What Changed
Price Move History
- Daily moves over 5%
- 0 7 sessions, March 12, 2026 to August 25, 2026
- Largest daily move
- -0.9% close of March 25, 2026
Company Description
TC ENERGY CORP SER 5 PFD (TCANF) represents a preferred share series of TC Energy Corporation. According to the company’s SEC filings, TC Energy Corporation is a foreign issuer that reports to the U.S. Securities and Exchange Commission under Commission File No. 1-31690 and files its disclosure documents on Form 40-F and Form 6-K.
TC Energy Corporation is identified in its filings as a Canadian company with its head office located in Calgary, Alberta, Canada. The filings also describe TransCanada PipeLines Limited as a wholly owned subsidiary of TC Energy Corporation. Information about TransCanada PipeLines is provided through the continuous disclosure documents filed by TC Energy Corporation, as noted in decisions of the Alberta Securities Commission and Ontario Securities Commission referenced in the 6-K filings.
As a preferred share series, TC ENERGY CORP SER 5 PFD is tied to the broader corporate and regulatory profile of TC Energy Corporation. The SEC documents show that TC Energy furnishes interim and other information to investors through Form 6-K reports, which may include:
- Management’s Discussion and Analysis of Financial Condition and Results of Operations of TC Energy Corporation for specific reporting periods.
- Consolidated comparative interim unaudited financial statements of TC Energy Corporation, referenced as part of quarterly reports to shareholders.
- Certifications of senior officers under Sections 302 and 906 of the Sarbanes-Oxley Act of 2002.
- News releases furnished as Exhibit 99.1, dated on various days such as October 9, October 16, November 6, and December 31 of a given year.
- A Code of Business Ethics Policy, furnished as an exhibit and described as amended in certain filings.
These filings indicate that TC Energy Corporation maintains ongoing disclosure practices as a foreign private issuer under the Exchange Act, with Form 6-K reports used to provide interim information to the market. While the SEC filings excerpted here do not describe the specific economic terms of the Series 5 preferred shares, they establish that TCANF is associated with TC Energy Corporation’s capital structure and is supported by the same continuous disclosure framework referenced in the company’s Form 6-K and Form 40-F submissions.
Regulatory reporting and disclosure framework
The Form 6-K filings for TC Energy Corporation describe how certain exhibits are incorporated by reference into existing registration statements under the Securities Act of 1933. These include Form S-8, Form F-3 and Form F-10 registration statements, all identified by specific file numbers in the 6-K dated November 6, 2025. The filings also clarify which exhibits are furnished rather than filed, and therefore are not incorporated by reference into registration statements.
In addition, the explanatory notes in several 6-K filings state that TransCanada PipeLines Limited relies on the continuous disclosure documents filed by TC Energy Corporation, pursuant to exemptions under National Instrument 51-102 – Continuous Disclosure Obligations and related decisions of Canadian securities regulators. This structure means that investors reviewing TCANF may look to TC Energy Corporation’s consolidated disclosure for information about the broader corporate group.
Corporate governance and ethics documentation
One of the 6-K filings lists a Code of Business Ethics Policy as an exhibit, described as amended. This indicates that TC Energy Corporation formally documents its ethical standards and business conduct expectations in a policy that is furnished to the SEC. For investors analyzing TCANF, such governance-related exhibits provide additional context on the framework within which TC Energy Corporation and its subsidiaries operate.
Use of SEC filings for understanding TCANF
Because TC ENERGY CORP SER 5 PFD is a preferred share series of TC Energy Corporation, investors often rely on the parent company’s SEC filings to understand the broader financial condition, governance practices and disclosure environment associated with the security. TC Energy Corporation's 6-K filings show that the company:
- Files interim financial statements and related management discussion and analysis.
- Provides officer certifications in connection with its reporting.
- Furnishes news releases as exhibits to inform the market of material announcements.
- Maintains a Code of Business Ethics Policy that is filed as an exhibit.
These elements together form the regulatory backdrop for the TCANF preferred shares, even though the detailed terms of the Series 5 preferred shares are not specified in the excerpts provided.
Stock Performance
TC Energy SER 5 PFD (TCANF) closed at $14.96 on August 25, 2026. In the week to August 25, 2026, the price lost 0.2%.
TCANF Metrics & Rankings
Price returns through August 25, 2026. Ranking links may use different dates.
Latest News
SEC Filings
TC Energy SER 5 PFD has filed 10 recent SEC filings, including 9 Form 6-K, 1 Form SCHEDULE 13G/A. The most recent filing was submitted on . SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all TCANF SEC filings →
Financial Highlights
TC Energy SER 5 PFD generated $11.1B in revenue in FY2025, operating income reached $5.9B (52.7% operating margin), and net income was $2.6B, reflecting a 23.1% net profit margin. Diluted earnings per share stood at $2.38. The company generated $5.4B in operating cash flow. The current ratio was 0.63, measuring current assets divided by current liabilities.
Upcoming Events
Short Interest History
Short interest in TC Energy SER 5 PFD (TCANF) currently stands at 3.9 thousand shares, down 30.4% from the previous reporting period, representing 0.0% of the float. Since December 2025, short interest has decreased by 36.1%.
Days to Cover History
Days to cover for TC Energy SER 5 PFD (TCANF) currently stands at 1000.0 days. The ratio is the reported short interest divided by the average daily trading volume. Across the settlements charted above, it has ranged from 3.2 to 1000.0 days.
TCANF Company Profile & Sector Positioning
TC Energy SER 5 PFD (TCANF) operates in the Oil & Gas Midstream industry within the broader Energy sector and is listed on the OTC.
Investors comparing TCANF often look at related companies in the same sector, including Enbridge CUM Pref SR 1 (EBBGF), CW Petroleum Corp (CWPE), Atlas Energy Corp (CANSF), Empire Diversified Engy (MPIR), and Equinor ASA (STOHF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate TCANF's relative position within its industry.