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: $47.16
  • 50 Day Moving Average: $46.91
  • 200 Day Moving Average: $44.33
  • 52-Week Range: $28.40 - $48.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 22.56
  • P/E Growth: 4.65
  • Market Cap: $37.73B
  • Outstanding Shares: 800,000,000
  • Beta: 0.66
  • Net Margins: -12.06%
  • Return on Equity: 10.93%
  • Return on Assets: 2.62%
  • 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 (28.19% upside)

Analysts' Ratings History for TransCanada Corp. (NYSE:TRP)
DateFirmActionRatingPrice TargetDetails
10/12/2016TD SecuritiesReiterated RatingBuy$67.00View Rating Details
9/27/2016BMO Capital MarketsReiterated RatingOutperform$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
7/29/2016Credit 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 10/22/2014 forward)


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)


Earnings Estimates for TransCanada Corp. (NYSE:TRP)
Current Year EPS Consensus Estimate: $1.94 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
Q3 20161$0.53$0.53$0.53
(Data provided by Zacks Investment Research)


Current Dividend Information for TransCanada Corp. (NYSE:TRP)
Annual Dividend:$1.72
Dividend Yield:3.65%
Dividend Growth:-1.50% (3 Year Average)
Payout Ratio:-114.67% (Based on Trailing 12 Months of Earnings)
88.66% (Based on Current Year Consensus EPS Estimate)
82.30% (Based on Next Year Consensus EPS Estimate)

Dividend History for TransCanada Corp. (NYSE:TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(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


