TRP on NYSE

TC Energy

Logo: TC Energy, Public domain, via Wikimedia Commons5

Canadian energy company

TC Energy Corporation (formerly TransCanada Corporation) is a Canadian energy company headquartered in Calgary, Alberta and serving North America. The company's focus is fossil fuel pipelines, and it builds and operates energy infrastructure across Canada, the United States, and Mexico, with core business segments in Natural Gas Pipelines, Power Generation and Energy Storage. TC Energy's natural gas pipeline network spans approximately 94,000 kilometres (58,409 miles), transporting over 30% of the natural gas consumed across North America.3 It employed 3,550 people.1 Its shares trade on NYSE under the symbol TRP.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 20, 2026.

Overview

15.2BRevenue, fiscal 20256
3.5BNet income, fiscal 20256
1951Founded1

Compare with TRANSCANADA PIPELINES LTD, or pick any stock.

  • TickerTRP on NYSE1
  • Industryenergy industry, petroleum industry1
  • HeadquartersCalgary1
  • Founded inCalgary1
  • Websitewww.tcenergy.com
  • Legal formbusiness corporation1
  • Listed onNew York Stock Exchange (TRP), Toronto Stock Exchange (TRP)1
  • Incorporated inAlberta, Canada7
  • Business address450 - 1St Street S.W., Calgary Alberta, A0 T2P 5H17
  • Filer categoryAccelerated filer7
  • LEI549300UGKOFV2IWJJG274
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address450 1ST STREET S.W., T2P 5H1 Calgary, Canada4
  • Registered withCorporations Canada, 414844-44
TransCanapr20
Photo: Samuel Boisvert, CC BY-SA 3.0, via Wikimedia Commons9

TC Energy Corporation (formerly TransCanada Corporation) is a Canadian energy company headquartered in Calgary, Alberta and serving North America. The company's focus is fossil fuel pipelines, and it builds and operates energy infrastructure across Canada, the United States, and Mexico, with core business segments in Natural Gas Pipelines, Power Generation and Energy Storage.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2025

52.7%Operating margin6
23.1%Net margin6
16.7%Revenue growth, 20256
12.9%Return on equity6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue1¢208.0M CAD
  • Other costs68¢10.4B CAD
  • Income tax7¢1.1B CAD
  • Profit23¢3.5B CAD

Out of 15.2B CAD in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid48¢3.5B CAD
  • Kept or used elsewhere52¢3.8B CAD

Out of 7.3B CAD of cash from operations.6

Financial statements

Revenue1011121314615.2B CAD in 2025+19% since 2018
05.0B CAD10.0B CAD15.0B CAD20.0B CAD2018: 12.8B CAD12.8B CAD20182019: 12.7B CAD12.7B CAD2019−1%2020: 12.6B CAD12.6B CAD2020−0%2021: 13.0B CAD13.0B CAD2021+2%2022: 12.1B CAD12.1B CAD2022−6%2023: 12.5B CAD12.5B CAD2023+3%2024: 13.1B CAD13.1B CAD2024+4%2025: 15.2B CAD15.2B CAD2025+17%
Operating income101112131468.0B CAD in 2025+39% since 2018
02.5B CAD5.0B CAD7.5B CAD10.0B CAD2018: 5.8B CAD5.8B CAD20182019: 6.6B CAD6.6B CAD2019+14%2020: 6.8B CAD6.8B CAD2020+3%2021: 4.1B CAD4.1B CAD2021−40%2022: 2.5B CAD2.5B CAD2022−40%2023: 5.1B CAD5.1B CAD2023+108%2024: 8.0B CAD8.0B CAD2024+56%2025: 8.0B CAD8.0B CAD2025+1%
Net income101112131463.5B CAD in 2025−5% since 2018
02.0B CAD4.0B CAD6.0B CAD2018: 3.7B CAD3.7B CAD20182019: 4.1B CAD4.1B CAD2019+12%2020: 4.6B CAD4.6B CAD2020+11%2021: 2.0B CAD2.0B CAD2021−58%2022: 748.0M CAD748.0M CAD2022−62%2023: 2.9B CAD2.9B CAD2023+291%2024: 4.7B CAD4.7B CAD2024+61%2025: 3.5B CAD3.5B CAD2025−25%
Fiscal year20182019202020212022202320242025
Revenue12.8B CAD1012.7B CAD1112.6B CAD1213.0B CAD1312.1B CAD1412.5B CAD1413.1B CAD1415.2B CAD6
Cost of revenue1.5B CAD10365.0M CAD110 CAD1287.0M CAD1322.0M CAD1480.0M CAD6217.0M CAD6208.0M CAD6
Operating expenses10.3B CAD137.8B CAD147.4B CAD68.0B CAD68.5B CAD6
Operating income5.8B CAD106.6B CAD116.8B CAD124.1B CAD132.5B CAD145.1B CAD68.0B CAD68.0B CAD6
Interest2.3B CAD102.3B CAD112.2B CAD122.4B CAD132.6B CAD133.3B CAD13
Income before tax2.2B CAD13474.0M CAD143.3B CAD65.9B CAD65.4B CAD6
Income tax432.0M CAD10754.0M CAD11194.0M CAD12120.0M CAD13322.0M CAD14842.0M CAD6922.0M CAD61.1B CAD6
Net income3.7B CAD104.1B CAD114.6B CAD122.0B CAD13748.0M CAD142.9B CAD64.7B CAD63.5B CAD6
Earnings per share4 CAD/shares104 CAD/shares115 CAD/shares122 CAD/shares131 CAD/shares143 CAD/shares64 CAD/shares63 CAD/shares6
Earnings per share (diluted)4 CAD/shares104 CAD/shares115 CAD/shares122 CAD/shares131 CAD/shares143 CAD/shares64 CAD/shares63 CAD/shares6
Shares (weighted, basic)973.0M shares13995.0M shares141.0B shares61.0B shares61.0B shares6
Shares (weighted, diluted)974.0M shares13996.0M shares141.0B shares61.0B shares61.0B shares6

