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DOW   32,920.46
QQQ   293.34
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DOW   32,920.46
QQQ   293.34
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A Non-Salesy Annuity Guide To Buying Annuities
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Chevron Delights Shareholders with $75 Billion in Share Buybacks

TC Energy - TRP Stock Forecast, Price & News

$43.19
+0.37 (+0.86%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$42.55
$43.38
50-Day Range
$38.53
$49.26
52-Week Range
$38.35
$59.38
Volume
1.01 million shs
Average Volume
1.68 million shs
Market Capitalization
$43.97 billion
P/E Ratio
17.07
Dividend Yield
6.21%
Price Target
$67.73

TC Energy MarketRank™ Forecast

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
56.8% Upside
$67.73 Price Target
Short Interest
Healthy
3.36% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.41
Upright™ Environmental Score
News Sentiment
0.93mentions of TC Energy in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.32%
From $3.17 to $3.18 Per Share

Overall MarketRank

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

2.39 out of 5 stars

Oils/Energy Sector

138th out of 245 stocks

Natural Gas Transmission Industry

10th 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.

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TRP Stock News Headlines

Better High-Yield Midstream Buy: Enbridge Or TC Energy?
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
TC Energy advances after update of Keystone cleanup
U.S., Canada natgas output could hit growing pains in 2023
TC Energy: Buy The Drop On This High Yield
See More Headlines
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TRP Company Calendar

Ex-Dividend for 10/31 Dividend
9/29/2022
Dividend Payable
10/31/2022
Last Earnings
11/09/2022
Ex-Dividend for 1/31 Dividend
12/29/2022
Today
1/27/2023
Dividend Payable
1/31/2023
Next Earnings (Confirmed)
2/14/2023
Fiscal Year End
12/31/2023

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
$67.73
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$57.00
Forecasted Upside/Downside
+56.8%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$1.56 billion
Pretax Margin
28.98%

Debt

Sales & Book Value

Annual Sales
$10.68 billion
Cash Flow
$5.49 per share
Book Value
$24.33 per share

Miscellaneous

Outstanding Shares
1,017,962,000
Free Float
N/A
Market Cap
$43.97 billion
Optionable
Optionable
Beta
0.81

Social Links


Key Executives

  • Mr. Francois Lionel PoirierMr. Francois Lionel Poirier (Age 57)
    CEO, Pres & Director
    Comp: $1.61M
  • Mr. Joel E. HunterMr. Joel E. Hunter (Age 56)
    Exec. VP & CFO
    Comp: $611.1k
  • 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 57)
    Exec. VP and Group Exec. of U.S. & Mexico Natural Gas Pipelines
    Comp: $1.15M
  • Ms. Tracy A. Robinson (Age 59)
    Exec. Advisor
    Comp: $905.54k
  • 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 49)
    Sr. VP of Operations - U.S. Natural Gas Pipelines













TRP Stock - Frequently Asked Questions

Should I buy or sell TC Energy stock right now?

9 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, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 2023?

9 Wall Street analysts have issued twelve-month target prices for TC Energy's stock. Their TRP share price forecasts range from $57.00 to $78.00. On average, they predict the company's stock price to reach $67.73 in the next year. This suggests a possible upside of 56.8% 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 2023?

TC Energy's stock was trading at $39.86 at the beginning of 2023. Since then, TRP stock has increased by 8.4% and is now trading at $43.19.
View the best growth stocks for 2023 here
.

Are investors shorting TC Energy?

TC Energy saw a decline in short interest in January. As of January 15th, there was short interest totaling 33,510,000 shares, a decline of 37.2% from the December 31st total of 53,320,000 shares. Based on an average trading volume of 2,020,000 shares, the days-to-cover ratio is currently 16.6 days. Currently, 3.4% of the company's stock are sold short.
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 Tuesday, February 14th 2023.
View our TRP earnings forecast
.

How can I listen to TC Energy's earnings call?

TC Energy will be holding an earnings conference call on Tuesday, February 14th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-669-9658 with passcode "9820".

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) announced its earnings results on Wednesday, November, 9th. The pipeline company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.07. The pipeline company earned $2.91 billion during the quarter. TC Energy had a net margin of 22.89% and a trailing twelve-month return on equity of 13.98%.

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

TC Energy declared a quarterly dividend on Wednesday, November 9th. Stockholders of record on Friday, December 30th will be given a dividend of $0.661 per share on Tuesday, January 31st. This represents a $2.64 dividend on an annualized basis and a yield of 6.12%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for TRP
.

Is TC Energy a good dividend stock?

TC Energy (NYSE:TRP) pays an annual dividend of $2.66 per share and currently has a dividend yield of 6.21%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 105.14%. 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 83.65% 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 investors include National Bank of Canada FI (1.35%), Addenda Capital Inc. (0.10%), Hennessy Advisors Inc. (0.06%), Nexus Investment Management ULC (0.05%), QV Investors Inc. (0.04%) and Maryland State Retirement & Pension System (0.03%).

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 $43.19.

How much money does TC Energy make?

TC Energy (NYSE:TRP) has a market capitalization of $43.97 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 1/27/2023 by MarketBeat.com Staff