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

$40.83
+0.01 (+0.02 %)
(As of 09/18/2019 06:05 AM ET)
Today's Range
$40.41
Now: $40.83
$41.28
50-Day Range
$36.70
MA: $38.45
$40.8950
52-Week Range
$26.88
Now: $40.83
$41.74
Volume497,900 shs
Average Volume185,527 shs
Market Capitalization$2.91 billion
P/E Ratio9.77
Dividend Yield6.37%
Beta0.64
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$6.7488 per share
Book Value$9.80 per share

Profitability

Net Income$-182,000,000.00

Miscellaneous

EmployeesN/A
Market Cap$2.91 billion
Next Earnings Date11/8/2019 (Estimated)
OptionableOptionable

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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 Tuesday, July 23rd. Shareholders of record on Friday, August 2nd will be paid a dividend of $0.65 per share on Wednesday, August 14th. This represents a $2.60 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend is Thursday, August 1st. View TC Pipelines' Dividend History.

How were TC Pipelines' earnings last quarter?

TC Pipelines, LP (NYSE:TCP) announced its earnings results on Thursday, August, 1st. The pipeline company reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.01. The pipeline company earned $93 million during the quarter. TC Pipelines had a negative net margin of 38.56% and a positive return on equity of 35.63%. View TC Pipelines' Earnings History.

When is TC Pipelines' next earnings date?

TC Pipelines is scheduled to release their next quarterly earnings announcement on Friday, November 8th 2019. View Earnings Estimates for TC Pipelines.

What price target have analysts set for TCP?

6 analysts have issued 12-month target prices for TC Pipelines' shares. Their forecasts range from $23.00 to $40.00. On average, they anticipate TC Pipelines' stock price to reach $34.80 in the next year. This suggests that the stock has a possible downside of 14.8%. View Analyst Price Targets for TC Pipelines.

What is the consensus analysts' recommendation for TC Pipelines?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Pipelines in the last year. There are currently 4 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TC Pipelines.

Has TC Pipelines been receiving favorable news coverage?

News articles about TCP stock have trended negative on Wednesday, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog 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 coverage optimism score of -2.9 on InfoTrie's scale. They also gave news coverage about the pipeline company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for TC Pipelines.

Are investors shorting TC Pipelines?

TC Pipelines saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 1,028,300 shares, a decrease of 16.2% from the July 31st total of 1,227,400 shares. Based on an average daily volume of 175,600 shares, the days-to-cover ratio is presently 5.9 days. Approximately 1.9% 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), Energy Transfer LP Unit (ET), AT&T (T), CVR Refining (CVRR), Chipotle Mexican Grill (CMG) 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 many different of retail and institutional investors. Top institutional investors include Invesco Ltd. (22.17%), Energy Income Partners LLC (11.20%), Alps Advisors Inc. (6.61%), Brookfield Asset Management Inc. (4.27%), UBS Group AG (3.25%) and JPMorgan Chase & Co. (1.76%).

Which major investors are selling TC Pipelines stock?

TCP stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Texas Yale Capital Corp., Natixis, Natixis, Bank of America Corp DE, JPMorgan Chase & Co., Brookfield Asset Management Inc. and Conning Inc..

Which major investors are buying TC Pipelines stock?

TCP stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Energy Income Partners LLC, Kayne Anderson Capital Advisors LP, Citadel Advisors LLC, Morgan Stanley, Wells Fargo & Company MN, BlackRock Inc. and Barings 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 $40.83.

How big of a company is TC Pipelines?

TC Pipelines has a market capitalization of $2.91 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:  1.9 out of 5 (star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  634
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 9/18/2019 by MarketBeat.com Staff

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