Tc Energy (TCENF) Capital Expenditures (2009 - 2025)
Tc Energy (TCENF) posted Capital Expenditures of $965.2 million for Q4 2025, up 205.84% on a QoQ basis from -$911.9 million in Q3 2025, and up 182.22% year-on-year from $342.0 million in Q4 2024.
Tc Energy (TCENF) Capital Expenditures (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Capital Expenditures across 17 years of filings, most recently posting $965.2 million for Q4 2025.
- Capital Expenditures for Q4 2025 came in at $965.2 million, up 182.22% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.8 billion (up 60.19% YoY), and the FY2025 annual result was $3.8 billion, up 181.87% from the prior year.
- Capital Expenditures came in at $965.2 million for Q4 2025 at Tc Energy, up from -$911.9 million in the prior quarter.
- Over the last five years, Capital Expenditures for TCENF reached as high as $965.2 million in Q4 2025 and fell as low as -$1.5 billion in Q4 2022.
- Median Capital Expenditures over the past 5 years was -$1.2 billion (2022), compared with a mean of -$1.1 billion.
- Year-over-year, Capital Expenditures sank 51.65% in 2023 and surged 182.22% in 2025.
- Over 5 years, Capital Expenditures stood at -$1.3 billion in 2021, then declined by 18.73% to -$1.5 billion in 2022, then increased by 0.68% to -$1.5 billion in 2023, then climbed by 22.49% to -$1.2 billion in 2024, then surged by 182.22% to $965.2 million in 2025.
- Per Business Quant, the three latest TCENF Capital Expenditures figures stand at $965.2 million (Q4 2025), -$911.9 million (Q3 2025), and -$800.4 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.78 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 133.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 983.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.92 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 899.50 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 575.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 864.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 31.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.18 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn | -2.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.87 Mn |
| Dec 31, 2025 | -2.87 Mn |
| Sep 30, 2025 | -1.45 Mn |
| Sep 30, 2025 | -1.45 Mn |
| Jun 30, 2025 | 800.38 Mn |
| Jun 30, 2025 | 800.38 Mn |
| Mar 31, 2025 | 1.09 Bn |
| Mar 31, 2025 | 1.09 Bn |
| Dec 31, 2024 | -6.44 Mn |
| Dec 31, 2024 | -6.44 Mn |
| Sep 30, 2024 | -5.86 Mn |
| Sep 30, 2024 | -5.86 Mn |
| Jun 30, 2024 | -9.50 Mn |
| Jun 30, 2024 | -9.50 Mn |
| Mar 31, 2024 | -14.84 Mn |
| Mar 31, 2024 | -14.84 Mn |
| Dec 31, 2023 | -14.69 Mn |
| Dec 31, 2023 | -14.69 Mn |
| Sep 30, 2023 | -13.43 Mn |
| Sep 30, 2023 | -13.43 Mn |