Goldman targets CAD 71.00 for TC Energy stock at 5.86 percent yield
Published on 10/13/2026 at 15:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Goldman Sachs set a CAD 71.00 target for TC Energy on October 2, 2026.
- TC Energy is expected to report earnings on November 5, 2026.
- TC Energy stock costs EUR 54.27 at Lang & Schwarz on October 13, 2026 at 3:19 p.m. CEST, plus 0.22 percent versus the Tradegate close of October 12, 2026.
- TC Energy has a P/E ratio of 25.73 and a dividend yield of 5.86 percent.
MarketBeat reported on October 2, 2026 that Goldman Sachs upgraded TC Energy to Buy from Hold and set a CAD 71.00 price target. The target was 14.51 percent below the Canadian share price cited in the report. TC Energy's dividend yield was 5.86 percent, while its 2026 annual dividend reached USD 3.51 per share according to TC Energy. The stock was trading at EUR 54.27 at Lang & Schwarz on October 13, 2026 at 3:19 p.m. CEST, plus 0.22 percent versus the Tradegate close of October 12, 2026 at EUR 54.15.
Earnings date is November 5
Gekko lists November 5, 2026 as TC Energy's next earnings date, with the report expected before the market opens. The date gives the stock a defined near-term event beyond the analyst target.
The latest reported quarter in the finance records was the second quarter of 2026, when revenue reached USD 3.96 billion, net income attributable to common shareholders was USD 987.00 million and diluted earnings per share came to USD 0.95. Operating cash flow was USD 2.22 billion in the same quarter.
Dividend supports income profile
TC Energy's investor materials describe the company as a North American energy infrastructure operator spanning natural gas pipelines, power and energy solutions. The company says its network supplies more than 25 percent of the natural gas consumed daily across North America and its power portfolio has approximately 4,650 megawatts of capacity.
The same investor materials list a secured capital program of USD 22.00 billion through 2031. They also state that approximately 98 percent of comparable EBITDA comes from rate-regulated assets or long-term take-or-pay contracts, a structure that connects the income profile to contracted infrastructure activity.
US range spans USD 49.27 to USD 71.47
TC Energy's primary listings are on the Toronto Stock Exchange and the New York Stock Exchange under ticker TRP, according to the company's investor materials. The US quote was USD 60.56 on October 12, 2026, with a USD 49.27 to USD 71.47 52-week range, a market capitalization of USD 63.0 billion and a P/E ratio of 25.73.
The Canadian and US quotations provide a separate home-market frame from the euro price used for German investors. The latest quarter also supplied USD 2.22 billion of operating cash flow, giving the November reporting date a concrete cash-generation reference.
Tradegate close sets daily comparison
The euro quotation stood EUR 0.12 above the Tradegate close of October 12, 2026. The move equals plus 0.22 percent, calculated from EUR 54.27 against EUR 54.15, while the Lang & Schwarz bid was EUR 54.01 and the ask was EUR 54.52.
Goldman Sachs' CAD 71.00 target, the November 5 reporting date and the 5.86 percent dividend yield are the three clearest dated reference points for the stock. None changes the fact that the euro quotation and the Canadian and US listings use different currencies and venues.
Price and reporting date
TC Energy stock was trading at EUR 54.27 at Lang & Schwarz on October 13, 2026 at 3:19 p.m. CEST, plus 0.22 percent versus the Tradegate close of October 12, 2026 at EUR 54.15. The continuously updated real-time quote of TC Energy stock.
TC Energy stock facts
- Company: TC Energy Corporation
- ISIN: CA87807B1076
- Ticker: TRP
- Primary exchange: Toronto Stock Exchange and New York Stock Exchange
- Price Lang & Schwarz (as of October 13, 2026, 3:19 p.m. CEST): EUR 54.27
- Change versus Tradegate close: plus 0.22 percent
- Tradegate close (October 12, 2026): EUR 54.15
- Market capitalization: USD 63.0 billion (as of October 12, 2026)
- 52-week range: USD 49.27-USD 71.47 (as of October 12, 2026)
- Sector / Industry: Energy / Oil and Gas Midstream
Market context: Market report S&P TSX Composite.
