TransCanada Corp. Company Profile (NYSE:TRP)

About TransCanada Corp.

TransCanada Corp. logoTransCanada Corporation (TransCanada) is an energy infrastructure company. The Company operates through three segments: Natural Gas Pipelines, Liquids Pipelines and Energy. The Natural Gas Pipelines segment consists of the Company's investments in approximately 67,300 kilometers (km) (approximately 41,900 miles) of regulated natural gas pipelines and over 250 billion cubic feet (Bcf) of regulated natural gas storage facilities. These assets are located in Canada, the United States and Mexico. The Liquids Pipelines segment consists of approximately 4,250 km (approximately 2,640 miles) of crude oil pipeline systems, which connect Alberta and the United States crude oil supplies to the United States refining markets in Illinois, Oklahoma and Texas. The Energy segment consists of the Company's investments in over 20 electrical power generation plants and approximately two non-regulated natural gas storage facilities.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TRP
  • CUSIP:
Key Metrics:
  • Previous Close: $47.06
  • 50 Day Moving Average: $47.00
  • 200 Day Moving Average: $43.23
  • 52-Week Range: $28.40 - $48.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 22.52
  • P/E Growth: 4.65
  • Market Cap: $37.65B
  • Outstanding Shares: 800,000,000
  • Beta: 0.68
Profitability:
  • Net Margins: -12.06%
  • Return on Equity: 10.93%
  • Return on Assets: 2.62%
Debt:
  • Debt-to-Equity Ratio: 2.68%
  • Current Ratio: 0.47%
  • Quick Ratio: 0.43%
Additional Links:
Companies Related to TransCanada Corp.:

Analyst Ratings

Consensus Ratings for TransCanada Corp. (NYSE:TRP) (?)
Ratings Breakdown: 2 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.85)
Consensus Price Target: $60.45 (28.46% upside)

Analysts' Ratings History for TransCanada Corp. (NYSE:TRP)
Show:
DateFirmActionRatingPrice TargetDetails
9/27/2016BMO Capital MarketsReiterated RatingBuy$65.00View Rating Details
9/23/2016ScotiabankReiterated RatingOutperform$68.00 -> $69.00View Rating Details
9/1/2016Bank of America Corp.Initiated CoverageBuy$52.00 -> $45.45View Rating Details
7/31/2016TD SecuritiesReiterated RatingBuy$63.00 -> $67.00View Rating Details
7/29/2016Credit Suisse Group AGReiterated RatingBuy$70.00View Rating Details
7/20/2016Goldman Sachs Group Inc.Initiated CoverageBuy$70.00View Rating Details
6/13/2016Royal Bank Of CanadaReiterated RatingOutperform$64.00View Rating Details
5/2/2016Barclays PLCBoost Price TargetEqual Weight$33.00 -> $43.00View Rating Details
3/30/2016Citigroup Inc.UpgradeNeutral -> Buy$50.00 -> $55.00View Rating Details
12/15/2015JPMorgan Chase & Co.Initiated CoverageOverweight$64.00View Rating Details
12/8/2015CIBCReiterated RatingSector Perform -> Sector Outperform$56.00View Rating Details
12/2/2015MacquarieUpgradeNeutral -> OutperformView Rating Details
11/20/2015National Bank FinancialReiterated RatingSector Perform$57.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for TransCanada Corp. (NYSE:TRP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2016$0.52$0.52$2.58 billion$2.75 billionViewN/AView Earnings Details
4/29/2016Q415$0.66$0.70$2.98 billion$2.55 billionViewN/AView Earnings Details
2/11/2016$0.61$0.64$2.89 billion$2.85 billionViewN/AView Earnings Details
11/3/2015Q315$0.60$0.62$2.67 billion$2.94 billionViewN/AView Earnings Details
7/31/2015Q215$0.39$0.56$2.34 billion$2.63 billionViewListenView Earnings Details
5/1/2015Q115$0.64$0.66$3.08 billion$2.87 billionViewN/AView Earnings Details
2/13/2015Q414$0.63$0.65$2.62 billionViewN/AView Earnings Details
11/4/2014Q314$0.63$0.63$2.53 million$2.45 billionViewN/AView Earnings Details
7/31/2014Q214$0.49$0.47$2.26 billion$2.23 billionViewN/AView Earnings Details
5/2/2014Q114$0.59$0.60$2.37 billion$2.88 billionViewN/AView Earnings Details
2/20/2014Q413$0.61$0.58$2.31 billion$2.33 billionViewN/AView Earnings Details
11/5/2013Q313$0.58$0.68$2.20 billionViewN/AView Earnings Details
7/26/2013Q213$0.52$0.51$2.14 billion$2.01 billionViewN/AView Earnings Details
4/26/2013Q113$0.54$0.52$2.27 billion$2.25 billionViewN/AView Earnings Details
2/12/2013Q412$0.49$0.45$2.23 billion$2.09 billionViewN/AView Earnings Details
10/30/2012Q312$0.53$0.52$2.26 billionViewN/AView Earnings Details
7/27/2012$0.48$0.46ViewN/AView Earnings Details
4/27/2012$0.55$0.52ViewN/AView Earnings Details
2/14/2012$0.54$0.52ViewN/AView Earnings Details
11/1/2011$0.58$0.59ViewN/AView Earnings Details
7/28/2011$0.52$0.51ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TransCanada Corp. (NYSE:TRP)
Current Year EPS Consensus Estimate: $1.96 EPS
Next Year EPS Consensus Estimate: $2.09 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.54$0.54$0.54
Q2 20161$0.40$0.40$0.40
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TransCanada Corp. (NYSE:TRP)
Annual Dividend:$1.73
Dividend Yield:3.68%
Dividend Growth:-1.50% (3 Year Average)
Payout Ratio:-115.33% (Based on Trailing 12 Months of Earnings)
88.27% (Based on Current Year Consensus EPS Estimate)
82.78% (Based on Next Year Consensus EPS Estimate)

