TC Energy Corporation drawdown: 12.9% below the all-time high (price)
TC Energy Corporation is 12.9% below its all-time high, set May 22, 2026 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −12.9%
- 87.1% of ATH
- All-time high
- $70.91
- May 22, 2026
- Time below the high
- 5 mo
- since May 22, 2026
- Worst-ever drawdown
- −71.9%
- Feb 22, 2000
- Longest underwater
- 6.7 yrs
- between all-time highs
- Today's level first reached
- Feb 13, 2026
- 8 mo ago
- Last time this deep
- Nov 6, 2025
- in a previous episode
% of all-time high since 1987: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Mar 26, 1998 | Feb 22, 2000 | −71.9% | 1.9 yrs | Nov 22, 2004 | 6.7 yrs |
| Nov 6, 2007 | Mar 9, 2009 | −48.3% | 16 mo | May 2, 2011 | 3.5 yrs |
| Sep 19, 2014 | Jan 15, 2016 | −47.5% | 16 mo | Feb 14, 2020 | 5.4 yrs |
| Jun 7, 2022 | Oct 4, 2023 | −44.3% | 16 mo | Jan 29, 2026 | 3.6 yrs |
| Feb 21, 2020 | Mar 23, 2020 | −41.6% | 31 days | Mar 25, 2022 | 2.1 yrs |
| Aug 19, 1993 | Jun 24, 1994 | −29.3% | 10 mo | Oct 4, 1996 | 3.1 yrs |
| Nov 13, 1991 | Feb 9, 1993 | −19.0% | 15 mo | Jun 23, 1993 | 1.6 yrs |
| May 22, 2026 | Sep 30, 2026 | −18.5% | 4 mo | not yet | 5 mo+ |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1987: how far TC Energy Corporation stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is TC Energy Corporation from its all-time high?
- TC Energy Corporation is currently 12.9% below its all-time high, set May 22, 2026 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest TC Energy Corporation drawdown ever?
- The deepest decline on record in our data (since 1987) took TC Energy Corporation 71.9% below its prior high, bottoming Feb 22, 2000. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from TRP; no free deep history exists for TC Energy Corporation — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.