S&P 500   3,657.54 (+2.01%)
DOW   29,339.21 (+2.14%)
QQQ   270.14 (+1.08%)
AAPL   140.53 (+1.69%)
MSFT   236.59 (+1.58%)
META   138.32 (+1.95%)
GOOGL   97.52 (+1.96%)
AMZN   113.46 (+0.41%)
TSLA   246.32 (-7.14%)
NVDA   123.85 (+2.03%)
NIO   15.69 (-0.51%)
BABA   80.05 (+0.08%)
AMD   65.49 (+3.36%)
T   15.98 (+4.17%)
MU   52.43 (+4.65%)
CGC   2.83 (+3.66%)
F   11.47 (+2.41%)
GE   63.17 (+2.04%)
DIS   95.77 (+1.53%)
AMC   6.73 (-3.44%)
PYPL   85.87 (-0.23%)
PFE   43.89 (+0.30%)
NFLX   234.01 (-0.61%)
S&P 500   3,657.54 (+2.01%)
DOW   29,339.21 (+2.14%)
QQQ   270.14 (+1.08%)
AAPL   140.53 (+1.69%)
MSFT   236.59 (+1.58%)
META   138.32 (+1.95%)
GOOGL   97.52 (+1.96%)
AMZN   113.46 (+0.41%)
TSLA   246.32 (-7.14%)
NVDA   123.85 (+2.03%)
NIO   15.69 (-0.51%)
BABA   80.05 (+0.08%)
AMD   65.49 (+3.36%)
T   15.98 (+4.17%)
MU   52.43 (+4.65%)
CGC   2.83 (+3.66%)
F   11.47 (+2.41%)
GE   63.17 (+2.04%)
DIS   95.77 (+1.53%)
AMC   6.73 (-3.44%)
PYPL   85.87 (-0.23%)
PFE   43.89 (+0.30%)
NFLX   234.01 (-0.61%)
S&P 500   3,657.54 (+2.01%)
DOW   29,339.21 (+2.14%)
QQQ   270.14 (+1.08%)
AAPL   140.53 (+1.69%)
MSFT   236.59 (+1.58%)
META   138.32 (+1.95%)
GOOGL   97.52 (+1.96%)
AMZN   113.46 (+0.41%)
TSLA   246.32 (-7.14%)
NVDA   123.85 (+2.03%)
NIO   15.69 (-0.51%)
BABA   80.05 (+0.08%)
AMD   65.49 (+3.36%)
T   15.98 (+4.17%)
MU   52.43 (+4.65%)
CGC   2.83 (+3.66%)
F   11.47 (+2.41%)
GE   63.17 (+2.04%)
DIS   95.77 (+1.53%)
AMC   6.73 (-3.44%)
PYPL   85.87 (-0.23%)
PFE   43.89 (+0.30%)
NFLX   234.01 (-0.61%)
S&P 500   3,657.54 (+2.01%)
DOW   29,339.21 (+2.14%)
QQQ   270.14 (+1.08%)
AAPL   140.53 (+1.69%)
MSFT   236.59 (+1.58%)
META   138.32 (+1.95%)
GOOGL   97.52 (+1.96%)
AMZN   113.46 (+0.41%)
TSLA   246.32 (-7.14%)
NVDA   123.85 (+2.03%)
NIO   15.69 (-0.51%)
BABA   80.05 (+0.08%)
AMD   65.49 (+3.36%)
T   15.98 (+4.17%)
MU   52.43 (+4.65%)
CGC   2.83 (+3.66%)
F   11.47 (+2.41%)
GE   63.17 (+2.04%)
DIS   95.77 (+1.53%)
AMC   6.73 (-3.44%)
PYPL   85.87 (-0.23%)
PFE   43.89 (+0.30%)
NFLX   234.01 (-0.61%)

TC Energy - TRP Stock Forecast, Price & News

$42.79
+2.50 (+6.21%)
(As of 10/3/2022 10:22 AM ET)
Add
Compare
Today's Range
$41.44
$42.81
50-Day Range
$40.29
$55.07
52-Week Range
$40.26
$59.38
Volume
54,611 shs
Average Volume
1.87 million shs
Market Capitalization
$43.30 billion
P/E Ratio
16.91
Dividend Yield
6.97%
Price Target
$68.83

TC Energy MarketRank™ Forecast

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
70.8% Upside
$68.83 Price Target
Short Interest
Bearish
2.81% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.57
Upright™ Environmental Score
News Sentiment
0.59mentions of TC Energy in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.17%
From $3.22 to $3.29 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

139th out of 257 stocks

Natural Gas Transmission Industry

12th out of 20 stocks

TRP stock 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.

