TC 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
- Market Cap: $3.73992 billion
- Outstanding Shares: 68,938,000
- 50 Day Moving Avg: $56.58
- 200 Day Moving Avg: $58.39
- 52 Week Range: $47.12 - $65.03
Sales & Book Value:
- Trailing P/E Ratio: 16.86
- Foreward P/E Ratio: 17.12
- P/E Growth: 3.90
- Annual Revenue: $477 million
- Price / Sales: 7.75
- Book Value: $17.41 per share
- Price / Book: 3.08
- Annual Dividend: $3.76
- Dividend Yield: 6.9%
- EBIDTA: $399 million
- Net Margins: 64.17%
- Return on Equity: 19.04%
- Return on Assets: 7.29%
- Debt-to-Equity Ratio: 1.39%
- Current Ratio: 1.62%
- Quick Ratio: 1.52%
- 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?
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?
Some companies that are related to TC PipeLines, LP include Parsley Energy (PE), Antero Resources Corporation (AR), Enable Midstream Partners, LP (ENBL), Lundin Petrolm (LNDNY), EQT Midstream Partners, LP (EQM), Antero Midstream Partners LP (AM), Helmerich & Payne (HP), Cenovus Energy (CVE), EnLink Midstream Partners, LP (ENLK), Range Resources Corporation (RRC), Newfield Exploration Company (NFX), Rice Energy (RICE), RSP Permian (RSPP), Shell Midstream Partners, L.P. (SHLX), Phillips 66 Partners LP (PSXP), HollyFrontier Corporation (HFC), Gazprom OAO (OGZPY) and Energen Corporation (EGN).
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?
MarketBeat Community Rating for TC PipeLines, LP (NYSE TCP)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.
One share of TC PipeLines, LP stock can currently be purchased for approximately $53.60.
Consensus Ratings for TC PipeLines, LP (NYSE:TCP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
(Data available from 6/28/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/12/2017||Wolfe Research||Initiated Coverage||Market Perform||$60.00||Low|
|3/7/2017||Barclays PLC||Boost Price Target||Underweight -> Underweight||$48.00 -> $59.00||N/A|
|1/20/2017||Ladenburg Thalmann Financial Services||Initiated Coverage||Neutral||$61.00||N/A|
|1/6/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$67.00||N/A|
|11/9/2016||Wells Fargo & Company||Reiterated Rating||Hold -> Neutral||N/A|
|7/27/2016||Citigroup Inc.||Boost Price Target||Neutral||$52.00 -> $57.00||N/A|
|7/20/2016||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||$53.00||N/A|
|5/27/2016||J P Morgan Chase & Co||Boost Price Target||Neutral||$53.00 -> $55.00||N/A|
|4/13/2016||Morgan Stanley||Initiated Coverage||Underweight||N/A|
|12/21/2015||Bank of America Corporation||Upgrade||Neutral -> Buy||$50.00||N/A|
Earnings History for TC PipeLines, LP (NYSE:TCP)Earnings History by Quarter for TC PipeLines, LP (NYSE TCP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017|| || || || || || || || |
|5/4/2017||Q1 2017||$0.98||$1.05||$128.00 million||$89.00 million||View||Listen|
|2/27/2017||Q4 2016||$0.79||$0.70||$132.11 million||$91.00 million||View||Listen|
|11/4/2016||Q3 2016||$0.62||$0.65||$97.80 million||$91.00 million||View||N/A|
|2/25/2016||Q4||$0.73||$0.79||$102.50 million||$89.00 million||View||Listen|
|11/6/2015||Q315||$0.56||$0.70||$10.00 million||$83.00 million||View||N/A|
|8/6/2015||Q2||$0.62||$0.66||$82.00 million||$85.00 million||View||N/A|
|5/7/2015||$0.75||$0.88||$89.20 million||$87.00 million||View||N/A|
|2/25/2015||Q4||$0.63||$0.71||$139.40 million||$87.00 million||View||N/A|
|10/24/2014||Q3||$0.56||$0.48||$85.30 million||$80.00 million||View||Listen|
|4/28/2014||Q113||$0.60||$0.90||$91.64 million||$87.00 million||View||N/A|
|2/7/2014||Q4||$0.60||$0.63||$81.45 million||$88.00 million||View||N/A|
Earnings Estimates for TC PipeLines, LP (NYSE:TCP)
Current Year EPS Consensus Estimate: $3.21 EPS
Next Year EPS Consensus Estimate: $3.13 EPS
Current Dividend Information for TC PipeLines, LP (NYSE:TCP)
|Most Recent Dividend:||5/15/2017|
|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 History by Quarter for TC PipeLines, LP (NYSE TCP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for TC PipeLines, LP (NYSE:TCP)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for TC PipeLines, LP (NYSE:TCP)
Latest Headlines for TC PipeLines, LP (NYSE:TCP)
|TC PipeLines, LP (TCP) Downgraded by BidaskClub|
www.americanbankingnews.com - June 22 at 4:46 PM
|ETFs with exposure to TC Pipelines LP : June 20, 2017|
finance.yahoo.com - June 21 at 6:05 AM
|TC Pipelines LP :TCP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017|
finance.yahoo.com - June 20 at 8:26 AM
|TC PipeLines, LP (TCP) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - June 13 at 10:50 PM
|TC PipeLines Shares Enter Oversold Territory|
www.nasdaq.com - June 13 at 9:34 AM
|TC Pipelines, LP (TCP) Lowered to Sell at BidaskClub|
www.americanbankingnews.com - June 10 at 4:56 PM
