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S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
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"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
NYSE:TRP

TC Energy (TRP) Stock Forecast, Price & News

$41.74
+0.09 (+0.22%)
(As of 06/8/2023 ET)
Compare
Today's Range
$41.14
$41.85
50-Day Range
$38.91
$42.55
52-Week Range
$36.79
$58.63
Volume
1.08 million shs
Average Volume
1.81 million shs
Market Capitalization
$42.97 billion
P/E Ratio
33.39
Dividend Yield
6.59%
Price Target
$63.06

TC Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
51.1% Upside
$63.06 Price Target
Short Interest
Healthy
2.24% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.41
Upright™ Environmental Score
News Sentiment
0.62mentions of TC Energy in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.54%
From $3.07 to $2.90 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.19 out of 5 stars

Oils/Energy Sector

132nd out of 248 stocks

Natural Gas Transmission Industry

11th out of 18 stocks


TRP stock logo

About TC Energy (NYSE:TRP) Stock

TC Energy Corporation engages in the provision of energy infrastructure services. It operates through the following business segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, Power and Energy Solutions, and Corporate. The Canadian Natural Gas Pipelines segment consists of regulated natural gas pipelines. The U.S. Natural Gas Pipelines segment manages the regulated natural gas pipelines, regulated natural gas storage facilities, midstream, and other assets. The Mexico Natural Gas Pipelines invests on regulated natural gas pipelines in Mexico. The Liquids Pipelines handles investments on crude oil pipeline systems. The Power and Energy Solutions segment consists of power generation plants and non-regulated natural gas storage facilities. The company was founded in 1951 and is headquartered in Calgary, Canada.

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TRP Stock News Headlines

Equitrans Midstream Surges 40% On Debt Ceiling Deal (TRP)
Natural gas pipeline operator Equitrans Midstream surges 40% as the Mountain Valley Pipeline project's completion looks promising with the debt ceiling deal.
TC Energy laying off staff
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
TC Energy Has Substantial Catalysts
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
TC Energy (NYSE:TRP) Now Covered by StockNews.com
Closing Bell: Tc Energy Corp up on Tuesday (TRP)
Closing Bell: Tc Energy Corp down on Thursday (TRP)
Closing Bell: Tc Energy Corp down on Thursday (TRP)
Brokerages Set TC Energy Co. (NYSE:TRP) Target Price at $64.94
Closing Bell: Tc Energy Corp up on Friday (TRP)
See More Headlines

TRP Price History

TRP Company Calendar

Ex-Dividend for 4/28 Dividend
3/30/2023
Last Earnings
4/28/2023
Dividend Payable
4/28/2023
Today
6/08/2023
Ex-Dividend for 7/31 Dividend
6/29/2023
Next Earnings (Estimated)
7/27/2023
Dividend Payable
7/31/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
7,477
Year Founded
1951

Price Target and Rating

Average Stock Price Forecast
$63.06
High Stock Price Forecast
$68.00
Low Stock Price Forecast
$53.00
Forecasted Upside/Downside
+51.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$575.36 million
Pretax Margin
14.89%

Debt

Sales & Book Value

Annual Sales
$11.52 billion
Cash Flow
$5.34 per share
Book Value
$23.89 per share

Miscellaneous

Outstanding Shares
1,029,470,000
Free Float
N/A
Market Cap
$42.97 billion
Optionable
Optionable
Beta
0.85

Social Links


Key Executives

  • Francois L. Poirier
    President, Chief Executive Officer & Director
  • Joel E. HunterJoel E. Hunter
    Chief Financial Officer & Executive Vice President
  • Jawad A. Masud
    Senior Vice President-Technical Centre
  • Leslie C. Kass
    Executive Vice President-Technical Centre
  • Patrick M Keys
    Executive Vice President & General Counsel













TRP Stock - Frequently Asked Questions

Should I buy or sell TC Energy stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TRP shares.
View TRP analyst ratings
or view top-rated stocks.

What is TC Energy's stock price forecast for 2023?

4 brokerages have issued 1 year target prices for TC Energy's shares. Their TRP share price forecasts range from $53.00 to $68.00. On average, they anticipate the company's stock price to reach $63.06 in the next year. This suggests a possible upside of 51.1% from the stock's current price.
View analysts price targets for TRP
or view top-rated stocks among Wall Street analysts.

How have TRP shares performed in 2023?

TC Energy's stock was trading at $39.86 at the beginning of the year. Since then, TRP shares have increased by 4.7% and is now trading at $41.74.
View the best growth stocks for 2023 here
.

Are investors shorting TC Energy?

TC Energy saw a decline in short interest in May. As of May 15th, there was short interest totaling 22,410,000 shares, a decline of 17.0% from the April 30th total of 26,990,000 shares. Based on an average daily volume of 1,800,000 shares, the short-interest ratio is currently 12.5 days. Currently, 2.2% of the shares of the stock are short sold.
View TC Energy's Short Interest
.

When is TC Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our TRP earnings forecast
.

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) announced its quarterly earnings results on Friday, April, 28th. The pipeline company reported $0.89 EPS for the quarter, meeting the consensus estimate of $0.89. The pipeline company earned $2.91 billion during the quarter, compared to analysts' expectations of $2.73 billion. TC Energy had a trailing twelve-month return on equity of 13.97% and a net margin of 11.35%.

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

TC Energy declared a quarterly dividend on Friday, April 28th. Investors of record on Friday, June 30th will be given a dividend of $0.688 per share on Monday, July 31st. This represents a $2.75 annualized dividend and a dividend yield of 6.59%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for TRP
.

Is TC Energy a good dividend stock?

TC Energy (NYSE:TRP) pays an annual dividend of $2.75 per share and currently has a dividend yield of 6.68%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 220.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TRP will have a dividend payout ratio of 94.83% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TRP.

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

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

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 a number of retail and institutional investors. Top institutional shareholders include National Bank of Canada FI (2.22%), Wellington Management Group LLP (2.03%), Deutsche Bank AG (2.00%), Mackenzie Financial Corp (1.74%), Price T Rowe Associates Inc. MD (1.68%) and 1832 Asset Management L.P. (1.52%).

How do I buy shares of TC Energy?

Shares of TRP stock 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 $41.74.

How much money does TC Energy make?

TC Energy (NYSE:TRP) has a market capitalization of $42.97 billion and generates $11.52 billion in revenue each year. The pipeline company earns $575.36 million in net income (profit) each year or $1.25 on an earnings per share basis.

How many employees does TC Energy have?

The company employs 7,477 workers across the globe.

How can I contact TC Energy?

TC Energy's mailing address is 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1. The official website for the company is www.transcanada.com. The pipeline company can be reached via phone at (403) 920-2000, via email at investor_relations@transcanada.com, or via fax at 1403-920-2200.

This page (NYSE:TRP) was last updated on 6/9/2023 by MarketBeat.com Staff

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