TC Energy (TRP) to Announce Quarterly Earnings on Thursday

TC Energy (NYSE:TRP) (TSE:TRP) is expected to issue its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect TC Energy to announce earnings of $0.59 per share and revenue of $2.7730 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its quarterly earnings results on Friday, May 1st. The pipeline company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.20 billion. TC Energy had a return on equity of 10.74% and a net margin of 22.22%.During the same quarter in the previous year, the firm earned $0.95 earnings per share. 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 Performance

TRP opened at $69.83 on Thursday. The company has a market cap of $72.76 billion, a PE ratio of 30.31 and a beta of 0.66. The stock has a 50-day moving average of $68.53 and a 200-day moving average of $63.79. TC Energy has a 52-week low of $46.61 and a 52-week high of $71.47. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.57 and a current ratio of 0.65.

TC Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, June 30th. TC Energy’s dividend payout ratio (DPR) is presently 107.39%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. GQG Partners LLC boosted its position in shares of TC Energy by 586.5% in the fourth quarter. GQG Partners LLC now owns 16,154,469 shares of the pipeline company’s stock valued at $890,711,000 after acquiring an additional 13,801,371 shares during the period. BROOKFIELD Corp ON bought a new position in TC Energy during the second quarter worth $78,443,000. FIL Ltd increased its position in TC Energy by 3.9% during the fourth quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock worth $1,558,669,000 after acquiring an additional 1,052,166 shares during the period. Caisse de depot et placement du Quebec raised its stake in TC Energy by 57.9% during the 4th quarter. Caisse de depot et placement du Quebec now owns 2,285,264 shares of the pipeline company’s stock valued at $126,004,000 after purchasing an additional 838,258 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in TC Energy by 105.8% during the 4th quarter. Russell Investments Group Ltd. now owns 1,599,785 shares of the pipeline company’s stock valued at $88,218,000 after purchasing an additional 822,363 shares during the last quarter. 83.13% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. BMO Capital Markets restated an “outperform” rating on shares of TC Energy in a report on Monday, May 4th. Weiss Ratings downgraded TC Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Scotiabank reissued an “outperform” rating on shares of TC Energy in a research report on Tuesday. Royal Bank Of Canada lifted their price target on shares of TC Energy from $92.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Finally, National Bank Financial upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, TC Energy has an average rating of “Moderate Buy” and an average price target of $78.50.

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.