Insider buying last 90 days
No open-market insider purchases were filed for TRP in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every TRP insider filing, plotted on the chart in Gekko.Open TRP in Gekko
NYSE: TRP
TC Energy (TRP) Stock Analysis & Forecast
Nov 4 close
$62.61−0.82 (−1.3%)
Gekko Brief
AI summaryNov 4 closeTC Energy heads into its third-quarter 2026 results call, with CEO Francois Poirier and CFO Sean O'Donnell set to address strategic priorities and provide an updated financial outlook. This follows a strong Q2 2026 report in which comparable EBITDA grew 12% year-over-year, supported by the natural gas pipeline network, Mexico operations and Power & Energy Solutions, alongside project delivery progress and new growth project sanctioning. Commentary ahead of the release notes that TC Energy lacks the combination of factors typically associated with an earnings beat this time.
Shares close at $62.61, down 1.3%, sitting between the 50-day average of $61.35 and the 200-day average of $63.88. The one-month return stands at 4%, while the three- and six-month returns are negative at -2% and -4.4%, against a one-year gain of 25.1%. The GekkoIndex reads 55.2, placing the stock in the Neutral zone. Price sits 2% below Gekko Fair Value of $63.92.
Earnings are due 5 November 2026 before the open, zero days away, placing the report inside the next 20-trading-day window. The last report beat estimates, with EPS of $0.68 against a $0.61 estimate and a 0.2% reaction, part of a run of 6 beats in 8 quarters; the average absolute reaction has been 1.7%. No insider, Congress or unusual options activity appears in the respective windows. Seasonally, the next 20 trading days have averaged -0.5% over 5 years, rising in 3 of them. The consensus target stands at $67.79, implying 8.3% upside.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
TC Energy price vs fair value
Close $62.61200-day averageGekko Fair Value $63.92
TC Energy quick facts
- Market cap
- $65.29B
- P/E ratio
- 25.1
- Forward P/E
- 22.7
- EPS, TTM
- $2.54
- Revenue, TTM
- $15.69B
- Profit margin
- 22.9%
- Dividend yield
- 5.36%
- Beta
- 0.92
- Volume
- 2.88M avg 2.08M
- 1-year return
- +25.1%
- Typical daily move
- ±1.9%
- Typical 20-day move
- ±4.8%
- 50-day average
- $61.35
- 200-day average
- $63.88
- Next earnings
- Nov 5 before open
- Shares outstanding
- 1.04B
TC Energy swing-trade checklist
TC Energy scores 0 supportive, 4 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
0 supportive4 mixed1 headwind
- Trendmixed
Averages disagree
Close $62.61 sits between the 50-day ($61.35) and 200-day ($63.88) averages, or the averages disagree.
See the chart - GekkoIndexmixed
55.2, Neutral
Reading 55.2 is in the Neutral zone.
See the GekkoIndex - Fair valuemixed
2.0% below
Price is within 5% of Gekko Fair Value (2% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports today
Reports on Nov 5, 2026, today — inside a typical 20-trading-day hold.
See earnings - Seasonalitymixed
−0.5% on average
From this point in the calendar, the next 20 trading days averaged −0.5% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
TC Energy stock chart and price history
TC Energy closed at $62.61 on Nov 4, 2026, +25.1% over the past year, inside a 52-week range of $49.27 to $71.47.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +4.0%
- 3 months
- −2.0%
- 6 months
- −4.4%
- 1 year
- +25.1%
The full TRP chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TRP in Gekko
Follow TC Energy through every session
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About TC Energy
TC Energy builds and runs energy infrastructure across North America, moving natural gas and crude oil from production areas to the places that use them. Its natural gas pipeline network reaches 93,300 kilometers, connecting supply basins to utilities, power plants, factories, other pipeline systems, LNG export terminals and commercial buyers. It is also known for its liquids pipeline system, which carries crude oil from Alberta to refining hubs in Illinois, Oklahoma, Texas and the U.S. Gulf Coast.
The company is organized into five business units covering Canadian, U.S. and Mexican natural gas pipelines, liquids pipelines, and power and storage. It holds regulated gas storage capacity of 535 billion cubic feet plus about 118 billion cubic feet of non-regulated storage in Alberta, and owns or holds interests in seven power generation plants in Alberta, Ontario, Québec and New Brunswick, producing roughly 4,300 megawatts from natural gas and nuclear sources.
TC Energy is based in Calgary, Canada, and traces its founding to 1951, having operated for years as TransCanada Corporation before adopting its current name in May 2019. Its shares are listed on the NYSE under the ticker TRP.
