Tc Energy (TCANF) Preferred Shares (2009 - 2025)

Tc Energy (TCANF) recorded quarterly Preferred Shares of $1.6 billion in Q4 2025, down 10.95% quarter-over-quarter from $1.8 billion in Q3 2025, and down 9.61% on a YoY basis from $1.8 billion in Q4 2024.

Tc Energy (TCANF) Preferred Shares (2009 - 2025) Analysis & Trends

Tc Energy's Preferred Shares history runs 17 years deep, the most recent figure standing at $1.6 billion for Q4 2025.

  • In Q4 2025, Preferred Shares fell 9.61% year-over-year to $1.6 billion; the TTM figure through Dec 2025 stood at $1.6 billion (down 9.61% YoY), while the FY2025 annual figure was $1.6 billion, down 11.41% from the prior year.
  • Preferred Shares was $1.6 billion for Q4 2025 at Tc Energy, down from $1.8 billion in the prior quarter.
  • In the past five years, Preferred Shares ranged from a high of $3.1 billion in Q1 2021 to a low of $1.6 billion in Q4 2025.
  • Historically, Preferred Shares has averaged $2.1 billion across 5 years, with a median of $1.9 billion in 2023.
  • The sharpest annual moves came in 2021 and 2022: Preferred Shares climbed 5.93% in 2021, then tumbled 33.45% in 2022.
  • A 5-year view of Preferred Shares shows it stood at $2.8 billion in 2021, then sank by 33.45% to $1.8 billion in 2022, then retreated by 0.29% to $1.8 billion in 2023, then fell by 2.54% to $1.8 billion in 2024, then decreased by 9.61% to $1.6 billion in 2025.
  • The last three Preferred Shares figures came in at $1.6 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.8 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Preferred Shares (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 4.97 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 3.39 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn -
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn -
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 1.62 Bn
10 Tc Energy - - 2.95 Bn 1.62 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.62 Bn
Sep 30, 2025 1.82 Bn
Jun 30, 2025 1.80 Bn
Mar 31, 2025 1.74 Bn
Dec 31, 2024 1.79 Bn
Sep 30, 2024 1.83 Bn
Jun 30, 2024 1.83 Bn
Mar 31, 2024 1.85 Bn
Dec 31, 2023 1.84 Bn
Sep 30, 2023 1.86 Bn
Jun 30, 2023 1.86 Bn
Mar 31, 2023 1.85 Bn
Dec 31, 2022 1.84 Bn
Sep 30, 2022 1.92 Bn
Jun 30, 2022 1.96 Bn
Mar 31, 2022 2.75 Bn
Dec 31, 2021 2.77 Bn
Sep 30, 2021 2.77 Bn
Jun 30, 2021 2.84 Bn
Mar 31, 2021 3.14 Bn