Tc Energy (TCNCF) Shares Outstanding (Diluted Average) (2009 - 2025)

Tc Energy (TCNCF) posted Shares Outstanding (Diluted Average) of $745.8 million for Q4 2025, little changed on a QoQ basis from $743.1 million in Q4 2024, and little changed year-on-year from $743.1 million in Q4 2024.

Tc Energy (TCNCF) Shares Outstanding (Diluted Average) (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Shares Outstanding (Diluted Average) across 17 years of filings, most recently posting $745.8 million for Q4 2025.

  • Shares Outstanding (Diluted Average) for Q4 2025 came in at $745.8 million, changed 0.37% year-over-year; the trailing twelve-month figure through Dec 2025 was $745.8 million (changed 0.37% YoY), and the FY2025 annual result was $744.4 million, down 1.82% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $745.8 million for Q4 2025 at Tc Energy, roughly flat from $743.1 million in the prior quarter.
  • Over the last five years, Shares Outstanding (Diluted Average) for TCNCF reached as high as $772.7 million in Q4 2021 and fell as low as $733.8 million in Q4 2022.
  • Median Shares Outstanding (Diluted Average) over the past 5 years was $745.8 million (2025), compared with a mean of $750.4 million.
  • Year-over-year, Shares Outstanding (Diluted Average) gained 7.17% in 2021 and fell 5.04% in 2022.
  • Over 5 years, Shares Outstanding (Diluted Average) stood at $772.7 million in 2021, then decreased by 5.04% to $733.8 million in 2022, then advanced by 3.11% to $756.6 million in 2023, then decreased by 1.79% to $743.1 million in 2024, then climbed by 0.37% to $745.8 million in 2025.
  • Per Business Quant, the three latest TCNCF Shares Outstanding (Diluted Average) figures stand at $745.8 million (Q4 2025), $743.1 million (Q4 2024), and $756.6 million (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.60 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 2.23 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 2.19 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 3.46 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 215.50 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.02 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 631.60 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 2.64 Bn
10 Tc Energy - - 2.95 Bn 746.49 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 746.49 Mn
Sep 30, 2025 755.70 Mn
Jun 30, 2025 750.58 Mn
Mar 31, 2025 724.79 Mn
Dec 31, 2024 743.05 Mn
Sep 30, 2024 760.91 Mn
Jun 30, 2024 758.19 Mn
Mar 31, 2024 769.57 Mn
Dec 31, 2023 761.71 Mn
Sep 30, 2023 772.04 Mn
Jun 30, 2023 764.55 Mn
Mar 31, 2023 755.23 Mn
Dec 31, 2022 748.49 Mn
Sep 30, 2022 766.75 Mn
Jun 30, 2022 771.79 Mn
Mar 31, 2022 775.26 Mn
Dec 31, 2021 778.26 Mn
Sep 30, 2021 777.73 Mn
Jun 30, 2021 796.44 Mn
Mar 31, 2021 752.96 Mn