Log in

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

$37.74
+0.44 (+1.18 %)
(As of 12/9/2019 06:00 AM ET)
Today's Range
$37.06
Now: $37.74
$37.82
50-Day Range
$37.31
MA: $39.11
$40.25
52-Week Range
$26.88
Now: $37.74
$42.11
Volume155,407 shs
Average Volume446,472 shs
Market Capitalization$2.69 billion
P/E Ratio9.03
Dividend Yield6.97%
Beta0.66
TC Pipelines LP engages in nautral gas pipelines business. It transports natural gas in Western, Midwestern and Eastern United States. The firm is managed by its general partner TC Pipelines GP, Inc, which is an indirect, wholly-owned subsidiary of TransCanada. The company was founded in 1998 and is headquartered in Houston, TX.

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$6.74 per share
Book Value$9.80 per share

Profitability

Net Income$-182,000,000.00

Miscellaneous

EmployeesN/A
Market Cap$2.69 billion
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

Receive TCP News and Ratings via Email

Sign-up to receive the latest news and ratings for TCP and its competitors with MarketBeat's FREE daily newsletter.


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 Tuesday, October 22nd. Investors of record on Friday, November 1st will be given a dividend of $0.65 per share on Thursday, November 14th. This represents a $2.60 annualized dividend and a yield of 6.89%. The ex-dividend date is Thursday, October 31st. View TC Pipelines' Dividend History.

How were TC Pipelines' earnings last quarter?

TC Pipelines, LP (NYSE:TCP) released its quarterly earnings results on Thursday, November, 7th. The pipeline company reported $0.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.73 by $0.03. The pipeline company earned $93 million during the quarter. TC Pipelines had a positive return on equity of 40.25% and a negative net margin of 40.46%. View TC Pipelines' Earnings History.

When is TC Pipelines' next earnings date?

TC Pipelines is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for TC Pipelines.

What price target have analysts set for TCP?

7 brokerages have issued 12 month price objectives for TC Pipelines' stock. Their forecasts range from $38.00 to $47.00. On average, they anticipate TC Pipelines' stock price to reach $41.83 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for TC Pipelines.

What is the consensus analysts' recommendation for TC Pipelines?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Pipelines in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TC Pipelines.

Has TC Pipelines been receiving favorable news coverage?

Press coverage about TCP stock has trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TC Pipelines earned a news impact score of -1.0 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for TC Pipelines.

Are investors shorting TC Pipelines?

TC Pipelines saw a drop in short interest during the month of October. As of October 15th, there was short interest totalling 1,250,000 shares, a drop of 12.0% from the September 15th total of 1,420,000 shares. Based on an average daily volume of 274,400 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.3% of the company's stock are sold short. View TC Pipelines' Current Options Chain.

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), Williams Partners (WPZ), BlackRock (BLK), Buckeye Partners (BPL), Endologix (ELGX), AT&T (T), Chipotle Mexican Grill (CMG), CVR Refining (CVRR), Energy Transfer LP Unit (ET) and Verizon Communications (VZ).

Who are TC Pipelines' key executives?

TC Pipelines' management team includes the folowing people:
  • Nathan A. Brown, President, Chief Executive Officer & Director
  • William Chuck Morris, Chief Financial Officer, Treasurer & VP
  • Janine Watson, Vice President & General Manager
  • Nancy F. Priemer, Vice President-Taxation
  • Rhonda L. Amundson, Manager-Investor Relations

Who are TC Pipelines' major shareholders?

TC Pipelines' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (9.12%), Kayne Anderson Capital Advisors LP (2.02%), Tiedemann Advisors LLC (1.11%), Barclays PLC (0.33%), California Public Employees Retirement System (0.18%) and Weybosset Research & Management LLC (0.12%).

Which major investors are selling TC Pipelines stock?

TCP stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Russell Investments Group Ltd., Conning Inc., Sumitomo Mitsui Trust Holdings Inc., Everett Harris & Co. CA and Icon Wealth Partners LLC.

Which major investors are buying TC Pipelines stock?

TCP stock was purchased by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Kayne Anderson Capital Advisors LP, Weybosset Research & Management LLC, Tiedemann Advisors LLC, California Public Employees Retirement System, Virtu Financial LLC, BKD Wealth Advisors LLC and Pettinga Financial Advisors 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, Robinhood, Fidelity and Charles Schwab.

What is TC Pipelines' stock price today?

One share of TCP stock can currently be purchased for approximately $37.74.

How big of a company is TC Pipelines?

TC Pipelines has a market capitalization of $2.69 billion and generates $549 million in revenue each year. The pipeline company earns $-182,000,000.00 in net income (profit) each year or $4.18 on an earnings per share basis. View Additional Information About TC Pipelines.

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:  2.0 out of 5 (star star)
Outperform Votes:  265 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  663
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 12/9/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel