Tc Energy (TNCAF) Change in Acquisitions & Divestments (2014 - 2025)
Tc Energy (TNCAF) posted Change in Acquisitions & Divestments of -$25.8 million for Q4 2025, up 35.41% on a QoQ basis from -$40.0 million in Q3 2025, and up 84.52% year-on-year from -$14.0 million in Q4 2024.
Tc Energy (TNCAF) Change in Acquisitions & Divestments (2014 - 2025) Analysis & Trends
Tc Energy has disclosed Change in Acquisitions & Divestments across 11 years of filings, most recently posting -$25.8 million for Q4 2025.
- Change in Acquisitions & Divestments for Q4 2025 came in at -$25.8 million, up 84.52% year-over-year; the trailing twelve-month figure through Dec 2025 was -$320.9 million (up 43.88% YoY), and the FY2025 annual result was -$324.2 million, up 43.38% from the prior year.
- Change in Acquisitions & Divestments came in at -$25.8 million for Q4 2025 at Tc Energy, up from -$40.0 million in the prior quarter.
- Over the last five years, Change in Acquisitions & Divestments for TNCAF reached as high as $57.1 million in Q4 2021 and fell as low as -$172.8 million in Q1 2025.
- Median Change in Acquisitions & Divestments over the past 5 years was -$86.8 million (2022), compared with a mean of -$85.0 million.
- Year-over-year, Change in Acquisitions & Divestments jumped 178.39% in 2021 and plunged 248.32% in 2022.
- Over 5 years, Change in Acquisitions & Divestments stood at $57.1 million in 2021, then plunged by 248.32% to -$84.7 million in 2022, then decreased by 14.44% to -$97.0 million in 2023, then plunged by 72.02% to -$166.8 million in 2024, then jumped by 84.52% to -$25.8 million in 2025.
- Per Business Quant, the three latest TNCAF Change in Acquisitions & Divestments figures stand at -$25.8 million (Q4 2025), -$40.0 million (Q3 2025), and -$82.3 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 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 |
| 10 | Tc Energy | - | - | 2.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -25.82 Mn |
| Dec 31, 2025 | -25.82 Mn |
| Sep 30, 2025 | -39.96 Mn |
| Sep 30, 2025 | -39.96 Mn |
| Jun 30, 2025 | -82.28 Mn |
| Jun 30, 2025 | -82.28 Mn |
| Mar 31, 2025 | -114.29 Mn |
| Mar 31, 2025 | -114.29 Mn |
| Dec 31, 2024 | -109.52 Mn |
| Dec 31, 2024 | -109.52 Mn |
| Sep 30, 2024 | -153.94 Mn |
| Sep 30, 2024 | -153.94 Mn |
| Jun 30, 2024 | -134.53 Mn |
| Jun 30, 2024 | -134.53 Mn |
| Mar 31, 2024 | -74.21 Mn |
| Mar 31, 2024 | -74.21 Mn |
| Dec 31, 2023 | -96.96 Mn |
| Dec 31, 2023 | -96.96 Mn |
| Sep 30, 2023 | -76.83 Mn |
| Sep 30, 2023 | -76.83 Mn |