Tc Energy (TCEYF) Capital Expenditures (2009 - 2025)
Tc Energy (TCEYF) recorded quarterly Capital Expenditures of $965.2 million in Q4 2025, up 205.84% quarter-over-quarter from -$911.9 million in Q3 2025, and up 182.22% on a YoY basis from $342.0 million in Q4 2024.
Tc Energy (TCEYF) Capital Expenditures (2009 - 2025) Analysis & Trends
Tc Energy's Capital Expenditures history runs 17 years deep, the most recent figure standing at $965.2 million for Q4 2025.
- In Q4 2025, Capital Expenditures rose 182.22% year-over-year to $965.2 million; the TTM figure through Dec 2025 stood at -$233.5 million (up 94.93% YoY), while the FY2025 annual figure was -$3.8 billion, up 17.98% from the prior year.
- Capital Expenditures was $965.2 million for Q4 2025 at Tc Energy, up from -$911.9 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $965.2 million in Q4 2025 to a low of -$1.5 billion in Q4 2022.
- Historically, Capital Expenditures has averaged -$1.0 billion across 5 years, with a median of -$1.2 billion in 2022.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures slumped 51.65% in 2023, then jumped 182.22% in 2025.
- A 5-year view of Capital Expenditures shows it 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.
- The last three Capital Expenditures figures came in at $965.2 million (Q4 2025), -$911.9 million (Q3 2025), and $800.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.78 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 983.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 133.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.92 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 575.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 899.50 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 864.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 965.20 Mn |
| 10 | Tc Energy | - | - | 2.95 Bn | 965.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 965.20 Mn |
| Dec 31, 2025 | 965.20 Mn |
| Sep 30, 2025 | -911.93 Mn |
| Sep 30, 2025 | -911.93 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 | -1.17 Bn |
| Dec 31, 2024 | -1.17 Bn |
| Sep 30, 2024 | -1.29 Bn |
| Sep 30, 2024 | -1.29 Bn |
| Jun 30, 2024 | -974.61 Mn |
| Jun 30, 2024 | -974.61 Mn |
| Mar 31, 2024 | -1.17 Bn |
| Mar 31, 2024 | -1.17 Bn |
| Dec 31, 2023 | -1.51 Bn |
| Dec 31, 2023 | -1.51 Bn |
| Sep 30, 2023 | -1.52 Bn |
| Sep 30, 2023 | -1.52 Bn |