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TC Energy Corporation (TRP) Stock: Price, Forecast & Analyst Target

TC Energy Corporation (TRP) — MoonshotScore 46/100 (Fair band), calculated Oct 4, 2026. Price $59.07 (+0.77%), as of the Oct 2, 2026 trading session; market cap $61.5B. Expected results Nov 5, 2026.

Educational signal · not a buy or sell recommendation · How to read this

$59.07 +$0.45 (+0.77%) Market Cap $61.5B

TC Energy Corporation · TRP · NYSE · Energy · Oil & Gas Midstream

TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951.

Price as of Oct 2, 2026

Key Statistics

46 of 100

MoonshotScore v2 · TC Energy (TRP)

Fair
Business Quality Solid (67)
Financial Safety Fragile (14)
Valuation Full (40)
Growth Durability Growing (69)
Momentum Quiet (44)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Durable growth, but a fragile balance sheet. Business Quality: Solid; Financial Safety: Fragile; Valuation: Full; Growth Durability: Growing; Momentum: Quiet.

  • quarterly revenue $2.80B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 5 of 8
  • Altman Z 0.84 · Piotroski F 7

Holding back: balance-sheet strain

Helping: durable growth

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for TRP (29 recorded, newest six shown)
RecordedScoreBand
46Fair
46Fair
46Fair
46Fair
45Fair
45Fair

The score was 46 in the stored Oct 3, 2026 snapshot and remains 46 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Growth Durability -1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$59.07
Change on the day+0.77%
52-week range$49.27 – $71.47
Market capitalisation$61.5B
Price / earnings (trailing)25.32
Shares traded on the day2.13M
Beta (volatility vs the S&P 500)0.95
Dividends per share (last 12 months)$2.48
Dividend yield (last 12 months)4.21%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $50, high $71, latest $59. 4 reported quarters marked, 2 above and 1 below the recorded estimate. 1 other dated event marked. $71 $50 high $71 Nov 6, 2025 · Earnings results · reported in line with the recorded estimate · close $521Feb 13, 2026 · Earnings results · reported above the recorded estimate · close $642May 1, 2026 · Earnings results · reported below the recorded estimate · close $673Jul 30, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $674Jul 30, 2026 · Earnings results · reported above the recorded estimate · close $675 Sep 5, 2025 Oct 2, 2026 · $59 $52Sep 5, 2025$53Sep 19, 2025$55Oct 3, 2025$51Oct 17, 2025$50Oct 31, 2025$55Nov 14, 2025$55Nov 28, 2025$55Dec 12, 2025$56Dec 26, 2025$54Jan 9, 2026$56Jan 23, 2026$60Feb 6, 2026$62Feb 20, 2026$64Mar 6, 2026$63Mar 20, 2026$63Apr 2, 2026$61Apr 17, 2026$67May 1, 2026$68May 15, 2026$67May 29, 2026$69Jun 12, 2026$70Jun 26, 2026$67Jul 10, 2026$71Jul 24, 2026$63Aug 7, 2026$62Aug 21, 2026$63Sep 4, 2026$62Sep 18, 2026$59Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · in line with the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

Dated events ahead, in order, not to scaleOct 30, 2026, Dividend payment date; Nov 5, 2026, Next results due. Spacing is order only and carries no duration.Oct 2, 20261Oct 30, 20262Nov 5, 2026
  1. Dividend payment dateCompany record
  2. Next results dueProvider estimate

Management outlook

  • We expect to be able to articulate that potential in more detail hopefully by our November timeframe all the way out to, let's say, 2030, but we need to let this process where the teams provide the business cases and compete for capital inform that for us.

    Francois Poirier · Statement from

  • When you throw in the potential and our expectation of sanctioning Crossroads in the fourth quarter, which will be a sizable project on its own, plus some of the other irons we have in the fire in the U.S. and in Canada, there's a very good chance that we're going to be in that $6 billion to $8 billion of sanctioned capital for 2026, which would be a great outcome and achieve our stretch goals.

    Francois Poirier · Statement from

Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Council Score · weighted blend of 2 available disciplines

Council score for TC Energy (TRP): Split View

53/100 · B

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Moderate
Momentum Neutral
Business Quality Moderate
Financial Safety Negative
Valuation Neutral

Legends Council

6 lenses, 6 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Favorable read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Oct 4, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Weak
Margin of Safety Fairly Valued
Profit Margin Strong
Revenue Growth Moderate
Debt/Equity Negative
ROE Moderate
Gross Margin Moderate

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the TRP film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is TC Energy (TRP), and what does it report?

