Tc Energy (TRP) Notes Payables (2009 - 2026)
Tc Energy (TRP) reported Notes Payables of $592.8 million for the quarter ended Jun 30, 2026, down 66.0% from $1.75 billion a year earlier.
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Analysis
Tc Energy (TRP) Notes Payables (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Tc Energy posted Notes Payables of $449 million, up 716.4% from the prior year.
- Notes Payables has a five-year compound annual growth rate of -32.1% (years ended Dec 2020 to Dec 2025).
- By year, Notes Payables came in at $55 million in the year ended Dec 31, 2024, $4.82 billion in the year ended Dec 31, 2022 (+16.8%) and $4.12 billion in the year ended Dec 31, 2021 (+32.2%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Notes Payables since the quarter ended Dec 31, 2024.
- Year over year, Notes Payables gained in five of the last six quarters, with growth averaging 167.6%.
- The high point for year-over-year Notes Payables in five years was the quarter ended Sep 30, 2025 (growth of 461.4%); the low point was the quarter ended Sep 30, 2023 (a decline of 96.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 592.80 Mn |
| Dec 31, 2025 | 860.50 Mn |
| Sep 30, 2025 | 1.74 Bn |
| Jun 30, 2025 | 1.75 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 277.03 Mn |
| Sep 30, 2024 | 309.35 Mn |
| Jun 30, 2024 | 1.14 Bn |
| Mar 31, 2024 | 282.75 Mn |
| Sep 30, 2023 | 182.01 Mn |
| Jun 30, 2023 | 1.92 Bn |
| Mar 31, 2023 | 2.98 Bn |
| Dec 31, 2022 | 4.61 Bn |
| Sep 30, 2022 | 4.78 Bn |
| Jun 30, 2022 | 4.29 Bn |
| Mar 31, 2022 | 4.31 Bn |
| Dec 31, 2021 | 4.10 Bn |
| Sep 30, 2021 | 2.52 Bn |
| Jun 30, 2021 | 1.38 Bn |
| Mar 31, 2021 | 1.14 Bn |
API Access
Tc Energy Notes Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=notes-payables&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=notes-payables&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();