TC Energy (MEX:TRPN) Construction In Progress: MXN0 Mil (As of Mar. 2026)


MEX:TRPN TC Energy Corp MEX:TRPN
39 GF Score
Price MXN1,205.38
GF Value MXN895.83
Valuation Significantly Overvalued
! 12 Warning Signs
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What is TC Energy Construction In Progress?

TC Energy MEX:TRPN 39 Construction In Progress is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:TRPN with a GF Score™ of 39/100 and a GF Value™ of MXN895.83 (Significantly Overvalued). The stock has 12 warning signs investors should review.

TC Energy's quarterly construction in progress increased from Sep. 2025 (MXN0 Mil) to Dec. 2025 (MXN52,927 Mil) but then declined from Dec. 2025 (MXN52,927 Mil) to Mar. 2026 (MXN0 Mil).

TC Energy's annual construction in progress increased from Dec. 2023 (MXN99,991 Mil) to Dec. 2024 (MXN162,943 Mil) but then declined from Dec. 2024 (MXN162,943 Mil) to Dec. 2025 (MXN52,927 Mil).

TC Energy Construction In Progress Historical Data

* Premium members only.

The historical data trend for TC Energy's Construction In Progress 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 Construction In Progress Chart

TC Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111,096.13 85,503.99 99,990.67 162,942.93 52,927.23

TC Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress 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 0.00 0.00 0.00 52,927.23 0.00
MEX:TRPN
39GF Score
TC Energy Corp MEX:TRPN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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TC Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of MXN0 Mil mean?
TC Energy (MEX:TRPN) has a Construction In Progress of MXN0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on TC Energy and its competitors.
Is TC Energy's Construction In Progress too high?
TC Energy's current Construction In Progress is MXN0 Mil. Overall, TC Energy has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TC Energy's Construction In Progress compare to WMB and EPD?
TC Energy's Construction In Progress of MXN0 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 Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on TC Energy and its competitors. TC Energy's current Construction In Progress is MXN0 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 (MEX:TRPN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN895.83, compared to a current price of MXN1,205.38 — trading 34.6% above its estimated fair value. The current Construction In Progress is MXN0 Mil. TC Energy's overall GF Score™ is 39/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For TC Energy (MEX:TRPN), the current Construction In Progress is MXN0 Mil as of Mar. 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 (MEX:TRPN) Overvalued in 2026?

Based on GuruFocus' analysis, TC Energy stock appears to be overvalued. The current stock price of MXN1,205.38 is trading 34.6% above its estimated GF Value™ of MXN895.83. GuruFocus considers TC Energy to be Significantly Overvalued.

Key valuation signals for MEX:TRPN:

  • Construction In Progress: MXN0 Mil
  • GF Value™: MXN895.83 vs. price of MXN1,205.38 (34.6% above fair value)
  • GF Score™: 39/100 with 12 warning signs

No single metric tells the full story. See the MEX:TRPN 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.
39GF Score

Get the complete analysis for MEX:TRPN

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,205.38
Price
MXN895.83
GF Value