TC Energy

TC Energy Corporation reported Q4 2025 comparable EBITDA of $3.0 billion, up 13% year-over-year, and raised its dividend 3.2%, extending a 26-year growth streak. The post-2024 spin-off refocused the company on natural gas and power, with about 98% of EBITDA backed by regulated frameworks or long-term take-or-pay contracts. A $32 billion capital program and U.S. expansion into LNG and electrification-related infrastructure are expected to drive incremental EBITDA, while leverage remains a key risk to monitor. The stock yields roughly 4.14% and is presented as a durable, income-oriented investment with visible growth catalysts. » Mais em finance.yahoo.com

TC Energy reported a comparable EBITDA increase of 13% year-on-year for Q4 2025 and annual EBITDA growth of 9%. EPS was $0.98 and revenue was $4.1bn, both slightly above expectations; the company recorded new delivery records in Canada and the US. For 2026 TC Energy forecasts comparable EBITDA of $11.6–11.8bn and $12.6–13.1bn for 2028, announced a quarterly dividend of $0.8775 (up 3.2%) and targets sustainable dividend growth of 3–5%. Management emphasizes disciplined capital allocation, a focus on natural gas and power infrastructure, and a solid balance sheet with Debt-to-EBITDA of 4.8x and a BBB+ rating with a stable outlook. » Mais em de.investing.com

TC Energy announces that all outstanding variable-rate, redeemable Series 6 preferred shares will automatically convert into fixed-rate Series 5 preferred shares on January 30, 2026, because fewer than one million Series 6 shares remain after the exchange period. After the conversion, the company will have more than 14,000,000 outstanding Series 5 shares, which will trade under the ticker TRP.PR.C; the Series 6 shares will be delisted. For Series 5, the board has set a quarterly dividend with a fixed annual rate of 4.501% for the five-year period starting January 30; shareholders will be offered conversion opportunities again on January 30, 2031 and every five years thereafter. » Mais em de.investing.com

S&P Global has raised its outlook for TC Energy from "negative" to "stable" and affirmed the issuer rating at BBB+. The re-assessment is justified by strong operational performance, capital discipline and long-term take-or-pay contracts that secure stable cash flows. The ratings agency expects the debt-to-EBITDA ratio to improve to around 4.8x (2025) and 4.7x (2026) and cites annual net investments of about C$6bn as part of the financial policy. A downgrade scenario depends on adjusted debt-to-EBITDA rising above 4.75x; a potential upgrade would require a sustained level below 4.25x. » Mais em de.investing.com

TC Energy, through its subsidiary TransCanada PipeLines Limited, announced the successful issuance of US$350 million of junior subordinated notes with a fixed interest rate of 6.250% and maturity on November 1, 2085. Net proceeds will be used to repay the cumulative redeemable preferred shares, Series 11, on November 28, 2025, for debt reduction and for general corporate purposes. The company announced the redemption of the Series 11 shares and expects, subject to board approval, a final quarterly dividend of $0.2094375 per share prior to the redemption date. » Mais em de.investing.com