Market Cap
$57.8B
TRP
TC ENERGY CORP
$59.07 ▲ +0.77%
Prev close $58.62Market cap$57.8B
ConsensusHold
12-mo target$66.65 (+12.8%)
▲ Bullish
Analyst conviction 6/10
29 New Institutional Positions21 Institutional Exits Traditional Energy
Snapshot
The big-picture read on TRP right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Buy (58%)
Inst. Holders
50 funds
Inst. Value
$38.7B
Inst. Activity
29 buys / 21 sells
Social Sentiment
50° Neutral
SEC Reports
3
Press Releases
1
Price chart 30d -6.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 29, 2026 other
Jul 30, 2026 SEC Coastal GasLink Phase 2 to proceed following LNG Canada Final Investment Decision
Project will enable more Canadian natural gas to meet growing global LNG demand Project will enable
TC Energy reported strong Q2 2026 results with comparable EBITDA of $2.9B (+12% YoY) and comparable EPS of $0.94 (+15% Y
6-K — Impact 6/10
TC Energy Corporation announced its Q2 2026 earnings release schedule for July 30, 2026. The filing is an administrative
PRESS-RELEASE — Impact 1/10
Jun 30, 2026 Inst.
BANK OF MONTREAL /CAN/ — TRIM
37,261,213 shares ($2.5B)
Jun 30, 2026 Inst.
May 7, 2026 Press GOLDMAN SACHS GROUP INC — ADD
21,169,476 shares ($1.4B)
TC Energy announced the election of all 13 director nominees at its 2026 annual meeting with overwhelming shareholder su
Impact 2/10
TC Energy announced a teleconference to discuss Q1 2026 financial results and its 2026 annual shareholder meeting. The f
PRESS-RELEASE — Impact 3/10
Analyst ratings buy % -14.7%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
58% rate it Buy or better · 26 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Oct 1, 2026 | Goldman Sachs | UPGRADE | Buy | 54% |
| Sep 11, 2026 | RBC Capital | REITERATE | Outperform | 55% |
| Jul 31, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
| May 4, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
| Apr 20, 2026 | Goldman Sachs | UPGRADE | Neutral | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 3 | 12 | 10 | 1 | 0 | 58% | |
| Aug 1, 2026 | 3 | 12 | 10 | 1 | 0 | 58% | |
| Jul 1, 2026 | 3 | 12 | 10 | 1 | 0 | 58% | |
| Jun 1, 2026 | 3 | 13 | 8 | 1 | 0 | 64% | |
| May 1, 2026 | 3 | 13 | 8 | 1 | 0 | 64% | |
| Apr 1, 2026 | 3 | 12 | 8 | 2 | 0 | 60% | |
| Mar 1, 2026 | 3 | 12 | 8 | 2 | 0 | 60% | |
| Feb 1, 2026 | 3 | 14 | 6 | 2 | 0 | 68% |
Price targets
Where 3 covering analysts think TRP trades over the next 12 months.
$66.65 +12.8% upside Buy
Current$59.07 Low$57.66 Median$70.73 High$71.56 3 analysts
$57.66$71.56
Analyst rating Buy· 1.9/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
50°
Neutral
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
3 SEC filing reports analyzed · 1 bullish, 0 bearish, 0 mixed, 2 neutral · avg impact 3.3/10.Plus 1 press releases.
BULLISH6-K6/10
TC Energy reported strong Q2 2026 results with comparable EBITDA of $2.9B (+12% YoY) and comparable
Jul 30, 2026
NEUTRALPRESS-RELEASE1/10
TC Energy Corporation announced its Q2 2026 earnings release schedule for July 30, 2026. The filing
Jul 9, 2026
NEUTRALPRESS-RELEASE3/10
TC Energy announced a teleconference to discuss Q1 2026 financial results and its 2026 annual shareh
Apr 10, 2026
NEUTRAL2/10
TC Energy announced the election of all 13 director nominees at its 2026 annual meeting with overwhe
May 7, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 29, 2026
other
Coastal GasLink Phase 2 to proceed following LNG Canada Final Investment Decision
Project will enable more Canadian natural gas to meet growing global LNG demand Project will enable more Canadian natural gas to meet growing global L
Sep 29, 2026
short_volume
Short Volume: TRP — 61.7% short (0.6M / 0.9M)
Short: 563,690 | Exempt: 528 | TRF Vol: 914,256 | Short Ratio: 61.7% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: TRP — 97.2% short (8.3M / 8.6M)
Short: 8,349,036 | Exempt: 539 | TRF Vol: 8,587,896 | Short Ratio: 97.2% | Off-exchange volume (dark pool + OTC)
Sep 23, 2026
short_volume
Short Volume: TRP — 69.6% short (0.7M / 1.0M)
Short: 724,737 | Exempt: 120 | TRF Vol: 1,041,046 | Short Ratio: 69.6% | Off-exchange volume (dark pool + OTC)
Sep 21, 2026
contract
TC Energy announces sale of Guadalajara-Manzanillo Pipeline
Generates cash proceeds of approximately $560 million (US$400 million) High-grading portfolio to redeploy proceeds towards accretive growth opportunit
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.84 | $0.74–$0.92 | 9.1% | +0.4% | 2↑ 3↓ | $3.9B | 16 |
| Next Q | $0.98 | $0.89–$1.07 | 0.0% | +0.9% | 3↑ 8↓ | $4.2B | 15 |
| Current FY | $3.74 | $3.64–$3.89 | 6.6% | +0.2% | 8↑ 1↓ | $16.0B | 19 |
| Next FY | $3.92 | $3.47–$4.23 | 4.8% | +0.1% | 5↑ 4↓ | $16.9B | 20 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.840 | — |
| 7d ago | $0.839 | +0.001 |
| 30d ago | $0.836 | +0.004 |
| 60d ago | $0.833 | +0.007 |
| 90d ago | $0.830 | +0.010 |
Institutional ownership
Which big funds own TRP (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $38.7B total value (578,672,147 shares) as of 2026-Q2. Top holders: ROYAL, Capital, BANK. Net buying activity: 29 institutions added/increased vs 21 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| ROYAL BANK OF CANADA | 79,403,845 | $5.3B | 13.6% | — |
| Capital Research Global Investors | 43,524,159 | $2.9B | 7.5% | — |
| BANK OF MONTREAL /CAN/ | 37,261,213 | $2.5B | 6.4% | TRIM -31.4% |
| VANGUARD CAPITAL MANAGEMENT LLC | 29,943,371 | $2.0B | 5.1% | — |
| FIL Ltd | 27,885,160 | $1.8B | 4.8% | — |
| GOLDMAN SACHS GROUP INC | 21,169,476 | $1.4B | 3.6% | ADD +31.7% |
| 1832 Asset Management L.P. | 20,499,907 | $1.4B | 3.5% | — |
| CANADA PENSION PLAN INVESTMENT BOARD | 17,356,583 | $1.1B | 3.0% | — |
| MACKENZIE FINANCIAL CORP | 12,194,884 | $1.1B | 3.0% | — |
| GQG Partners LLC | 16,736,302 | $1.1B | 2.9% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| BANK OF MONTREAL /CAN/ | TRIM | 54,319,175 | 37,261,213 | -31.4% | $2.5B |
| GOLDMAN SACHS GROUP INC | ADD | 16,074,897 | 21,169,476 | +31.7% | $1.4B |
| TD ASSET MANAGEMENT INC | TRIM | 21,682,113 | 16,134,910 | -25.6% | $1.1B |
| NORGES BANK | NEW | — | 10,444,457 | — | $691.0M |
| MORGAN STANLEY | TRIM | 8,626,094 | 6,467,261 | -25.0% | $428.7M |
| TORONTO DOMINION BANK | TRIM | 13,608,378 | 5,470,863 | -59.8% | $362.0M |
| DODGE & COX | TRIM | 8,892,400 | 5,034,800 | -43.4% | $333.8M |
| BANK OF NOVA SCOTIA | TRIM | 8,380,992 | 4,512,114 | -46.2% | $298.8M |
| ONTARIO TEACHERS PENSION PLAN BOARD | NEW | — | 4,140,461 | — | $273.9M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | ADD | 2,888,715 | 3,614,540 | +25.1% | $239.1M |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for TRP.
Shares short
34,606,418
Settlement Sep 15, 2026
Change vs prior
+37.8%
Semi-monthly cycle
Days to cover
13.6
At avg daily volume
Of shares outstanding
≈3.5%
Estimate — not % of float
All TRP filing & press-release reports (4)
- 6-K reportJul 30, 2026
- PRESS-RELEASE reportJul 9, 2026
- PRESS-RELEASE reportMay 7, 2026
- PRESS-RELEASE reportApr 10, 2026