Tc Energy (TRP) Change in Acquisitions & Divestments (2014 - 2025)

Tc Energy (TRP) 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 (TRP) 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 TRP 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 TRP 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
DateValue
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