NYSE:TCP - TC Pipelines Stock Price, Price Target & More

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$24.90 -0.04 (-0.16 %)
(As of 06/19/2018 12:13 PM ET)
Previous Close$24.71
Today's Range$24.54 - $24.90
52-Week Range$22.64 - $59.30
Volume3,054 shs
Average Volume432,356 shs
Market Capitalization$1.74 billion
P/E Ratio7.89
Dividend Yield10.64%
Beta1.07
TC Pipelines logoTC 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
SymbolNYSE:TCP
CUSIPN/A
Phone877-290-2772

Debt

Debt-to-Equity Ratio2.07
Current Ratio1.31
Quick Ratio1.25

Price-To-Earnings

Trailing P/E Ratio7.89
Forward P/E Ratio7.22
P/E GrowthN/A

Sales & Book Value

Annual Sales$422 million
Price / Sales4.21
Cash Flow$5.0610 per share
Price / Cash4.92
Book Value$15.13 per share
Price / Book1.65

Profitability

EPS (Most Recent Fiscal Year)$3.16
Net Income$252 million
Net Margins63.76%
Return on Equity25.66%
Return on Assets7.60%

Miscellaneous

EmployeesN/A
Outstanding Shares71,310,000

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 declared a quarterly dividend on Wednesday, May 2nd. Investors of record on Wednesday, May 9th will be given a dividend of $0.65 per share on Tuesday, May 15th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 10.44%. The ex-dividend date is Tuesday, May 8th. View TC Pipelines' Dividend History.

How were TC Pipelines' earnings last quarter?

TC Pipelines, LP (NYSE:TCP) issued its earnings results on Wednesday, May, 2nd. The pipeline company reported $1.32 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.24. The pipeline company earned $115 million during the quarter. TC Pipelines had a return on equity of 25.66% and a net margin of 63.76%. View TC Pipelines' Earnings History.

When is TC Pipelines' next earnings date?

TC Pipelines is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for TC Pipelines.

What price target have analysts set for TCP?

9 brokerages have issued twelve-month target prices for TC Pipelines' shares. Their forecasts range from $26.00 to $67.00. On average, they expect TC Pipelines' stock price to reach $45.8750 in the next year. View Analyst Ratings for TC Pipelines.

Are investors shorting TC Pipelines?

TC Pipelines saw a decrease in short interest in the month of May. As of May 15th, there was short interest totalling 1,332,461 shares, a decrease of 49.0% from the April 30th total of 2,614,614 shares. Based on an average daily trading volume, of 917,856 shares, the days-to-cover ratio is presently 1.5 days. Currently, 2.5% of the shares of the stock are sold short.

Who are some of TC Pipelines' key competitors?

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 41)
  • Mr. Jon A. Dobson, Sec. of TC Pipelines GP Inc (Age 51)
  • Ms. Janine M. Watson, VP & GM of TC Pipelines GP Inc. (Age 48)
  • Mr. William C. Morris, VP, Principal Financial Officer & Treasurer (Age 55)
  • Ms. Rhonda L. Amundson, Mang. of Investor Relations (Age 56)

Has TC Pipelines been receiving favorable news coverage?

News coverage about TCP stock has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TC Pipelines earned a news sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the pipeline company an impact score of 46.76 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are TC Pipelines' major shareholders?

TC Pipelines' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include OppenheimerFunds Inc. (12.82%), Brookfield Asset Management Inc. (6.17%), Alps Advisors Inc. (5.97%), Kayne Anderson Capital Advisors LP (3.94%), UBS Group AG (2.57%) and Argyll Research LLC (2.41%). View Institutional Ownership Trends for TC Pipelines.

Which institutional investors are selling TC Pipelines stock?

TCP stock was sold by a variety of institutional investors in the last quarter, including Finepoint Capital LP, Alps Advisors Inc., Evergreen Capital Management LLC, Neuberger Berman Group LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, JPMorgan Chase & Co. and CT Mason. View Insider Buying and Selling for TC Pipelines.

Which institutional investors are buying TC Pipelines stock?

TCP stock was bought by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Atlantic Trust Group LLC, UBS Group AG, Northwestern Mutual Investment Management Company LLC, Eagle Global Advisors LLC, OppenheimerFunds Inc., Kayne Anderson Capital Advisors LP and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for TC Pipelines.

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 $24.90.

How big of a company is TC Pipelines?

TC Pipelines has a market capitalization of $1.74 billion and generates $422 million in revenue each year. The pipeline company earns $252 million in net income (profit) each year or $3.16 on an earnings per share basis.

How can I contact TC Pipelines?

TC Pipelines' mailing address is 700Louisiana 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 (TCP)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  148 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  456
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 6/19/2018 by MarketBeat.com Staff

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