Tc Energy (TRPEF) Capital Expenditures (2009 - 2025)

Tc Energy (TRPEF) posted Capital Expenditures of $965.2 million for Q4 2025, up 205.84% on a QoQ basis from -$911.9 million in Q3 2025, and up 182.22% year-on-year from $342.0 million in Q4 2024.

Tc Energy (TRPEF) Capital Expenditures (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Capital Expenditures across 17 years of filings, most recently posting $965.2 million for Q4 2025.

  • Capital Expenditures for Q4 2025 came in at $965.2 million, up 182.22% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.8 billion (up 60.19% YoY), and the FY2025 annual result was $3.8 billion, up 181.87% from the prior year.
  • Capital Expenditures came in at $965.2 million for Q4 2025 at Tc Energy, up from -$911.9 million in the prior quarter.
  • Over the last five years, Capital Expenditures for TRPEF reached as high as $965.2 million in Q4 2025 and fell as low as -$1.5 billion in Q4 2022.
  • Median Capital Expenditures over the past 5 years was -$1.2 billion (2022), compared with a mean of -$1.1 billion.
  • Year-over-year, Capital Expenditures sank 51.65% in 2023 and surged 182.22% in 2025.
  • Over 5 years, Capital Expenditures stood at -$1.3 billion in 2021, then declined by 18.73% to -$1.5 billion in 2022, then increased by 0.68% to -$1.5 billion in 2023, then climbed by 22.49% to -$1.2 billion in 2024, then surged by 182.22% to $965.2 million in 2025.
  • Per Business Quant, the three latest TRPEF Capital Expenditures figures stand at $965.2 million (Q4 2025), -$911.9 million (Q3 2025), and -$800.4 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.78 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 133.00 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 983.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.92 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 899.50 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 575.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 864.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 31.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.18 Bn
10 Tc Energy - - 2.95 Bn -2.87 Mn

Historic Data

Download Data
DateValue
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 800.38 Mn
Jun 30, 2025 800.38 Mn
Mar 31, 2025 1.09 Bn
Mar 31, 2025 1.09 Bn
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 -9.50 Mn
Jun 30, 2024 -9.50 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