Short answer · as of

TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951. TC Energy Corporation (TRP) is listed on NYSE. TC Energy Corporation (TRP) is classified as Energy / Oil & Gas Midstream. SEC filing business address: 450 - 1ST Street S.W., Calgary Alberta, A0, T2P 5H1. It employs 6,574 people and is led by Francois Lionel Poirier. In Q2 FY2026 it reported revenue of $2.80B and net income of $713M. The market values it at $61.5B.

2 · Latest results

What do the latest results show for TC Energy (TRP)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $2.80B. Against analyst estimates the company has EPS beat 5 of 8 reports.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$2.80B Jul 30, 2026
Latest report · revenue estimate
$2.78B Jul 30, 2026
Latest report · revenue vs estimate
Above estimate Jul 30, 2026
Latest report · EPS vs estimate
Above estimate Jul 30, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 30, 2026$2.80B$2.78B$0.6800$0.6100
May 1, 2026$3.04B$2.89B$0.6170$0.7000
Feb 13, 2026$3.03B$2.98B$0.7000$0.6500
Nov 6, 2025$2.66B$2.94B$0.5600$0.5600

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter (converted from CAD)
PeriodRevenueNet incomeEPS
Q2 FY2026$2.80B$713M$0.68 (diluted)
Q1 FY2026$2.98B$652M$0.63 (diluted)
Q4 FY2025$2.86B$711M$0.68 (diluted)
Q3 FY2025$2.60B$447M$0.43 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for TC Energy (TRP)?

Short answer

The MoonshotScore pillars rate durable growth as strengths. What is holding it back is balance-sheet strain. The distress and quality screens read Altman Z 0.84 · Piotroski F 7. Trailing ratios: ROE 13.1% · ROA 2.9% · current ratio 0.61 · earnings yield 4.2% · free-cash-flow yield 4.7%.

Data-derived red flags

  • Financial-distress signal — its Altman Z-Score of 0.84 sits in the distress zone (elevated bankruptcy risk).
  • Rich valuation — a P/E of 25.32 runs well above the Energy sector’s ~14.90x, leaving little room for a miss.
4 · What to check next?

What should you watch next at TC Energy (TRP)?

Short answer · as of

The next earnings report is expected on Nov 5, 2026. Current published price targets run low $71.00 · high $99.00 · consensus $85.00 · median $85.00 against a quoted price of $59.07 (as of Oct 2, 2026).

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. We expect to be able to articulate that potential in more detail hopefully by our November timeframe all the way out to, let's say, 2030, but we need to let this process where the teams provide the business cases and compete for capital inform that for us.

    Francois Poirier ·

  2. When you throw in the potential and our expectation of sanctioning Crossroads in the fourth quarter, which will be a sizable project on its own, plus some of the other irons we have in the fire in the U.S. and in Canada, there's a very good chance that we're going to be in that $6 billion to $8 billion of sanctioned capital for 2026, which would be a great outcome and achieve our stretch goals.

    Francois Poirier ·

What the records here don't tell us

  • Detailed statement figures are not shown because their conversion to USD has not been verified.
  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

5 · Peer comparison

How does TC Energy compare with its peers?

Short answer

TC Energy's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Suncor Energy Inc. (SU) Named competitor$69.56 Oct 2, 2026$82.1B87 5-pillar Oct 4, 2026
Cheniere Energy Partners, L.P. (CQP) Same industry, near in market value$61.31 Oct 2, 2026$29.7B84 5-pillar Oct 4, 2026
Cheniere Energy, Inc. (LNG) Same industry, near in market value$269.95 Oct 2, 2026$56.6B76 5-pillar Oct 4, 2026
MPLX Lp (MPLX) Same industry, near in market value$56.38 Oct 2, 2026$57.2B75 5-pillar Oct 4, 2026
Targa Resources Corp. (TRGP) Same industry, near in market value$281.74 Oct 2, 2026$60.5B63 5-pillar Oct 4, 2026
Baker Hughes Company (BKR) Named competitor$56.00 Oct 2, 2026$55.6B62 5-pillar Oct 4, 2026
SLB N.V. (SLB) Named competitor$48.74 Oct 2, 2026$72.3B60 5-pillar Oct 4, 2026
Eni S.p.A. (E) Named competitor$54.73 Oct 2, 2026$79.3B60 5-pillar Oct 4, 2026
Enterprise Products Partners L.P. (EPD) Same industry, near in market value$36.18 Oct 2, 2026$78.3B60 5-pillar Oct 4, 2026
ONEOK, Inc. (OKE) Same industry, near in market value$87.88 Oct 2, 2026$55.4B59 5-pillar Oct 4, 2026
Energy Transfer LP (ET) Named competitor$20.47 Oct 2, 2026$70.4B56 5-pillar Oct 4, 2026
Kinder Morgan, Inc. (KMI) Same industry, near in market value$31.07 Oct 2, 2026$69.2B56 5-pillar Oct 4, 2026
TC Energy (TRP) — this page$59.07$61.5B46

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Energy stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$71.00 – $99.00
Consensus target
$85.00
Median target
$85.00

Consensus record · Captured .

Measured against a quoted price of $59.07 (as of Oct 2, 2026).

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
65.9% Period end Jun 30, 2026
Previous quarter · ownership
69.2% Prior to period end Jun 30, 2026
Reporting holders
735 Period end Jun 30, 2026
Previous quarter · holders
718 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Royal Bank Of Canada79,403,845
Capital Research Global Investors43,524,159
Bank Of Montreal /Can/37,261,213
Vanguard Capital Management LLC29,943,371
Fil Ltd27,885,160

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about TC Energy (TRP)?

Read these with our analysis →

TRP Energy Stock FAQ

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

What does TC Energy move through its natural-gas network?

The network carries natural gas from producing basins toward utilities, power generators, industrial facilities, connecting pipelines, export terminals and other commercial customers. Storage assets complement that transport role by holding gas for later delivery.

Sources (as of 2026-09-12): Business description

Why does Crossroads matter for TC Energy?

Management describes Crossroads as a sizable prospective project within a broader Canadian and American development slate. A sanctioning decision would clarify both the scale of planned investment and how the project ranks in the competition for capital.

Sources (as of 2026-09-12): Management outlook — dated call excerpts

What is the TRP stock price today?

The last price recorded on this page for TC Energy Corporation (TRP) is $59.07, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the TRP price target?

The analyst consensus price target for TC Energy Corporation (TRP) is $85.00 (range $71.00 to $99.00, median $85.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Does TRP pay a dividend?

Yes. TC Energy Corporation (TRP) shows a trailing 12-month dividend yield of 4.21%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources — records for every figure on this page (57 figures)

The 57 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsFrancois Poirier (Jul 30, 2026): We expect to be able to articulate that potential in more detail hopefully by our November timeframe all the way out to, let's say, 2030, but we need to let this process where the teams provide the business cases and compete for capital inform that for us. Francois Poirier (Jul 30, 2026): When you throw in the potential and our expectation of sanctioning Crossroads in the fourth quarter, which will be a sizable project on its own, plus some of the other irons we have in the fire in the U.S. and in Canada, there's a very good chance that we're going to be in that $6 billion to $8 billion of sanctioned capital for 2026, which would be a great outcome and achieve our stretch goals.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address450 - 1ST Street S.W., Calgary Alberta, A0, T2P 5H1OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "450 - 1 Street SW, Calgary, AB, T2P 5H1, CA".

FMP — 44 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$59.07FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T21:14:22.134Z.
px.changeChange on the day+0.77%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$61.5BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:02.000Z. Captured from FMP at 2026-10-04T21:14:21.172Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
earn.nextNext earnings dateNov 5, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
id.business_summaryBusiness description (FMP excerpt)TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951.FMPFinancial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation
px.change_absChange on the day, in dollars+$0.45FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$2.80BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)25.32FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day2.13MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.95FMPFinancial Modeling Prep (FMP) company profile
id.sectorSector / industry (provider taxonomy)Energy / Oil & Gas MidstreamFMPFinancial Modeling Prep (FMP) company profile — The company's SEC filings classify it under SIC 4922 — Natural Gas Transmission.
id.employeesEmployees6,574FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
id.ceoChief executiveFrancois Lionel PoirierFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
fin.q_incomeNet income, Q2 FY2026$713MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
earn.history.depth.2026-07-30.revenue_actualRevenue · reported — report date 2026-07-30$2.80BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.revenue_estimatedRevenue · estimate — report date 2026-07-30$2.78BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_actualEPS · reported — report date 2026-07-30$0.6800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_estimatedEPS · estimate — report date 2026-07-30$0.6100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-01.revenue_actualRevenue · reported — report date 2026-05-01$3.04BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-01.revenue_estimatedRevenue · estimate — report date 2026-05-01$2.89BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-01.eps_actualEPS · reported — report date 2026-05-01$0.6170Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-01.eps_estimatedEPS · estimate — report date 2026-05-01$0.7000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-13.revenue_actualRevenue · reported — report date 2026-02-13$3.03BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-13.revenue_estimatedRevenue · estimate — report date 2026-02-13$2.98BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-13.eps_actualEPS · reported — report date 2026-02-13$0.7000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-13.eps_estimatedEPS · estimate — report date 2026-02-13$0.6500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.revenue_actualRevenue · reported — report date 2025-11-06$2.66BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.revenue_estimatedRevenue · estimate — report date 2025-11-06$2.94BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.eps_actualEPS · reported — report date 2025-11-06$0.5600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.eps_estimatedEPS · estimate — report date 2025-11-06$0.5600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
earn.ptStored analyst price targetslow $71.00 · high $99.00 · consensus $85.00 · median $85.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_rangeAnalyst price target, low to high$71.00 – $99.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$85.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$85.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
own.institutions.depth.ownership_pctInstitutional ownership65.9%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership69.2%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders735FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders718FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesRoyal Bank Of Canada — shares in provider snapshot79,403,845FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesCapital Research Global Investors — shares in provider snapshot43,524,159FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesBank Of Montreal /Can/ — shares in provider snapshot37,261,213FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesVanguard Capital Management LLC — shares in provider snapshot29,943,371FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesFil Ltd — shares in provider snapshot27,885,160FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 4 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 5 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-03
fin.scoresDistress and quality screensAltman Z 0.84 · Piotroski F 7UNRECORDEDStored financial-scores observation — Captured 2026-10-03 · Expired observation
px.range5252-week range$49.27 – $71.47UNRECORDEDStored company-profile observation — Captured 2026-10-03
fin.ratiosReturn and yield ratios (trailing twelve months)ROE 13.1% · ROA 2.9% · current ratio 0.61 · earnings yield 4.2% · free-cash-flow yield 4.7%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 4 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$2.48COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months4.21%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-30.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($2.80B) with the recorded estimate ($2.78B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-30.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.6800) with the recorded estimate ($0.6100) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 3 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v246 of 100 · Fair · pillars 67 / 14 / 40 / 69 / 44OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement46 (stored snapshot Oct 3, 2026) → 46 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots
gap.statement_currencyStatement currency limitationDetailed statement figures are not shown because their conversion to USD has not been verified.OURSStock Expert AI currency-basis check

Fact-family notes

  1. Earnings-history note. Source series as of 2026-07-30. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-30.revenue_actual, earn.history.depth.2026-07-30.revenue_estimated, earn.history.depth.2026-07-30.revenue_actual.comparison, earn.history.depth.2026-07-30.eps_actual.comparison, earn.history.depth.2026-07-30.eps_actual, earn.history.depth.2026-07-30.eps_estimated, earn.history.depth.2026-05-01.revenue_actual, earn.history.depth.2026-05-01.revenue_estimated, earn.history.depth.2026-05-01.eps_actual, earn.history.depth.2026-05-01.eps_estimated, earn.history.depth.2026-02-13.revenue_actual, earn.history.depth.2026-02-13.revenue_estimated, earn.history.depth.2026-02-13.eps_actual, earn.history.depth.2026-02-13.eps_estimated, earn.history.depth.2025-11-06.revenue_actual, earn.history.depth.2025-11-06.revenue_estimated, earn.history.depth.2025-11-06.eps_actual, earn.history.depth.2025-11-06.eps_estimated.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951. Its extensive operations are strategically divided into five key business units: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexican Natural Gas Pipelines, Liquids Pipelines, and Power & Storage. The company is responsible for constructing and managing a vast natural gas pipeline network, which stretches for 93,300 kilometers. This critical infrastructure facilitates the movement of natural gas from production basins to a variety of destinations, including local utility providers, electricity generating facilities, industrial sites, interconnected pipelines, liquefied natural gas (LNG) export terminals, and other commercial clients. Additionally, TC Energy operates regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet, alongside approximately 118 billion cubic feet of non-regulated natural gas storage capacity located solely within Alberta. Furthermore, TC Energy oversees a liquids pipeline system spanning roughly 4,900 kilometers. This system efficiently transports crude oil from Alberta's supply regions to major refining centers across Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Its asset portfolio also includes ownership or interests in seven power generation facilities. These plants, situated in Alberta, Ontario, Québec, and New Brunswick, have a combined output of approximately 4,300 megawatts and are fueled by natural gas and nuclear energy sources. The organization was previously known as TransCanada Corporation until it officially rebranded to TC Energy Corporation in May 2019.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Management outlook — dated call excerpts
Captured record · 2 entries
  • Call of 2026-07-30 — Quote: We expect to be able to articulate that potential in more detail hopefully by our November timeframe all the way out to, let's say, 2030, but we need to let this process where the teams provide the business cases and compete for capital inform that for us., Speaker: Francois Poirier
  • Call of 2026-07-30 — Quote: When you throw in the potential and our expectation of sanctioning Crossroads in the fourth quarter, which will be a sizable project on its own, plus some of the other irons we have in the fire in the U.S. and in Canada, there's a very good chance that we're going to be in that $6 billion to $8 billion of sanctioned capital for 2026, which would be a great outcome and achieve our stretch goals., Speaker: Francois Poirier

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-30OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.