Nama Insights

TC Energy (TRP)

Energy · Oil Gas Midstream · NYSE

TC Energy (TRP) is a Energy company in the Oil Gas Midstream industry. It has a market capitalization of $64.51B, a trailing price-to-earnings ratio of 22.7 and a free-cash-flow yield of 2.3%. Over the most recent reported fiscal year, revenue grew 10.7% and free cash flow per share grew 53.7%. Nama's AI scorecard rates it Hold, 5.0 out of 10. On 12-month momentum it ranks in the rising band of its market.
AI scorecard
Hold · 5.0/10
The sections balance. As of Nov 7, 2026.
Momentum
Rising · +16.8% over 12 months ex. last
Second-best fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-13.4%
How far the last close sits under the highest price of the past five years.
Market cap$64.51B
Trailing P/E22.7
Price / book3.2
Price / sales5.7
FCF yield2.3%
Dividend yield4.0%
Gross margin50.5%
Operating margin45.0%
Net margin22.9%
Revenue growth (YoY)+10.7%
Revenue growth (3-yr annual)+7.4%
EPS growth (YoY)-17.4%
FCF/share growth (YoY)+53.7%
Beta1.0
ExchangeNYSE
SectorEnergy
IndustryOil Gas Midstream

TRP earnings

Next report: Feb 12, 2027 (Q4 2026, EPS estimate $0.68). Beat the EPS estimate in 4 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Nov 5, 2026 $0.67 $0.62 +6.8% $2.85B
Q2 2026 Jul 29, 2026 $0.67 $0.60 +10.6% $2.80B
Q1 2026 May 1, 2026 $0.70 $0.69 +2.1% $2.73B
Q4 2025 Feb 13, 2026 $0.69 $0.64 +7.7% $2.95B

TRP analyst price target

Median target $70.80 from 3 analysts, ranging $58.16 – $72.19.

Oil Gas Midstream peers

TickerCompanyMarket capP/E
ENB Enbridge $104.51B 22.3
WMB Williams Companies $80.11B 27.6
EPD Enterprise Products Partners $79.86B 12.2
KMI Kinder Morgan $66.74B 18.8
LNG Cheniere Energy $56.76B 15.1
TRGP Targa Resources $56.74B 22.7
MPLX MPLX $56.64B 13.4
OKE ONEOK $53.71B 13.1
Explore live TRP data on Nama Insights →

Recent Congressional trades

TC Energy trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
Ritchie John Torres House Sell $1,001 - $15,000 Aug 20, 2025
Ritchie John Torres House Buy $1,001 - $15,000 Aug 20, 2025
David P. Joyce House Sell $1,001 - $15,000 Aug 6, 2024
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Buy $1,001 - $15,000 —
David A Perdue , Jr Senate Buy $1,001 - $15,000 —
David A Perdue , Jr Senate Buy $1,001 - $15,000 —
David A Perdue , Jr Senate Buy $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —

TRP FAQ

Is TRP a buy?
Nama's AI scorecard currently rates TC Energy Hold (5.0 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is TRP's P/E ratio?
TC Energy trades at a trailing price-to-earnings ratio of 22.7.
When does TRP report earnings?
TC Energy's next scheduled report is on Feb 12, 2027. Analysts expect EPS of $0.68.
What is the TRP price target?
The median analyst price target from 3 analysts is $70.80, with a range of $58.16 – $72.19.
Is TRP Shariah compliant?
Nama's AAOIFI-style screen reads TC Energy as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does TRP pay a dividend?
Yes — TC Energy's dividend yield is 4.0%.

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