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: $62.92
  • 50 Day Moving Average: $59.63
  • 200 Day Moving Average: $55.22
  • 52-Week Range: $38.57 - $63.50
  • Trailing P/E Ratio: 215.48
  • Foreward P/E Ratio: 19.60
  • P/E Growth: 3.19
  • Market Cap: $4.22B
  • Outstanding Shares: 67,012,000
  • Beta: 0.92
Profitability:
  • Net Margins: 9.01%
  • Return on Equity: 20.15%
  • Return on Assets: 7.26%
Debt:
  • Debt-to-Equity Ratio: 1.60%
  • Current Ratio: 1.56%
  • Quick Ratio: 1.47%
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, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $58.43 (7.14% downside)

Analysts' Ratings History for TC PipeLines, LP (NYSE:TCP)
Show:
DateFirmActionRatingPrice TargetDetails
1/20/2017Ladenburg Thalmann Financial ServicesInitiated CoverageNeutral$61.00View Rating Details
1/6/2017RBC Capital MarketsReiterated RatingBuy$67.00View Rating Details
12/12/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$61.00 -> $67.00View Rating Details
11/9/2016Wells Fargo & CompanyReiterated RatingHold -> NeutralView Rating Details
7/27/2016Citigroup Inc.Boost Price TargetNeutral$52.00 -> $57.00View Rating Details
7/20/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$53.00View Rating Details
6/20/2016Barclays PLCDowngradeEqual Weight -> Underweight$53.00 -> $49.00View Rating Details
5/27/2016J P Morgan Chase & CoBoost Price TargetNeutral$53.00 -> $55.00View Rating Details
4/13/2016Morgan StanleyInitiated CoverageUnderweightView Rating Details
12/21/2015Bank of America CorpUpgradeNeutral -> Buy$50.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for TC PipeLines, LP (NYSE:TCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
11/4/2016Q3 2016$0.62$0.65$97.80 million$91.00 millionViewN/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: $3.30 EPS
Next Year EPS Consensus Estimate: $3.21 EPS

Dividends

Current Dividend Information for TC PipeLines, LP (NYSE:TCP)
Annual Dividend:$3.76
Dividend Yield:5.98%
Dividend Growth:4.80% (3 Year Average)
Payout Ratio:1,392.64% (Based on Trailing 12 Months of Earnings)
113.94% (Based on Current Year Consensus EPS Estimate)
117.13% (Based on Next Year Consensus EPS Estimate)
Track Record:7 Years of Consecutive Dividend Growth

