TC Energy (TRP) Expected to Release Quarterly Earnings on Thursday

TC Energy (NYSE:TRP) (TSE:TRP) is expected to be announcing 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 $2.7682 billion for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning overview page 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 issued its earnings results on Friday, May 1st. The pipeline company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. TC Energy had a return on equity of 10.74% and a net margin of 22.22%.The company had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.20 billion. During the same period in the prior year, the business earned $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 3.3%

Shares of TRP opened at $68.29 on Tuesday. TC Energy has a 52-week low of $46.61 and a 52-week high of $71.47. The company has a market capitalization of $71.15 billion, a PE ratio of 29.64 and a beta of 0.66. The stock has a fifty day simple moving average of $68.59 and a two-hundred day simple moving average of $64.09. The company has a quick ratio of 0.57, a current ratio of 0.65 and a debt-to-equity ratio of 1.67.

TC Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.8775 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.51 annualized dividend and a dividend yield of 5.1%. TC Energy’s payout ratio is presently 107.39%.

Institutional Trading of TC Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. GQG Partners LLC lifted its position in 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 buying an additional 13,801,371 shares during the last quarter. BROOKFIELD Corp ON purchased a new position in TC Energy during the second quarter worth about $78,443,000. FIL Ltd increased its position in shares of TC Energy by 3.9% during the fourth quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock valued at $1,558,669,000 after acquiring an additional 1,052,166 shares during the last quarter. Caisse de depot et placement du Quebec increased its position in shares of TC Energy by 57.9% during the fourth 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 acquiring an additional 838,258 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of TC Energy by 105.8% in 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 acquiring an additional 822,363 shares during the period. 83.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group upgraded shares of TC Energy from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $53.00 to $62.00 in a research report on Monday, April 20th. Royal Bank Of Canada boosted their target price on shares of TC Energy from $92.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, May 4th. TD Securities reissued a “hold” rating on shares of TC Energy in a research note on Thursday, July 16th. BMO Capital Markets reissued an “outperform” rating on shares of TC Energy in a research note on Monday, May 4th. Finally, Weiss Ratings downgraded shares of TC Energy from a “buy (b+)” rating to a “buy (b)” rating in a report 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $78.50.

About TC Energy

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.