Business Segments TC Energy Corporation

Stocks

TRP

CA87807B1076

Oil & Gas Transportation Services

Real-time Estimate TE Other stock markets 01:13:01 15/07/2026 am IST			5-day change	1st Jan Change
96.82 ^CAD	+0.64%		-0.74%	+28.29%

10/07	Keystone Pipeline Operator Agrees to $70 Million Settlement Over 2022 Kansas Oil Spill	DJ
08/07	TC Energy's Gas Pipelines Favorably Complemented by Bruce Power, RBC Says	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (CAD)

Fiscal Period: December	2021	2022	2023	2024	2025
Natural Gas Pipelines
U.S. Natural Gas Pipelines	537.8Cr	606.5Cr	633Cr	643.8Cr	724.4Cr
Total Assets	4.55TCr	5TCr	5.05TCr	5.63TCr	5.66TCr
CAPEX	-261.1Cr	-213.7Cr	-253.6Cr	-	-331.6Cr
EBITDA	385.6Cr	408.9Cr	438.5Cr	451.1Cr	490.6Cr
D&A	79Cr	89Cr	93Cr	96Cr	103.7Cr
Operating Income	307.1Cr	261.7Cr	353.1Cr	405.3Cr	392.7Cr
Canadian Natural Gas Pipelines	451.9Cr	476.4Cr	517.3Cr	560Cr	578.5Cr
Total Assets	2.52TCr	2.75TCr	2.98TCr	3.12TCr	3.14TCr
CAPEX	-262.9Cr	-327.4Cr	-295.3Cr	-	-134Cr
EBITDA	267.5Cr	280.6Cr	333.5Cr	338.8Cr	368.7Cr
D&A	122.6Cr	119.8Cr	132.5Cr	138.2Cr	152.3Cr
Operating Income	144.9Cr	-144Cr	-9Cr	201.6Cr	216.4Cr
Mexico Natural Gas Pipelines	60Cr	69Cr	85Cr	87Cr	145Cr
Total Assets	754.7Cr	923.1Cr	1.2TCr	1.6TCr	1.63TCr
CAPEX	-13Cr	-102.7Cr	-229.2Cr	-	-52Cr
EBITDA	67Cr	75Cr	80Cr	100Cr	136.5Cr
D&A	11Cr	9.8Cr	8.9Cr	9.2Cr	9.6Cr
Operating Income	56Cr	49Cr	80Cr	93Cr	118.6Cr
Electric Power Generation By Fossil Fuels
Power and Energy Solutions	74Cr	94Cr	104.1Cr	100.3Cr	90Cr
Total Assets	656.3Cr	827.2Cr	952.5Cr	1.02TCr	1.08TCr
CAPEX	-3.2Cr	-14Cr	-29Cr	-	-6.1Cr
EBITDA	68Cr	91Cr	102Cr	121.4Cr	100.8Cr
D&A	7.8Cr	7.2Cr	9.2Cr	10Cr	11Cr
Operating Income	63Cr	83Cr	100.4Cr	110.2Cr	77Cr
Corporate	-16Cr	-14Cr	-12Cr	-14Cr	-14Cr
Total Assets	444.2Cr	376.4Cr	773.5Cr	418.9Cr	346Cr
CAPEX	-3.5Cr	-4.1Cr	-3.3Cr	-	-3.1Cr
EBITDA	-2.4Cr	-2Cr	-1.4Cr	-6.3Cr	-1.4Cr
D&A	-	-	-	50L	-
Operating Income	-4.6Cr	80L	-12Cr	-14Cr	-1.4Cr
Oil and Gas Pipelines
Liquids Pipelines	230.6Cr	266.8Cr	266.7Cr	-	-
Total Assets	1.5TCr	1.56TCr	1.55TCr	-	-
CAPEX	-49Cr	-11Cr	-4.9Cr	-	-
EBITDA	152.6Cr	136.6Cr	145.7Cr	-	-
D&A	32Cr	33Cr	34Cr	-	-
Operating Income	-160Cr	112.3Cr	101.1Cr	-	-
Oil and Gas Refining and Marketing
Total Assets	-	-	-	37Cr	20Cr

Geographical Revenue Distribution History

Geographical breakdown of sales (CAD)

Fiscal Period: December	2021	2022	2023	2024	2025
United States	695.3Cr	802.5Cr	832.5Cr	636.9Cr	720.4Cr
Total Assets	3.93TCr	4.35TCr	4.46TCr	4.06TCr	4.1TCr
Canada	460.3Cr	494.2Cr	536Cr	557.9Cr	561.7Cr
Total Assets	2.49TCr	2.72TCr	2.86TCr	2.64TCr	2.61TCr
Mexico	60Cr	69Cr	85Cr	87Cr	145Cr
Total Assets	595.7Cr	520.3Cr	737.7Cr	1.06TCr	400Cr
Export	122.6Cr	132.2Cr	140.3Cr	95Cr	97Cr