Tc Energy (TNCAF) Construction in Progress (2012 - 2025)
Tc Energy (TNCAF) recorded quarterly Construction in Progress of $11.5 million in Q4 2025, up 231.58% quarter-over-quarter from -$8.7 million in Q3 2025, and down 90.23% on a YoY basis from $117.4 million in Q4 2024.
Tc Energy (TNCAF) Construction in Progress (2012 - 2025) Analysis & Trends
Tc Energy's Construction in Progress history runs 14 years deep, the most recent figure standing at $11.5 million for Q4 2025.
- In Q4 2025, Construction in Progress fell 90.23% year-over-year to $11.5 million; the TTM figure through Dec 2025 stood at $11.5 million (down 90.23% YoY), while the FY2025 annual figure was $11.5 million, down 90.42% from the prior year.
- Construction in Progress was $11.5 million for Q4 2025 at Tc Energy, up from -$8.7 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $171.9 million in Q4 2023 to a low of -$91.0 million in Q3 2023.
- Historically, Construction in Progress has averaged -$3.2 million across 5 years, with a median of -$14.8 million in 2024.
- Biggest YoY gain for Construction in Progress was 576.15% in 2023; the steepest drop was 462.17% in 2023.
- A 5-year view of Construction in Progress shows it stood at $33.3 million in 2021, then sank by 208.34% to -$36.1 million in 2022, then jumped by 576.15% to $171.9 million in 2023, then plunged by 31.7% to $117.4 million in 2024, then plunged by 90.23% to $11.5 million in 2025.
- The last three Construction in Progress figures came in at $11.5 million (Q4 2025), -$8.7 million (Q3 2025), and $7.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 2.64 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 | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 69.07 Mn |
| 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 | 11.47 Mn |
| 10 | Tc Energy | - | - | 2.95 Bn | 11.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 11.47 Mn |
| Sep 30, 2025 | -8.72 Mn |
| Jun 30, 2025 | 7.22 Mn |
| Mar 31, 2025 | -2.79 Mn |
| Dec 31, 2024 | 117.40 Mn |
| Sep 30, 2024 | -30.06 Mn |
| Jun 30, 2024 | -24.13 Mn |
| Mar 31, 2024 | -14.84 Mn |
| Dec 31, 2023 | 171.88 Mn |
| Sep 30, 2023 | -91.00 Mn |
| Jun 30, 2023 | -77.42 Mn |
| Mar 31, 2023 | -57.70 Mn |
| Dec 31, 2022 | -36.10 Mn |
| Sep 30, 2022 | -25.30 Mn |
| Jun 30, 2022 | -17.26 Mn |
| Mar 31, 2022 | -10.26 Mn |
| Dec 31, 2021 | 33.32 Mn |
| Dec 31, 2020 | -93.58 Mn |
| Sep 30, 2020 | -91.55 Mn |
| Jun 30, 2020 | -87.99 Mn |