Income Expense $1,030,207,881 $1,626,303,007 $-338,363,176 $-2,019,380,228
Net Non Operating Interest Income Expense $-1,979,064,616 $-1,539,912,409 $-1,525,513,976 $-1,289,379,675
Total Other Finance Cost $77,031,617 $113,747,621 $76,311,695 $25,917,179
Interest Expense Non Operating $2,049,616,938 $1,816,362,323 $1,858,837,700 $1,571,588,962
Operating Expense $634,250,974 $590,335,753 $562,258,809 $523,383,040
Other Operating Expenses - - - -
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $2,686,027,676 $3,097,822,860 $1,663,019,012 $82,790,990
Net Interest Income $-1,979,064,616 $-1,539,912,409 $-1,525,513,976 $-1,289,379,675
Interest Income $147,583,938 $390,197,534 $409,635,419 $308,126,466
Normalized Income $2,596,627,002 $2,671,942,274 $2,617,314,669 $2,103,590,616
Net Income From Continuing And Discontinued Operation $2,533,404,286 $3,382,191,912 $2,103,611,061 $538,501,394
Net Income Common Stockholders $2,447,733,610 $3,307,320,060 $2,036,658,348 $461,469,778
Net Income $2,533,404,286 $3,382,191,912 $2,103,611,061 $538,501,394
Net Income Including Noncontrolling Interests $2,947,359,235 $3,872,458,555 $2,208,719,622 $565,138,495
Net Income Discontinuous Operations $-152,623,390 $284,369,052 $440,592,050 $455,710,404
Net Income Continuous Operations $3,099,982,625 $3,588,089,504 $1,768,127,572 $109,428,091
Pretax Income $3,919,253,463 $4,251,857,265 $2,374,301,602 $341,242,862
Special Income Charges $0 $610,493,559 $-1,511,835,465 $-2,605,396,451
Earnings From Equity Interest $917,180,182 $1,121,637,931 $943,097,362 $719,201,728
Interest Income Non Operating $147,583,938 $390,197,534 $409,635,419 $308,126,466
Operating Income $4,868,110,197 $4,165,466,667 $4,238,178,754 $3,650,002,766
Gross Profit $5,502,361,171 $4,755,802,420 $4,800,437,562 $4,173,385,805
Per Share
Diluted EPS $2.35 $3.19 $1.98 $0.46
Basic EPS $2.35 $3.19 $1.98 $0.46
Other
Tax Effect Of Unusual Items $23,627,025 $78,784,490 $-327,164,879 $-717,782,331
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $7,849,305,750 $7,570,696,071 $7,514,542,183 $6,511,691,324
Total Unusual Items $113,027,699 $504,665,077 $-1,281,460,537 $-2,738,581,957
Total Unusual Items Excluding Goodwill $113,027,699 $504,665,077 $-1,281,460,537 $-2,738,581,957
Reconciled Depreciation $1,993,463,049 $2,007,141,560 $1,999,942,344 $1,860,277,544
EBITDA (Bullshit earnings) $7,962,333,449 $8,075,361,148 $6,233,081,646 $3,773,109,368
EBIT $5,968,870,400 $6,068,219,588 $4,233,139,302 $1,912,831,824
Diluted Average Shares $748,718,516 $747,278,673 $741,519,300 $717,041,963
Basic Average Shares $748,718,516 $747,278,673 $741,519,300 $716,322,042
Diluted NI Availto Com Stockholders $2,447,733,610 $3,307,320,060 $2,036,658,348 $461,469,778
Preferred Stock Dividends $85,670,676 $74,871,852 $66,952,713 $77,031,617
Minority Interests $-413,954,949 $-490,266,644 $-105,108,561 $-26,637,101
Tax Provision $819,270,838 $663,767,761 $606,174,029 $231,814,771
Gain On Sale Of Ppe $0 $446,351,423 $0 $0
Write Off $0 $0 $1,511,835,465 $2,194,321,189
Gain On Sale Of Security $113,027,699 $-105,828,483 $230,374,928 $-133,185,505
Other Taxes $634,250,974 $590,335,753 $562,258,809 $523,383,040
Other Special Charges - $-164,142,136 - -
Impairment Of Capital Assets - $0 $-2,879,687 $411,075,262
Fetched: 2026-08-31
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $10,279,539,202 $10,022,532,724 $12,253,521,728 $15,223,854,297
Total Assets $85,489,569,281 $85,123,856,982 $90,012,739,307 $82,319,822,723
Total Non Current Assets $80,942,642,354 $80,996,635,311 $81,825,967,138 $77,041,471,198
Other Non Current Assets $4,826,970,400 $4,424,542,891 $12,593,317,407 $3,329,565,712
Non Current Deferred Assets $256,286,572 $308,119,811 $949,556,146 $770,299,527
Non Current Deferred Taxes Assets $256,286,572 $308,119,811 $949,556,146 $770,299,527
Non Current Accounts Receivable $451,381,125 $437,702,909 $328,997,088 $255,566,666
Financial Assets $115,904,882 $87,828,544 $111,585,446 $65,511,455
Goodwill And Other Intangible Assets $9,370,297,798 $9,841,116,387 $9,021,863,245 $9,245,754,042
Current Assets $4,546,926,928 $4,127,221,671 $8,186,772,169 $5,278,351,525
Other Current Assets $208,772,769 $201,573,708 $185,735,774 $537,049,951
Hedging Assets Current $315,318,872 $249,807,417 $424,024,693 $442,022,345
Assets Held For Sale Current $141,821,502 $169,177,934 $2,215,151,070 $87,828,544
Restricted Cash $66,951,267 $92,147,981 $20,157,371 $76,310,047
Prepaid Assets $59,032,300 $61,911,925 $62,631,831 $84,948,920
Inventory $562,966,570 $537,769,857 $555,047,603 $673,832,110
Receivables $3,071,119,423 $2,238,188,065 $2,076,209,192 $2,930,017,827
Other Receivables $1,059,701,779 $358,513,238 $328,997,088 $321,078,121
Accounts Receivable $2,011,417,643 $1,879,674,827 $1,747,212,105 $2,608,939,706
Cash Cash Equivalents And Short Term Investments $120,944,225 $576,644,786 $2,647,814,636 $446,341,782
Cash And Cash Equivalents $120,944,225 $576,644,786 $2,647,814,636 $446,341,782
Non Current Note Receivables - - - $0
Loans Receivable - - - $0
Debt
Net Debt $43,215,243,277 $42,161,300,746 $42,850,970,790 $41,524,183,848
Total Debt $43,646,467,031 $43,105,817,550 $45,827,782,514 $42,243,370,042
Long Term Debt And Capital Lease Obligation $41,626,410,514 $40,656,696,998 $43,671,663,744 $36,368,936,266
Long Term Debt $41,360,045,257 $40,332,019,346 $43,383,701,304 $36,096,091,854
Current Debt And Capital Lease Obligation $2,020,056,517 $2,449,120,552 $2,156,118,770 $5,874,433,776
Current Debt $1,976,142,244 $2,405,926,186 $2,115,084,122 $5,874,433,776
Other Current Borrowings $1,112,254,924 $2,127,322,526 $2,115,084,122 $1,366,381,778
Liabilities
Total Liabilities Net Minority Interest $58,925,754,097 $57,508,258,986 $61,930,642,159 $57,759,506,215
Total Non Current Liabilities Net Minority Interest $51,756,209,247 $49,941,325,969 $53,423,511,775 $45,588,053,782
Other Non Current Liabilities $4,360,471,248 $3,953,724,301 $3,618,967,965 $3,444,750,688
Liabilities Heldfor Sale Non Current $0 $79,189,671 $921,479,808 -
Derivative Product Liabilities $107,266,009 $150,460,375 $76,310,047 $108,705,821
Non Current Deferred Liabilities $5,526,719,130 $4,955,833,592 $5,019,185,329 $5,528,878,848
Non Current Deferred Taxes Liabilities $5,526,719,130 $4,955,833,592 $5,019,185,329 $5,505,841,853
Current Liabilities $7,169,544,850 $7,566,933,017 $8,507,130,384 $12,171,452,433
Other Current Liabilities $1,041,704,127 $947,396,428 $2,674,451,162 $1,130,252,577
Current Deferred Liabilities $33,115,681 $21,597,183 $33,835,587 $44,634,178
Current Notes Payable $863,887,320 $278,603,661 $0 $4,508,051,998
Payables And Accrued Expenses $4,074,668,526 $4,148,818,854 $3,642,724,866 $4,654,192,936
Interest Payable $617,679,434 $596,082,251 $657,274,269 $480,897,275
Payables $3,456,989,092 $3,552,736,604 $2,985,450,597 $4,173,295,662
Other Payable $431,943,660 $157,659,436 - $386,589,576
Dividends Payable $648,635,396 $629,197,931 $704,788,072 $669,512,673
Total Tax Payable $27,356,432 $102,946,572 $54,712,864 -
Income Tax Payable $27,356,432 $102,946,572 $54,712,864 -
Accounts Payable $2,349,053,604 $2,662,932,664 $2,225,949,661 $3,117,193,413
Equity
Common Stock Equity $18,026,448,744 $18,064,603,767 $19,476,339,629 $22,670,562,995
Preferred Stock Equity $1,623,388,256 $1,799,045,344 $1,799,045,344 $1,799,045,344
Total Equity Gross Minority Interest $26,563,815,184 $27,615,597,996 $28,082,097,149 $24,560,316,508
Stockholders Equity $19,649,837,000 $19,863,649,111 $21,275,384,973 $24,469,608,339
Gains Losses Not Affecting Retained Earnings $537,769,857 $167,738,121 $35,275,399 $687,510,326
Other Equity Adjustments $537,769,857 $167,738,121 $35,275,399 $687,510,326
Retained Earnings $-4,265,443,642 $-3,773,027,870 $-2,157,558,582 $589,603,096
Long Term Equity Investment $8,176,693,484 $7,656,921,280 $6,651,932,364 $6,864,304,664
Preferred Securities Outside Stock Equity - - - -
Other
Preferred Shares Number $66,231,361 $72,496,558 $73,430,422 $73,430,422
Ordinary Shares Number $749,303,587 $748,051,181 $746,893,817 $732,836,753
Share Issued $749,303,587 $748,051,181 $746,893,817 $732,836,753
Tangible Book Value $8,656,150,946 $8,223,487,380 $10,454,476,384 $13,424,808,953
Invested Capital $61,362,636,246 $60,802,549,300 $64,975,125,056 $64,641,088,625
Working Capital $-2,622,617,922 $-3,439,711,346 $-320,358,214 $-6,893,100,908
Capital Lease Obligations $310,279,529 $367,872,017 $328,997,088 $272,844,412
Total Capitalization $61,009,882,257 $60,195,668,458 $64,659,086,278 $60,565,700,193
Minority Interest $6,913,978,184 $7,751,948,885 $6,806,712,176 $90,708,169
Additional Paid In Capital $0 $0 $0 $519,772,204
Capital Stock $23,377,510,785 $23,468,938,860 $23,397,668,156 $22,672,722,713
Common Stock $21,754,122,530 $21,669,893,516 $21,598,622,812 $20,873,677,370
Preferred Stock $1,623,388,256 $1,799,045,344 $1,799,045,344 $1,799,045,344
Employee Benefits $49,673,521 $67,671,173 $69,830,892 $79,909,577
Non Current Pension And Other Postretirement Benefit Plans $49,673,521 $67,671,173 $69,830,892 $79,909,577
Long Term Capital Lease Obligation $266,365,257 $324,677,651 $287,962,440 $272,844,412
Long Term Provisions $85,668,826 $77,749,859 $46,073,990 $56,872,582
Current Deferred Revenue $33,115,681 $21,597,183 $33,835,587 $44,634,178
Current Capital Lease Obligation $43,914,272 $43,194,366 $41,034,648 -
Current Accrued Expenses $617,679,434 $596,082,251 $657,274,269 $480,897,275
Defined Pension Benefit $696,149,199 $545,688,824 $372,911,360 $405,307,134
Investments And Advances $8,176,693,484 $7,656,921,280 $6,651,932,364 $6,864,304,664
Goodwill $9,370,297,798 $9,841,116,387 $9,021,863,245 $9,245,754,042
Net PPE $57,048,958,894 $57,694,714,666 $51,795,804,083 $56,105,161,997
Accumulated Depreciation $-26,601,250,301 $-25,482,516,222 $-23,857,688,154 $-24,929,628,337
Gross PPE $83,650,209,196 $83,177,230,888 $75,653,492,237 $81,034,790,334
Construction In Progress $2,919,219,236 $8,013,274,799 $5,689,417,908 $4,289,200,544
Other Properties $6,482,754,430 $2,462,798,768 $2,283,542,149 $5,458,328,050
Treasury Shares Number - - $0 -
Non Current Deferred Revenue - - $8,638,873 $23,036,995
Current Provisions - - $87,828,544 $467,938,965
Other Inventories - - $706,947,790 $673,832,110
Fetched: 2026-08-31
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $1,483,006,566 $963,234,362 $-634,237,274 $-253,406,947
Operating Activities
Operating Cash Flow $5,288,430,211 $5,540,397,346 $5,232,277,535 $4,589,401,388
Cash Flow From Continuing Operating Activities $5,288,430,211 $5,540,397,346 $5,232,277,535 $4,589,401,388
Operating Gains Losses $-807,734,644 $-1,751,531,541 $-971,873,235 $-759,500,936
Investing Activities
Capital Expenditure $-3,805,423,645 $-4,577,162,984 $-5,866,514,809 $-4,842,808,335
Investing Cash Flow $-4,649,153,594 $-4,973,831,245 $-8,845,486,251 $-5,045,821,855
Cash Flow From Continuing Investing Activities $-4,649,153,594 $-4,973,831,245 $-8,845,486,251 $-5,045,821,855
Net Other Investing Changes $-90,708,169 $321,078,121 $212,372,300 $373,631,266
Capital Expenditure Reported $-3,805,423,645 $-4,577,162,984 $-5,866,514,809 $-4,842,808,335
Financing Activities
Repurchase Of Capital Stock $-179,976,525 $0 $0 $-719,906,100
Issuance Of Capital Stock $74,870,234 $63,351,737 $2,879,624 $1,371,421,120
Financing Cash Flow $-1,091,377,648 $-2,788,916,231 $5,826,200,067 $350,594,271
Cash Flow From Continuing Financing Activities $-1,091,377,648 $-2,788,916,231 $5,826,200,067 $350,594,271
Net Other Financing Charges $-416,105,726 $-207,332,957 $3,711,115,946 $-46,073,990
Cash Dividends Paid $-2,606,779,988 $-2,917,059,517 $-2,072,609,662 $-2,374,250,318
Preferred Stock Dividend Paid $-82,069,295 $-71,270,704 $-66,231,361 $-76,310,047
Common Stock Dividend Paid $-2,524,710,693 $-2,845,788,813 $-2,006,378,301 $-2,297,940,271
Net Preferred Stock Issuance $-179,976,525 $0 $0 $-719,906,100
Net Common Stock Issuance $74,870,234 $63,351,737 $2,879,624 $1,371,421,120
Common Stock Issuance $74,870,234 $63,351,737 $2,879,624 $1,371,421,120
Dividends Received Cfi $3,599,530 $2,653,573,885 $16,557,840 $1,894,792,855
Dividend Received Cfo $1,163,368,258 $1,205,842,718 $902,762,249 $737,903,752
