TC PipeLines, LP Company Profile (NYSE:TCP)

About TC PipeLines, LP (NYSE:TCP)

TC PipeLines, LP logoTC PipeLines, LP is a master limited partnership. The Company acquires, owns and participates in the management of energy infrastructure businesses in North America. The Company's pipeline systems transport natural gas in the United States. As of December 31, 2016, the Company had four pipelines and equity ownership interests in three natural gas interstate pipeline systems that are collectively designed to transport approximately 9.1 billion cubic feet per day of natural gas from producing regions and import facilities to market hubs and consuming markets primarily in the Western, Midwestern and Eastern United States. The Company's pipeline systems include Gas Transmission Northwest LLC (GTN), Bison Pipeline LLC (Bison), North Baja Pipeline, LLC (North Baja), Tuscarora Gas Transmission Company (Tuscarora), Northern Border Pipeline Company (Northern Border), Portland Natural Gas Transmission System (PNGTS), and Great Lakes Gas Transmission Limited Partnership (Great Lakes).

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Natural Gas Pipeline
  • Sub-Industry: N/A
  • Symbol: NYSE:TCP
  • CUSIP: N/A
  • Web: www.tcpipelineslp.com
Capitalization:
  • Market Cap: $3.73992 billion
  • Outstanding Shares: 68,938,000
Average Prices:
  • 50 Day Moving Avg: $56.58
  • 200 Day Moving Avg: $58.39
  • 52 Week Range: $47.12 - $65.03
P/E:
  • Trailing P/E Ratio: 16.86
  • Foreward P/E Ratio: 17.12
  • P/E Growth: 3.90
Sales & Book Value:
  • Annual Revenue: $477 million
  • Price / Sales: 7.75
  • Book Value: $17.41 per share
  • Price / Book: 3.08
Dividend:
  • Annual Dividend: $3.76
  • Dividend Yield: 6.9%
Profitability:
  • EBIDTA: $399 million
  • Net Margins: 64.17%
  • Return on Equity: 19.04%
  • Return on Assets: 7.29%
Debt:
  • Debt-to-Equity Ratio: 1.39%
  • Current Ratio: 1.62%
  • Quick Ratio: 1.52%
Misc:
  • Average Volume: 153,541 shs.
  • Beta: 0.97
  • Short Ratio: 3.31
 

Frequently Asked Questions for TC PipeLines, LP (NYSE:TCP)

What is TC PipeLines, LP's stock symbol?

TC PipeLines, LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCP."

How often does TC PipeLines, LP pay dividends? What is the dividend yield for TC PipeLines, LP?

TC PipeLines, LP announced a quarterly dividend on Wednesday, April 26th. Shareholders of record on Friday, May 5th will be paid a dividend of $0.94 per share on Monday, May 15th. This represents a $3.76 annualized dividend and a yield of 7.01%. The ex-dividend date is Wednesday, May 3rd. View TC PipeLines, LP's Dividend History.

How were TC PipeLines, LP's earnings last quarter?

TC PipeLines, LP (NYSE:TCP) released its quarterly earnings results on Thursday, May, 4th. The company reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.98 by $0.07. The business had revenue of $89 million for the quarter, compared to analysts' expectations of $128 million. TC PipeLines, LP had a return on equity of 19.04% and a net margin of 64.17%. View TC PipeLines, LP's Earnings History.

When will TC PipeLines, LP make its next earnings announcement?

TC PipeLines, LP is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for TC PipeLines, LP.

Where is TC PipeLines, LP's stock going? Where will TC PipeLines, LP's stock price be in 2017?

7 analysts have issued 12-month price targets for TC PipeLines, LP's shares. Their forecasts range from $53.00 to $67.00. On average, they expect TC PipeLines, LP's stock price to reach $59.50 in the next year. View Analyst Ratings for TC PipeLines, LP.

Who are some of TC PipeLines, LP's key competitors?

Who are TC PipeLines, LP's key executives?

TC PipeLines, LP's management team includes the folowing people:

  • Karl R. Johannson, Chairman of the Board of General Partner
  • Brandon M. Anderson, President, Principal Executive Officer and Director of General Partner
  • Nathan Brown, Controller, Principal Financial Officer of General Partner
  • Janine Michele Watson, Vice President, General Manager of General Partner
  • Nancy F. Priemer, Vice-President, Taxation of General Partner
  • William C. Morris, Treasurer of General Partner
  • Jon A. Dobson, Secretary of General Partner
  • M Catharine Davis, Director of General Partner
  • Joel Hunter, Director of General Partner
  • Jack F. Jenkins-Stark, Independent Director of General Partner

Who owns TC PipeLines, LP stock?

TC PipeLines, LP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include OppenheimerFunds Inc. (14.91%), Center Coast Capital Advisors LP (5.63%), Clearbridge Investments LLC (2.95%), UBS Group AG (2.85%), Argyll Research LLC (2.73%) and Kayne Anderson Capital Advisors LP (2.02%). View Institutional Ownership Trends for TC PipeLines, LP.

Who sold TC PipeLines, LP stock? Who is selling TC PipeLines, LP stock?

TC PipeLines, LP's stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, OppenheimerFunds Inc., Center Coast Capital Advisors LP, Evergreen Capital Management LLC, Argyll Research LLC, Wells Fargo & Company MN, Tiedemann Wealth Management LLC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for TC PipeLines, LP.

Who bought TC PipeLines, LP stock? Who is buying TC PipeLines, LP stock?

TC PipeLines, LP's stock was acquired by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, First Trust Advisors LP, Goldman Sachs Group Inc., Neuberger Berman Group LLC, Driehaus Capital Management LLC, Jennison Associates LLC, Infrastructure Capital Advisors LLC and Global X Management Co. LLC. View Insider Buying and Selling for TC PipeLines, LP.

How do I buy TC PipeLines, LP stock?

Shares of TC PipeLines, LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TC PipeLines, LP's stock price today?

One share of TC PipeLines, LP stock can currently be purchased for approximately $53.60.


MarketBeat Community Rating for TC PipeLines, LP (NYSE TCP)
Community Ranking:  1.3 out of 5 ()
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  276
MarketBeat's community ratings are surveys of what our community members think about TC PipeLines, LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TC PipeLines, LP (NYSE:TCP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $59.50 (11.01% upside)

Analysts' Ratings History for TC PipeLines, LP (NYSE:TCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017Wolfe ResearchInitiated CoverageMarket Perform$60.00LowView Rating Details
3/7/2017Barclays PLCBoost Price TargetUnderweight -> Underweight$48.00 -> $59.00N/AView Rating Details
1/20/2017Ladenburg Thalmann Financial ServicesInitiated CoverageNeutral$61.00N/AView Rating Details
1/6/2017Royal Bank Of CanadaReiterated RatingBuy$67.00N/AView Rating Details
11/9/2016Wells Fargo & CompanyReiterated RatingHold -> NeutralN/AView Rating Details
7/27/2016Citigroup Inc.Boost Price TargetNeutral$52.00 -> $57.00N/AView Rating Details
7/20/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$53.00N/AView Rating Details
5/27/2016J P Morgan Chase & CoBoost Price TargetNeutral$53.00 -> $55.00N/AView Rating Details
4/13/2016Morgan StanleyInitiated CoverageUnderweightN/AView Rating Details
12/21/2015Bank of America CorporationUpgradeNeutral -> Buy$50.00N/AView Rating Details
(Data available from 6/28/2015 forward)

Earnings

Earnings History for TC PipeLines, LP (NYSE:TCP)
Earnings by Quarter for TC PipeLines, LP (NYSE:TCP)
Earnings History by Quarter for TC PipeLines, LP (NYSE TCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
5/4/2017Q1 2017$0.98$1.05$128.00 million$89.00 millionViewListenView Earnings Details
2/27/2017Q4 2016$0.79$0.70$132.11 million$91.00 millionViewListenView Earnings Details
11/4/2016Q3 2016$0.62$0.65$97.80 million$91.00 millionViewN/AView Earnings Details
5/4/2016Q1$0.91$1.10$86.00 millionViewN/AView Earnings Details
2/25/2016Q4$0.73$0.79$102.50 million$89.00 millionViewListenView Earnings Details
11/6/2015Q315$0.56$0.70$10.00 million$83.00 millionViewN/AView Earnings Details
8/6/2015Q2$0.62$0.66$82.00 million$85.00 millionViewN/AView Earnings Details
5/7/2015$0.75$0.88$89.20 million$87.00 millionViewN/AView Earnings Details
2/25/2015Q4$0.63$0.71$139.40 million$87.00 millionViewN/AView Earnings Details
10/24/2014Q3$0.56$0.48$85.30 million$80.00 millionViewListenView Earnings Details
7/24/2014Q2$0.55$0.58ViewN/AView Earnings Details
4/28/2014Q113$0.60$0.90$91.64 million$87.00 millionViewN/AView Earnings Details
2/7/2014Q4$0.60$0.63$81.45 million$88.00 millionViewN/AView Earnings Details
10/25/2013$0.68$0.58ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TC PipeLines, LP (NYSE:TCP)
Current Year EPS Consensus Estimate: $3.21 EPS
Next Year EPS Consensus Estimate: $3.13 EPS

Dividends

Current Dividend Information for TC PipeLines, LP (NYSE:TCP)
Most Recent Dividend:5/15/2017
Annual Dividend:$3.76
Dividend Yield:7.01%
Dividend Growth:4.80% (3 Year Average)
Payout Ratio:118.99% (Trailing 12 Months of Earnings)
117.13% (Based on This Year's Estimates)
120.13% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for TC PipeLines, LP (NYSE:TCP)

Dividend History by Quarter for TC PipeLines, LP (NYSE TCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017quarterly$0.946.21%5/3/20175/5/20175/15/2017
1/24/2017quarterly$0.946.3%1/31/20172/2/20172/14/2017
10/21/2016quarterly$0.946.7%10/28/201611/1/201611/14/2016
7/21/2016quarterly$0.946.38%7/28/20168/1/20168/12/2016
4/21/2016quarterly$0.896.51%4/28/20165/2/20165/13/2016
1/22/2016quarterly$0.898.53%1/29/20162/2/20162/12/2016
10/22/2015Quarterly$0.8910/30/201511/3/201511/13/2015
7/23/2015$0.897/31/20158/4/20158/14/2015
4/24/2015quarterly$0.845.05%5/1/20155/5/20155/15/2015
1/23/2015quarterly$0.844.96%1/30/20152/3/20152/13/2015
10/24/2014quarterly$0.845.44%10/31/201411/4/201411/14/2014
7/24/2014quarterly$0.846.35%8/1/20148/5/20148/14/2014
4/28/2014quarterly$0.816.11%5/1/20145/5/20145/15/2014
1/17/2014quarterly$0.816.92%1/24/20141/28/20142/14/2014
10/28/2013quarterly$0.816.37%11/1/201311/5/201311/14/2013
7/25/2013quarterly$0.816.45%8/1/20138/5/20138/14/2013
4/25/2013quarterly$0.786.47%5/2/20135/6/20135/15/2013
1/18/2013quarterly$0.787.21%1/25/20131/29/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TC PipeLines, LP (NYSE:TCP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for TC PipeLines, LP (NYSE:TCP)
Latest Headlines for TC PipeLines, LP (NYSE:TCP)
Source:
DateHeadline
americanbankingnews.com logoTC PipeLines, LP (TCP) Downgraded by BidaskClub
www.americanbankingnews.com - June 22 at 4:46 PM
finance.yahoo.com logoETFs with exposure to TC Pipelines LP : June 20, 2017
finance.yahoo.com - June 21 at 6:05 AM
finance.yahoo.com logoTC Pipelines LP :TCP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 20 at 8:26 AM
americanbankingnews.com logoTC PipeLines, LP (TCP) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 13 at 10:50 PM
nasdaq.com logoTC PipeLines Shares Enter Oversold Territory
www.nasdaq.com - June 13 at 9:34 AM
americanbankingnews.com logoTC Pipelines, LP (TCP) Lowered to Sell at BidaskClub
www.americanbankingnews.com - June 10 at 4:56 PM
nasdaq.com logoTC PipeLines (TCP) Shares Cross Above 200 DMA
www.nasdaq.com - June 2 at 1:39 AM
finance.yahoo.com logoTC PipeLines, LP Completes Acquisition of Interests in Iroquois and PNGTS
finance.yahoo.com - June 2 at 1:39 AM
finance.yahoo.com logoTC PipeLines, LP to Attend 2017 MLPA Investor Conference
finance.yahoo.com - May 30 at 7:46 PM
finance.yahoo.com logoUPDATE: TC PipeLines, LP to Attend 2017 MLPA Investor Conference
finance.yahoo.com - May 30 at 7:46 PM
americanbankingnews.com logoTC Pipelines, LP (TCP) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 19 at 8:32 PM
americanbankingnews.com logoTC Pipelines, LP (TCP) Now Covered by Analysts at Wolfe Research
www.americanbankingnews.com - May 12 at 1:02 PM
americanbankingnews.com logoTC Pipelines, LP (TCP) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 9 at 12:14 PM
finance.yahoo.com logoEdited Transcript of TCP earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 6 at 9:20 AM
americanbankingnews.com logoTC Pipelines, LP (TCP) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS
www.americanbankingnews.com - May 5 at 8:32 PM
americanbankingnews.com logoTC Pipelines, (TCP) Getting Somewhat Positive Press Coverage, Study Shows
www.americanbankingnews.com - May 3 at 9:14 PM
finance.yahoo.com logoTC Pipelines LP : TCP-US: Dividend Analysis : May 05th, 2017 (record date) : By the numbers : May 3, 2017
finance.yahoo.com - May 3 at 6:22 PM
americanbankingnews.com logoTC Pipelines, LP (TCP) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - May 2 at 4:36 PM
americanbankingnews.com logoTC Pipelines, LP (TCP) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - May 2 at 2:26 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Affect TC Pipelines, (TCP) Share Price
www.americanbankingnews.com - April 29 at 6:11 PM
finance.yahoo.com logoTC Pipelines LP – Value Analysis (NYSE:TCP) : April 27, 2017
finance.yahoo.com - April 27 at 9:04 PM
streetinsider.com logoTC PipeLines LP (TCP) Declares $0.94 Quarterly Dividend; 6.2% Yield
www.streetinsider.com - April 26 at 9:37 PM
americanbankingnews.com logoTC Pipelines, (TCP) Receives Media Impact Score of 0.31
www.americanbankingnews.com - April 26 at 7:34 PM
americanbankingnews.com logoTC Pipelines, LP (TCP) to Issue $0.94 Quarterly Dividend
www.americanbankingnews.com - April 26 at 7:04 PM
finance.yahoo.com logoTC Pipelines LP breached its 50 day moving average in a Bullish Manner : TCP-US : April 26, 2017
finance.yahoo.com - April 26 at 8:52 AM
finance.yahoo.com logoTC PipeLines, LP Announces First Quarter 2017 Cash Distribution
finance.yahoo.com - April 25 at 7:08 PM
americanbankingnews.com logoTC Pipelines, LP (TCP) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 24 at 10:35 PM
finance.yahoo.com logoTC PipeLines, LP to Release First Quarter 2017 Results on May 4
finance.yahoo.com - April 20 at 9:02 PM
americanbankingnews.com logoTC Pipelines, (TCP) Earning Somewhat Negative Press Coverage, Report Shows
www.americanbankingnews.com - April 20 at 5:51 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Extremely Likely to Effect TC Pipelines, (TCP) Stock Price
www.americanbankingnews.com - April 15 at 12:57 PM
finance.yahoo.com logo3 ways to play rising oil: Gartman
finance.yahoo.com - April 11 at 7:56 PM
nasdaq.com logoWhy Is TC PipeLines (TCP) Down 3.4% Since the Last Earnings Report? - Nasdaq
www.nasdaq.com - April 1 at 5:33 AM
finance.yahoo.com logoWhy Is TC PipeLines (TCP) Down 3.4% Since the Last Earnings Report?
finance.yahoo.com - March 31 at 2:36 AM
americanbankingnews.com logoTC Pipelines, LP (TCP) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - March 30 at 2:01 PM
finance.yahoo.com logoTC PIPELINES LP Financials
finance.yahoo.com - March 4 at 7:57 PM
us.rd.yahoo.com logoEdited Transcript of TCP earnings conference call or presentation 27-Feb-17 3:00pm GMT
us.rd.yahoo.com - February 28 at 7:46 PM
biz.yahoo.com logoTC PIPELINES LP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 7:46 PM
seekingalpha.com logoTC PipeLines, LP (TCP) Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 27 at 4:57 PM
biz.yahoo.com logoQ4 2016 TC PipeLines LP Earnings Release - Before Market Open
us.rd.yahoo.com - February 27 at 4:57 PM
finance.yahoo.com logoTransCanada to sell two U.S. pipeline stakes to raise funds
finance.yahoo.com - February 27 at 4:57 PM
finance.yahoo.com logoTC PipeLines, LP to Release Fourth Quarter and Year End 2016 Financial Results on February 27
finance.yahoo.com - February 13 at 3:38 PM
biz.yahoo.com logoTC PIPELINES LP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 13 at 3:38 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: TransCanada, Energy Transfer Partners, Sunoco Logistics Partners, Plains All American Pipeline and TC PipeLines
finance.yahoo.com - February 4 at 3:47 AM
finance.yahoo.com logoTrump on Track to Revitalize Keystone & Dakota, MLPs Gain - Yahoo Finance
finance.yahoo.com - January 26 at 6:13 AM
streetinsider.com logoTC PipeLines LP (TCP) Declares $0.94 Quarterly Dividend; 6.5% Yield - StreetInsider.com
www.streetinsider.com - January 25 at 6:25 AM
streetinsider.com logoTC PipeLines LP (TCP) Declares $0.94 Quarterly Dividend; 6.5% Yield
www.streetinsider.com - January 23 at 11:20 PM
finance.yahoo.com logoTC PipeLines, LP Announces 2016 Fourth Quarter Cash Distribution
finance.yahoo.com - January 23 at 11:20 PM
biz.yahoo.com logoTC PIPELINES LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - January 23 at 11:20 PM
streetinsider.com logoUPDATE: Ladenburg Thalmann Starts TC Pipelines (TCP) at Neutral - StreetInsider.com
www.streetinsider.com - January 21 at 7:54 PM
streetinsider.com logoUPDATE: Ladenburg Thalmann Starts TC Pipelines (TCP) at Neutral
www.streetinsider.com - January 21 at 3:08 AM

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Chart

TC PipeLines, LP (TCP) Chart for Wednesday, June, 28, 2017

This page was last updated on 6/28/2017 by MarketBeat.com Staff