|TC PipeLines (TCP) Shares Cross Above 200 DMA|
www.nasdaq.com - June 2 at 1:39 AM
|TC PipeLines, LP Completes Acquisition of Interests in Iroquois and PNGTS|
finance.yahoo.com - June 2 at 1:39 AM
|TC PipeLines, LP to Attend 2017 MLPA Investor Conference|
finance.yahoo.com - May 30 at 7:46 PM
|UPDATE: TC PipeLines, LP to Attend 2017 MLPA Investor Conference|
finance.yahoo.com - May 30 at 7:46 PM
|TC Pipelines, LP (TCP) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - May 19 at 8:32 PM
|TC Pipelines, LP (TCP) Now Covered by Analysts at Wolfe Research|
www.americanbankingnews.com - May 12 at 1:02 PM
|TC Pipelines, LP (TCP) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - May 9 at 12:14 PM
|Edited Transcript of TCP earnings conference call or presentation 4-May-17 3:00pm GMT|
finance.yahoo.com - May 6 at 9:20 AM
|TC Pipelines, LP (TCP) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS|
www.americanbankingnews.com - May 5 at 8:32 PM
|TC Pipelines, (TCP) Getting Somewhat Positive Press Coverage, Study Shows|
www.americanbankingnews.com - May 3 at 9:14 PM
|TC 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
|TC Pipelines, LP (TCP) to Release Quarterly Earnings on Thursday|
www.americanbankingnews.com - May 2 at 4:36 PM
|TC Pipelines, LP (TCP) Cut to Sell at Zacks Investment Research|
www.americanbankingnews.com - May 2 at 2:26 PM
|Somewhat Favorable Media Coverage Very Likely to Affect TC Pipelines, (TCP) Share Price|
www.americanbankingnews.com - April 29 at 6:11 PM
|TC Pipelines LP – Value Analysis (NYSE:TCP) : April 27, 2017|
finance.yahoo.com - April 27 at 9:04 PM
|TC PipeLines LP (TCP) Declares $0.94 Quarterly Dividend; 6.2% Yield|
www.streetinsider.com - April 26 at 9:37 PM
|TC Pipelines, (TCP) Receives Media Impact Score of 0.31|
www.americanbankingnews.com - April 26 at 7:34 PM
|TC Pipelines, LP (TCP) to Issue $0.94 Quarterly Dividend|
www.americanbankingnews.com - April 26 at 7:04 PM
|TC 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
|TC PipeLines, LP Announces First Quarter 2017 Cash Distribution|
finance.yahoo.com - April 25 at 7:08 PM
|TC Pipelines, LP (TCP) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - April 24 at 10:35 PM
|TC PipeLines, LP to Release First Quarter 2017 Results on May 4|
finance.yahoo.com - April 20 at 9:02 PM
|TC Pipelines, (TCP) Earning Somewhat Negative Press Coverage, Report Shows|
www.americanbankingnews.com - April 20 at 5:51 PM
|Somewhat Positive Press Coverage Extremely Likely to Effect TC Pipelines, (TCP) Stock Price|
www.americanbankingnews.com - April 15 at 12:57 PM
|3 ways to play rising oil: Gartman|
finance.yahoo.com - April 11 at 7:56 PM
|Why Is TC PipeLines (TCP) Down 3.4% Since the Last Earnings Report? - Nasdaq|
www.nasdaq.com - April 1 at 5:33 AM
|Why Is TC PipeLines (TCP) Down 3.4% Since the Last Earnings Report?|
finance.yahoo.com - March 31 at 2:36 AM
|TC Pipelines, LP (TCP) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - March 30 at 2:01 PM
|TC PIPELINES LP Financials|
finance.yahoo.com - March 4 at 7:57 PM
|Edited Transcript of TCP earnings conference call or presentation 27-Feb-17 3:00pm GMT|
us.rd.yahoo.com - February 28 at 7:46 PM
|TC PIPELINES LP Files SEC form 10-K, Annual Report|
biz.yahoo.com - February 28 at 7:46 PM
|TC PipeLines, LP (TCP) Q4 2016 Results - Earnings Call Transcript|
seekingalpha.com - February 27 at 4:57 PM
|Q4 2016 TC PipeLines LP Earnings Release - Before Market Open|
us.rd.yahoo.com - February 27 at 4:57 PM
|TransCanada to sell two U.S. pipeline stakes to raise funds|
finance.yahoo.com - February 27 at 4:57 PM
|TC PipeLines, LP to Release Fourth Quarter and Year End 2016 Financial Results on February 27|
finance.yahoo.com - February 13 at 3:38 PM
|TC PIPELINES LP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
biz.yahoo.com - February 13 at 3:38 PM
|The 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
|Trump on Track to Revitalize Keystone & Dakota, MLPs Gain - Yahoo Finance|
finance.yahoo.com - January 26 at 6:13 AM
|TC PipeLines LP (TCP) Declares $0.94 Quarterly Dividend; 6.5% Yield - StreetInsider.com|
www.streetinsider.com - January 25 at 6:25 AM
|TC PipeLines LP (TCP) Declares $0.94 Quarterly Dividend; 6.5% Yield|
www.streetinsider.com - January 23 at 11:20 PM
|TC PipeLines, LP Announces 2016 Fourth Quarter Cash Distribution|
finance.yahoo.com - January 23 at 11:20 PM
|TC PIPELINES LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - January 23 at 11:20 PM
|UPDATE: Ladenburg Thalmann Starts TC Pipelines (TCP) at Neutral - StreetInsider.com|
www.streetinsider.com - January 21 at 7:54 PM
|UPDATE: Ladenburg Thalmann Starts TC Pipelines (TCP) at Neutral|
www.streetinsider.com - January 21 at 3:08 AM
TC PipeLines, LP (TCP) Chart for Wednesday, June, 28, 2017