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

$25.12
-0.78 (-3.01 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$24.00
Now: $25.12
$26.18
50-Day Range
$19.31
MA: $35.80
$41.54
52-Week Range
$18.00
Now: $25.12
$44.65
Volume776,288 shs
Average Volume924,367 shs
Market Capitalization$1.79 billion
P/E Ratio6.72
Dividend Yield10.04%
Beta0.71
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.
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TC Pipelines logo

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$403 million
Cash Flow$4.90 per share
Book Value$10.66 per share

Profitability

Net Income$280 million

Miscellaneous

EmployeesN/A
Market Cap$1.79 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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TC Pipelines (NYSE:TCP) Frequently Asked Questions

How has TC Pipelines' stock been impacted by COVID-19 (Coronavirus)?

TC Pipelines' stock was trading at $34.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TCP shares have decreased by 26.7% and is now trading at $25.12. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of TC Pipelines?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Pipelines in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TC Pipelines.

When is TC Pipelines' next earnings date?

TC Pipelines is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for TC Pipelines.

How were TC Pipelines' earnings last quarter?

TC Pipelines, LP (NYSE:TCP) released its quarterly earnings results on Thursday, February, 20th. The pipeline company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.02. The pipeline company earned $104 million during the quarter. TC Pipelines had a return on equity of 38.05% and a net margin of 69.23%. View TC Pipelines' earnings history.

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

TC Pipelines announced a quarterly dividend on Wednesday, January 22nd. Shareholders of record on Friday, January 31st will be paid a dividend of $0.65 per share on Friday, February 14th. This represents a $2.60 dividend on an annualized basis and a yield of 10.35%. The ex-dividend date of this dividend is Thursday, January 30th. View TC Pipelines' dividend history.

What price target have analysts set for TCP?

6 brokers have issued 1-year price targets for TC Pipelines' shares. Their forecasts range from $32.00 to $48.00. On average, they expect TC Pipelines' share price to reach $42.50 in the next year. This suggests a possible upside of 69.2% from the stock's current price. View analysts' price targets for TC Pipelines.

Has TC Pipelines been receiving favorable news coverage?

Media headlines about TCP stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TC Pipelines earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutTC Pipelines.

Are investors shorting TC Pipelines?

TC Pipelines saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,278,800 shares, an increase of 8.4% from the February 27th total of 1,180,000 shares. Based on an average trading volume of 352,900 shares, the short-interest ratio is presently 3.6 days. Currently, 2.4% of the shares of the 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), Energy Transfer LP Unit (ET), Chipotle Mexican Grill (CMG), Verizon Communications (VZ) and CVR Refining (CVRR).

Who are TC Pipelines' key executives?

TC Pipelines' management team includes the following 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

What is TC Pipelines' stock symbol?

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

Who are TC Pipelines' major shareholders?

TC Pipelines' stock is owned by a number of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (9.07%), Goldman Sachs Group Inc. (3.68%), UBS Group AG (3.15%), Brookfield Public Securities Group LLC (2.30%), Kayne Anderson Capital Advisors LP (2.10%) and Tiedemann Advisors LLC (1.04%).

Which institutional investors are selling TC Pipelines stock?

TCP stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Citigroup Inc., PNC Financial Services Group Inc., Tiedemann Advisors LLC, Alps Advisors Inc., Infrastructure Capital Advisors LLC, Conning Inc., and Spirit of America Management Corp NY.

Which institutional investors are buying TC Pipelines stock?

TCP stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, Brookfield Public Securities Group LLC, First Trust Advisors LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Bank of America Corp DE, Insight Folios Inc, and Kayne Anderson Capital Advisors LP.

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 $25.12.

How big of a company is TC Pipelines?

TC Pipelines has a market capitalization of $1.79 billion and generates $403 million in revenue each year. The pipeline company earns $280 million in net income (profit) each year or $3.74 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 Suite 700, 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:  2.1 out of 5 (star star)
Outperform Votes:  292 (Vote Outperform)
Underperform Votes:  415 (Vote Underperform)
Total Votes:  707
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 3/29/2020 by MarketBeat.com Staff

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