Tc Energy (TRP) Preferred Shares (2009 - 2026)
Tc Energy's Preferred Shares came in at $1.59 billion for Q2 2026, down 13.1% from $1.83 billion a year earlier.
Powered by 
Analysis
Tc Energy (TRP) Preferred Shares (2009 - 2026) Analysis & Trends
At the end of FY2025, Tc Energy's Preferred Shares was $1.65 billion, down 5.4% from FY2024.
- Preferred Shares carries a five-year compound annual growth rate of -12.0% (FY2020 to FY2025).
- Going back by year, Preferred Shares was $1.74 billion in FY2024 (-7.8%), $1.89 billion in FY2023 (+2.4%), $1.84 billion in FY2022 (-32.6%) and $2.74 billion in FY2021 (-12.3%).
- The Q2 2026 figure represents the lowest quarterly Preferred Shares since Q4 2012.
- Year-over-year, Preferred Shares increased in 1 of the last seven quarters, with an average decline of 5.0%.
- The fastest year-over-year change in Preferred Shares over five years came in Q4 2023 (growth of 2.4%), and the weakest in Q1 2023 (a decline of 33.8%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 4.80 Bn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | - |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | - |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 2.48 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 1.59 Bn |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | - |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | - |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.59 Bn |
| Jun 30, 2026 | 1.59 Bn |
| Mar 31, 2026 | 1.62 Bn |
| Dec 31, 2025 | 1.65 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Jun 30, 2025 | 1.83 Bn |
| Mar 31, 2025 | 1.75 Bn |
| Dec 31, 2024 | 1.74 Bn |
| Sep 30, 2024 | 1.85 Bn |
| Jun 30, 2024 | 1.82 Bn |
| Mar 31, 2024 | 1.85 Bn |
| Dec 31, 2023 | 1.89 Bn |
| Sep 30, 2023 | 1.85 Bn |
| Jun 30, 2023 | 1.89 Bn |
| Mar 31, 2023 | 1.85 Bn |
| Dec 31, 2022 | 1.84 Bn |
| Sep 30, 2022 | 1.83 Bn |
| Jun 30, 2022 | 1.94 Bn |
| Mar 31, 2022 | 2.79 Bn |
| Dec 31, 2021 | 2.74 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();