TC Energy (TSX:TRP) Beginning Cash Position: C$1,083 Mil (As of Jun. 2026)

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TSX:TRP TC Energy Corp TSX:TRP
77 GF Score
Price C$94.40
GF Value C$77.44
Valuation Modestly Overvalued
! 12 Warning Signs
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What is TC Energy Beginning Cash Position?

TC Energy TSX:TRP -0.95% 77 Beginning Cash Position is C$1,083 Mil as of Jun. 2026. GuruFocus rates TSX:TRP with a GF Score™ of 77/100 and a GF Value™ of C$77.44 (Modestly Overvalued). The stock has 12 warning signs investors should review.

TC Energy's Beginning Cash Position for the quarter that ended in Jun. 2026 was C$1,083 Mil.

TC Energy's quarterly Beginning Cash Position declined from Dec. 2025 (C$1,802 Mil) to Mar. 2026 (C$168 Mil) but then increased from Mar. 2026 (C$168 Mil) to Jun. 2026 (C$1,083 Mil).

TC Energy's annual Beginning Cash Position increased from Dec. 2023 (C$620 Mil) to Dec. 2024 (C$3,678 Mil) but then declined from Dec. 2024 (C$3,678 Mil) to Dec. 2025 (C$801 Mil).

TC Energy Beginning Cash Position Related Terms

TC Energy Beginning Cash Position Historical Data

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The historical data trend for TC Energy's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TC Energy Beginning Cash Position Chart

TC Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,530.00 673.00 620.00 3,678.00 801.00

TC Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,962.00 1,422.00 1,802.00 168.00 1,083.00
TSX:TRP
77GF Score
TC Energy Corp TSX:TRP
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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TC Energy Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of C$1,083 Mil mean?
TC Energy (TSX:TRP) has a Beginning Cash Position of C$1,083 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on TC Energy and its competitors.
Is TC Energy's Beginning Cash Position too high?
TC Energy's current Beginning Cash Position is C$1,083 Mil. Overall, TC Energy has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TC Energy's Beginning Cash Position compare to WMB and EPD?
TC Energy's Beginning Cash Position of C$1,083 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on TC Energy and its competitors. TC Energy's current Beginning Cash Position is C$1,083 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TC Energy stock overvalued right now?
Based on GuruFocus' analysis, TC Energy (TSX:TRP) is currently considered Modestly Overvalued. The stock's GF Value™ is C$77.44, compared to a current price of C$94.40 — trading 21.9% above its estimated fair value. The current Beginning Cash Position is C$1,083 Mil. TC Energy's overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For TC Energy (TSX:TRP), the current Beginning Cash Position is C$1,083 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TC Energy (TSX:TRP) Overvalued in 2026?

Based on GuruFocus' analysis, TC Energy stock appears to be overvalued. The current stock price of C$94.40 is trading 21.9% above its estimated GF Value™ of C$77.44. GuruFocus considers TC Energy to be Modestly Overvalued.

Key valuation signals for TSX:TRP:

  • Beginning Cash Position: C$1,083 Mil
  • GF Value™: C$77.44 vs. price of C$94.40 (21.9% above fair value)
  • GF Score™: 77/100 with 12 warning signs

No single metric tells the full story. See the TSX:TRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TC Energy Business Description

Industry EnergyOil & Gas
Address 450 - 1 Street S.W, TC Energy Tower, Calgary, AB, CAN, T2P 5H1
TC Energy operates natural gas transmission assets across North America. Segments are determined by country of operation, but both Canadian and US operations are interconnected. Mexican operations are disconnected from the US and only have one customer, the state utility CFE. They also operate power generation assets, with the largest being the Bruce Power nuclear plant.
77GF Score

Get the complete analysis for TSX:TRP

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$94.40
Price
C$77.44
GF Value