TC Energy Corp

TRP: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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TC Energy Earnings: Increasing Fair Value Estimate on New 2028 Guidance

Adam Baker

Nov 7, 2025

Along with third-quarter results, TC Energy provided a 2028 outlook for CAD 12.6 billion-CAD 13.1 billion in EBITDA. The wider-than-usual range is due to items out of the company's control, like regulatory actions and rate cases, as well as operational efficiencies.

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TC Energy Corp

TC Energy Earnings: Increasing Fair Value Estimate on New 2028 Guidance

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