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TC Energy Stock Forecast, Price & News

$50.52
+0.89 (+1.79 %)
(As of 05/14/2021 12:00 AM ET)
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Today's Range
$50.09
$50.75
50-Day Range
$45.75
$51.19
52-Week Range
$38.80
$51.92
Volume1.78 million shs
Average Volume2.39 million shs
Market Capitalization$49.44 billion
P/E Ratio14.39
Dividend Yield5.12%
Beta0.71
30 days | 90 days | 365 days | Advanced Chart
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TC Energy logo

About TC Energy

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage segments. The company builds and operates 93,400 km network of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,200 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

Headlines

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
CUSIPN/A
Phone(403) 920-2000
Employees7,283
Year Founded1951

Sales & Book Value

Annual Sales$9.99 billion
Cash Flow$5.98 per share
Book Value$22.83 per share

Profitability

Net Income$3.12 billion

Debt

Price-To-Earnings

Miscellaneous

Market Cap$49.44 billion
Next Earnings Date7/29/2021 (Estimated)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

2.08 out of 5 stars

Oils/Energy Sector

40th out of 664 stocks

Natural Gas Transmission Industry

4th out of 36 stocks

Analyst Opinion: 3.4Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
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TC Energy (NYSE:TRP) Frequently Asked Questions

Is TC Energy a buy right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 3 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TC Energy stock.
View analyst ratings for TC Energy
or view top-rated stocks.

What stocks does MarketBeat like better than TC Energy?

Wall Street analysts have given TC Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but TC Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting TC Energy?

TC Energy saw a decrease in short interest in April. As of April 15th, there was short interest totaling 4,500,000 shares, a decrease of 48.8% from the March 31st total of 8,790,000 shares. Based on an average trading volume of 2,560,000 shares, the short-interest ratio is currently 1.8 days. Currently, 0.5% of the company's stock are short sold.
View TC Energy's Short Interest
.

When is TC Energy's next earnings date?

TC Energy is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for TC Energy
.

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) released its earnings results on Wednesday, February, 17th. The pipeline company reported $1.15 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.78 by $0.37. The pipeline company earned $2.53 billion during the quarter. TC Energy had a trailing twelve-month return on equity of 13.26% and a net margin of 34.82%.
View TC Energy's earnings history
.

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

TC Energy's stock was trading at $45.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRP stock has increased by 10.0% and is now trading at $50.52.
View which stocks have been most impacted by COVID-19
.

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

TC Energy declared a quarterly dividend on Monday, May 10th. Stockholders of record on Wednesday, June 30th will be paid a dividend of $0.7137 per share on Friday, July 30th. This represents a $2.85 dividend on an annualized basis and a dividend yield of 5.65%. The ex-dividend date is Tuesday, June 29th. This is an increase from TC Energy's previous quarterly dividend of $0.69.
View TC Energy's dividend history
.

Is TC Energy a good dividend stock?

TC Energy pays an annual dividend of $2.54 per share and currently has a dividend yield of 5.12%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. TC Energy does not yet have a strock track record of dividend growth. The dividend payout ratio of TC Energy is 81.41%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TC Energy will have a dividend payout ratio of 80.38% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.
View TC Energy's dividend history.

What price target have analysts set for TRP?

19 analysts have issued 1 year target prices for TC Energy's stock. Their forecasts range from $49.00 to $75.00. On average, they anticipate TC Energy's share price to reach $68.07 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price.
View analysts' price targets for TC Energy
or view top-rated stocks among Wall Street analysts.

Who are TC Energy's key executives?

TC Energy's management team includes the following people:
  • Mr. Francois Lionel Poirier, CEO, Pres & Director (Age 55, Pay $1.46M)
  • Mr. Donald R. Marchand, Exec. VP of Strategy & Corp. Devel. and CFO (Age 58, Pay $1.17M)
  • Mr. Stanley Graham Chapman III, Exec. VP and Pres of U.S. & Mexico Natural Gas Pipelines (Age 55, Pay $1.36M)
  • Ms. Tracy A. Robinson, Exec. VP, Pres of Canadian Natural Gas Pipelines & Pres Coastal Gas Link (Age 57, Pay $982.48k)
  • Mr. David Moneta, VP of Investor Relations & Financial Communications
  • Mr. Patrick M. Keys, EVP of Stakeholder Relations, Gen. Counsel, Chief Compliance & Sustainability Officer
  • Mr. Joel E. Hunter, Sr. VP of Capital Markets (Age 54)
  • Mr. Shawn L. Patterson, Sr. VP of Operations - U.S. Natural Gas Pipelines (Age 47)
  • Ms. Leslie C. Kass, Exec. VP of Technical Centre (Age 49)
  • Mr. Bevin Mark Wirzba M.B.A., P.Eng., MBA, Exec. VP & Pres of Liquids Pipelines

What is Russell K. (Russ) Girling's approval rating as TC Energy's CEO?

221 employees have rated TC Energy CEO Russell K. (Russ) Girling on Glassdoor.com. Russell K. (Russ) Girling has an approval rating of 97% among TC Energy's employees. This puts Russell K. (Russ) Girling in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of TC Energy's key competitors?

What other stocks do shareholders of TC Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TC Energy investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Enbridge (ENB), Johnson & Johnson (JNJ), International Business Machines (IBM), QUALCOMM (QCOM) and AbbVie (ABBV).

What is TC Energy's stock symbol?

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

Who are TC Energy's major shareholders?

TC Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (3.13%), Capital International Investors (2.76%), FIL Ltd (1.98%), TD Asset Management Inc. (1.85%), Bank of Nova Scotia (1.35%) and CIBC Asset Management Inc (1.04%).

Which institutional investors are selling TC Energy stock?

TRP stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Caisse DE Depot ET Placement DU Quebec, APG Asset Management N.V., M&G Investment Management Ltd., Allianz Asset Management GmbH, Burgundy Asset Management Ltd., Duff & Phelps Investment Management Co., and Chickasaw Capital Management LLC.

Which institutional investors are buying TC Energy stock?

TRP stock was acquired by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Mufg Securities Canada LTD., FIL Ltd, Healthcare of Ontario Pension Plan Trust Fund, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Russell Investments Group Ltd., Bank of Montreal Can, and Letko Brosseau & Associates Inc..

How do I buy shares of TC Energy?

Shares of TRP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TC Energy's stock price today?

One share of TRP stock can currently be purchased for approximately $50.52.

How much money does TC Energy make?

TC Energy has a market capitalization of $49.44 billion and generates $9.99 billion in revenue each year. The pipeline company earns $3.12 billion in net income (profit) each year or $3.12 on an earnings per share basis.

How many employees does TC Energy have?

TC Energy employs 7,283 workers across the globe.

When was TC Energy founded?

TC Energy was founded in 1951.

What is TC Energy's official website?

The official website for TC Energy is www.transcanada.com.

Where are TC Energy's headquarters?

TC Energy is headquartered at 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1.

How can I contact TC Energy?

TC Energy's mailing address is 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1. The pipeline company can be reached via phone at (403) 920-2000 or via email at [email protected]


This page was last updated on 5/15/2021 by MarketBeat.com Staff
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