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TC Energy Corp (TRP)

NYSE
Currency in USD
46.47
-0.31(-0.66%)
Closed
After Hours
47.00+0.53(+1.14%)
TRP Scorecard
Full Analysis
Has raised its dividend for 23 consecutive years
Unusual trading volume
Fair Value
Day's Range
46.0346.71
52 wk Range
31.8450.37
Key Statistics
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Prev. Close
46.78
Open
46.55
Day's Range
46.03-46.71
52 wk Range
31.84-50.37
Volume
5.94M
Average Volume (3m)
2.51M
1-Year Change
30.44%
Book Value / Share
19.92
Fair Value
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Fair Value Upside
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TRP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
69.68
Upside
+5.40%
Members' Sentiments
Bearish
Bullish
ProTips
Stock generally trades with low price volatility
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TC Energy Corp Company Profile

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.

TC Energy Corp SWOT Analysis


Energy Powerhouse
TC Energy's strategic position in natural gas infrastructure and high contracted EBITDA underscore its potential in a growing market driven by AI and data centers
Spin-off Synergies
Explore the implications of TC Energy's liquids infrastructure spin-off, including dividend distribution, growth targets, and credit rating prospects
Financial Fortitude
Delve into TC Energy's financial outlook, with analysts projecting EPS of 4.27 for FY1 and 4.13 for FY2, alongside efforts to reduce leverage below 4.75x debt/EBITDA
Analyst Perspectives
Analyst price targets range from C$55 to C$78, reflecting varied views on TC Energy's growth potential and market positioning in the evolving energy landscape
Read full SWOT analysis
TRP Full Pro Research
Institutional-Grade Stock Analysis
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Financial health at a glance
Bearish and bullish outlooks
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TC Energy Corp Earnings Call Summary for Q3/2024

  • TC Energy reported 9% increase in comparable EBITDA for Q2 2024; reaffirmed 2024 EBITDA target of $11.2-$11.5 billion
  • Company to introduce ~$7 billion in assets in 2024, $9 billion in 2025; South Bow spinoff to close in early Q4 2024
  • Indigenous communities to own stakes in NGTL and Foothill Systems; Southeast Gateway project in Mexico progressing well
  • Natural gas demand expected to surge 40 Bcf/day by 2035; TC Energy exploring opportunities in data center industry
  • Debt-to-EBITDA target of 4.75x by end of 2024 reaffirmed; $0.96 per common share Q3 dividend declared
Last Updated: 01/08/2024, 23:22
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Compare TRP to Peers and Sector

Metrics to compare
TRP
Peers
Sector
Relationship
P/E Ratio
13.5x13.2x4.6x
PEG Ratio
0.00−0.060.00
Price/Book
2.5x2.1x1.1x
Price / LTM Sales
4.1x1.3x1.1x
Upside (Analyst Target)
−12.2%18.4%32.6%
Fair Value Upside
Unlock16.3%9.6%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.9
Dividend Yield
4.97%
Industry Median 5.41%
Annualised payout
2.3112
Paid quarterly
5-Years Growth
+5.32%
Growth Streak

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FAQ

What Is the TC Energy (TRP) Stock Price Today?

The TC Energy stock price today is 46.47

What Stock Exchange Does TC Energy Trade On?

TC Energy is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for TC Energy?

The stock symbol for TC Energy is "TRP."

Does TC Energy Pay Dividends? What’s The Current Dividend Yield?

The TC Energy Corp dividend yield is 4.98%.

What Is the TC Energy Market Cap?

As of today, TC Energy market cap is 48.21B.

What is TC Energy Earnings Per Share?

The TC Energy EPS is 4.90.

What Is the Next TC Energy Earnings Date?

TC Energy will release its next earnings report on 13 Feb 2025.

From a Technical Analysis Perspective, Is TRP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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