- Listed
- NYSE
- Sector
- Industrial services
- Industry
- Oil & gas pipelines
- Website
- tcenergy.com
TC Energy GekkoIndex: the smart money zone
TC Energy’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.2, in the Neutral zone, up 4.3 points over five sessions.
55.2Neutral
Up 4.3 points over five sessions.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 37 | +0.8% | +4.4% | ||
| Accumulation | 172 | +0.8% | +3.2% | ||
| Neutral (current zone) | 447 | +0.3% | +0.9% | ||
| Distribution | 40 | +0.2% | +3.8% | ||
| Selling | 1 | Too few readings yet | |||
Average TRP share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the TRP price, zone by zone.Track TRP in Gekko
Is TC Energy stock overvalued? Gekko Fair Value
TC Energy trades 2.0% below Gekko Fair Value of $63.92, so the shares are about fair value on Gekko’s estimate.
Gekko’s own estimate of what TC Energy shares are worth, recalculated every trading day.
$63.92
Gekko Fair Value, Nov 4, 2026
2.0% below fair value · About fair value
At the end of Aug 2026 the price was 6.2% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open TRP in Gekko
TC Energy insider and Congress trading
No open-market insider purchases were filed for TC Energy, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in TRP were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for TRP, plotted on the chart in Gekko.Open TRP in Gekko
Hedge funds and billionaires quarter ended Dec 31
0of the funds Gekko tracks hold TRP.
0added0opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko
TC Energy earnings: next date and track record
TC Energy reports on Nov 5, 2026, before the open (today), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Nov 5, 2026
Expected before the open, today
- EPS estimate
- $0.64
- Revenue estimate
- $2.79B
6 of 8reports beat the EPS estimate
±1.7%average move across the report
6 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 30, 2026 AI summary
- What they said
- TC Energy reported a strong Q2 2026 with 12% year-over-year comparable EBITDA growth driven by solid performance across its natural gas pipeline network, Mexico operations and Power & Energy Solutions (notably Bruce Power). Management highlighted project delivery success (about $2 billion placed into service H1; ~$3.5 billion expected by year-end), sanctioning ~$3 billion of growth projects year-to-date at ~12% unlevered after-tax IRR, a pending approval backlog of ~ $7 billion and an origination pipeline of over $20 billion. Key commercial developments include Crossroads precedent agreements with expected sanctioning in Q4, increased North American gas demand outlook to 51 Bcf/day by 2035 (driven by LNG and power generation), AI pilots targeting $100 million incremental EBITDA in 2026, and ongoing development work on Bruce expansion (additional $300 million funding tranche for predevelopment). Management reiterated disciplined capital allocation, a commitment to target leverage at or below 4.75x, and multiple funding levers to bridge growth funding ahead of Bruce-related cash flow inflection in the early 2030s. Overall tone was confident and execution-focused, with management emphasizing incumbency advantages, disciplined sanctioning, and adaptability to evolving customer needs.
- Guidance
- Expect to be at the upper end of 2026 comparable EBITDA outlook range; ~ $3.5 billion of assets expected to be placed into service by end of 2026; sanction Crossroads expected in Q4 2026; sanctioned ~$3 billion of growth projects year-to-date at ~12% unlevered after-tax IRR; pending approval backlog ~ $7 billion; origination pipeline > $20 billion; AI-related incremental EBITDA target of $100 million for 2026; target build multiples of 5-7x for sanctioned projects; commitment to maintain leverage at or below 4.75x; Bruce Power additional predevelopment funding of ~$300 million to cover to late-decade, with technology decision likely next year.
- Risks flagged
- Regulatory uncertainty (frameworks for NGTL open seasons, return constructs still under discussion); timing risk on project sanctioning and FIDs; early-stage nature and execution risk of AI initiatives (cannot extrapolate results linearly yet); potential capital funding/timing gap in 2029-2031 before Bruce free cash flow inflection; regional stakeholder pushback on data center developments (could affect timing); supply chain and contractor availability (management says secured for current sanctioned projects but it's a monitoring risk); typical forward-looking statement and market/commodity/regulatory risks noted in opening remarks.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 30, 2026 | $0.68 est $0.61 | $2.80B est $2.76B | +0.2% |
| May 1, 2026 | $0.99 est $0.97 | $2.04B est $2.21B | −1.3% |
| Feb 13, 2026 | $0.70 est $0.65 | $2.23B est $2.96B | +1.3% |
| Nov 6, 2025 | $0.56 est $0.56 | $2.66B est $2.94B | +3.7% |
| Jul 31, 2025 | $0.59 est $0.56 | $2.75B est $1.88B | +2.9% |
| May 1, 2025 | $0.66 est $0.70 | $2.54B est $1.81B | +1.1% |
| Feb 14, 2025 | $1.05 est $0.99 | $945.1M est $1.79B | −2.2% |
| Nov 7, 2024 | $0.74 est $0.70 | $3.01B est $2.93B | +0.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
TC Energy stock forecast and analyst price targets
Analysts’ average 12-month price target for TC Energy is $67.79, +8.3% from the last close.
