TRP

TC Energy Corporation
NYSEUSDEQUITY Energy DELAYED
Last price
60.23
▲ 0.75 (1.26%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
59.48
Prev close
59.48
Day high
60.31
Day low
59.21
Volume
1.92M
Market cap
$62.75B
P/E (TTM)
23.44
52W range
49.27 – 71.47

Day trading desk

Current session · delayed
Gap from prior close
+0.00%
Prior close 59.48
VWAP
60.08
+0.25% from price
Relative volume
1.48×
Normal
Session range
1.87%
59.21 – 60.31
Position in range
93%
Near session high
ATR (14D)
1.16
1.93% of price
Prior day high
59.85
PDH
Prior day low
58.85
PDL
Bid / ask spread
—
Quote not published
Session volume
3.97M
Avg 2.69M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+3.38% +1.4%
1M
-3.80% -5.0%
3M
-12.68% -17.2%
6M
-5.06% -23.2%
YTD
+9.49% -4.8%
1Y
+9.29% -7.1%
3Y
+75.04% -7.2%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on TRP open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
470.00K
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jun 24, 26
Frame Zawalykut, Yvonne
Senior Officer of Issuer
EXERCISE 1.50K $56.67K Direct
Jun 24, 26
Frame Zawalykut, Yvonne
Senior Officer of Issuer
SELL 1.50K $103.70K Direct
May 15, 26
Ebl (Trevor)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)
EXERCISE 5.00K $195.54K Direct
May 15, 26
Ebl (Trevor)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)
SELL 5.00K $339.84K Direct
Mar 24, 26
De Lima, Dawn Elizabeth
Senior Officer of Issuer
EXERCISE 25.34K $990.14K Direct
Mar 24, 26
De Lima, Dawn Elizabeth
Senior Officer of Issuer
SELL 25.34K $1.63M Direct
Mar 24, 26
Romero (Gregory)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)
EXERCISE 5.24K $204.61K Direct
Mar 24, 26
Romero (Gregory)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)
SELL 5.24K $334.28K Direct
Feb 25, 26
Frame Zawalykut, Yvonne
Senior Officer of Issuer
EXERCISE 2.50K $98.31K Direct
Feb 25, 26
Frame Zawalykut, Yvonne
Senior Officer of Issuer
SELL 2.50K $158.07K Direct
Feb 24, 26
Faraca (Tina Veronica)
Senior Officer of Issuer
EXERCISE 15.59K $612.08K Direct
Feb 24, 26
Faraca (Tina Veronica)
Senior Officer of Issuer
SELL 15.59K $985.00K Direct
Feb 18, 26
Ebl (Trevor)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)
EXERCISE 4.06K $188.69K Direct
Feb 18, 26
Ebl (Trevor)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)
SELL 4.06K $250.11K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
Campbell (Cheryl Fae)
Director of Issuer 6.23K Acquisition or disposition under a purchase/ownership plan
De Lima, Dawn Elizabeth
Senior Officer of Issuer 43.83K Exercise of options
Dusevic (Oliva Anita Elizabeth)
Senior Officer of Issuer 14.51K Acquisition or disposition under a purchase/ownership plan
Faraca (Tina Veronica)
Senior Officer of Issuer 15.59K Exercise of options
Gibbon (Joshua)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 6.65K Exercise of options
Grant (Greg)
Senior Officer of Issuer 38.44K Exercise of options
Jalbert, Andrea E
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 16.43K Exercise of options
Jones (Susan C)
Director of Issuer 34.58K Acquisition or disposition in the public market
Romero (Gregory)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 6.84K Exercise of options
White (Jay J)
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 5.66K Exercise of options

Fundamentals

TTM · reported
Market cap$62.75B
Enterprise value$133.57B
Revenue (TTM)$15.69B
Gross profit$10.91B
EBITDA$9.94B
Net income$3.66B
EPS (TTM)$2.57
Free cash flow$1.25B
Total cash$2.48B
Total debt$63.85B
Book value / share—
Shares outstanding1.04B
Float998.37M
Short % of float—
Dividend yield4.14%
Beta (5Y)0.98