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

Latest Headlines for TC PipeLines, LP (NYSE:TCP)
DateHeadline
marketexclusive.com logoTC PipeLines, LP (NYSE:TCP) Files An 8-K Regulation FD Disclosure (NYSE:TCP)
marketexclusive.com - February 16 at 7:59 PM
News IconChartists Perspective on TC PipeLines, LP (NYSE:TCP) - Baldwin Journal (NYSE:TCP)
baldwinjournal.com - February 15 at 6:23 AM
finance.yahoo.com logoTC PipeLines, LP to Release Fourth Quarter and Year End 2016 Financial Results on February 27 (NYSE:TCP)
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 (NYSE:TCP)
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 (NYSE:TCP)
finance.yahoo.com - February 4 at 3:47 AM
News IconStocks Wilt on Friday But Pull Off Positive Week, How Did This One ... - Wall Street Beacon (NYSE:TCP)
wsbeacon.com - January 28 at 9:26 PM
News IconStock Continues Its Ascent, Reaching New High: TC PipeLines, LP (NYSE:TCP) - Wall Street Beacon (NYSE:TCP)
wsbeacon.com - January 28 at 6:53 AM
finance.yahoo.com logoTrump on Track to Revitalize Keystone & Dakota, MLPs Gain - Yahoo Finance (NYSE:TCP)
finance.yahoo.com - January 26 at 6:13 AM
News IconTrading Watch: ADX and CCI Review for TC PipeLines LP (TCP) - Springdale Times (NYSE:TCP)
springdaletimes.com - January 26 at 6:13 AM
News IconEarnings in Full Force, Analysts Take Aim at TC PipeLines, LP (NYSE:TCP) - Wall Street Beacon (NYSE:TCP)
wsbeacon.com - January 26 at 6:13 AM
News IconAre Analysts Predicting a Near-Term Upswing For TC PipeLines, LP (NYSE:TCP)? - Wall Street Beacon (NYSE:TCP)
wsbeacon.com - January 25 at 6:25 AM
streetinsider.com logoTC PipeLines LP (TCP) Declares $0.94 Quarterly Dividend; 6.5% Yield - StreetInsider.com (NYSE:TCP)
www.streetinsider.com - January 25 at 6:25 AM
streetinsider.com logoTC PipeLines LP (TCP) Declares $0.94 Quarterly Dividend; 6.5% Yield (NYSE:TCP)
www.streetinsider.com - January 23 at 11:20 PM
finance.yahoo.com logoTC PipeLines, LP Announces 2016 Fourth Quarter Cash Distribution (NYSE:TCP)
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 (NYSE:TCP)
biz.yahoo.com - January 23 at 11:20 PM
streetinsider.com logoUPDATE: Ladenburg Thalmann Starts TC Pipelines (TCP) at Neutral - StreetInsider.com (NYSE:TCP)
www.streetinsider.com - January 21 at 7:54 PM
streetinsider.com logoUPDATE: Ladenburg Thalmann Starts TC Pipelines (TCP) at Neutral (NYSE:TCP)
www.streetinsider.com - January 21 at 3:08 AM
us.rd.yahoo.com logoCoverage initiated on TC Pipelines by Ladenburg Thalmann (NYSE:TCP)
us.rd.yahoo.com - January 21 at 3:08 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on TC PipeLines, LP (NYSE:TCP) - Wall Street Beacon (NYSE:TCP)
wsbeacon.com - January 17 at 11:16 PM
News IconWill The Needle Move For TC PipeLines, LP (NYSE:TCP) Shares This Earnings Season? - Wall Street Beacon (NYSE:TCP)
wsbeacon.com - January 12 at 2:19 AM
us.rd.yahoo.com logoWhat Does Short Interest in TC PipeLines Indicate? (NYSE:TCP)
us.rd.yahoo.com - January 10 at 1:19 AM
marketexclusive.com logoAnalyst Activity – RBC Capital Markets Reiterates Buy on TC PipeLines, LP (NYSE:TCP) (NYSE:TCP)
marketexclusive.com - January 9 at 1:19 AM
marketexclusive.com logoAnalyst Activity – RBC Capital Markets Reiterates Buy on TC PipeLines, LP (NYSE:TCP) - Market Exclusive (NYSE:TCP)
marketexclusive.com - January 7 at 1:20 AM
marketrealist.com logoAre Institutional Investors Increasing Their TCP Holdings? (NYSE:TCP)
marketrealist.com - January 6 at 8:20 PM
News IconEV in Focus on Shares of TC PipeLines, LP (NYSE:TCP) - Wall Street Beacon (NYSE:TCP)
wsbeacon.com - January 6 at 3:18 PM
marketrealist.com logoTC PipeLines Might Benefit from TransCanada in 2017 (NYSE:TCP)
marketrealist.com - January 6 at 3:18 PM
marketrealist.com logoWhat Do Analysts Recommend for TC PipeLines? (NYSE:TCP)
marketrealist.com - January 6 at 3:18 PM
marketrealist.com logoWhat Does TC PipeLines’ Leverage Indicate? (NYSE:TCP)
marketrealist.com - January 6 at 3:18 PM
marketrealist.com logoAnalyzing TC PipeLines’ Distributions and Capital Expenditures (NYSE:TCP)
marketrealist.com - January 6 at 3:18 PM
finance.yahoo.com logoAn MLP With 17 Consecutive Years of Distribution Growth & a 6.4% Yield (NYSE:TCP)
finance.yahoo.com - January 6 at 3:18 PM
marketrealist.com logoTC PipeLines’ Contract Structures Provide Cash Flow Stability (NYSE:TCP)
marketrealist.com - January 6 at 3:18 PM
News IconCompany Stock Review for TC PipeLines, LP (NYSE:TCP) - Wall Street Beacon (NYSE:TCP)
wsbeacon.com - January 1 at 8:05 AM
News IconDividend Growth Investors Earn 7% from This Pipeline (NYSE:TCP)
www.dividends4life.com - December 26 at 8:49 AM
insidermonkey.com logoIs TC Pipelines, LP (TCP) A Good Stock to Buy? - Insider Monkey (blog) (NYSE:TCP)
www.insidermonkey.com - December 23 at 8:21 PM
News IconTracking the Numbers on TC PipeLines, LP (NYSE:TCP) - Marion Business Daily (NYSE:TCP)
marionbusinessdaily.com - December 22 at 3:58 AM
News IconIs TC Pipelines, LP (TCP) A Good Stock to Buy? (NYSE:TCP)
feedproxy.google.com - December 21 at 7:23 AM
capitalcube.com logoTC Pipelines LP – Value Analysis (NYSE:TCP) : December 20, 2016 (NYSE:TCP)
www.capitalcube.com - December 20 at 2:59 PM
capitalcube.com logoTC Pipelines LP breached its 50 day moving average in a Bullish Manner : TCP-US : December 19, 2016 (NYSE:TCP)
www.capitalcube.com - December 19 at 10:50 AM
News IconAnalysts At RBC Capital Markets Upgraded TC Pipelines (NYSE:TCP) To Outperform (NYSE:TCP)
canalcncarauca.com - December 12 at 8:16 PM
marketexclusive.com logoAnalyst Upgrades – TC Pipelines, LP (NYSE:TCP) Stock Gets Upgraded By RBC Capital Markets from Sector Perform to Outperform (NYSE:TCP)
marketexclusive.com - December 12 at 8:16 PM
finance.yahoo.com logoTC Pipelines upgraded by RBC Capital Mkts (NYSE:TCP)
finance.yahoo.com - December 12 at 8:16 PM
News IconRating Alert: Is TC Pipelines (NYSE:TCP) Worth Your Time After Placed RBC Capital’s Upgrade? (NYSE:TCP)
www.whatsonthorold.com - December 12 at 8:46 AM
News IconLooking at the Numbers for TC PipeLines, LP (NYSE:TCP) - Marion Business Daily (NYSE:TCP)
marionbusinessdaily.com - December 10 at 7:18 PM
News IconWatching the Numbers for TC PipeLines, LP (NYSE:TCP) - Business Daily Leader (NYSE:TCP)
businessdailyleader.com - December 10 at 1:04 AM
News IconStock Spotlight: Looking at the Levels for TC PipeLines, LP (NYSE:TCP) - Marion Business Daily (NYSE:TCP)
marionbusinessdaily.com - December 7 at 8:13 AM
investors.com logoDividend Growth Investors: Earn 7% from This Pipeline - Income Investors (NYSE:TCP)
www.incomeinvestors.com - December 3 at 9:28 AM
marketwired.com logoTC PipeLines, LP to Attend 15th Annual Wells Fargo Pipeline, MLP and Utility Symposium - Marketwired (press release) (NYSE:TCP)
www.marketwired.com - December 3 at 9:28 AM
News IconTC PipeLines, LP to Attend 15th Annual Wells Fargo Pipeline, MLP and Utility Symposium - Yahoo Sports (NYSE:TCP)
sports.yahoo.com - December 2 at 11:13 AM
finance.yahoo.com logoTC PipeLines, LP to Attend 15th Annual Wells Fargo Pipeline, MLP and Utility Symposium (NYSE:TCP)
finance.yahoo.com - December 1 at 8:02 PM
News IconShares in Focus: TC PipeLines, LP (NYSE:TCP) - Marion Business Daily (NYSE:TCP)
marionbusinessdaily.com - November 30 at 10:52 PM

