TCANF OTC
Credit Risk of going bust: lower than 78% of companies Debt: 40.9% of company value Bonds: none of note held by US funds details ▾
Total debt $45.41B against a stock market value of $65.52B.
Distance to default 9.18 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $24.85B (short-term plus half of long-term), stock volatility 19.5%; Altman Z'' 0.37. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Calgary, AB T2P 5H1
CA
TC Energy Corporation is a prominent North American energy infrastructure firm, based in Calgary, Canada, and established in 1951. Formerly known as TransCanada Corporation until its renaming in May 2019, its operations are diversified across five main areas: Canadian, U.S., and Mexican Natural Gas Pipelines; Liquids Pipelines; and Power & Storage. The company manages an extensive natural gas pipeline network spanning 93,300 kilometers, facilitating the delivery of natural gas from production basins to various end-users including local utilities, power plants, industrial sites, other pipelines, and LNG export terminals. It also possesses substantial regulated natural gas storage facilities, offering a total working capacity of 535 billion cubic feet. In the liquids sector, TC Energy operates a roughly 4,900-kilometer pipeline system, which transports crude oil from Alberta to refineries in key U.S. markets like Illinois, Oklahoma, Texas, and the Gulf Coast. Furthermore, the company holds ownership or stakes in seven power generation sites, with a combined output of approximately 4,300 megawatts, utilizing both natural gas and nuclear power across Alberta, Ontario, Québec, and New Brunswick. Additionally, it maintains about 118 billion cubic feet of non-regulated natural gas storage capacity within Alberta.