Dividend History for TransCanada Corp. (NYSE:TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2016$0.439/28/20169/30/201610/31/2016
5/2/2016quarterly$0.454.28%6/28/20166/30/20167/29/2016
2/12/2016quarterly$0.414.63%3/29/20163/31/20164/29/2016
11/3/2015$0.3912/29/201512/31/20151/29/2016
8/3/2015quarterly$0.404.23%9/28/20159/30/201510/30/2015
5/1/2015quarterly$0.433.72%6/26/20156/30/20157/31/2015
2/13/2015quarterly$0.423.63%3/27/20153/31/20154/30/2015
11/5/2014quarterly$0.433.44%12/29/201412/31/20141/30/2015
7/31/2014quarterly$0.483.6%9/26/20149/30/201410/31/2014
5/2/2014quarterly$0.483.74%6/26/20146/30/20147/31/2014
2/20/2014quarterly$0.483.98%3/27/20143/31/20144/30/2014
11/5/2013$0.4412/27/201312/31/20131/31/2014
11/5/2013quarterly$0.463.82%12/27/201312/31/20131/31/2014
7/26/2013quarterly$0.463.88%9/26/20139/30/201310/31/2013
4/29/2013quarterly$0.453.65%6/26/20136/28/20137/31/2013
2/12/2013quarterly$0.463.88%3/26/20133/29/20134/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TransCanada Corp. (NYSE:TRP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for TransCanada Corp. (NYSE:TRP)
DateHeadline
News IconTransCanada Bids For Pipeline Firm -- WSJ (NYSE:TRP)
www.advfn.com - September 27 at 7:43 PM
fool.ca logoTransCanada Corporation: Focus on New and Acquired Pipelines (NYSE:TRP)
www.fool.ca - September 27 at 7:43 PM
streetinsider.com logoBMO Capital Reiterates Outperform on TransCanada (TRP) Following Offer to CPPL (NYSE:TRP)
www.streetinsider.com - September 27 at 7:43 PM
News IconTop Gainers of the Day: TransCanada Corporation (NYSE:TRP) from Oil & Gas Pipelines (NYSE:TRP)
twincountynews.com - September 27 at 7:43 PM
nasdaq.com logoEnergy Sector Update for 09/26/2016: CPPL,TRP,GPP,GPRE - Nasdaq (NYSE:TRP)
www.nasdaq.com - September 27 at 11:52 AM
finance.yahoo.com logoTransCanada to Buy Columbia Pipeline Partners for $848M (NYSE:TRP)
finance.yahoo.com - September 27 at 11:52 AM
News IconTransCanada bids US$848 million to buy rest of Columbia Pipeline Partnership (NYSE:TRP)
boereport.com - September 26 at 10:15 AM
reuters.com logoUS, Canada native groups to join Dakota Access pipeline fight - Reuters (NYSE:TRP)
www.reuters.com - September 23 at 7:08 PM
stockhouse.com logoTransCanada's ANR Pipeline Files Settlement in Section 4 Rate Case (NYSE:TRP)
www.stockhouse.com - September 22 at 7:25 PM
streetinsider.com logoTransCanada's (TRP) Pipeline Company Files Settlement with FERC Over Section 4 Rate Case (NYSE:TRP)
www.streetinsider.com - September 22 at 7:25 PM
seekingalpha.com logoTrends In Midstream M&A - The United States Oil ETF, LP ... - Seeking Alpha (NYSE:TRP)
seekingalpha.com - September 22 at 8:55 AM
wsj.com logoEnbridge, Canada Won't Appeal Court Ruling on Northern Gateway - Wall Street Journal (NYSE:TRP)
