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Stock impact report

Outlook for TC Energy Stock in 2026 [Yahoo! Finance Canada]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
TC Energy TSX:TRP ) stock entered 2026 with significant momentum. Following the strategic unbundling of its liquids pipelines business into South Bow in late 2024, the company has successfully unlocked a premium valuation for its remaining natural gas and power assets. This move kicked off a streak of industry-leading returns, with TRP generating 17% in total returns over the past year compared to a North American industry average of below 1%. The question for investors now is simple: Can TC Energy generate double-digit returns again this year? The outlook for 2026 appears promising. The company is currently executing a three-year investment plan that targets 5% to 7% annual growth in adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) through 2028. For 2026 specifically, management has guided for EBITDA between $11.6 billion and $11.8 billion. This implies impressive sequential operating earnings growth of 6% to 8%, which should provide the liquidit Show less Read more
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