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
$61.54−0.11 (−0.2%)
Close on Sep 18, 2026. Page updated Sep 19, 9:19 pm ET.
Gekko Brief
AI summaryTC Energy shares close at $61.54, down 0.2%, sitting between the 50-day average of $64.69 and the 200-day average of $62.83, reflecting a mixed trend. The GekkoIndex reads 64.9, placing the stock in the Accumulation zone. Price sits 5.9% below Gekko Fair Value of $65.39, a gap that bears watching.
Recent activity centers on institutional positioning and analyst attention rather than company-specific news. Bank of America Corp DE took a new position in TRP, while Tidal Investments LLC raised its stake by 359.3% to 57,665 shares valued at $3.82 million, and The Manufacturers Life Insurance Company increased its holding by 9%, purchasing 452,308 shares to bring its total to 5.49 million shares worth approximately $363 million. Hsbc Holdings PLC reduced its stake by 79%, selling 137,505 shares and retaining 36,513 shares valued at $2.44 million. Separately, a rating upgrade from a research firm drew renewed attention to the name, with commentary noting the company's revenue and profitability metrics alongside its elevated debt-to-equity profile.
Looking ahead, TC Energy's next earnings report is scheduled for 5 November 2026, before the open, 46 days away and outside a typical 20-trading-day holding window. The prior quarter saw EPS of $0.68 against an estimate of $0.61, with a 0.2% reaction, and the company has beaten estimates in 6 of the last 8 quarters. Consensus analyst target sits at $66.45, implying 8% upside. Seasonality over the next 20 trading days has averaged +0.9% across 5 years, rising in 2 of those years, a mixed signal worth noting alongside the current gap to fair value.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $61.54200-day averageGekko Fair Value $65.39
Key stats
- Market cap
- $64.06B
- P/E ratio
- 24.2
- Forward P/E
- 21.3
- EPS, TTM
- $2.55
- Revenue, TTM
- $15.69B
- Profit margin
- 22.9%
- Dividend yield
- 5.64%
- Beta
- 0.95
- Volume
- 2.46M avg 1.74M
- 1-year return
- +17.4%
- Typical daily move
- ±1.9%
- Typical 20-day move
- ±4.7%
- 50-day average
- $64.69
- 200-day average
- $62.83
- Next earnings
- Nov 5 before open
- Shares outstanding
- 1.04B
TC Energy swing-trade checklist
TC Energy scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed0 headwinds
- Trendmixed
Averages disagree
Close $61.54 sits between the 50-day ($64.69) and 200-day ($62.83) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
64.9, Accumulation
Reading 64.9 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
5.9% below
Price is 5.9% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 46 days
Next report Nov 5, 2026, 46 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitymixed
+0.9% on average
From this point in the calendar, the next 20 trading days averaged +0.9% over 5 years, rising in 2 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 $61.54 on Sep 18, 2026, +17.4% 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
- −1.3%
- 3 months
- −9.1%
- 6 months
- −4.1%
- 1 year
- +17.4%
The full TRP chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TRP in Gekko
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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 64.9, in the Accumulation zone, down 3.9 points over five sessions.
64.9Accumulation
Down 3.9 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 29 | +1.0% | +3.9% | ||
| Accumulation (current zone) | 155 | +0.9% | +4.4% | ||
| Neutral | 437 | +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, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. 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 5.9% below Gekko Fair Value of $65.39, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what TC Energy shares are worth, recalculated every trading day.
$65.39
Gekko Fair Value, Sep 19, 2026
5.9% Undervalued
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 (46 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Nov 5, 2026
Expected before the open, 46 days away
- EPS estimate
- $0.59
- Revenue estimate
- $2.78B
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 $66.45, +8.0% from the last close.
$66.45consensus 12-month target, +8.0% from the last close
+4.4%average 20-day move after past Accumulation readings
+0.9%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 Sep 19, TC Energy averaged +0.9% across the last 5 years, rising in 2 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.8% | 3 of 5 |
| Next 10 trading days | −1.7% | 3 of 5 |
| Next 15 trading days | −1.9% | 3 of 5 |
| Next 20 trading days | +0.9% | 2 of 5 |
| Next 30 trading days | +1.0% | 2 of 5 |
For scale, TRP’s typical 20-trading-day move in either direction is about 4.7%.
TC Energy market cap and key statistics
TC Energy’s market cap is $64.06B, with a P/E ratio of 24.2 and revenue of $15.69B over the last twelve months.
Valuation
- Market cap
- $64.06B
- P/E ratio
- 24.2
- Forward P/E
- 21.3
- EPS, TTM
- $2.55
- Gekko Fair Value
- $65.39
Trading
- Volume
- 2.46M
- Avg volume, 20 days
- 1.74M
- 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
- 0.95
- Typical daily move
- ±1.9%
- Typical 20-day move
- ±4.7%
- Dividend yield
- 5.64%
TC Energy stock news this week
Coverage of TC Energy this week reads positive: 4 positive, 0 neutral and 0 negative headlines.
- Bank of America Corp DE Takes Position in TC Energy Corporation $TRPDefense World, Sep 17
- Why Is TC Energy (TSX:TRP) Suddenly Back In The Spotlight?Kalkine Media, Sep 17
- Tidal Investments LLC Has $3.82 Million Stock Holdings in TC Energy Corporation $TRPMarketBeat, Sep 15
- TC Energy Corporation $TRP Shares Sold by Hsbc Holdings PLCMarketBeat, Sep 12
- The Manufacturers Life Insurance Company Buys 452,308 Shares of TC Energy Corporation $TRPMarketBeat, Sep 11
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 | Accumulation | 0.8% below |
| WMBWilliams Companies | Accumulation | 3.5% above |
| EPDEnterprise Products Partners | Neutral | 14.2% below |
| ETEnergy Transfer | Neutral | 36.3% below |
| KMIKinder Morgan | Neutral | 15.5% below |
| MPLXMPLX | Neutral | 24.1% 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 $64.06B at the Sep 18, 2026 close of $61.54, with 1.04B shares outstanding. The shares trade on a P/E ratio of 24.2.
What is the TC Energy stock forecast?
The consensus analyst 12-month price target for TC Energy is $66.45, +8.0% 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 undervalued: the Sep 18, 2026 close of $61.54 is 5.9% below Gekko Fair Value of $65.39. 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 (46 days away). Analysts expect earnings of $0.59 per share on revenue of $2.78B. 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 $61.54 on Sep 18, 2026, +17.4% 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, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.
How this page works
Prices and signals update after every 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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