Social

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 declared a quarterly dividend on Tuesday, January 24th. Shareholders of record on Thursday, February 2nd will be paid a dividend of $0.94 per share on Tuesday, February 14th. This represents a $3.76 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Tuesday, January 31st.

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

9 brokerages have issued 12 month price objectives for TC PipeLines, LP's shares. Their forecasts range from $49.00 to $67.00. On average, they anticipate TC PipeLines, LP's stock price to reach $58.43 in the next year.

When will TC PipeLines, LP announce their earnings?

TC PipeLines, LP is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns TC PipeLines, LP stock?

TC PipeLines, LP's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Energy Income Partners LLC (5.33%), Advisory Research Inc. (3.67%), Argyll Research LLC (2.84%), Allianz Asset Management AG (1.11%), Texas Yale Capital Corp. (0.21%) and Blackhill Capital Inc. (0.21%).

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 Renaissance Technologies LLC, Advisory Research Inc., Blackhill Capital Inc., Guggenheim Capital LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, State Street Corp, Raymond James Financial Services Advisors Inc. and United Capital Financial Advisers LLC.

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 Energy Income Partners LLC, Allianz Asset Management AG, Third Security LLC, Thompson Siegel & Walmsley LLC, Diligent Investors LLC, GSA Capital Partners LLP, Richard C. Young & CO. LTD. and Koch Industries Inc..

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.

How much does a share of TC PipeLines, LP stock cost?

One share of TC PipeLines, LP stock can currently be purchased for approximately $62.92.

TC PipeLines, LP (NYSE:TCP) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TC PipeLines, LP (NYSE:TCP)

Earnings History Chart

Earnings by Quarter for TC PipeLines, LP (NYSE:TCP)

Dividend History Chart

Dividend Payments by Quarter for TC PipeLines, LP (NYSE:TCP)

Last Updated on 2/20/2017 by MarketBeat.com Staff