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S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80

TC Energy Stock Forecast, Price & News

$50.88
-0.42 (-0.82%)
(As of 07/6/2022 12:00 AM ET)
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Today's Range
$49.80
$51.31
50-Day Range
$50.11
$59.05
52-Week Range
$44.77
$59.38
Volume
1.38 million shs
Average Volume
1.87 million shs
Market Capitalization
$50.04 billion
P/E Ratio
19.35
Dividend Yield
5.46%
Price Target
$68.00

TC Energy MarketRank™ Forecast

Analyst Rating
Hold
2.08 Rating Score
Upside/​Downside
33.6% Upside
$68.00 Price Target
Short Interest
Bearish
2.78% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.57
Upright™ Environmental Score
News Sentiment
0.78mentions of TC Energy in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.78%
From $3.35 to $3.51 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.15 out of 5 stars

Oils/Energy Sector

108th out of 398 stocks

Natural Gas Transmission Industry

9th out of 31 stocks

30 days | 90 days | 365 days | Advanced Chart

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TC Energy logo

About TC Energy (NYSE:TRP) Stock

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Storage. The company builds and operates 93,300 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 4,300 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.

TRP Stock News Headlines

3 Dividend Aristocrat Stocks to Buy and Hold Forever
TC Energy Co. (NYSE:TRP) Raises Dividend to $0.72 Per Share
Brokerages Set TC Energy Co. (NYSE:TRP) PT at $67.90
The 2 Best Natural Gas Stocks to Invest in Canada
TC Energy Stock: Poised to Rise Further
TC Energy declares CAD 0.90 dividend
TC Energy Q1 2022 Earnings Preview
See More Headlines

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
7,017
Year Founded
1951

Company Calendar

Ex-Dividend for 4/29 Dividend
3/30/2022
Last Earnings
4/29/2022
Dividend Payable
4/29/2022
Ex-Dividend for 7/29 Dividend
6/29/2022
Today
7/07/2022
Dividend Payable
7/29/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$68.00
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+33.6%
Consensus Rating
Hold
Rating Score (0-4)
2.08333333333333
Research Coverage
12 Analysts

Profitability

Net Income
$1.56 billion
Pretax Margin
31.54%

Debt

Sales & Book Value

Annual Sales
$10.68 billion
Cash Flow
$5.28 per share
Book Value
$24.33 per share

Miscellaneous

Free Float
N/A
Market Cap
$50.04 billion
Optionable
Optionable
Beta
0.73

Social Links















TC Energy Frequently Asked Questions

Should I buy or sell TC Energy stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 3 sell ratings, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TC Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRP, but not buy additional shares or sell existing shares.
View analyst ratings for TC Energy
or view top-rated stocks.

What is TC Energy's stock price forecast for 2022?

12 Wall Street analysts have issued 1 year target prices for TC Energy's shares. Their TRP stock forecasts range from $45.00 to $78.00. On average, they predict TC Energy's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 33.6% from the stock's current price.
View analysts' price targets for TC Energy
or view top-rated stocks among Wall Street analysts.

How has TC Energy's stock price performed in 2022?

TC Energy's stock was trading at $46.54 at the beginning of 2022. Since then, TRP stock has increased by 9.3% and is now trading at $50.88.
View the best growth stocks for 2022 here
.

Are investors shorting TC Energy?

TC Energy saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 27,170,000 shares, an increase of 119.3% from the May 31st total of 12,390,000 shares. Based on an average trading volume of 1,700,000 shares, the short-interest ratio is currently 16.0 days. Currently, 2.8% of the company's shares are sold short.
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, August 4th 2022.
View our earnings forecast for TC Energy
.

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) posted its quarterly earnings data on Friday, April, 29th. The pipeline company reported $0.88 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by $0.01. The pipeline company had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.60 billion. TC Energy had a trailing twelve-month return on equity of 14.61% and a net margin of 24.96%. The company's revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the business earned $0.89 EPS.
View TC Energy's earnings history
.

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

TC Energy declared a quarterly dividend on Friday, April 29th. Shareholders of record on Thursday, June 30th will be given a dividend of $0.72 per share on Friday, July 29th. This represents a $2.88 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date of this dividend is Wednesday, June 29th. This is an increase from TC Energy's previous quarterly dividend of $0.71.
View TC Energy's dividend history
.

Is TC Energy a good dividend stock?

TC Energy(NYSE:TRP) pays an annual dividend of $2.80 per share and currently has a dividend yield of 5.46%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of TC Energy is 106.46%. 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 79.77% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.
View TC Energy's dividend history.

Who are TC Energy's key executives?

TC Energy's management team includes the following people:
  • Mr. Francois Lionel Poirier, CEO, Pres & Director (Age 56, Pay $1.69M)
  • Mr. Joel E. Hunter, Exec. VP & CFO (Age 55, Pay $640.13k)
  • Mr. Bevin Mark Wirzba M.B.A., MBA, P.Eng., EVP of Strategy & Corp. Dev. and Group Exec. of Canadian Natural Gas & Liquids Pipelines
  • Mr. Stanley Graham Chapman III, Exec. VP and Pres of U.S. & Mexico Natural Gas Pipelines (Age 56, Pay $1.2M)
  • Ms. Tracy A. Robinson, Exec. Advisor (Age 58, Pay $948.57k)
  • Mr. Jawad A. Masud, Sr. Vice-Pres of Technical Centre
  • Gavin Wylie, Vice-Pres of Investor Relations
  • Mr. Patrick M. Keys, Exec. VP, Gen. Counsel and Chief Compliance & Sustainability Officer
  • Mr. Richard J. Prior, Pres of Liquids Pipelines.
  • Mr. Shawn L. Patterson, Sr. VP of Operations - U.S. Natural Gas Pipelines (Age 48)

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.

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 investors include Nexus Investment Management ULC (0.05%) and Vigilant Capital Management LLC (0.00%).

Which major investors are buying TC Energy stock?

TRP stock was acquired by a variety of institutional investors in the last quarter, including Nexus Investment Management ULC, and Vigilant Capital Management LLC.

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 $50.88.

How much money does TC Energy make?

TC Energy (NYSE:TRP) has a market capitalization of $50.04 billion and generates $10.68 billion in revenue each year. The pipeline company earns $1.56 billion in net income (profit) each year or $2.63 on an earnings per share basis.

How many employees does TC Energy have?

TC Energy employs 7,017 workers across the globe.

When was TC Energy founded?

TC Energy was founded in 1951.

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 TC Energy 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 7/7/2022 by MarketBeat.com Staff

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