Tc Energy (TRP) Capital Expenditures (2009 - 2025)

Tc Energy's (TRP) quarterly Capital Expenditures came in at -$2.9 million in Q4 2025, up 55.48% year-on-year from -$1.8 million in Q4 2024, and down 97.37% quarter-over-quarter from -$1.5 million in Q3 2025.

Tc Energy (TRP) Capital Expenditures (2009 - 2025) Analysis & Trends

Tc Energy's Capital Expenditures history runs 17 years deep, the most recent figure standing at -$2.9 million for Q4 2025.

  • On a quarterly basis, Capital Expenditures rose 55.48% year-over-year to -$2.9 million in Q4 2025; TTM through Dec 2025 was -$11.4 million, a 101.21% decrease from a year earlier, with the FY2025 full-year figure at -$11.5 million, up 68.64% from the prior year.
  • Capital Expenditures retreated to -$2.9 million in Q4 2025 per TRP's latest filing, from -$1.5 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $974.6 million in Q2 2024 and bottomed at -$1.3 billion in Q1 2021.
  • The 5-year median for Capital Expenditures is -$11.0 million (2022), against an average of -$196.4 million.
  • Across the five-year window, Capital Expenditures sank 1328.27% in 2021 and jumped 5135.25% in 2024, its largest moves.
  • Year by year, Capital Expenditures stood at -$1.3 billion in 2021, then jumped by 99.08% to -$11.8 million in 2022, then slipped by 24.63% to -$14.7 million in 2023, then jumped by 56.14% to -$6.4 million in 2024, then jumped by 55.48% to -$2.9 million in 2025.
  • Per Business Quant, the three latest TRP Capital Expenditures figures stand at -$2.9 million (Q4 2025), -$1.5 million (Q3 2025), and -$4.3 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -166,000.00
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -3.03 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 982.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 1.78 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 983.00 Mn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -2.87 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 1.92 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 899.50 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 864.00 Mn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 575.00 Mn

Historic Data

Download Data
DateValue
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 -4.33 Mn
Jun 30, 2025 -4.33 Mn
Mar 31, 2025 -2.79 Mn
Mar 31, 2025 -2.79 Mn
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 974.61 Mn
Jun 30, 2024 974.61 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