Receive TRP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TC Energy and its competitors with MarketBeat's FREE daily newsletter.

TRP Stock News Headlines

TRP Stock Crowded With Sellers
TC Energy (NYSE:TRP) Sees Strong Trading Volume
TC Energy Corporation (TRP)
Closing Bell: Tc Energy Corp down on Wednesday (TRP)
TC Energy Corp Pref Series 4 (TRP_ph)
TC Energy Corp. completes public offering of common shares
3 of the Best Dividend Stocks to Buy for August
Tc Energy Corp stock dipped on Friday.
See More Headlines
Receive TRP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TC Energy and its competitors with MarketBeat's FREE daily newsletter.

TRP Company Calendar

Ex-Dividend for 7/29 Dividend
6/29/2022
Last Earnings
7/28/2022
Dividend Payable
7/29/2022
Ex-Dividend for 10/31 Dividend
9/29/2022
Today
10/03/2022
Dividend Payable
10/31/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$68.83
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+60.9%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$1.56 billion
Pretax Margin
29.84%

Debt

Sales & Book Value

Annual Sales
$10.68 billion
Cash Flow
$5.80 per share
Book Value
$24.33 per share

Miscellaneous

Outstanding Shares
1,011,937,000
Free Float
N/A
Market Cap
$43.30 billion
Optionable
Optionable
Beta
0.81

Social Links


Key Executives

  • Mr. Francois Lionel PoirierMr. Francois Lionel Poirier (Age 56)
    CEO, Pres & Director
    Comp: $1.65M
  • Mr. Joel E. HunterMr. Joel E. Hunter (Age 55)
    Exec. VP & CFO
    Comp: $627.08k
  • Mr. Bevin Mark Wirzba M.B.A.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 (Age 56)
    Exec. VP and Pres of U.S. & Mexico Natural Gas Pipelines
    Comp: $1.18M
  • Ms. Tracy A. Robinson (Age 58)
    Exec. Advisor
    Comp: $929.22k
  • 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 (Age 48)
    Sr. VP of Operations - U.S. Natural Gas Pipelines













TRP Stock - Frequently Asked Questions

Should I buy or sell TC Energy stock right now?

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

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

11 analysts have issued 1-year price objectives for TC Energy's shares. Their TRP share price forecasts range from $45.00 to $78.00. On average, they predict the company's stock price to reach $68.83 in the next year. This suggests a possible upside of 70.8% 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 2022?

TC Energy's stock was trading at $46.54 at the beginning of 2022. Since then, TRP shares have decreased by 13.4% and is now trading at $40.29.
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 September. As of September 15th, there was short interest totaling 27,590,000 shares, an increase of 107.1% from the August 31st total of 13,320,000 shares. Based on an average trading volume of 1,770,000 shares, the days-to-cover ratio is presently 15.6 days. Approximately 2.8% of the shares of the company 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 Friday, November 4th 2022.
View our TRP earnings forecast
.

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) announced its earnings results on Thursday, July, 28th. The pipeline company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.01. The pipeline company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.62 billion. TC Energy had a trailing twelve-month return on equity of 14.19% and a net margin of 23.44%.

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

TC Energy announced a quarterly dividend on Thursday, July 28th. Investors of record on Friday, September 30th will be given a dividend of $0.699 per share on Monday, October 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 6.94%. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for TRP
.

Is TC Energy a good dividend stock?

TC Energy (NYSE:TRP) pays an annual dividend of $2.81 per share and currently has a dividend yield of 6.97%. 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 111.07%. 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 85.41% 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."

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 $40.29.

How much money does TC Energy make?

TC Energy (NYSE:TRP) has a market capitalization of $40.77 billion and generates $10.68 billion in revenue each year. The pipeline company earns $1.56 billion in net income (profit) each year or $2.53 on an earnings per share basis.

How many employees does TC Energy have?

The company employs 7,017 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 10/3/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.