TC Energy files 2025 annual disclosure documents

Rhea-AI Summary

TC Energy (TSX, NYSE: TRP) filed its 2025 annual disclosure documents on Feb. 13, 2026. The filings include audited consolidated financial statements for the year ended Dec. 31, 2025, Management’s Discussion and Analysis (Annual Report), the Annual Information Form and a Form 40-F submitted to the SEC.

Copies are available at sedarplus.ca, sec.gov and the company Investors website at tcenergy.com. Shareholders can request a free paper copy of the audited consolidated financial statements by calling 1-800-661-3805.

Key Figures

Year-end date: Dec. 31, 2025 Form 40-F: Form 40-F for year ended Dec. 31, 2025 Shareholder phone line: 1-800-661-3805 +1 more

4 metrics

Year-end date Dec. 31, 2025 Financial statements and AIF reporting period

Form 40-F Form 40-F for year ended Dec. 31, 2025 Annual report filing with SEC

Shareholder phone line 1-800-661-3805 Number to request paper copies of financial statements

Filing year 2025 Coverage year for annual disclosure documents

Market Reality Check

Price: $63.54 Vol: Volume 3,024,087 is 15% a...

normal vol

$63.54 Last Close

Volume Volume 3,024,087 is 15% above the 20-day average of 2,623,664. normal

Technical Price 61.40 is trading above the 200-day MA of 52.03, reflecting a sustained uptrend.

Peers on Argus

TRP is up 0.79% while close peers are mixed: ET and KMI are up, whereas MPLX, LN...

TRP is up 0.79% while close peers are mixed: ET and KMI are up, whereas MPLX, LNG and OKE are down, pointing to stock-specific rather than sector-wide movement.

Historical Context

5 past events · Latest: Jan 23 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 23	Preferred share elections	Neutral	+0.1%	Reported Series 5 and 6 preferred conversion election results and final share counts.
Jan 22	Earnings call notice	Neutral	+2.2%	Announced timing and access details for Q4 2025 results conference call and webcast.
Dec 31	Preferred terms update	Neutral	+1.7%	Outlined conversion rights and new dividend rates for Series 5 and 6 preferred shares.
Nov 06	Dividend declaration	Positive	+0.2%	Declared common and preferred share dividends and confirmed DRIP purchase terms.
Nov 06	Earnings and outlook	Positive	+0.2%	Posted higher Q3 2025 EBITDA and extended financial outlook with asset placement updates.

Pattern Detected

Recent announcements on dividends, preferred share actions, and outlook updates have all seen small positive price reactions.

Recent Company History

Over the past several months, TC Energy has focused on capital markets and income-oriented updates. On Nov. 6, 2025, it reported strong Q3 performance and a three‑year outlook extension, alongside a $0.85 quarterly dividend, with a modestly positive reaction. Subsequent dividend declarations and preferred share rate/conversion notices on Nov. 6 and Dec. 31, 2025 also coincided with small gains. January 2026 brought notices on conference calls and preferred share conversion results, again followed by mild positive moves, suggesting consistent, low-volatility responses to corporate news.

Market Pulse Summary

This announcement centers on TC Energy’s filing of its audited 2025 financial statements, related Ma...

Analysis

This announcement centers on TC Energy’s filing of its audited 2025 financial statements, related Management’s Discussion and Analysis, Annual Information Form, and Form 40‑F with regulators. These documents provide detailed insight into performance, risks, and governance for the year ended Dec. 31, 2025. In light of prior updates on earnings, dividends, and preferred shares, investors may focus on any changes in disclosures, risk factors, or forward-looking commentary contained in the full filings available to the public.

Key Terms

management’s discussion and analysis, annual information form, form 40-f, securities and exchange commission

4 terms

management’s discussion and analysis financial

"Audited Consolidated Financial Statements for the year ended Dec. 31, 2025 with related Management’s Discussion and Analysis"

Management’s discussion and analysis (MD&A) is a narrative section of a company’s financial filing where executives explain the recent financial results, underlying causes of those results, trends they see, and material risks and uncertainties in everyday language. Investors rely on it like a company’s report card with the manager’s comments—helping interpret raw numbers, judge future prospects and cash needs, and spot warnings or opportunities that the financial statements alone may not reveal.

annual information form regulatory

"The Company’s Annual Information Form for the year ended Dec. 31, 2025."