Compare TC Energy with another company

Corporate structure

TC Energy sits at the top of its group. 20 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of TC Energy

  • Bank of Montreal Filed SCHEDULE 13G/A on TC Energy, latest Aug 12, 2026 (2 filings since Feb 12, 2026)
  • Goldman Sachs Filed SCHEDULE 13G/A on TC Energy, latest Jan 30, 2026 (2 filings since Nov 10, 2025)
  • Capital International Investors Filed SCHEDULE 13G/A on TC Energy, latest Feb 14, 2025 (3 filings since Feb 9, 2024)
  • Capital Research Global Investors Filed SCHEDULE 13G/A on TC Energy, latest Feb 13, 2025 (2 filings since Feb 9, 2024)
  • BlackRock Filed SC 13G on TC Energy, latest Nov 8, 2024 (2 filings since Oct 18, 2024)
  • Capital World Investors Filed SC 13G/A on TC Energy, latest Feb 9, 2024 (2 filings since Feb 13, 2023)
  • TC Energy Calgary, Alberta, Canada
    • ANR Pipeline Subsidiary · Houston
    • Broadwater Energy Subsidiary
    • TRANSCANADA TURBINES LTD. Subsidiary · 50% · Airdrie, Alberta, Canada
    • LAVACA BAY SOLAR PROJECT LLC Subsidiary · Boston, Massachusetts, United States
    • MID MICHIGAN GAS STORAGE COMPANY Subsidiary · Lansing, Michigan, United States
    • PRODUCCION DE ENERGIA MEXICANA S DE RL DE CV Subsidiary · Mexico City, Mexico
    • SADDLEBROOK SOLAR & STORAGE LIMITED PARTNERSHIP Subsidiary · Calgary, Alberta, Canada
    • TC ENERGY MARKETING INC. Subsidiary · Houston, Texas, United States
    • TC PIPELINES, LP Subsidiary · Houston, Texas, United States
    • TCPL INSURANCE SERVICES LTD. Subsidiary · Warrens, Barbados
    • TRANSCANADA ENERGY LTD. Subsidiary · Calgary, Alberta, Canada
    • TransCanada Gas Storage USA, Inc. Subsidiary · Houston, Texas, United States
    • TRANSCANADA PIPELINES LIMITED Subsidiary · Calgary, Alberta, Canada
      • PRINCE RUPERT GAS TRANSMISSION LIMITED PARTNERSHIP Subsidiary · Calgary, Alberta, Canada
      • SOCIETE EN COMMANDITE GAZODUC TQM (SOCIÉTÉ EN COMMANDITE GAZODUC TQM) Subsidiary · Calgary, Alberta, Canada
      • TRANS QUEBEC & MARITIMES PIPELINE INC. Subsidiary · Calgary, Alberta, Canada
      • TRANSCANADA ENERGY SALES LTD. Subsidiary · Calgary, Alberta, Canada
    • TRANSCANADA POWER MARKETING LTD. Subsidiary · Houston, Texas, United States
    • TRANSCANADA USA SERVICES INC. Subsidiary · Wilmington, Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What TC Energy reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress81.0M CAD6 Dec 31, 2025164.0M CAD6 Dec 31, 2024−50.6%
Property and equipment, before depreciation108.0B CAD6 Dec 31, 2025112.9B CAD6 Dec 31, 2024−4.3%
Accumulated depreciation37.0B CAD6 Dec 31, 202535.4B CAD6 Dec 31, 2024+4.4%
Property and equipment, net71.1B CAD6 Dec 31, 202577.5B CAD6 Dec 31, 2024−8.3%
Operating-lease assets (leased space)402.0M CAD6 Dec 31, 2025480.0M CAD6 Dec 31, 2024−16.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents168.0M CAD6 Dec 31, 2025801.0M CAD6 Dec 31, 2024−79.0%
Stakes in other companies (equity method)11.4B CAD6 Dec 31, 202510.6B CAD6 Dec 31, 2024+6.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$9.5B6 Dec 31, 2025$9.5B6 Dec 31, 20240%

