Seek Returns

TRP vs. VG: TC Energy vs. Venture Global Stock Comparison

How do TC Energy (TRP) and Venture Global (VG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

TC Energy (TRP) and Venture Global (VG) both belong to the Oil, Gas & Consumable Fuels industry, though TRP is classified under Oil & Gas Storage & Transportation while VG falls under Oil & Gas Exploration & Production.

TC Energy (TRP) carries decades of public-market history since September 20, 1982, while Venture Global (VG) listed on January 24, 2025 — long-window comparisons have far more historical data on the TRP side.

Company profile comparison for TC Energy (TRP) and Venture Global (VG)
Profile ItemTRPVG
NameTC Energy CorporationVenture Global Inc. Class A
Country/RegionCanadaUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Storage & TransportationOil & Gas Exploration & Production
Market Capitalization64.51 billion USD28.83 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateSeptember 20, 1982January 24, 2025
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

TRP
VG
GSPC
Loading price history…
TC Energy (TRP) vs. Venture Global (VG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for TC Energy (TRP) and Venture Global (VG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for TC Energy (TRP) and Venture Global (VG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for TC Energy (TRP) and Venture Global (VG)
MetricTRPVG
Total Return (1Y)24.67%49.08%
Total Return (3Y, Annualized)26.02%--
Total Return (5Y, Annualized)9.85%--

Risk Profile

Drawdown History

TRP
VG
GSPC
Loading price history…
TC Energy (TRP) vs. Venture Global (VG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for TC Energy (TRP) and Venture Global (VG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for TC Energy (TRP) and Venture Global (VG)
MetricTRPVG
Volatility (1Y, Annualized)19.39%75.79%
Beta (5Y)0.640.48
Max Drawdown (5Y)-38.98%-75.16%
Avg. Volume (3M)2.56M14.78M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
TRP and VG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for TC Energy (TRP) and Venture Global (VG)
MetricTRPVG
Sharpe Ratio (1Y)1.050.59
Sortino Ratio (1Y)1.610.90

Profitability

ROE (TTM)

Venture Global (VG) at 33.64% sits in the top ROE quartile, while TC Energy (TRP) at 12.15% is closer to the peer norm — stronger capital efficiency for VG.

TRP

Energy industry group

12.15%

Max
53.85%
Q3
24.79%
Median
12.85%
TRP
12.15%
Q1
2.03%
Min
-29.09%

VG

Energy industry group

33.64%

Max
53.85%
VG
33.64%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

TC Energy (TRP) at 25.05% retains a top-quartile share of revenue as profit, ahead of Venture Global (VG) at 22.05%, which keeps about the industry-typical share.

TRP

Energy industry group

25.05%

Max
56.92%
TRP
25.05%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

VG

Energy industry group

22.05%

Max
56.92%
Q3
22.92%
VG
22.05%
Median
10.10%
Q1
0.07%
Min
-27.38%
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both TC Energy (TRP) at 41.66% and Venture Global (VG) at 47.79% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

TRP

Energy industry group

41.66%

Max
71.31%
TRP
41.66%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%

VG

Energy industry group

47.79%

Max
71.31%
VG
47.79%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for TC Energy (TRP) and Venture Global (VG)
MetricTRPVG
ROE (TTM)12.15%33.64%
ROA (TTM)3.70%7.38%
Net Margin (TTM)25.05%22.05%
Operating Margin (TTM)41.66%47.79%
Gross Margin (TTM)70.07%46.92%

Growth

Revenue Growth

Venture Global (VG) at 176.93% clears its industry range for revenue growth, far stronger top-line momentum than TC Energy (TRP) at 10.66%, which is closer to a typical peer reading.

Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Venture Global (VG) at 41.08% sits in the top EPS growth quartile, while TC Energy (TRP) at -26.19% is closer to the peer norm — faster per-share earnings growth for VG.

Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for TC Energy (TRP) and Venture Global (VG)
MetricTRPVG
Revenue Growth (YoY)10.66%176.93%
Revenue Growth (3Y CAGR)7.38%28.77%
EPS Growth (YoY)-26.19%41.08%
EPS Growth (3Y CAGR)72.24%6.05%

Financial Strength

Current Ratio (MRQ)

Venture Global (VG) at 1.19 keeps current ratio within its industry’s typical mid-range, while TC Energy (TRP) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TRP.

TRP

Energy industry group

0.57

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
TRP
0.57
Min
0.24

VG

Energy industry group

1.19

Max
3.64
Q3
2.21
Median
1.41
VG
1.19
Q1
0.88
Min
0.24
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both balance sheets lean debt-heavy versus peers, but VG is more stretched: TC Energy (TRP) at 1.68 sits in the higher-leverage quartile and Venture Global (VG) at 3.55 is above its industry benchmark range.

TRP

Energy industry group

1.68

Max
1.75
TRP
1.68
Q3
0.93
Median
0.54
Q1
0.30
Min
0.00

VG

Energy industry group

3.55

VG
3.55
Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
Min
0.00
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for TC Energy (TRP) and Venture Global (VG)
MetricTRPVG
Current Ratio (MRQ)0.571.19
Debt / Equity (MRQ)1.683.55
Net Debt / EBITDA6.085.40

Dividends

Dividend Yield (TTM)

TC Energy (TRP) at 5.57% delivers top-quartile income for its industry, while Venture Global (VG) at 0.61% pays a more typical yield — both are credible income propositions, TRP the richer one.

TRP

Energy industry group

5.57%

Max
8.57%
TRP
5.57%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%

VG

Energy industry group

0.61%

Max
8.57%
Q3
3.58%
Median
1.71%
VG
0.61%
Q1
0.00%
Min
0.00%
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Venture Global (VG) at 5.51% pays out a band-typical share of earnings, while TC Energy (TRP) at 93.87% distributes more than its industry norm — less retained, thinner cover.

TRP

Energy industry group

93.87%

Max
133.24%
TRP
93.87%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%

VG

Energy industry group

5.51%

Max
133.24%
Q3
53.31%
Median
25.24%
VG
5.51%
Q1
0.00%
Min
0.00%
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for TC Energy (TRP) and Venture Global (VG)
MetricTRPVG
Dividend Yield (TTM)5.57%0.61%
Dividend Payout Ratio (TTM)93.87%5.51%

Valuation

P/E Ratio (TTM)

Venture Global (VG) at 9.08 is near its industry’s usual P/E ratio, while TC Energy (TRP) at 23.19 sits in the richer quartile — TRP needs stronger growth or earnings quality to justify the premium.

TRP

Energy industry group

23.19

Max
39.54
TRP
23.19
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99

VG

Energy industry group

9.08

Max
39.54
Q3
21.72
Median
12.19
VG
9.08
Q1
7.71
Min
2.99
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Venture Global (VG) at 1.70 is priced about in line with its industry on P/S ratio, while TC Energy (TRP) at 4.03 sits in the pricier quartile — TRP costs more per dollar of sales.

TRP

Energy industry group

4.03

Max
5.40
TRP
4.03
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00

VG

Energy industry group

1.70

Max
5.40
Q3
2.85
VG
1.70
Median
1.69
Q1
0.88
Min
0.00
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both TC Energy (TRP) at 3.54 and Venture Global (VG) at 3.36 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

TRP

Energy industry group

3.54

Max
4.21
TRP
3.54
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01

VG

Energy industry group

3.36

Max
4.21
VG
3.36
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
Loading chart…
TC Energy (TRP) vs. Venture Global (VG): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for TC Energy (TRP) and Venture Global (VG)
MetricTRPVG
P/E Ratio (TTM)23.199.08
P/S Ratio (TTM)4.031.70
P/B Ratio (MRQ)3.543.36
Free Cash Flow Yield (TTM)0.77%-29.96%