A company's annual information form is a comprehensive regulatory filing that lays out its business description, key assets, risks, legal matters and other background details shareholders need to understand the company’s operations. Think of it as a detailed owner’s manual or dossier that supplements financial statements, helping investors do deeper homework on how the business works and what could affect its future performance.

form 40-f regulatory

"In addition, TC Energy filed its Form 40-F for the year ended Dec. 31, 2025"

A Form 40-F is a standardized annual filing used by certain Canadian companies that trade in U.S. markets to give U.S. regulators and investors the same core financial statements and key disclosures they file in Canada. Think of it as a translated, formally packaged annual report that lets investors in a different marketplace compare a company’s results, governance and risks more easily, which reduces uncertainty and helps investment decisions.

securities and exchange commission regulatory

"with the United States Securities and Exchange Commission."

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

AI-generated analysis. Not financial advice.

CALGARY, Alberta, Feb. 13, 2026 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has today filed with Canadian securities authorities:

• Audited Consolidated Financial Statements for the year ended Dec. 31, 2025 with related Management’s Discussion and Analysis (Annual Report); and
  

• The Company’s Annual Information Form for the year ended Dec. 31, 2025.
  

In addition, TC Energy filed its Form 40-F for the year ended Dec. 31, 2025 with the United States Securities and Exchange Commission.

Copies of the filed documents are available at sedarplus.ca, sec.gov (for the Form 40-F) and in the Investors section of the Company website at tcenergy.com. Shareholders may request a paper copy of the audited Consolidated Financial Statements, free of charge, by calling the Company at 1-800-661-3805.

About TC Energy
We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. Every day, our dedicated team proudly connects the world to the energy it needs, moving over 30 per cent of the cleaner-burning natural gas used across the continent. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure fuels industries and generates affordable, reliable and sustainable power across North America, while enabling LNG exports to global markets.

Our business is based on the connections we make. By partnering with communities, businesses and leaders across our extensive energy network, we unlock opportunity today and for generations to come.

TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

FORWARD-LOOKING INFORMATION
This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TC Energy's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.

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Media Inquiries:
Media Relations
media@tcenergy.com
403-920-7859 or 800-608-7859

Investor & Analyst Inquiries:
Investor Relations
investor_relations@tcenergy.com
403-920-7911 or 800-361-6522

PDF available: http://ml.globenewswire.com/Resource/Download/78c40658-69fa-44b2-bd51-e74a8fe3c90c

 

FAQ

When did TC Energy (TRP) file its 2025 annual disclosure documents?

TC Energy filed its 2025 annual disclosure documents on Feb. 13, 2026. According to the company, the filings cover the year ended Dec. 31, 2025 and include audited financial statements, MD&A, the Annual Information Form and Form 40-F.

What specific documents did TC Energy (TRP) file for the year ended Dec. 31, 2025?

TC Energy filed audited consolidated financial statements, Management’s Discussion and Analysis, and the Annual Information Form. According to the company, it also filed a Form 40-F with the U.S. SEC covering the same year.

Where can investors access TC Energy (TRP) 2025 filings online?

Investors can access the 2025 filings at sedarplus.ca, sec.gov and the company's Investors site at tcenergy.com. According to the company, the Form 40-F is available specifically on the SEC website.

How can shareholders obtain a paper copy of TC Energy's (TRP) audited financial statements?

Shareholders may request a free paper copy of the audited consolidated financial statements by calling 1-800-661-3805. According to the company, the paper copy is provided free of charge upon request.

Do TC Energy's (TRP) 2025 filings include audited financial statements and MD&A?

Yes, the 2025 filings include audited consolidated financial statements and Management’s Discussion and Analysis. According to the company, these documents cover the fiscal year ended Dec. 31, 2025 and are publicly filed.