Latest Headlines for TransCanada Corp. (NYSE:TRP)
News IconManitou Investment Management Ltd. Acquires Shares of 111150 TransCanada Corp. (TRP) - DailyQuint (NYSE:TRP) - October 19 at 7:23 PM logoTransCanada to Issue Third Quarter 2016 Results November 2 (NYSE:TRP) - October 19 at 7:23 PM
News IconTransCanada Corp. (TRP) Stock Rating Reaffirmed by TD Securities - DailyQuint (NYSE:TRP) - October 19 at 9:18 AM logoTransCanada Corp. breached its 50 day moving average in a Bullish Manner : TRP-US : October 19, 2016 (NYSE:TRP) - October 19 at 9:18 AM
News IconUpdate on TransCanada Corporation (NYSE:TRP) for the day (NYSE:TRP) - October 18 at 9:12 AM
News IconLeading stocks in today’s market: TransCanada Corporation (NYSE:TRP) (NYSE:TRP) - October 16 at 9:22 AM
News Icon(TRP) Receives C$62.50 Average Target Price from Analysts (NYSE:TRP) - October 15 at 7:18 PM
News IconThe Battle for a High-Demand Gas Market (NYSE:TRP) - October 14 at 7:35 PM
News IconTransCanada offers lower price to Alberta natural gas shippers - (NYSE:TRP) - October 13 at 7:58 PM
News IconTD Securities Reiterates “Buy” Rating for TransCanada Corp. (TRP) - DailyQuint (NYSE:TRP) - October 13 at 7:58 PM logoTransCanada launches open season for tolls on Canada gas mainline (NYSE:TRP) - October 13 at 7:58 PM logoTransCanada launches open season for tolls on Canada Mainline (NYSE:TRP) - October 13 at 11:42 AM
News IconTransCanada offers Alberta gas shippers lower price along Canadian Mainline (NYSE:TRP) - October 13 at 11:42 AM logoTransCanada to conduct planned work on Keystone's Cushing facility starting November 2 (NYSE:TRP) - October 12 at 7:45 PM logoLegal & General Group Plc Buys A Lot More TransCanada Corporation Common (TRP) Stock Last Quarter (NYSE:TRP) - October 12 at 7:45 PM logoActivists Shut Down Five Canada-US Pipelines (KMI) (NYSE:TRP) - October 12 at 10:45 AM
News IconWikiLeaks: Clinton Campaign Faced Roadblocks Following Keystone XL Opposition - Oil and Gas Investor (registration) (NYSE:TRP) - October 10 at 7:14 PM
News IconPosition Changed: Bank Of Nova Scotia Stake in Royal Bk Cda Montreal Que (RY) Has Upped by $1.59 Billion - Chester News (NYSE:TRP) - October 10 at 8:49 AM logoClinton campaign struggled to balance unions, environmentalists - emails/WikiLeaks (NYSE:TRP) - October 8 at 9:08 AM
News IconHOOPP to buy half ownership in TransCanada Tower - (NYSE:TRP) - October 7 at 7:25 PM
News IconTransCanada bids US$848 million to buy rest of Columbia Pipeline ... - Vancouver Sun (NYSE:TRP) - October 7 at 7:25 PM logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : October 7, 2016 (NYSE:TRP) - October 7 at 9:13 AM
News IconOntario pension buys half ownership in Calgary's TransCanada Tower - (NYSE:TRP) - October 6 at 7:30 PM logo3 Great Reasons to Buy TransCanada Corporation (NYSE:TRP) - October 6 at 12:48 PM logo[$$] US oil and gas pipeline industry ripe for consolidation (NYSE:TRP) - October 5 at 9:03 AM
News IconTransCanada Corporation (NYSE:TRP) from Oil & Gas Pipelines – Todays Top Gains (NYSE:TRP) - October 3 at 9:52 AM logoAnalysts Set EPS Target of $0.43 For TransCanada Corporation (NYSE:TRP) (NYSE:TRP) - October 2 at 6:40 PM logoALABAMA MUNICIPAL ELECTRIC AUTHORITY -- Moody's Upgrades AMEA's 2013 Series A Power Supply Revenue Refunding Bonds to A2; Outlook Stable (NYSE:TRP) - September 30 at 7:02 PM
News IconOil & Gas Pipelines: TransCanada Corporation (NYSE:TRP) Position of the day (NYSE:TRP) - September 29 at 7:41 PM
News IconLatest Analyst Ratings For TransCanada Corporation (NYSE:TRP) (NYSE:TRP) - September 29 at 7:41 PM
News IconAlberta First Nation says politics rushed pipeline approval - (NYSE:TRP) - September 29 at 9:13 AM
News IconPolitics rushed pipeline approval: First Nation (NYSE:TRP) - September 28 at 7:32 PM
News IconCourt papers proof political pressure rushed pipeline approval: First Nation (NYSE:TRP) - September 28 at 7:32 PM
News IconIs TransCanada Corporation (NYSE:TRP), a large market cap stock a smart buy? (NYSE:TRP) - September 28 at 7:32 PM
News IconTransCanada Corp. (TRP) stock slips, "Buy" rating reiterated at BMO Capital Markets - BNB Daily (blog) (NYSE:TRP) - September 28 at 9:20 AM logoReminder - TransCanada (TRP) Goes Ex-Dividend Soon - Forbes (NYSE:TRP) - September 28 at 9:19 AM
News IconTransCanada Bids For Pipeline Firm -- WSJ (NYSE:TRP) - September 27 at 7:43 PM logoTransCanada Corporation: Focus on New and Acquired Pipelines (NYSE:TRP) - September 27 at 7:43 PM logoBMO Capital Reiterates Outperform on TransCanada (TRP) Following Offer to CPPL (NYSE:TRP) - September 27 at 7:43 PM
News IconTop Gainers of the Day: TransCanada Corporation (NYSE:TRP) from Oil & Gas Pipelines (NYSE:TRP) - September 27 at 7:43 PM logoEnergy Sector Update for 09/26/2016: CPPL,TRP,GPP,GPRE - Nasdaq (NYSE:TRP) - September 27 at 11:52 AM logoTransCanada to Buy Columbia Pipeline Partners for $848M (NYSE:TRP) - September 27 at 11:52 AM
News IconTransCanada bids US$848 million to buy rest of Columbia Pipeline Partnership (NYSE:TRP) - September 26 at 10:15 AM logoUS, Canada native groups to join Dakota Access pipeline fight - Reuters (NYSE:TRP) - September 23 at 7:08 PM logoTransCanada's ANR Pipeline Files Settlement in Section 4 Rate Case (NYSE:TRP) - September 22 at 7:25 PM logoTransCanada's (TRP) Pipeline Company Files Settlement with FERC Over Section 4 Rate Case (NYSE:TRP) - September 22 at 7:25 PM logoTrends In Midstream M&A - The United States Oil ETF, LP ... - Seeking Alpha (NYSE:TRP) - September 22 at 8:55 AM logoEnbridge, Canada Won't Appeal Court Ruling on Northern Gateway - Wall Street Journal (NYSE:TRP) - September 21 at 6:16 AM
News IconTransCanada Co. (TRP) Receives Buy Rating from Credit Suisse - DailyQuint (NYSE:TRP) - September 20 at 4:49 PM logoEnergy East Raises Legitimate Concerns, Quebec Premier Says (NYSE:TRP) - September 20 at 4:49 PM


TransCanada Corp. (NYSE:TRP) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by Staff