Inventory

ItemLatestA year beforeChange
Inventory, total782.0M CAD6 Dec 31, 2025747.0M CAD6 Dec 31, 2024+4.7%

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

The company was incorporated in 1951 by a Special Act of Parliament as Trans-Canada Pipe Lines Limited. In 1954 N. Eldon Tanner, president of Merrill Petroleums and former Alberta legislator, became president of the company. The purpose of the company was to develop the TransCanada pipeline (now known as the Canadian Mainline) to supply eastern Canadian markets with natural gas produced in the west.

In 1998, TransCanada Pipelines merged with NOVA Corporation's pipeline business, keeping the TransCanada name and becoming "the fourth largest energy services company in North America".

Seeking to expand its presence in the United States, in 2016, TransCanada acquired Columbia Pipeline Group (CPG) for US$13 billion from NiSource's Shareholders. The CPG acquisition added a pipeline network in Pennsylvania and surrounding states, where the Marcellus and Utica shale gas formations are located.

In May 2019, the company changed its name from TransCanada Corporation to TC Energy Corporation to better reflect the company's business, which includes pipelines, power generation and energy storage operations in Canada, the United States and Mexico.

In October 2019, the 56-story Bank of America Center skyscraper in Houston, Texas was renamed as TC Energy Center and serves as the company's US headquarters.

On October 1, 2024, TC Energy completed the spinoff of its Liquids Pipelines business creating an independent company, South Bow, focused on crude oil pipelines.

From Wikipedia’s article on TC Energy, shared under CC BY-SA 4.0.8

Products and brands

  • electricity generation
  • natural gas storage
  • pipeline transport

Listed on Wikidata.1

Natural gas pipelines

TC Energy's natural gas pipelines business builds, owns and operates a network of natural gas pipelines across North America that connects gas production to interconnects and end use markets. The company transports over 30% of continental daily natural gas demand through approximately 94,000 km (58,409 mi) of pipelines. In addition, the company owns 532 Bcf of natural gas storage facilities, making TC Energy one of the largest natural gas storage providers in North America. This segment is TC Energy's largest segment, generating approximately 87% of the company's EBITDA in 2024. The Natural Gas Pipelines business is split into three operating segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, and Mexico Natural Gas Pipelines.

The major pipeline systems include:

NGTL System (24,631 km) A wholly owned subsidiary, NOVA Gas Transmission Ltd., connects gas producers in the Western Canadian Sedimentary Basin with consumers and exports. TC Energy has the largest and most extensive natural gas network in Alberta.

Canadian Mainline (14,082 km) This pipeline serves as a long haul delivery system transporting natural gas from the Western Canadian Sedimentary Basin across Canada to Ontario and Québec to deliver gas to downstream Canadian and U.S. markets. The pipeline has evolved accommodate additional supply connections closer to its markets. The mainline is over 60 years old

Read the full text

Columbia Gas (18,768 km) This natural gas transportation system serves the Appalachian Basin, which contains the Marcellus and Utica plays, two of the largest natural gas shale plays in North America. The system also interconnects with other pipelines that provide access to the U.S. Northeast and the Gulf of Mexico.

ANR Pipeline System (15,075 km) This pipeline system connects supply basins and markets throughout the U.S. Midwest, and south to the Gulf of Mexico. This includes connecting supply in Texas, Oklahoma, the Appalachian Basin and the Gulf of Mexico to markets in Wisconsin, Michigan, Illinois and Ohio. In addition, ANR has bi-directional capability on its Southeast Mainline and delivers gas produced from the Appalachian basin to customers throughout the Gulf Coast Region.

Columbia Gulf (5,419 km) — This pipeline system was originally designed as a long haul delivery system transporting supply from the Gulf of Mexico to major demand markets in the U.S. Northeast. The pipeline is now transitioning to a north-to-south flow and expanding to accommodate new supply in the Appalachian Basin and its interconnects with Columbia Gas and other pipelines to deliver gas to various Gulf Coast markets.

Mexico Pipeline Network (3,500 km) — This consists of a network of natural gas pipelines in Mexico.

Southeast Gateway Pipeline (715 km) — A marine pipeline that will transport natural gas, connecting the supply from Tuxpan, Veracruz, to delivery points in Coatzacoalcos, Veracruz, and in Paraíso, Tabasco.

Coastal Gaslink Pipeline Project (670 km) – Coastal Gaslink delivers natural gas from the Dawson Creek area to a facility near Kitimat, where LNG Canada prepares it for export to global markets by converting the gas to a liquefied state—also known as liquefied natural gas (LNG).

Energy

TC Energy's Energy division consists of power generation and unregulated natural gas storage assets. The power business consists of approximately 4,650 megawatts (MW) of generation capacity owned or under development. These assets are located primarily in Canada and are powered by natural gas, nuclear, and wind.

Western Power These assets include approximately 1,000 MW of power generation capacity through four natural gas-fired cogeneration facilities in Alberta and one in Arizona.

Eastern Power These assets include approximately 2,900 MW of power generation capacity in Eastern Canada.

Bruce Power This operates the Bruce Nuclear Generating Station in Ontario. Comprising eight nuclear units with a combined capacity of approximately 6,400 MW, it is currently the largest operating nuclear power plant in the world. TC Energy holds a 48.4% interest in the asset.

Saddlebrook Solar + Storage project in Aldersyde, Alberta consisting of 81 MW of solar generation with utility-scale energy storage.

TC Energy has proposed two pumped storage projects to store and supply clean energy. The Ontario Pumped Storage Project near Meaford, Ontario would provide 1000 MW of clean energy and the proposed Canyon Creek Pumped Storage Project near Hinton, Alberta would provide 75 MW of clean energy.

From Wikipedia’s article on TC Energy, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Former names

  • TRANSCANADA CORPMay 14, 2003 to May 6, 20197

Timeline

  1. 1951Founded Founded in Calgary1

Calendar

Coming up

  1. Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.56 a share, on Nov 6, 2025.17

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

191 filings to the SEC since October 2021: 5 annual reports, 17 large holders, 169 other. The latest 20:

  1. Oct 13, 20266-K TCE FORM 6-K DATED OCTOBER 13, 2026 EDGAR
  2. Oct 6, 20266-K EDGAR
  3. Sep 29, 20266-K TCE FORM 6-K DATED SEPTEMBER 29, 2026 EDGAR
  4. Sep 22, 20266-K TCE FORM 6-K DATED SEPTEMBER 21, 2026 EDGAR
  5. Aug 12, 2026SCHEDULE 13G/A EDGAR
  6. Jul 30, 20266-K EDGAR
  7. Jul 10, 20266-K TCE FORM 6-K DATED JULY 9, 2026 EDGAR
  8. Jun 18, 202611-K EDGAR
  9. May 7, 20266-K TCE FORM 6-K DATED MAY 7, 2026 EDGAR
  10. May 1, 20266-K EDGAR
  11. Apr 13, 20266-K TCE FORM 6-K DATED APRIL 10,. 2026 EDGAR
  12. Mar 20, 20266-K TCE FORM 6-K DATED MARCH 20, 2026 EDGAR
  13. Mar 20, 20266-K TCE_TCPL JOINT FORM 6-K DATED MARCH 20, 2026 EDGAR
  14. Mar 10, 20266-K TCE FORM 6-K DATED MARCH 10, 2026 EDGAR
  15. Feb 13, 20266-K TCE FORM 6-K DATED FEBRUARY 13, 2026 EDGAR
  16. Feb 13, 202640-F EDGAR
  17. Feb 13, 20266-K TCE FORM 6-K DATED FEBRUARY 13, 2026 EDGAR
  18. Feb 12, 2026SCHEDULE 13G/A EDGAR
  19. Jan 30, 2026SCHEDULE 13G/A EDGAR
  20. Jan 26, 20266-K TCE FORM 6-K DATED JANUARY 23, 2026 EDGAR

The 191 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Royal Bank Of Canada79,403,845$5.3B0.9%−9,702,338
Capital Research Global Investors43,524,159$2.9B0.4%−1,323,129
Bank Of Montreal /can/37,261,213$2.5B0.9%−17,057,962
Vanguard Capital Management LLC29,943,371$2.0B0.0%+441,156
FIL Ltd27,885,160$1.8B1.3%+877,310
Goldman Sachs Group Inc21,169,476$1.4B0.1%+5,094,579
1832 Asset Management L.P.20,499,907$1.4B1.7%−1,538,129
Canada Pension Plan Investment Board17,356,583$1.1B0.6%−162,866
Mackenzie Financial Corp12,194,884$1.1B1.1%−579,948
GQG Partners LLC16,736,302$1.1B2.1%−210,268
TD Asset Management Inc16,134,910$1.1B0.9%−5,547,203
Cibc World Market Inc.16,080,835$1.1B1.8%+782,243
Deutsche Bank Ag\15,821,521$1.0B0.3%+196,543
Connor, Clark & Lunn Investment Management Ltd.14,781,669$978.0M1.9%+1,727,179
Geode Capital Management, LLC11,805,911$802.3M0.0%+1,400,410
TD Waterhouse Canada Inc.10,619,936$695.8M1.8%+312,027
Norges Bank10,444,457$691.0M0.1%New
National Bank Of Canada /fi/10,054,565$661.4M0.6%−280,526
Clearbridge Investments, LLC9,428,111$625.0M0.5%+482,977
Vanguard Fiduciary Trust Co9,230,853$611.3M0.1%+98,912
Jpmorgan Chase & Co8,645,373$592.2M0.0%+797,075
Scotia Capital Inc.8,944,435$591.5M2.2%−303,080
CIBC Asset Management Inc8,815,178$584.1M1.3%−483,671
Vanguard Global Advisers, LLC7,990,253$529.1M0.2%+694,611
Legal & General Group Plc7,849,214$519.6M0.1%−795,755

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

11 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jul 11, 2025Ritchie TorresDemocratic, HouseSale$1,001 - $15,000−2.4%Report
Apr 9, 2025Ritchie TorresDemocratic, HouseBuy$1,001 - $15,000−11.2%Report
Jun 23, 2023David P. JoyceRepublican, HouseSale$1,001 - $15,000+26.2%Report
Apr 15, 2020David A Perdue , Jr, SenateSale$1,001 - $15,000+148.4%Report
Apr 6, 2020David A Perdue , Jr, SenateBuy$1,001 - $15,000−158.6%Report
Mar 26, 2020David A Perdue , Jr, SenateBuy$1,001 - $15,000−158.0%Report
Mar 13, 2020David A Perdue , Jr, SenateBuy$1,001 - $15,000−145.7%Report
Mar 13, 2020David A Perdue , Jr, SenateBuy$1,001 - $15,000−145.7%Report
Feb 24, 2020David A Perdue , Jr, SenateBuy$1,001 - $15,000−133.8%Report
Feb 24, 2020David A Perdue , Jr, SenateBuy$1,001 - $15,000−133.8%Report
Dec 18, 2019John B. LarsonDemocratic, HouseSale$1,001 - $15,000+127.9%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How TC Energy is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTC ENERGY CORP2
  • CIK0001232384
  • Employer ID (EIN)52-217972824
  • Filer statusAccelerated filer not an emerging growth company2
  • Incorporated inCanada24
  • Fiscal year endsDecember 312
  • Industry code (SIC)4922 Natural Gas Transmission2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address450 - 1St Street S.W., Calgary Alberta, A0 T2P 5H12
  • Phone40392020002
  • Shares outstanding1,040,835,168 shares; 992,720,977 Trans Canada Pipe Lines Limited shares as of Dec 31, 202524
  • AuditorKPMG LLP, Calgary, AB, Canada PCAOB ID 85; it also attests to the company’s internal control over financial reporting24
  • On EDGAR sinceMay 14, 20032
  • Filings976 in all: 6-K (703), 11-K (48), 40-F (23), SC 13G (19), SC 13G/A (17), F-10/A (16), F-X (15), DFAN14A (13)2
    All 34 form types

    F-10 (13), FWP (12), SUPPL (11), SCHEDULE 13G/A (10), EFFECT (9), UPLOAD (8), 425 (7), 6-K/A (7), S-8 POS (7), CORRESP (5), SC 13D/A (5), 424B3 (4), S-8 (4), SCHEDULE 13G (3), 11-K/A (2), 3 (2), 4 (2), 40-F/A (2), 8-A12B/A (2), 8-A12B (1), CERTNYS (1), F-10EF (1), F-3DPOS (1), F-4 (1), F-4/A (1), F-X/A (1)

  • Latest filingsAnnual report (40-F) Feb 13, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares (including Rights under Shareholder Rights Plan) of TC Energy CorporationTRPNew York Stock Exchange

From the cover page of the 40-F filed Feb 13, 2026 (Section 12(b) of the Exchange Act).24