TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage segments. The company builds and operates 93,400 km network 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 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,200 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
IPO Year:
Exchange: NYSE
Website: tcenergy.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/2/2025 | Neutral → Sector Outperform | CIBC | |
| 4/4/2025 | Neutral | Citigroup | |
| 1/15/2025 | Buy | TD Securities | |
| 10/25/2024 | Underweight → Overweight | Morgan Stanley | |
| 10/14/2024 | Neutral → Overweight | JP Morgan | |
| 9/30/2024 | Neutral → Buy | UBS | |
| 7/17/2024 | Equal Weight → Overweight | Barclays | |
| 2/27/2024 | Hold | Jefferies | |
| 1/18/2024 | Buy | Stifel | |
| 10/25/2023 | Equal Weight → Overweight | Wells Fargo |
CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) today announced that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) and Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares) on June 30, 2025. As a result, subject to certain conditions: (a) the holders of Series 3 Shares have the right to choose one of the following options with regard to their shares: to retain any or all of their Series 3 Shares and continue to receive a fixed rate quarterly dividend; orto convert, on a one-for-one basis, any or all of their Series
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) today announced that at its 2025 annual meeting of shareholders held earlier today, each of the following 13 nominees were elected as directors of TC Energy on a vote by ballot to serve until the next annual meeting of shareholders of TC Energy, or until their successors are elected or earlier appointed: Nominee# Votes For% Votes For# Votes Against% Votes AgainstScott Bonham677,017,61999.841,061,4920.16Cheryl F. Campbell673,225,98299.284,853,1570.72Michael R. Culbert673,422,05599.314,657,0860.69William D. Johnson665,190,54498.1012,887,8331.90Susan C. Jones673,
CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) announced that its Board of Directors (Board) has declared a quarterly dividend of $0.85 per common share for the quarter ending June 30, 2025, on the Company's outstanding common shares. The common share dividend is payable on July 31, 2025, to shareholders of record at the close of business on June 30, 2025. The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows: For the period up to but excluding June 30, 2025, payable on June 30, 2025, to shareholders of record at the close of business on June 2, 2
Expect to place approximately $8.5 billion of projects into service in 2025, tracking to roughly 15 per cent under budget Announced $2.4 billion of new natural gas and nuclear power generation growth projects CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) released its first quarter results today. François Poirier, TC Energy's President and Chief Executive Officer commented, "As natural gas and electricity are forecasted to drive the majority of growth in final energy consumption through 2035, we are pleased to announce two new growth projects that represent strategic investments in North
Brings 25+ Years of Energy Sector Experience, Including in Power Generation Will Lead Development of Country's Largest Natural Gas-Powered Data Center Campus, Poised to Bring Unprecedented Level of Economic Opportunity to Region Homer City Redevelopment LLC ("HCR") today announced it has appointed Corey Hessen as Chief Executive Officer, effective immediately. Hessen replaces William A. Wexler who will transition into the role of Chairman of the Board of HCR's parent company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250421362202/en/Corey Hessen, Chief Executive Officer of Homer City Redevelopment Hessen will be responsibl
CALGARY, Alberta, April 10, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) will release its first quarter 2025 financial results on Thursday, May 1 at 6:30 a.m. MDT / 8:30 a.m. EDT and hold its 2025 annual meeting of common shareholders on Thursday, May 8, at 10 a.m. MDT / 12 p.m. EDT. First quarter 2025 financial resultsFrançois Poirier, TC Energy President and Chief Executive Officer, Sean O'Donnell, Executive Vice-President and Chief Financial Officer, and other members of the executive leadership team will discuss the financial results and Company developments on Thursday, May 1 at 6:30 a.m. MDT / 8:30 a.m. EDT. Members of th
CALGARY, Alberta, April 09, 2025 (GLOBE NEWSWIRE) -- Media Advisory – TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) announces that François Poirier, TC Energy's President and Chief Executive Officer, will deliver a keynote address to the Canadian Club Toronto on the country's time-bound opportunity to fortify its economic sovereignty, build its economy and establish itself as a global energy leader. The theme of the sold-out event, Canada's Will to Win – Seizing a Generational Opportunity, examines how we can empower growth and mobilize the country's resource wealth to the benefit of Canada's economic independence. The country has an opportunity right now to become a l
CEOs representing Canada's energy industry released a letter to Canadian federal political leaders outlining an urgent action plan to strengthen Canadian economic sovereignty, through our energy industry.The open letter calls for a rapid, dramatic regulatory restructuring to enable investment in critical oil and natural gas infrastructure across Canada. OTTAWA, Ontario, March 19, 2025 (GLOBE NEWSWIRE) -- This morning, an open letter from 14 CEOs representing the four largest pipeline companies and 10 largest oil and natural gas companies was delivered to Canada's political party leaders. This is in answer to inquiries on how Canada can respond to escalating global energy security challeng
CALGARY, Alberta, Feb. 14, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) has today filed with Canadian securities authorities: Audited Consolidated Financial Statements for the year ended Dec. 31, 2024 with related Management's Discussion and Analysis (Annual Report); andThe Company's Annual Information Form for the year ended Dec. 31, 2024. In addition, TC Energy filed its Form 40-F for the year ended Dec. 31, 2024 with the United States Securities and Exchange Commission. Copies of the filed documents are available at sedarplus.ca, sec.gov (for the Form 40-F) and in the Investors section of the Company website at tcenergy.com
CALGARY, Alberta, Feb. 14, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) announced that its Board of Directors (Board) has declared a quarterly dividend of $0.85 per common share for the quarter ending March 31, 2025, on the Company's outstanding common shares. The common share dividend is payable on April 30, 2025, to shareholders of record at the close of business on March 31, 2025. The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows: For the period up to but excluding March 31, 2025, payable on March 31, 2025, to shareholders of record at the close of business on Feb. 28
CIBC upgraded TC Energy from Neutral to Sector Outperform
Citigroup initiated coverage of TC Energy with a rating of Neutral
TD Securities initiated coverage of TC Energy with a rating of Buy
Morgan Stanley upgraded TC Energy from Underweight to Overweight
JP Morgan upgraded TC Energy from Neutral to Overweight
UBS upgraded TC Energy from Neutral to Buy
Barclays upgraded TC Energy from Equal Weight to Overweight
Jefferies initiated coverage of TC Energy with a rating of Hold
Stifel initiated coverage of TC Energy with a rating of Buy
Wells Fargo upgraded TC Energy from Equal Weight to Overweight