NYSE:TCP - TC Pipelines Stock Price, News, & Analysis

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$33.92 -0.06 (-0.18 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$33.92
Today's Range$33.85 - $35.62
52-Week Range$22.64 - $51.48
Volume148,632 shs
Average Volume197,671 shs
Market Capitalization$2.42 billion
P/E Ratio8.11
Dividend Yield7.65%
Beta0.75
TC PipeLines, LP acquires, owns, and participates in the management of energy infrastructure businesses in North America. The company has interests in eight natural gas interstate pipeline systems that transport approximately 10.4 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. It serves large utilities, local distribution companies, natural gas marketers, producing companies, and other interstate pipelines, including affiliates. TC PipeLines GP, Inc. operates as a general partner of the company. TC PipeLines, LP was founded in 1998 and is based in Houston, Texas.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Previous SymbolNASDAQ:TCLP
CUSIPN/A
Phone877-290-2772

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$549 million
Cash Flow$4.9663 per share
Book Value$15.13 per share

Profitability

Net Income$252 million

Miscellaneous

EmployeesN/A
Market Cap$2.42 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

TC Pipelines (NYSE:TCP) Frequently Asked Questions

What is TC Pipelines' stock symbol?

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

How often does TC Pipelines pay dividends? What is the dividend yield for TC Pipelines?

TC Pipelines announced a quarterly dividend on Wednesday, January 23rd. Shareholders of record on Friday, February 1st will be paid a dividend of $0.65 per share on Monday, February 11th. This represents a $2.60 dividend on an annualized basis and a yield of 7.67%. The ex-dividend date of this dividend is Thursday, January 31st. View TC Pipelines' Dividend History.

How were TC Pipelines' earnings last quarter?

TC Pipelines, LP (NYSE:TCP) posted its quarterly earnings results on Thursday, February, 21st. The pipeline company reported $1.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.83 by $0.23. The pipeline company had revenue of $220 million for the quarter. TC Pipelines had a positive return on equity of 27.60% and a negative net margin of 33.15%. View TC Pipelines' Earnings History.

When is TC Pipelines' next earnings date?

TC Pipelines is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for TC Pipelines.

What price target have analysts set for TCP?

11 analysts have issued 1-year price objectives for TC Pipelines' shares. Their forecasts range from $23.00 to $67.00. On average, they expect TC Pipelines' stock price to reach $41.4444 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for TC Pipelines.

What is the consensus analysts' recommendation for TC Pipelines?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Pipelines in the last year. There are currently 6 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for TC Pipelines.

Has TC Pipelines been receiving favorable news coverage?

News stories about TCP stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. TC Pipelines earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are some of TC Pipelines' key competitors?

What other stocks do shareholders of TC Pipelines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TC Pipelines investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Energy Transfer LP Unit (ET), Chipotle Mexican Grill (CMG), Micron Technology (MU), AT&T (T), Athabasca Oil (ATH), Buckeye Partners (BPL) and Aegean Marine Petroleum Network (ANW).

Who are TC Pipelines' key executives?

TC Pipelines' management team includes the folowing people:
  • Mr. Nathaniel Alan Brown, Pres & Director of TC PipeLines GP, Inc. (Age 42)
  • Mr. Jon A. Dobson, Sec. of TC Pipelines GP Inc (Age 52)
  • Ms. Janine M. Watson, VP & GM of TC Pipelines GP Inc. (Age 49)
  • Mr. William C. Morris, VP, Principal Financial Officer & Treasurer (Age 56)
  • Ms. Rhonda L. Amundson, Mang., Investor Relations (Age 57)

Who are TC Pipelines' major shareholders?

TC Pipelines' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Energy Income Partners LLC (10.10%), Alps Advisors Inc. (7.55%), Mirae Asset Global Investments Co. Ltd. (1.17%), Kayne Anderson Capital Advisors LP (0.64%), Municipal Employees Retirement System of Michigan (0.29%) and Citigroup Inc. (0.18%).

Which major investors are selling TC Pipelines stock?

TCP stock was sold by a variety of institutional investors in the last quarter, including Fort Washington Investment Advisors Inc. OH, Freestone Capital Holdings LLC, Virtu Financial LLC, California Public Employees Retirement System, Bank of Montreal Can, Conning Inc., Captrust Financial Advisors and Albert D Mason Inc..

Which major investors are buying TC Pipelines stock?

TCP stock was acquired by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Energy Income Partners LLC, Municipal Employees Retirement System of Michigan, First Trust Advisors LP, Kayne Anderson Capital Advisors LP, Hsbc Holdings PLC, Citigroup Inc. and SG Americas Securities LLC.

How do I buy shares of TC Pipelines?

Shares of TCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TC Pipelines' stock price today?

One share of TCP stock can currently be purchased for approximately $33.92.

How big of a company is TC Pipelines?

TC Pipelines has a market capitalization of $2.42 billion and generates $549 million in revenue each year. The pipeline company earns $252 million in net income (profit) each year or $4.18 on an earnings per share basis.

What is TC Pipelines' official website?

The official website for TC Pipelines is http://www.tcpipelineslp.com.

How can I contact TC Pipelines?

TC Pipelines' mailing address is 700 Louisiana Street Suite700, Houston TX, 77002. The pipeline company can be reached via phone at 877-290-2772 or via email at [email protected]


MarketBeat Community Rating for TC Pipelines (NYSE TCP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  566
MarketBeat's community ratings are surveys of what our community members think about TC Pipelines and other stocks. Vote "Outperform" if you believe TCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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