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| Date | Value |
|---|---|
| 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 |