TRP Stock Summary and Trading Ideas (TC Energy | NYSE:TRP)

TC Energy operates natural gas transmission assets across North America. Segments are determined by country of operation, but both Canadian and US operations are interconnected. Mexican operations are disconnected from the US and only have one customer, the state utility CFE. They also operate power generation assets, with the largest being the Bruce Power nuclear plant.

TC Energy trades on the NYSE stock market under the symbol TRP.

As of November 3, 2026, TRP stock price declined to $63.43 with 1,429,569 million shares trading.

TRP has a beta of -0.71, meaning it tends to be less sensitive to market movements. TRP has a correlation of 0.14 to the broad based SPY ETF.

TRP has a market cap of $66.02 billion. This is considered a Large Cap stock.

Last quarter TC Energy reported $3 billion in Revenue and $.68 earnings per share. This beat revenue expectation by $78 million and exceeded earnings estimates by $.10.

In the last 3 years, TRP traded as high as $71.47 and as low as $34.95.

The top ETF exchange traded funds that TRP belongs to (by Net Assets): MLPX, CGUS, IFRA, TPYP, FVD.

TRP has outperformed the market in the last year with a price return of +31.9% while the SPY ETF gained +11.7%. However, in the short term, TRP had mixed performance relative to the market. It has underperformed in the last 3 months, returning -5.0% vs +1.2% return in SPY. But in the last 2 weeks, TRP shares have fared better than the market returning +4.5% compared to SPY -1.6%.

TRP support price is $62.76 and resistance is $64.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TRP shares will trade within this expected range on the day.