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: $46.76
  • 50 Day Moving Average: $46.66
  • 200 Day Moving Average: $41.48
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 21.95
  • P/E Growth: 4.56
  • Market Cap: $37.41B
  • Outstanding Shares: 800,000,000
  • Beta: 0.62
Additional Links:
Companies Related to TransCanada Corp.:

Analyst Ratings

Consensus Ratings for TransCanada Corp. (NYSE:TRP) (?)
Ratings Breakdown: 2 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $61.73 (32.01% upside)

Analysts' Ratings History for TransCanada Corp. (NYSE:TRP)
Show:
DateFirmActionRatingPrice TargetDetails
7/31/2016TD SecuritiesReiterated RatingBuy$63.00 -> $67.00View Rating Details
7/31/2016ScotiabankReiterated RatingOutperform$66.00 -> $68.00View Rating Details
7/29/2016BMO Capital MarketsReiterated RatingBuy$65.00View 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 8/24/2014 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: $1.99 EPS
Next Year EPS Consensus Estimate: $2.13 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:3.70%
Payout Ratio:-115.33% (Based on Trailing 12 Months of Earnings)
86.93% (Based on Current Year Consensus EPS Estimate)
81.22% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-1.50% (3 Year Average)

Dividend History for TransCanada Corp. (NYSE:TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 Corporation (NYSE:TRP) from Oil & Gas Pipelines – Todays Top Gains (NYSE:TRP)
twincountynews.com - August 24 at 7:37 PM
mysmartrend.com logoTransCanada Up 42.4% Since SmarTrend Uptrend Call (TRP) (NYSE:TRP)
www.mysmartrend.com - August 24 at 10:56 AM
reuters.com logoTSX rises to 1-week high as bank earnings support financials - Reuters Canada (NYSE:TRP)
ca.reuters.com - August 23 at 8:01 PM
News IconMexico to See Up to $13 Billion in Project Kickoffs in Fourth-Quarter 2016 (NYSE:TRP)
www.industrialinfo.com - August 22 at 8:59 AM
reuters.com logoTransCanada offers 42 percent gas pipeline toll cut on long-term contracts (NYSE:TRP)
ca.reuters.com - August 19 at 7:46 PM
News IconOil & Gas Pipelines: TransCanada Corporation (NYSE:TRP) Position of the day (NYSE:TRP)
twincountynews.com - August 19 at 7:46 PM
fool.ca logoUp 17% This Summer: Can TransCanada Corporation Keep it Going? (NYSE:TRP)
www.fool.ca - August 18 at 8:06 PM
stockhouse.com logoTRANSCANADA CORP. T.TRP (NYSE:TRP)
www.stockhouse.com - August 18 at 10:58 AM
reuters.com logoTSX falls as energy, mining stocks weigh with commodities - Reuters Canada (NYSE:TRP)
ca.reuters.com - August 17 at 8:12 PM
fool.ca logoLooking for +10% Growth in Emerging Markets? Look No Further Than TransCanada Corporation (NYSE:TRP)
www.fool.ca - August 16 at 7:59 PM
mysmartrend.com logoShares of TRP Up 42.7% Since Uptrend Call on Shares (NYSE:TRP)
www.mysmartrend.com - August 16 at 7:59 PM
News IconTop Gainers of the Day: TransCanada Corporation (NYSE:TRP) from Oil & Gas Pipelines (NYSE:TRP)
twincountynews.com - August 16 at 7:59 PM
capitalcube.com logoETF’s with exposure to TransCanada Corp. : August 15, 2016 (NYSE:TRP)
www.capitalcube.com - August 15 at 8:15 PM
fool.com logoWhy is TransCanada Corporation Building Another Pipeline in Mexico? (NYSE:TRP)
www.fool.com - August 15 at 8:15 PM
fidaily.com logoHightower Advisors, LLC Increases Its Stake in TransCanada Corporation Common (TRP) (NYSE:TRP)
www.fidaily.com - August 11 at 11:20 AM
News IconTrump says if elected, he'd ask TransCanada to reapply for Keystone XL pipeline (NYSE:TRP)
calgaryherald.com - August 10 at 11:03 AM
News IconTrump would ask TransCanada Corp. to reapply for Keystone XL - CTV News (NYSE:TRP)
www.ctvnews.ca - August 9 at 11:19 AM
News IconTrump campaign: If elected, he'd ask TransCanada to reapply for Keystone XL (NYSE:TRP)
www.sudbury.com - August 8 at 8:07 PM
News IconIs TransCanada Corporation (NYSE:TRP), a large market cap stock a smart buy? (NYSE:TRP)
twincountynews.com - August 8 at 8:07 PM
fidaily.com logoTd Asset Management Inc Adjusts Its Investment in TransCanada Corporation Common (TRP) Stock (NYSE:TRP)
www.fidaily.com - August 5 at 10:57 AM
News IconNatural gas pipeline approved for Vaughan (NYSE:TRP)
www.newstalk1010.com - August 5 at 10:57 AM
