TC Energy Corp (TRP)

TC Energy Corp is a common stock listing on the NYSE for an energy infrastructure company with operations in Canada, the United States, and Mexico. Through its Canadian, U.S., and Mexico natural gas pipeline segments, along with its Power and Energy Solutions segment, the company owns and operates an extensive pipeline network and related infrastructure. Its assets include regulated natural gas storage with significant working gas capacity, as well as power generation interests and non-regulated storage facilities in several Canadian provinces. The company was founded in 1951, is based in Calgary, and previously operated under the name TransCanada Corporation before adopting its current name in 2019.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-TRP
$50.75
-17.5% Downside
Fair
$66.38
7.9% Upside
Fair
Good
September 29, 2026
October 30, 2026
4.1%
November 11, 2026
24.5x
3.5x
5.7x
64.054 B
106.8 B
38.6%
99.8%
3.7
102.4%
111.0%
Valuation • Fair Value

TC Energy Corp (NYSE-TRP) Fair Value by Valuation Model

Review the available estimates for TC Energy Corp (NYSE-TRP), including DCF Fair Value, Ben Graham Formula Value, DDM Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$50.75

Estimated downside of 17.5% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$48.42

Discounted cash flow valuation reference.

Ben Graham Formula Value

$27.86

Classic Ben Graham valuation formula reference.

DDM Fair Value

$48.80

Dividend discount model valuation reference.

Comps Fair Value

$53.72

Comparable-company valuation reference.

Analyst Price Target

$66.38

Analysts imply upside of 7.9%.

How to read these valuation models

Use the 7 available valuation references for TC Energy Corp (NYSE-TRP) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for TC Energy Corp (NYSE-TRP)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

11.063 B

Current operating scale indicator.

Revenue Forecast

11.433 B

Forward revenue estimate.

EBITDA

7.01 B

Current operating profitability reference.

EBITDA Forecast

8.475 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review TC Energy Corp (NYSE-TRP) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for TC Energy Corp (NYSE-TRP)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Good

Positive financial-health read.

Piotroski Score

6

Mid-range quality score.

Beneish M-Score

-2.66

No elevated caution signal from this screen.

Altman Z-Score

3.7

Relatively strong balance-sheet zone.

FCF / Net Income

111.0%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for TC Energy Corp (NYSE-TRP). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for TC Energy Corp (NYSE-TRP)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

November 11, 2026

Days to Earnings

54

Dividend Payment Date

October 30, 2026

Ex-Dividend Date

September 29, 2026

Dividend Yield

4.1%

Current income yield reference.

Payout Ratio

102.4%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for TC Energy Corp (NYSE-TRP), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

TC Energy Corp (NYSE-TRP) Stock Forecast & Technical Outlook

Review TC Energy Corp (NYSE-TRP) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Neutral

The 15-minute technical read for TC Energy Corp (NYSE-TRP) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Neutral

The 1-hour technical read for TC Energy Corp (NYSE-TRP) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for TC Energy Corp (NYSE-TRP) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Sell

The weekly technical read for TC Energy Corp (NYSE-TRP) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for TC Energy Corp (NYSE-TRP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for TC Energy Corp (NYSE-TRP)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Buy

Based on the available recommendation mix, TC Energy Corp (NYSE-TRP) has a Buy consensus, with 10 buy, 7 hold and 0 sell recommendations in the current data set.

Buy 10
Hold 7
Sell 0
FAQ Fast Investor Answers

TC Energy Corp (NYSE-TRP) Stock FAQ

Data-supported answers about TC Energy Corp (NYSE-TRP), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$50.75
Estimated downside 17.5%
Valuation Rating
Overvalued
Estimated downside of 17.5%
Analyst Target
$66.38
Implied upside 7.9%
Financial Health
Good
Current financial-health read

The current fair value estimate for TC Energy Corp (NYSE-TRP) is $50.75. This implies an estimated downside of 17.5% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 17.5% versus the current market price.

The available analyst price target for TC Energy Corp (NYSE-TRP) is $66.38. The analyst target implies estimated upside of 7.9%.

The current financial health read for TC Energy Corp (NYSE-TRP) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for TC Energy Corp (NYSE-TRP) is November 11, 2026.

Based on the current data, dividend yield is 4.1%, ex-dividend date is September 29, 2026, payment date is October 30, 2026.

The current P/E ratio listed for TC Energy Corp (NYSE-TRP) is 24.5x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for TC Energy Corp is 64.054 B.

The current enterprise value listed for TC Energy Corp is 106.8 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for TC Energy Corp is NYSE-TRP, and the stock is listed on NYSE.

TC Energy Corp (NYSE-TRP) is listed on NYSE.

The current debt-to-total-capital ratio listed for TC Energy Corp is 38.6%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for TC Energy Corp is 99.8%. Free float helps investors understand how much of the share base is available for public trading.