www.wsj.com - September 21 at 6:16 AM
News IconTransCanada Co. (TRP) Receives Buy Rating from Credit Suisse - DailyQuint (NYSE:TRP)
dailyquint.com - September 20 at 4:49 PM
bloomberg.com logoEnergy East Raises Legitimate Concerns, Quebec Premier Says (NYSE:TRP)
www.bloomberg.com - September 20 at 4:49 PM
News IconHigh Market Cap Stock of the Day – TransCanada Corporation (NYSE:TRP) (NYSE:TRP)
twincountynews.com - September 20 at 8:40 AM
News IconTransCanada Corporation (NYSE: TRP) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:TRP)
thedailyleicester.com - September 19 at 7:40 PM
News Icon'Nothing came about:' Alberta First Nation revives oilsands pipeline lawsuit - News1130 (NYSE:TRP)
www.news1130.com - September 19 at 7:40 PM
capitalcube.com logoTransCanada Corp. – Value Analysis (NYSE:TRP) : September 19, 2016 (NYSE:TRP)
www.capitalcube.com - September 19 at 7:40 PM
News IconPipeline tied to Petronas LNG project gets extension - Business in Vancouver (NYSE:TRP)
www.biv.com - September 17 at 7:09 PM
capitalcube.com logoTransCanada Corp. breached its 50 day moving average in a Bullish Manner : TRP-US : September 16, 2016 (NYSE:TRP)
www.capitalcube.com - September 16 at 11:21 AM
finance.yahoo.com logoLack Of Pipelines Continues To Dog Canada’s Oil Industry (NYSE:TRP)
finance.yahoo.com - September 15 at 7:51 PM
fool.ca logoTransCanada Corporation: Should You Buy This Stock Today? (NYSE:TRP)
www.fool.ca - September 14 at 7:56 PM
News IconQuebec Official Seeks Fresh Pipeline Review (NYSE:TRP)
www.advfn.com - September 14 at 7:56 PM
News IconStock futures down as investors cautious following selloff - bnn.ca (NYSE:TRP)
www.bnn.ca - September 14 at 12:07 PM
wsj.com logoQuebec Finance Minister Calls for Fresh Energy East Pipeline Review - Wall Street Journal (NYSE:TRP)
www.wsj.com - September 14 at 12:07 PM
streetinsider.com logoForm 6-K TRANSCANADA CORP For: Sep 12 - StreetInsider.com (NYSE:TRP)
www.streetinsider.com - September 14 at 12:07 PM
bloomberg.com logoTrudeau Said to Plan Pipeline Approval, Favor Kinder Morgan (NYSE:TRP)
www.bloomberg.com - September 14 at 12:07 PM
finance.yahoo.com logoTrudeau Said to Plan Pipeline Approval, Favoring Kinder Morgan (NYSE:TRP)
finance.yahoo.com - September 14 at 12:07 PM
finance.yahoo.com logoGovernment confident it can find new panel for TransCanada Energy East pipeline (NYSE:TRP)
finance.yahoo.com - September 14 at 12:07 PM
finance.yahoo.com logoTransCanada to Present at Peters & Co. Energy Conference (NYSE:TRP)
finance.yahoo.com - September 12 at 9:24 AM
forbes.com logoTransCanada's Preferred Shares, Series 3 Crosses Above 4.5 ... - Forbes (NYSE:TRP)
www.forbes.com - September 8 at 11:38 AM
forbes.com logoTransCanada's Preferred Shares, Series 3 Crosses Above 4.5% Yield Territory (NYSE:TRP)
www.forbes.com - September 7 at 7:52 PM
nasdaq.com logoTransCanada Named Top 25 Dividend Stock With 3.81% Yield (TRP) (NYSE:TRP)
www.nasdaq.com - September 7 at 7:52 PM
wsj.com logoHow Enbridge and Spectra Inked a Clean Pipe Deal - Wall Street Journal (NYSE:TRP)
www.wsj.com - September 7 at 11:37 AM
News IconBlog Coverage Oil and Gas Pipeline Business Sees Major Consolidation, Canada Based Enbridge to Acquire Spectra Energy (NYSE:TRP)
news.investornetwork.com - September 7 at 11:37 AM
baystreet.ca logoDividend Investors: Don’t Forget About TransCanada Corporation (NYSE:TRP)
www.baystreet.ca - September 6 at 7:52 PM
reuters.com logoCanada's Enbridge to buy Spectra Energy in $28 billion deal - Reuters UK (NYSE:TRP)
uk.reuters.com - September 6 at 8:44 AM
247wallst.com logoWill Enbridge, Spectra Deal Succeed Where Williams, ETE Failed? (NYSE:TRP)
247wallst.com - September 6 at 8:44 AM
capitalcube.com logoTransCanada Corp. breached its 50 day moving average in a Bullish Manner : TRP-US : September 5, 2016 (NYSE:TRP)
www.capitalcube.com - September 5 at 8:56 AM
News IconWall Street's Top Analysts Upgrades, Downgrades & Initiations - Live Trading News (NYSE:TRP)
www.livetradingnews.com - September 2 at 10:40 AM
baystreet.ca logoTop US Analyst Ratings: BSX, MU, TRP, WBA - Baystreet.ca (NYSE:TRP)
www.baystreet.ca - September 1 at 7:44 PM
fool.ca logoTransCanada Corporation Is Hoping to Solve This Huge Problem - The Motley Fool Canada (NYSE:TRP)
www.fool.ca - September 1 at 11:01 AM
fool.ca logoHow Will a Trump or Clinton Presidency Affect Your Portfolio? - The Motley Fool Canada (NYSE:TRP)
www.fool.ca - August 31 at 9:34 AM
News IconAlberta minister: 'Standing up and yelling' won't help Energy East talks - CTV News (NYSE:TRP)
www.ctvnews.ca - August 31 at 9:34 AM
reuters.com logoCanada regulator suspends TransCanada pipeline approval hearing - Reuters (NYSE:TRP)
www.reuters.com - August 31 at 9:34 AM
fool.ca logoHow Will a Trump or Clinton Presidency Affect Your Portfolio? (NYSE:TRP)
www.fool.ca - August 30 at 11:12 AM
reuters.com logoProtesters shut down TransCanada pipeline hearing in Montreal - Reuters (NYSE:TRP)
www.reuters.com - August 29 at 7:47 PM
wsj.com logoExxon Mobil Backs Out of Proposed Alaska LNG Project - Wall Street Journal (NYSE:TRP)
www.wsj.com - August 27 at 6:56 PM
finance.yahoo.com logoJacobs (JEC) to Boost Energy Business on TransCanada Deal (NYSE:TRP)
finance.yahoo.com - August 25 at 9:28 AM
News IconTransCanada Corporation (NYSE:TRP) from Oil & Gas Pipelines – Todays Top Gains (NYSE:TRP)
twincountynews.com - August 24 at 7:37 PM

Social

TransCanada Corp. (NYSE:TRP) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff