TC Energy Corp faces a challenging week, marked by recent developments regarding pipeline projects and sales.
This week, TC Energy Corp (TRP.TO) has experienced a decline in its stock price, closing at C$82.65, down 1.08% for the day and 3.12% for the week. The recent fluctuations can be attributed to various company news items related to their pipeline operations and strategic divestitures.
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TC Energy Corp
TRP.TO
TRP.TO
TC Energy Corp
WealthAwesomeMarket cap
$86.62B
P/E
23.7x
Div. yield
4.15%
Div. / share
$3.46
52W high
$98.71
52W low
$66.63
1W change
-3.12%
Beta
0.95
Analyst Price Targets
Based on analyst covering TRP · as of Sep 21, 2026
Wall Street analysts forecast TRP stock price to rise 19.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$99.57
+19.7% Upside
Previously C$99.52 on Sep 17, 2026
Current Price
C$83.15
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TRP's historical volatility
30-Day Vol
19.2%
Annualized
90-Day Vol
19.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$68.82
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$77.52 | C$72.54 – C$82.84 |
| 60 trading days | C$73.04 | C$66.50 – C$80.22 |
| 90 trading days | C$68.82 | C$61.35 – C$77.20 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should monitor TC Energy's ongoing projects and strategic decisions, particularly as they navigate cash flow implications from recent asset sales.
C$82.65 - Current Stock Price
The stock is currently trading 7.0% below its 50-day moving average and 5.3% below its 200-day moving average, indicating a bearish trend.
Bull case
Analysts are optimistic about TC Energy, with an average target price of C$99.57. This suggests a potential upside of over 20%. The company’s strong profit margin and consistent dividend payments make it an attractive option for investors.
Bear case
However, recent stock performance shows potential challenges for TC Energy, particularly regarding cash flow after the sale of pipelines. Investors may be cautious as the stock trades below its moving averages.
Recent Price Action
TC Energy Corp's stock closed at C$82.65, reflecting a 1D loss of 1.08%. Over the past week, the stock has declined by 3.12%, continuing a downward trend observed over the last month, where it has dropped 4.36%. Year-to-date, however, TC Energy is up 7.06%, indicating some resilience in its longer-term performance.
Company News and Catalysts
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This week, TC Energy has made headlines with several key developments. Notably, the Coastal GasLink Phase 2 project will proceed following the Final Investment Decision by LNG Canada, signaling continued investment in infrastructure. Additionally, the company announced the divestiture of the Guadalajara-Manzanillo Pipeline for $400 million, which raises questions about how these sales will impact future cash flows and reinvestment strategies.
Technical Picture
From a technical perspective, TC Energy's current trading price is significantly below its 50-day moving average of C$88.86 and its 200-day moving average of C$87.27, representing a 7.0% and 5.3% deficit, respectively. The stock has a beta of 0.95, suggesting it is slightly less volatile than the market. The 52-week range for TRP.TO has been between C$66.63 and C$98.71, with the current price sitting at approximately 50% of this range. The latest trading volume of 6,469,676 shares is notably higher than the 20-day average volume of 6,188,535 shares, indicating increased investor interest or activity.
Insider Activity
No recent insider activity has been reported for TC Energy Corp, which may indicate stability in management and ownership structure.
Price Action Summary
As of the last close, TC Energy Corp is trading at C$82.65, reflecting a 1D decline of 1.08%. Investors may want to keep an eye on future developments regarding pipeline projects and the financial implications of recent asset sales.
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