News IconUpdate on TransCanada Corporation (NYSE:TRP) for the day (NYSE:TRP)
twincountynews.com - August 5 at 10:57 AM
News IconNEB approves TransCanada's natural gas pipeline in Vaughan - CP24 Toronto's Breaking News (NYSE:TRP)
www.cp24.com - August 4 at 8:23 PM
capitalcube.com logoETF’s with exposure to TransCanada Corp. : August 4, 2016 (NYSE:TRP)
www.capitalcube.com - August 4 at 8:23 PM
publicnow.com logoTC PipeLines, LP Announces 2016 Second Quarter Financial Results (NYSE:TRP)
www.publicnow.com - August 4 at 11:08 AM
wsj.com logoTransCanada Teams Up to Build Mexican Fuels Terminal - Wall Street Journal (NYSE:TRP)
www.wsj.com - August 3 at 8:16 PM
capitalcube.com logoTransCanada Corp. :TRP-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:TRP)
www.capitalcube.com - August 3 at 8:16 PM
capitalcube.com logoTransCanada Corp. :TRP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:TRP)
www.capitalcube.com - August 3 at 8:16 PM
fool.com logoTransCanada Corporation Chooses Growth Over Discipline in Q2 Earnings (NYSE:TRP)
www.fool.com - August 3 at 1:31 PM
reuters.com logoTransCanada plans to develop $800 million project in Mexico (NYSE:TRP)
ca.reuters.com - August 3 at 11:12 AM
twst.com logoTransCanada Corporation: TransCanada, Sierra Oil & Gas and Grupo TMM Propose New Refined Products Storage and Transportation Infrastructure in Mexico (NYSE:TRP)
www.twst.com - August 3 at 11:12 AM
News IconLeading stocks in today’s market: TransCanada Corporation (NYSE:TRP) (NYSE:TRP)
twincountynews.com - August 3 at 11:12 AM
News IconTransCanada plans to develop $800M project in Mexico - bnn.ca (NYSE:TRP)
www.bnn.ca - August 2 at 8:16 PM
finance.yahoo.com logo12:13 pm TransCanada, Sierra Oil & Gas, and Grupo announce they are proposing to jointly develop storage and transportation infrastructure in the central region of Mexico and surrounding markets (NYSE:TRP)
finance.yahoo.com - August 2 at 8:16 PM
publicnow.com logoTransCanada, Sierra Oil & Gas and Grupo TMM Propose New Refined Products Storage and Transportation Infrastructure in Mexico (NYSE:TRP)
www.publicnow.com - August 2 at 8:16 PM
finance.yahoo.com logoTransCanada plans to develop $800 mln project in Mexico (NYSE:TRP)
finance.yahoo.com - August 2 at 8:16 PM
finance.yahoo.com logoTransCanada plans $800 mln refined products project in Mexico (NYSE:TRP)
finance.yahoo.com - August 2 at 8:16 PM
wsj.com logo[$$] TransCanada Teams Up to Build Mexican Fuels Terminal (NYSE:TRP)
www.wsj.com - August 2 at 8:16 PM
News IconThe Consequences of Negative Interest Rate Policies (NYSE:TRP)
www.freedomthirtyfiveblog.com - August 1 at 7:42 PM
finance.yahoo.com logoColumbia Pipeline Partners LP Announces Increase to Quarterly Distribution (NYSE:TRP)
finance.yahoo.com - August 1 at 7:42 PM
seekingalpha.com logoTransCanada: Building For Its Future (NYSE:TRP)
seekingalpha.com - July 31 at 10:43 AM
breakingfinancenews.com logoTD Securities reported on (TSE:TRP) TransCanada Corporation, raising its stock price target to $67 today (NYSE:TRP)
breakingfinancenews.com - July 31 at 10:43 AM
seekingalpha.com logoTransCanada: Building For Its Future - Seeking Alpha (NYSE:TRP)
seekingalpha.com - July 29 at 8:10 PM
News IconExpenses push TransCanada Q2 profit down 14% (NYSE:TRP)
blackburnnews.com - July 29 at 10:57 AM
News IconTransCanada Profit Beats Expectations; Asset Sales On Track (NYSE:TRP)
www.oilandgasinvestor.com - July 28 at 11:14 AM
News IconTransCanada Q2 profit falls 14% to $365 million as it absorbs Columbia Pipeline (NYSE:TRP)
www.canadianbusiness.com - July 28 at 11:14 AM
reuters.com logoTransCanada profit beats; says asset sale plan on track (NYSE:TRP)
ca.reuters.com - July 28 at 11:14 AM
marketwatch.com logoTransCanada Declares Quarterly Dividends (NYSE:TRP)
www.marketwatch.com - July 28 at 11:14 AM
sg.finance.yahoo.com logoTransCanada posts 2Q profit (NYSE:TRP)
sg.finance.yahoo.com - July 28 at 9:56 AM
News IconTransCanada Corporation (USA) Mexican Pipeline Stake Auction ... - Business Finance News (NYSE:TRP)
www.businessfinancenews.com - July 27 at 8:20 PM

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TransCanada Corp. (NYSE:TRP) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff