Tc Energy (TRP) Preferred Shares (2009 - 2026)
Tc Energy's Preferred Shares came in at $1.63 billion for the quarter ended Jun 30, 2026, down 9.6% from $1.8 billion a year earlier.
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Analysis
Tc Energy (TRP) Preferred Shares (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Tc Energy's Preferred Shares was $1.61 billion, down 11.6% from the prior year.
- Preferred Shares has declined in each of the last seven years, with a five-year compound annual growth rate of -11.5% (years ended Dec 2020 to Dec 2025).
- Going back by year, Preferred Shares was $1.83 billion in the year ended Dec 31, 2024 (-1.5%), $1.85 billion in the year ended Dec 31, 2023 (-3.6%), $1.92 billion in the year ended Dec 31, 2022 (-30.9%) and $2.78 billion in the year ended Dec 31, 2021 (-6.3%).
- The five-year range for quarterly Preferred Shares is $1.62 billion (the quarter ended Dec 31, 2025) to $2.77 billion (the quarter ended Sep 30, 2021).
- The fastest year-over-year change in Preferred Shares over five years came in the quarter ended Mar 31, 2024 (growth of 0.3%), and the weakest in the quarter ended Dec 31, 2022 (a decline of 33.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 4.93 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | - |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 3.36 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 1.63 Bn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | - |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | - |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | - |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.63 Bn |
| Dec 31, 2025 | 1.62 Bn |
| Sep 30, 2025 | 1.82 Bn |
| Jun 30, 2025 | 1.80 Bn |
| Mar 31, 2025 | 1.74 Bn |
| Dec 31, 2024 | 1.79 Bn |
| Sep 30, 2024 | 1.83 Bn |
| Jun 30, 2024 | 1.83 Bn |
| Mar 31, 2024 | 1.85 Bn |
| Dec 31, 2023 | 1.84 Bn |
| Sep 30, 2023 | 1.86 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 1.85 Bn |
| Dec 31, 2022 | 1.84 Bn |
| Sep 30, 2022 | 1.92 Bn |
| Jun 30, 2022 | 1.96 Bn |
| Mar 31, 2022 | 2.75 Bn |
| Dec 31, 2021 | 2.77 Bn |
| Sep 30, 2021 | 2.77 Bn |
| Jun 30, 2021 | 2.84 Bn |
API Access
Tc Energy Preferred Shares 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=preferred-shares&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "preferred-shares", "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=preferred-shares&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();