TC Energy (TRP) Projected to Post Earnings on Thursday

TC Energy (NYSE:TRPGet Free Report) (TSE:TRP) is anticipated to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $0.59 per share and revenue of $2.7693 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

TC Energy (NYSE:TRPGet Free Report) (TSE:TRP) last posted its quarterly earnings results on Friday, May 1st. The pipeline company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. TC Energy had a net margin of 22.22% and a return on equity of 10.74%. The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.20 billion. During the same quarter last year, the business posted $0.95 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 Stock Down 1.0%

Shares of TRP opened at $67.67 on Wednesday. The firm has a 50 day simple moving average of $68.56 and a two-hundred day simple moving average of $64.19. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.65 and a quick ratio of 0.57. TC Energy has a one year low of $46.61 and a one year high of $71.47. The company has a market cap of $70.51 billion, a P/E ratio of 29.37 and a beta of 0.66.

Institutional Trading of TC Energy

A number of institutional investors and hedge funds have recently bought and sold shares of TRP. SWAN Capital LLC acquired a new position in TC Energy during the 3rd quarter worth about $40,000. Larson Financial Group LLC grew its position in shares of TC Energy by 65.3% in the 3rd quarter. Larson Financial Group LLC now owns 805 shares of the pipeline company’s stock valued at $44,000 after buying an additional 318 shares during the last quarter. Colonial Trust Co SC grew its position in shares of TC Energy by 297.6% in the 4th quarter. Colonial Trust Co SC now owns 1,332 shares of the pipeline company’s stock valued at $73,000 after buying an additional 997 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of TC Energy by 126.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,816 shares of the pipeline company’s stock valued at $102,000 after buying an additional 1,013 shares during the period. Finally, Allworth Financial LP increased its stake in shares of TC Energy by 16.4% in the third quarter. Allworth Financial LP now owns 2,151 shares of the pipeline company’s stock valued at $117,000 after buying an additional 303 shares during the period. 83.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on TRP shares. BMO Capital Markets reissued an “outperform” rating on shares of TC Energy in a report on Monday, May 4th. Morgan Stanley downgraded TC Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, June 10th. Barclays restated an “overweight” rating on shares of TC Energy in a research note on Thursday, July 16th. National Bank Financial upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. Finally, Weiss Ratings downgraded shares of TC Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $78.50.

Check Out Our Latest Stock Analysis on TRP

About TC Energy

(Get Free Report)

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.

See Also

Earnings History for TC Energy (NYSE:TRP)

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