$67.79consensus 12-month target, +8.3% from the last close
+0.9%average 20-day move after past Neutral readings
−0.5%average move over the next 20 trading days in the last 5 years
±1.9%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
TC Energy seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, TC Energy averaged −0.5% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +2.5% | 3 of 5 |
| Next 10 trading days | +2.6% | 4 of 5 |
| Next 15 trading days | +2.3% | 4 of 5 |
| Next 20 trading days | −0.5% | 3 of 5 |
| Next 30 trading days | −2.4% | 2 of 5 |
For scale, TRP’s typical 20-trading-day move in either direction is about 4.8%.
TC Energy market cap and key statistics
TC Energy’s market cap is $65.29B, with a P/E ratio of 25.1 and revenue of $15.69B over the last twelve months.
Valuation
- Market cap
- $65.29B
- P/E ratio
- 25.1
- Forward P/E
- 22.7
- EPS, TTM
- $2.54
- Gekko Fair Value
- $63.92
Trading
- Volume
- 2.88M
- Avg volume, 20 days
- 2.08M
- 52-week high
- $71.47
- 52-week low
- $49.27
- Shares outstanding
- 1.04B
Financials
- Revenue, TTM
- $15.69B
- Profit margin
- 22.9%
- Return on equity
- 11.8%
- Quarterly earnings growth, YoY
- +18.3%
Risk and income
- Beta
- 0.92
- Typical daily move
- ±1.9%
- Typical 20-day move
- ±4.8%
- Dividend yield
- 5.36%
TC Energy stock news this week
Coverage of TC Energy this week reads positive: 4 positive, 3 neutral and 1 negative headlines.
- TC Energy stock heads into results call with outlook updatead-hoc-news.de, Nov 4
- TC Energy Corporation $TRP Shares Bought by Hennessy Advisors Inc.MarketBeat, Nov 2
- TC Energy Corporation (TRP.TO) Seasonal returns chartYahoo Finance Australia, Nov 1
- TC Energy Corp. stock rises Friday, outperforms marketMarketWatch, Oct 30
- TC Energy Corporation (TRP.TO) Seasonal Returns Chart - Yahoo FinanceYahoo! Finance Canada, Oct 29
- TC Energy Corporation (TRP) Seasonal Returns Chart - Yahoo FinanceYahoo! Finance Canada, Oct 29
TC Energy peers
TC Energy’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| ENBEnbridge | Neutral | 0.8% above |
| WMBWilliams Companies | Accumulation | 2.1% below |
| EPDEnterprise Products Partners | Neutral | 19.9% below |
| KMIKinder Morgan | Accumulation | 17.1% below |
| ETEnergy Transfer | Neutral | 40.3% below |
| LNGCheniere Energy | Neutral | 40.5% below |
A peer links to its own page where one exists.
TC Energy stock FAQ
What is TC Energy’s market cap?
TC Energy’s market cap is $65.29B at the Nov 4, 2026 close of $62.61, with 1.04B shares outstanding. The shares trade on a P/E ratio of 25.1.
What is the TC Energy stock forecast?
The consensus analyst 12-month price target for TC Energy is $67.79, +8.3% from the last close. Gekko doesn’t publish price predictions of its own.
Is TC Energy stock overvalued or undervalued?
On Gekko’s estimate TC Energy is about fair value: the Nov 4, 2026 close of $62.61 is 2.0% below Gekko Fair Value of $63.92. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does TC Energy report earnings next?
TC Energy is expected to report on Nov 5, 2026, before the market opens (today). Analysts expect earnings of $0.64 per share on revenue of $2.79B. TC Energy beat the earnings estimate in 6 of its last 8 reports, moving 1.7% on average across the report.
What is TC Energy’s 52-week high and low?
TC Energy’s 52-week high is $71.47 and its 52-week low is $49.27; it closed at $62.61 on Nov 4, 2026, +25.1% over the past year.
Is TC Energy stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 0 of the 5 items with data read as supportive, 4 as mixed (trend, gekkoindex, fair value and seasonality) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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