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TRP

TC Energy Corp.

NYSE · Energy · Oil & Gas Midstream · CA

Also listed · TRP.CA →
$61.54
−0.18%
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  • Research · Sep 3, 2026

    [TRP] TC Energy Thesis 2026: Coastal GasLink Completes, Canadian Gas Network Reaches Scale

    TC Energy FY25 (Dec 31, 2025; CAD) at C$15.19B revenue (+10%). NI C$3.52B; EPS C$3.27 (down on FY24 South Bow spin-distribution gain base). EBITDA C$9.48B. First full year as pure-play natural gas + power post-October 2024 South Bow spin-off. Coastal GasLink reached commercial operation. 25th consecutive annual dividend increase. Capex moderating to C$5.27B.