NYSE:TRP - Tc Pipelines Stock Price, News, & Analysis

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$47.46 -0.12 (-0.25 %)
(As of 04/26/2019 11:50 AM ET)
Previous Close$47.58
Today's Range$47.40 - $47.65
52-Week Range$34.58 - $47.81
Volume58,740 shs
Average Volume1.41 million shs
Market Capitalization$43.83 billion
P/E Ratio15.93
Dividend Yield4.69%
Beta0.88
TransCanada 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 Energy segments. The company transports natural gas to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, and other businesses. It owns and operates wholly-owned natural gas pipelines of 81,500 kilometers and partially-owned natural gas pipelines of 11,100 kilometers; and regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. The company also owns and manages midstream assets that provide natural gas producer services, including gathering, treatment, conditioning, processing, and liquids handling with a focus on the Appalachian Basin. In addition, it owns and operates liquids pipelines infrastructure for the transportation of Alberta crude oil supplies to the refining markets in Illinois, Oklahoma, and the U.S. Gulf Coast, as well as U.S. crude oil supplies from the market hub at Cushing, Oklahoma to the U.S. Gulf Coast. Further, the company operates 10 power generation facilities with a power generation capacity of 6,615 megawatt powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, New Brunswick, and Arizona; and owns and operates approximately 118 billion cubic feet of unregulated natural gas storage capacity in Alberta. TransCanada Corporation was founded in 1951 and is headquartered in Calgary, Canada.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-920-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.55 billion
Cash Flow$5.0275 per share
Book Value$22.70 per share

Profitability

Net Income$2.86 billion

Miscellaneous

Employees6,779
Market Cap$43.83 billion
Next Earnings Date5/3/2019 (Confirmed)
OptionableOptionable

Tc Pipelines (NYSE:TRP) Frequently Asked Questions

What is Tc Pipelines' stock symbol?

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

How often does Tc Pipelines pay dividends? What is the dividend yield for Tc Pipelines?

Tc Pipelines announced a quarterly dividend on Thursday, February 14th. Investors of record on Friday, March 29th will be given a dividend of $0.571 per share on Tuesday, April 30th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 4.81%. The ex-dividend date of this dividend is Thursday, March 28th. This is an increase from Tc Pipelines's previous quarterly dividend of $0.52. View Tc Pipelines' Dividend History.

How were Tc Pipelines' earnings last quarter?

Tc Pipelines Lp (NYSE:TRP) announced its earnings results on Thursday, February, 14th. The pipeline company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.33. The pipeline company earned $3.90 billion during the quarter, compared to analyst estimates of $3.53 billion. Tc Pipelines had a net margin of 26.72% and a return on equity of 13.85%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the company posted $0.82 earnings per share. View Tc Pipelines' Earnings History.

When is Tc Pipelines' next earnings date?

Tc Pipelines is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for Tc Pipelines.

How can I listen to Tc Pipelines' earnings call?

Tc Pipelines will be holding an earnings conference call on Friday, May 3rd at 3:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002739672.

What price target have analysts set for TRP?

10 brokerages have issued twelve-month price objectives for Tc Pipelines' stock. Their forecasts range from $28.00 to $66.00. On average, they expect Tc Pipelines' stock price to reach $50.20 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Price Targets for Tc Pipelines.

What is the consensus analysts' recommendation for Tc Pipelines?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tc Pipelines in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tc Pipelines.

Has Tc Pipelines been receiving favorable news coverage?

Press coverage about TRP stock has trended somewhat positive on Friday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tc Pipelines earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the pipeline company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next several days.

Are investors shorting Tc Pipelines?

Tc Pipelines saw a increase in short interest during the month of March. As of March 29th, there was short interest totalling 13,519,675 shares, an increase of 26.0% from the March 15th total of 10,727,033 shares. Based on an average trading volume of 1,195,537 shares, the days-to-cover ratio is presently 11.3 days. View Tc Pipelines' Current Options Chain.

Who are some of Tc Pipelines' key competitors?

What other stocks do shareholders of Tc Pipelines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tc Pipelines investors own include General Electric (GE), Enbridge (ENB), Energy Transfer LP Unit (ET), Pfizer (PFE), Cisco Systems (CSCO), Micron Technology (MU), Enterprise Products Partners (EPD), AT&T (T), Johnson & Johnson (JNJ) and Ford Motor (F).

Who are Tc Pipelines' key executives?

Tc Pipelines' management team includes the folowing people:
  • Mr. Russell K. Girling B.Com., M.B.A., B.Comm., Pres, CEO & Director (Age 56)
  • Mr. Donald R. Marchand, Exec. VP & CFO (Age 56)
  • Mr. Paul E. Miller, Exec. VP of Technical Centre & Pres of Liquids Pipelines (Age 60)
  • Mr. Stanley Graham Chapman III, Exec. VP & Pres of U.S. Natural Gas Pipelines (Age 53)
  • Mr. David Moneta, VP of Investor Relations

How do I buy shares of Tc Pipelines?

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

What is Tc Pipelines' stock price today?

One share of TRP stock can currently be purchased for approximately $47.46.

How big of a company is Tc Pipelines?

Tc Pipelines has a market capitalization of $43.83 billion and generates $10.55 billion in revenue each year. The pipeline company earns $2.86 billion in net income (profit) each year or $2.98 on an earnings per share basis. Tc Pipelines employs 6,779 workers across the globe.

What is Tc Pipelines' official website?

The official website for Tc Pipelines is http://www.transcanada.com.

How can I contact Tc Pipelines?

Tc Pipelines' 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]


MarketBeat Community Rating for Tc Pipelines (NYSE TRP)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  368 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  694
MarketBeat's community ratings are surveys of what our community members think about Tc Pipelines and other stocks. Vote "Outperform" if you believe TRP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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