S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94

TC Energy (TRP) Stock Forecast, Price & News

$55.42
+1.00 (+1.84%)
(As of 05/13/2022 06:40 PM ET)
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Today's Range
$54.84
$55.65
50-Day Range
$52.90
$58.77
52-Week Range
$44.77
$59.06
Volume
1.67 million shs
Average Volume
1.90 million shs
Market Capitalization
$54.48 billion
P/E Ratio
21.07
Dividend Yield
5.20%
Beta
0.71
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 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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$10.68 billion
Cash Flow
$5.46 per share
Book Value
$23.66 per share

Profitability

Net Income
$1.56 billion
Pretax Margin
31.54%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$54.48 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/29 Dividend
3/30/2022
Last Earnings
4/29/2022
Dividend Payable
4/29/2022
Today
5/16/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.31 out of 5 stars

Oils/Energy Sector

95th out of 370 stocks

Natural Gas Transmission Industry

6th out of 31 stocks

Analyst Opinion: 3.0Community Rank: 4.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -













TC Energy (NYSE:TRP) Frequently Asked Questions

Is TC Energy a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. 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.

Are investors shorting TC Energy?

TC Energy saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 9,810,000 shares, a decrease of 44.0% from the April 15th total of 17,520,000 shares. Based on an average daily volume of 1,820,000 shares, the short-interest ratio is presently 5.4 days. Approximately 1.0% of the shares of the company 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, August 4th 2022.
View our earnings forecast for TC Energy
.

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) released its quarterly earnings results on Friday, April, 29th. The pipeline company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.89 by $0.01. The pipeline company had revenue of $3.50 billion for the quarter, compared to analysts' expectations of $3.60 billion. TC Energy had a net margin of 24.96% and a trailing twelve-month return on equity of 14.61%. The business's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 earnings per share.
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 paid a dividend of $0.72 per share on Friday, July 29th. This represents a $2.88 annualized dividend and a yield of 5.20%. The ex-dividend date of this dividend is Wednesday, June 29th. This is a boost 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 pays an annual dividend of $2.88 per share and currently has a dividend yield of 5.20%. 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 strong track record of dividend growth. The dividend payout ratio of TC Energy is 109.51%. 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 81.36% 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?

12 brokers have issued 12-month price objectives for TC Energy's shares. Their forecasts range from $45.00 to $78.00. On average, they anticipate TC Energy's share price to reach $68.00 in the next year. This suggests a possible upside of 22.7% 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 56, Pay $1.71M)
  • Mr. Joel E. Hunter, Exec. VP & CFO (Age 55, Pay $646.97k)
  • 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 $1.22M)
  • Ms. Tracy A. Robinson, Exec. Advisor (Age 58, Pay $958.71k)
  • 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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.38%), Bank of Nova Scotia (2.27%), Mackenzie Financial Corp (1.66%), TD Asset Management Inc. (1.46%), Beutel Goodman & Co Ltd. (1.30%) and Canada Pension Plan Investment Board (1.11%).

Which institutional investors are selling TC Energy stock?

TRP stock was sold by a variety of institutional investors in the last quarter, including Mufg Securities Canada LTD., Cibc World Market Inc., TD Asset Management Inc., Healthcare of Ontario Pension Plan Trust Fund, Verition Fund Management LLC, CIBC Asset Management Inc, OMERS ADMINISTRATION Corp, and Murchinson Ltd..

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, Canada Pension Plan Investment Board, Nicola Wealth Management LTD., Caisse DE Depot ET Placement DU Quebec, Vanguard Group Inc., Connor Clark & Lunn Investment Management Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and Renaissance Technologies 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 $55.42.

How much money does TC Energy make?

TC Energy has a market capitalization of $54.48 billion and generates $10.68 billion in revenue each year. The pipeline company earns $1.56 billion in net income (profit) each year or $2.629990 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.

What is TC Energy's official website?

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

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, via email at [email protected], or via fax at 1403-920-2200.

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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