Other
Repayment Of Debt $-4,402,945,708 $-6,851,346,354 $-2,715,485,809 $-963,234,362
Issuance Of Debt $5,808,922,321 $6,877,982,879 $11,434,988,492 $2,531,189,848
End Cash Position $120,944,225 $576,644,786 $2,647,814,636 $446,341,782
Beginning Cash Position $576,644,786 $2,647,814,636 $446,341,782 $484,496,805
Effect Of Exchange Rate Changes $-3,599,530 $151,180,281 $-11,518,498 $67,671,173
Changes In Cash $-452,101,031 $-2,222,350,131 $2,212,991,351 $-105,826,197
Preferred Stock Payments $-179,976,525 $0 $0 $-719,906,100
Net Issuance Payments Of Debt $2,036,614,357 $272,124,506 $4,184,814,159 $2,119,403,558
Net Short Term Debt Issuance $630,637,744 $245,487,980 $-4,534,688,524 $551,448,073
Net Long Term Debt Issuance $1,405,976,613 $26,636,526 $8,719,502,683 $1,567,955,486
Long Term Debt Payments $-4,402,945,708 $-6,851,346,354 $-2,715,485,809 $-963,234,362
Long Term Debt Issuance $5,808,922,321 $6,877,982,879 $11,434,988,492 $2,531,189,848
Net Business Purchase And Sale $-756,621,311 $-3,371,320,266 $-3,207,901,582 $-2,471,437,641
Purchase Of Business $-756,621,311 $-3,371,320,266 $-3,207,901,582 $-2,471,437,641
Change In Working Capital $-362,112,768 $143,261,314 $149,020,563 $-460,019,998
Change In Other Current Assets $-114,465,070 $-69,830,892 $444,901,970 $84,948,920
Change In Payables And Accrued Expense $30,955,962 $233,969,482 $28,076,338 $5,759,249
Change In Accrued Expense $21,597,183 $-28,796,244 $176,376,994 $65,511,455
Change In Interest Payable $21,597,183 $-28,796,244 $176,376,994 $65,511,455
Change In Payable $9,358,779 $262,765,726 $-148,300,657 $-59,752,206
Change In Account Payable $9,358,779 $262,765,726 $-148,300,657 $-59,752,206
Change In Inventory $-39,594,836 $-11,518,498 $-40,314,742 $-136,782,159
Change In Receivables $-239,008,825 $-9,358,779 $-283,643,003 $-413,946,008
Changes In Account Receivables $-239,008,825 $-9,358,779 $-283,643,003 $-413,946,008
Other Non Cash Items $-108,705,821 $-535,610,138 $-267,085,163 $-214,532,018
Unrealized Gain Loss On Investment Securities $-169,177,934 $244,768,074 $-246,207,886 $97,187,324
Provisionand Write Offof Assets $59,752,206 $-15,837,934 $-59,752,206 $117,344,694
Asset Impairment Charge $20,877,277 $15,118,028 $1,508,923,186 $2,520,391,256
Deferred Tax $551,448,073 $354,913,707 $7,918,967 $125,263,661
Deferred Income Tax $551,448,073 $354,913,707 $7,918,967 $125,263,661
Depreciation Amortization Depletion $1,993,419,991 $2,007,098,207 $1,999,899,146 $1,860,237,362
Depreciation And Amortization $1,993,419,991 $2,007,098,207 $1,999,899,146 $1,860,237,362
Pension And Employee Benefit Expense $2,159,718 $7,918,967 $-12,238,404 $-20,877,277
Earnings Losses From Equity Investments $-917,160,371 $-1,157,609,009 $-991,310,700 $-758,781,029
Net Foreign Currency Exchange Gain Loss $107,266,009 $-155,499,718 $31,675,868 $20,157,371
Net Income From Continuing Operations $2,947,295,573 $3,872,374,912 $2,208,671,915 $565,126,288
Net Investment Purchase And Sale - - - -
Purchase Of Investment - - - -
Fetched: 2026-08-31