Valuation & profitability ratios

Account required
Trailing P/E23.44
Forward P/E21.92
PEG ratio2.97
Price / sales—
Price / book—
EV / revenue8.51
EV / EBITDA13.44
Gross margin69.53%
Operating margin44.25%
Profit margin22.91%
Return on equity11.83%
Return on assets3.67%
Debt / equity170.37
Current ratio0.61
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $15.24B$13.77B$13.27B$12.31B +10.7%
Operating revenue $15.24B$13.77B$13.27B$12.31B +10.7%
Cost of revenue $7.60B$7.17B$6.60B$6.51B +6.0%
Gross profit $7.64B$6.61B$6.67B$5.80B +15.7%
Total operating expense $881.00M$820.00M$781.00M$727.00M +7.4%
Operating income $6.76B$5.79B$5.89B$5.07B +16.9%
Net interest income -$2.75B-$2.14B-$2.12B-$1.79B -28.5%
Pre-tax income $5.44B$5.91B$3.30B$474.00M -7.8%
Tax provision $1.14B$922.00M$842.00M$322.00M +23.4%
Net income $3.52B$4.70B$2.92B$748.00M -25.1%
Net income to common $3.40B$4.59B$2.83B$641.00M -26.0%
Basic EPS 3.274.432.750.64 -26.2%
Diluted EPS 3.274.432.750.64 -26.2%
EBIT $8.29B$8.43B$5.88B$2.66B -1.6%
EBITDA $11.06B$11.22B$8.66B$5.24B -1.4%
Basic shares 1.04B1.04B1.03B995.00M +0.2%
Diluted shares 1.04B1.04B1.03B996.00M +0.2%

Options analytics

Account required
Put / call volume
0.14
Call-heavy session
Put / call open interest
0.12
Positioning, not flow
Max pain
62.50
+3.8% from spot
ATM implied vol
26.0%
Nearest strike to spot
Skew (10% OTM)
-6.7%
Calls bid over puts
Call volume
49
Contracts, this expiry
Put volume
7
Contracts, this expiry
Heaviest call OI
67.50
2.00K contracts
Heaviest put OI
62.50
176 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.850.94 +11.2%
Mar 2026 0.970.99 +2.1%
Dec 2025 0.910.98 +7.2%
Sep 2025 0.780.77 -0.7%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.84 16 $3.91B +5.7%
Next quarter 0.98 15 $4.19B +0.4%
Current year 3.74 19 $16.04B +5.2%
Next year 3.92 20 $16.86B +5.1%

Analyst targets & ownership

Account required
Mean target$66.79
High target$71.71
Low target$57.78
Implied upside10.89%
Analyst count3
ConsensusBUY
Strong buy / Buy7 / 10
Hold7
Sell / Strong sell0 / 0
Held by insiders0.05%
Held by institutions71.98%
Institutions holding1.06K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
59.07
+1.96% from price
SMA 20
60.20
+0.06% from price
SMA 50
62.34
-3.38% from price
SMA 100
65.48
-8.01% from price
SMA 200
63.13
-4.60% from price
EMA 12
59.56
+1.12% from price
EMA 26
60.58
-0.58% from price
EMA 50
62.09
-3.00% from price
RSI (14)
47.1
Neutral
MACD (12,26,9)
-1.02
Hist 0.13
ATR (14)
1.16
1.93% of price
Realised vol 30D
16.7%
Annualised
Bollinger upper
63.00
20, 2σ
Bollinger lower
57.39
20, 2σ
50 / 200 cross
Death
62.34 vs 63.13
Trend bias
Below 200
-4.60%

Options chain

Account required
Expiry
Spot 60.23
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
-0.04
Less volatile than market
Correlation to SPY
-0.03
Largely independent
Realised vol 30D
16.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-18.5%
Peak to trough
Max drawdown 5Y
-44.3%
Peak to trough
ATR 14
1.16
1.93% of price
Beta (reported)
0.98
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
34.61M
Prior 22.68M
Change vs prior
+52.6%
Shorts adding
% of float
—
—
% of shares out
3.32%
Against total outstanding
Days to cover
16.9
Crowded exit
Float
998.37M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

60 on file
DateFirm ActionFromTo
Oct 1, 26 Goldman Sachs UPGRADE Neutral Buy
Sep 11, 26 RBC Capital MAINTAINED Outperform Outperform
Jul 31, 26 RBC Capital MAINTAINED Outperform Outperform
May 4, 26 RBC Capital MAINTAINED Outperform Outperform
Apr 20, 26 Goldman Sachs UPGRADE Sell Neutral
Feb 18, 26 Goldman Sachs MAINTAINED Sell Sell
Feb 17, 26 RBC Capital MAINTAINED Outperform Outperform
Feb 17, 26 CIBC DOWNGRADE Outperformer Neutral
Nov 7, 25 RBC Capital MAINTAINED Outperform Outperform
Feb 18, 25 RBC Capital MAINTAINED Outperform Outperform
Nov 20, 24 BMO Capital MAINTAINED Market Perform Market Perform
Jan 21, 21 Credit Suisse UPGRADE Neutral Outperform

Dividends & splits

Declared · from the issuer
Forward rate$2.46 / yr
Forward yield4.14%
5-year avg yield5.49%
Payout ratio98.43%
Ex-dividend dateSep 29, 2026
Next pay dateOct 30, 2026
Last split2:1
Split dateFeb 13, 1984

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.