TC Energy (TRP) Projected to Post Earnings on Friday

TC Energy (NYSE:TRP) (TSE:TRP) is projected to post its Q4 2025 results before the market opens on Friday, February 13th. Analysts expect TC Energy to post earnings of $0.68 per share and revenue of $2.9376 billion for the quarter. Interested persons can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Friday, February 13, 2026 at 8:30 AM ET.

TC Energy (NYSE:TRP) (TSE:TRP) last released its earnings results on Thursday, November 6th. The pipeline company reported $0.56 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.56. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $2.63 billion. TC Energy had a net margin of 23.86% and a return on equity of 10.61%. During the same period in the prior year, the company posted $1.03 EPS. On average, analysts expect TC Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

TC Energy Trading Up 1.0%

TRP opened at $59.87 on Friday. The firm’s fifty day moving average is $55.34 and its two-hundred day moving average is $52.93. The firm has a market cap of $62.32 billion, a PE ratio of 25.81 and a beta of 0.73. TC Energy has a twelve month low of $43.59 and a twelve month high of $60.18. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.56 and a current ratio of 0.63.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Cibc Captl Mkts upgraded TC Energy from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. BMO Capital Markets raised TC Energy from a “market perform” rating to an “outperform” rating in a report on Friday, November 7th. Wall Street Zen cut TC Energy from a “hold” rating to a “sell” rating in a research note on Sunday, January 4th. Cibc World Mkts lowered TC Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TC Energy in a research note on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, TC Energy presently has a consensus rating of “Moderate Buy” and an average price target of $84.00.

Key Stories Impacting TC Energy

Here are the key news stories impacting TC Energy this week:

• Positive Sentiment: US Capital Advisors raised several 2026–2027 EPS forecasts (small bumps to Q1, Q3 and Q4 2026 and a lift to FY2027), which supports a slightly improved earnings trajectory and likely helped buying interest. US Capital Advisors Estimates TC Energy FY2026 Earnings
• Neutral Sentiment: The revisions are modest and mixed — US Capital Advisors also trimmed FY2025 and Q4 2025 estimates while leaving the consensus full-year at about $2.63, so the fundamental change is incremental rather than transformational for TRP’s valuation.
• Negative Sentiment: Unusually large put-option buying — roughly 16,157 puts traded (about a 1,446% increase vs. normal daily put volume) — signals notable short-term bearish bets that can increase downward pressure or volatility in the stock. Investors Buy Large Volume of Put Options on TC Energy (NYSE:TRP)

Hedge Funds Weigh In On TC Energy

A number of institutional investors have recently modified their holdings of TRP. Allworth Financial LP boosted its position in shares of TC Energy by 16.4% during the 3rd quarter. Allworth Financial LP now owns 2,151 shares of the pipeline company’s stock valued at $117,000 after acquiring an additional 303 shares during the last quarter. Greenline Partners LLC lifted its position in TC Energy by 3.4% during the third quarter. Greenline Partners LLC now owns 314,303 shares of the pipeline company’s stock valued at $17,101,000 after purchasing an additional 10,336 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake in TC Energy by 2.6% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 1,161,633 shares of the pipeline company’s stock worth $61,639,000 after buying an additional 29,908 shares in the last quarter. Wiser Advisor Group LLC bought a new position in shares of TC Energy in the 3rd quarter worth $393,000. Finally, XTX Topco Ltd raised its position in shares of TC Energy by 74.0% during the 3rd quarter. XTX Topco Ltd now owns 75,251 shares of the pipeline company’s stock valued at $4,094,000 after buying an additional 32,015 shares in the last quarter. 83.13% of the stock is owned by institutional investors and hedge funds.

TC Energy Company Profile

TC Energy (NYSE: TRP) is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.

The company’s principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation.