TC Pipelines, LP Company Profile (NYSE:TCP)

About TC Pipelines, LP

TC Pipelines, LP logoTC PipeLines, LP is a limited partnership company that 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. The Company has approximately four pipelines and equity ownership interests in over three natural gas interstate pipeline systems that are collectively designed to transport natural gas from producing regions and import facilities to market hubs, and consuming markets primarily in the Western, Midwestern and Eastern United States. All of its pipeline systems are operated by subsidiaries of TransCanada. Its pipeline systems include Gas Transmission Northwest LLC (GTN), Northern Border Pipeline Company (Northern Border), Bison Pipeline LLC (Bison), Great Lakes Gas Transmission Limited Partnership (Great Lakes), North Baja Pipeline, LLC (North Baja), Tuscarora Gas Transmission Company (Tuscarora) and Portland Natural Gas Transmission System (PNGTS).

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TCP
  • CUSIP:
Key Metrics:
  • Previous Close: $55.00
  • 50 Day Moving Average: $53.17
  • 200 Day Moving Average: $53.53
  • 52-Week Range: $34.25 - $60.48
  • Trailing P/E Ratio: 168.71
  • Foreward P/E Ratio: 17.63
  • P/E Growth: 2.96
  • Market Cap: $3.63B
  • Outstanding Shares: 65,937,000
  • Beta: 0.73
Additional Links:
Companies Related to TC Pipelines, LP:

Analyst Ratings

Consensus Ratings for TC Pipelines, LP (NYSE:TCP) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.88)
Consensus Price Target: $54.14 (1.56% downside)

Analysts' Ratings History for TC Pipelines, LP (NYSE:TCP)
Show:
DateFirmActionRatingPrice TargetDetails
7/27/2016Citigroup Inc.Boost Price TargetNeutral$52.00 -> $57.00View Rating Details
7/20/2016Goldman Sachs Group Inc.Reiterated RatingNeutral$53.00View Rating Details
6/20/2016Barclays PLCDowngradeEqual Weight -> Underweight$53.00 -> $49.00View Rating Details
6/13/2016Royal Bank Of CanadaBoost Price TargetSector Perform$53.00 -> $61.00View Rating Details
5/27/2016JPMorgan Chase & Co.Boost Price TargetNeutral$53.00 -> $55.00View Rating Details
5/6/2016Ladenburg ThalmannDowngradeBuy -> Neutral$52.00 -> $54.00View Rating Details
4/13/2016Morgan StanleyInitiated CoverageUnderweightView Rating Details
12/21/2015Bank of America Corp.UpgradeNeutral -> Buy$50.00View Rating Details
(Data available from 9/24/2014 forward)

Earnings

Earnings History for TC Pipelines, LP (NYSE:TCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/4/2016        
8/4/2016Q2$0.64$0.76ViewN/AView Earnings Details
5/4/2016Q1$0.91$1.10ViewN/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$0.88ViewN/AView Earnings Details
2/25/2015Q4$0.63$0.71ViewN/AView Earnings Details
10/24/2014Q3$0.56$0.48$80.00 millionViewListenView Earnings Details
7/24/2014Q2$0.55$0.58ViewN/AView Earnings Details
4/28/2014Q113$0.60$0.90$104.66 millionViewN/AView Earnings Details
2/7/2014Q4$0.60$0.63ViewN/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: $3.28 EPS
Next Year EPS Consensus Estimate: $3.12 EPS

Dividends

Current Dividend Information for TC Pipelines, LP (NYSE:TCP)
Annual Dividend:$3.76
Dividend Yield:6.84%
Dividend Growth:3.70% (3 Year Average)
Payout Ratio:114.63% (Based on Current Year Consensus EPS Estimate)
120.51% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for TC Pipelines, LP (NYSE:TCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Latest Headlines for TC Pipelines, LP (NYSE:TCP)
DateHeadline
seekingalpha.com logoTC PipeLines' 6.8% Yield Is Secure While TransCanada's Merger With Columbia Pipeline Is A Positive Catalyst - Seeking Alpha (NYSE:TCP)
seekingalpha.com - September 24 at 10:22 AM
News IconHow Analysts Feel About TC Pipelines, LP (NYSE:TCP)? - Post News (NYSE:TCP)
www.kentuckypostnews.com - September 21 at 7:06 PM
News IconStock Down Over the Last Quarter: TC PipeLines, LP (NYSE:TCP) - Post News (NYSE:TCP)
www.kentuckypostnews.com - September 18 at 10:17 AM
News IconTC Pipelines, LP (TCP) Shares Up 2.1% - NewsDen (NYSE:TCP)
newsden.net - September 18 at 10:17 AM
nasdaq.com logoNoble Midstream Partners Prices IPO at $22.50/unit - Nasdaq (NYSE:TCP)
www.nasdaq.com - September 15 at 7:42 PM
News IconAnalysts Take the Wheel on TC PipeLines, LP (NYSE:TCP) Shares and Where They Might Be Headed - Frisco Fastball (NYSE:TCP)
friscofastball.com - September 15 at 7:42 PM
marketrealist.com logoHow Tallgrass Energy Partners’s Valuation Compares to Its Peers (NYSE:TCP)
marketrealist.com - September 14 at 11:58 AM
capitalcube.com logoETF’s with exposure to TC Pipelines LP : September 14, 2016 (NYSE:TCP)
www.capitalcube.com - September 14 at 11:58 AM
News IconStock Up Over the Past Five Trading Sessions: TC PipeLines, LP (NYSE:TCP) - Post News (NYSE:TCP)
www.kentuckypostnews.com - September 13 at 10:33 AM
capitalcube.com logoTC Pipelines LP – Value Analysis (NYSE:TCP) : September 12, 2016 (NYSE:TCP)
www.capitalcube.com - September 12 at 7:08 PM
capitalcube.com logoTC Pipelines LP breached its 50 day moving average in a Bullish Manner : TCP-US : September 9, 2016 (NYSE:TCP)
www.capitalcube.com - September 9 at 10:28 AM
News IconStock Struggling for the Quarter: TC PipeLines, LP (NYSE:TCP) - Post News (NYSE:TCP)
www.kentuckypostnews.com - September 4 at 10:31 AM
News IconShares Slipping Lower Over the Past Month: TC PipeLines, LP (NYSE:TCP) - Post News (NYSE:TCP)
www.kentuckypostnews.com - September 1 at 10:49 AM
finance.yahoo.com logoBuckeye (BPL) Gains from Strategic Buyouts, Risks Persist (NYSE:TCP)
finance.yahoo.com - August 30 at 11:00 AM
News IconShares Down for the Quarter: TC PipeLines, LP (NYSE:TCP) - Post News (NYSE:TCP)
www.kentuckypostnews.com - August 28 at 10:29 AM
News IconWhat is the Consensus on TC PipeLines, LP (NYSE:TCP) Shares? - Post News (NYSE:TCP)
www.kentuckypostnews.com - August 24 at 10:48 AM
capitalcube.com logoETF’s with exposure to TC Pipelines LP : August 23, 2016 (NYSE:TCP)
www.capitalcube.com - August 23 at 7:53 PM
News IconStock Gaining Over the Past Six Months: TC PipeLines, LP (NYSE:TCP) - Post News (NYSE:TCP)
www.kentuckypostnews.com - August 22 at 7:36 PM
News IconShare Valuation Review for TC PipeLines, LP (NYSE:TCP) - Post News (NYSE:TCP)
www.kentuckypostnews.com - August 20 at 7:15 PM
News IconStock Tracking Lower for the Quarter: TC PipeLines, LP (NYSE:TCP) - Post News (NYSE:TCP)
www.kentuckypostnews.com - August 20 at 7:15 PM
finance.yahoo.com logoTC PIPELINES LP Financials (NYSE:TCP)
finance.yahoo.com - August 11 at 8:18 PM
capitalcube.com logoTC Pipelines LP :TCP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:TCP)
www.capitalcube.com - August 10 at 8:17 PM
seekingalpha.com logoAugust Contender Dogs: Energy Sector Lives Here (NYSE:TCP)
seekingalpha.com - August 5 at 7:58 PM
biz.yahoo.com logoTC PIPELINES LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits (NYSE:TCP)
biz.yahoo.com - August 5 at 10:48 AM
marketrealist.com logoTC PipeLines Reports 15% Growth in 2Q16 Earnings (NYSE:TCP)
marketrealist.com - August 5 at 10:48 AM
marketrealist.com logo57% of Analysts Rate TC PipeLines a “Hold” after 2Q16 Earnings (NYSE:TCP)
marketrealist.com - August 5 at 10:48 AM
marketwired.com logoTC PipeLines, LP Announces 2016 Second Quarter Financial Results - Marketwired (press release) (NYSE:TCP)
www.marketwired.com - August 4 at 10:57 AM
tradecalls.org logoCitigroup Maintains TC Pipelines LP to Neutral with Price Target $57.00 - Trade Calls (NYSE:TCP)
www.tradecalls.org - August 4 at 10:57 AM
biz.yahoo.com logoTC PIPELINES LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:TCP)
biz.yahoo.com - August 4 at 10:57 AM
tradecalls.org logoGoldman Sachs Reinstates TC Pipelines LP to Neutral - Trade Calls (NYSE:TCP)
www.tradecalls.org - July 29 at 10:49 AM
capitalcube.com logoTC Pipelines LP breached its 50 day moving average in a Bearish Manner : TCP-US : July 29, 2016 (NYSE:TCP)
www.capitalcube.com - July 29 at 8:36 AM
nasdaq.com logoTC PipeLines, LP (TCP) Ex-Dividend Date Scheduled for July 28, 2016 - Nasdaq (NYSE:TCP)
www.nasdaq.com - July 28 at 8:04 PM
forbes.com logoEx-Dividend Reminder: Magellan Midstream Partners, TC PipeLines and Kinder Morgan - Forbes (NYSE:TCP)
www.forbes.com - July 26 at 8:12 PM
forbes.com logoEx-Dividend Reminder: Magellan Midstream Partners, TC PipeLines and Kinder Morgan (NYSE:TCP)
www.forbes.com - July 26 at 11:13 AM
marketwatch.com logoTC PipeLines, LP Increases 2016 Second Quarter Cash Distribution by Six Percent (NYSE:TCP)
www.marketwatch.com - July 22 at 10:39 AM
biz.yahoo.com logoTC PIPELINES LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:TCP)
biz.yahoo.com - July 22 at 6:03 AM
marketwatch.com logoTC PipeLines, LP Increases 2016 Second Quarter Cash Distribution by Six Percent - MarketWatch (NYSE:TCP)
www.marketwatch.com - July 21 at 8:04 PM
News IconStock Positive on the Year: TC PipeLines, LP (NYSE:TCP) - TGP (NYSE:TCP)
telanaganapress.com - July 20 at 10:40 AM
News IconEquity Roundup: Stock Performance Focus on TC PipeLines, LP (NYSE:TCP) - Press Telegraph (NYSE:TCP)
presstelegraph.com - July 20 at 10:40 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for TC PipeLines, LP (NYSE:TCP) - TGP (NYSE:TCP)
telanaganapress.com - July 20 at 10:40 AM
fidaily.com logoBarclays Downgrades Rating On TC PipeLines, LP Common Units r (TCP) To "Underweight" - Finance Daily (NYSE:TCP)
www.fidaily.com - July 20 at 10:40 AM
News IconStock Strength in Focus for TC PipeLines, LP (NYSE:TCP) - Press Telegraph (NYSE:TCP)
presstelegraph.com - July 20 at 10:40 AM
nasdaq.com logoTC PipeLines, LP Reaches Analyst Target Price - Nasdaq (NYSE:TCP)
www.nasdaq.com - July 20 at 10:40 AM
News IconShares Positive Over the Past Month: TC PipeLines, LP (NYSE:TCP) - TGP (NYSE:TCP)
telanaganapress.com - July 20 at 10:40 AM
news.cmlviz.com logoTC PipeLines, LP (NYSE:TCP) Fundamental Star Rating Report - CML News (NYSE:TCP)
news.cmlviz.com - July 20 at 10:40 AM
capitalcube.com logoTC Pipelines LP breached its 50 day moving average in a Bullish Manner : TCP-US : July 19, 2016 (NYSE:TCP)
www.capitalcube.com - July 19 at 8:13 AM
News IconArgyll Research LLC Decreased Stake in Tc Pipelines LP (NYSE:TCP) by $4.25 Million as Shares Declined - Consumer Eagle (NYSE:TCP)
www.consumereagle.com - July 15 at 6:44 PM
fiscalstandard.com logoBroker Outlook For TC PipeLines, LP (NYSE:TCP) - Fiscal Standard (NYSE:TCP)
www.fiscalstandard.com - July 15 at 6:44 PM
News IconTC PipeLines, LP (NYSE:TCP) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:TCP)
www.engelwooddaily.com - July 15 at 6:44 PM
news.cmlviz.com logoOption Market: TC PipeLines, LP Risk Hits A Lowered Level - CML News (NYSE:TCP)
news.cmlviz.com - July 15 at 6:44 PM

Social

TC Pipelines, LP (NYSE:TCP) Chart for Saturday, September, 24, 2016


Last Updated on 9/24/2016 by MarketBeat.com Staff