TC Energy Future Growth

Future criteria checks 0/6

TC Energy's revenue and earnings are forecast to decline at 0.1% and 2.3% per annum respectively. EPS is expected to decline by 1.2% per annum. Return on equity is forecast to be 14.3% in 3 years.

Key information

-2.3%

Earnings growth rate

-1.2%

EPS growth rate

Oil and Gas earnings growth	5.0%
Revenue growth rate	-0.1%
Future return on equity	14.3%
Analyst coverage	Good
Last updated	26 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:TRP.PRI - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	15,677	4,285	2,184	8,253	6
12/31/2025	14,705	3,959	1,436	7,909	8
12/31/2024	15,991	4,604	296	7,660	7
9/30/2024	16,647	5,086	681	7,472	N/A
6/30/2024	16,504	3,432	294	7,381	N/A
3/31/2024	16,249	2,719	-549	7,236	N/A
12/31/2023	15,934	2,829	-881	7,268	N/A
9/30/2023	14,976	-81	-720	7,433	N/A
6/30/2023	15,157	957	-631	7,310	N/A
3/31/2023	15,405	1,596	-427	6,742	N/A
12/31/2022	14,977	641	-352	6,375	N/A
9/30/2022	15,283	3,206	-109	6,151	N/A
6/30/2022	14,402	3,144	304	6,162	N/A
3/31/2022	13,506	3,230	1,131	6,931	N/A
12/31/2021	13,387	1,815	966	6,890	N/A
9/30/2021	13,100	1,821	759	7,028	N/A
6/30/2021	13,055	1,946	213	7,099	N/A
3/31/2021	12,962	2,252	-661	7,001	N/A
12/31/2020	12,999	4,457	-1,077	7,058	N/A
9/30/2020	12,965	4,441	-1,432	6,945	N/A
6/30/2020	12,903	4,276	-1,569	6,747	N/A
3/31/2020	13,186	4,120	-1,258	6,856	N/A
12/31/2019	13,255	3,976	-1,100	7,082	N/A
9/30/2019	13,896	3,960	-1,882	7,295	N/A
6/30/2019	13,919	4,149	-2,728	7,009	N/A
3/31/2019	13,742	3,809	-3,270	7,092	N/A
12/31/2018	13,679	3,539	-3,359	6,555	N/A
9/30/2018	13,392	3,308	-2,818	5,906	N/A
6/30/2018	13,431	2,992	N/A	5,792	N/A
3/31/2018	13,466	3,088	N/A	5,340	N/A
12/31/2017	13,449	2,997	N/A	5,230	N/A
9/30/2017	13,493	1,778	N/A	5,415	N/A
6/30/2017	13,930	1,031	N/A	5,495	N/A
3/31/2017	13,451	515	N/A	5,290	N/A
12/31/2016	12,547	124	N/A	5,069	N/A
9/30/2016	11,737	-1,976	N/A	4,902	N/A
6/30/2016	11,049	-1,439	N/A	4,884	N/A
3/31/2016	10,929	-1,375	N/A	4,705	N/A
12/31/2015	11,353	-1,240	N/A	4,384	N/A
9/30/2015	11,065	1,676	N/A	3,715	N/A
6/30/2015	10,572	1,731	N/A	3,710	N/A
3/31/2015	10,175	1,718	N/A	3,860	N/A
12/31/2014	10,185	1,743	N/A	4,226	N/A
9/30/2014	9,901	1,705	N/A	4,349	N/A
6/30/2014	9,654	1,729	N/A	4,225	N/A
3/31/2014	9,429	1,678	N/A	3,947	N/A
12/31/2013	8,797	1,712	N/A	3,674	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRP.PRI's earnings are forecast to decline over the next 3 years (-2.3% per year).

Earnings vs Market: TRP.PRI's earnings are forecast to decline over the next 3 years (-2.3% per year).

High Growth Earnings: TRP.PRI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TRP.PRI's revenue is expected to decline over the next 3 years (-0.1% per year).

High Growth Revenue: TRP.PRI's revenue is forecast to decline over the next 3 years (-0.1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TRP.PRI's Return on Equity is forecast to be low in 3 years time (14.3%).

TC Energy Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

TC Energy Corporation Declares Dividend for the Quarter Ending December 31, 2024, Payable on January 31, 2025

TC Energy Corporation completed the Spin-Off of South Bow Corporation (TSX:SOBO).

TC Energy Corporation to Report Q3, 2024 Results on Nov 07, 2024

TC Energy Corporation Declares Dividend for the Quarter Ending September 30, 2024, Payable on October 31, 2024

TC Energy Corporation to Report Q2, 2024 Results on Aug 01, 2024

TC Energy Corporation Approves Board Appointments

TC Energy Corporation to Appeal Delaware Court Rulings in Lawsuit Related to 2016 Columbia Pipeline Acquisition

TC Energy Corporation to Report Q1, 2024 Results on May 03, 2024

TC Energy Corporation, Annual General Meeting, Jun 04, 2024

TC Energy Corporation Announces Chief Financial Officer Changes

Nisga'a Nation and Western LNG ULC entered into binding letter agreement to acquire Prince Rupert Gas Transmission Holdings Ltd. and Prince Rupert Gas Transmission Limited Partnership from TC Energy Corporation (TSX:TRP).

TC Energy Corporation Declares Dividend for the Quarter Ending March 31, 2024, Payable on April 30, 2024

TC Energy Corporation to Report Q4, 2023 Results on Feb 16, 2024

TC Energy Reportedly Plans to Discuss Selling Natural Gas Pipeline Stake to Indigenous Groups

TC Energy Corporation Appoints John E. Lowe as Chair of the Board, Effective January 1, 2024

TC Energy Reportedly Exploring Stake Sales of Assets Worth $10 Billion

TC Energy Reportedly Exploring Stake Sales of Assets Worth $10 Billion

TC Energy Corporation to Report Q3, 2023 Results on Nov 08, 2023

TC Energy Corporation Appoints Hal Kvisle, as Board Chair of New Liquids Pipelines Company

TC Energy Corporation Declares Quarterly Dividend on Common Share, Payable on October 31, 2023

TC Energy Corporation to Report Q2, 2023 Results on Jul 28, 2023

TC Energy Corporation's Pumped Storage Project Moving to Final Evaluation

TC Energy Corporation's Pumped Storage Project Moving to Final Evaluation

Tc Energy Expects to Appeal Delaware Court Rulings in Lawsuit Related to 2016 Columbia Pipeline Acquisition

TC Energy Corporation acquired Blue Cloud and Fluanna I from Copenhagen Infra Partners II managed by Copenhagen Infrastructure Partners P/S.

TC Energy Corporation Declares Dividend for the Quarter Ending March 31, 2023, Payable on April 28, 2023

TC Energy Provides Coastal Gaslink Project Update

TC Energy Corporation to Report Q4, 2022 Results on Feb 14, 2023

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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