TSE:TRP TC Energy (TRP) Stock Price, News & Analysis → AI Cracks Open Largest Untapped Energy Reserve on Earth (From Banyan Hill Publishing) (Ad) Buy this stock Free TRP Stock Alerts C$54.52 +0.03 (+0.06%) (As of 03/18/2024 ET) Add Compare Share Share Today's RangeC$54.10▼C$54.6850-Day RangeC$50.41▼C$55.0452-Week RangeC$43.70▼C$57.02Volume9.13 million shsAverage Volume5.21 million shsMarket CapitalizationC$56.70 billionP/E Ratio19.83Dividend Yield7.04%Price TargetC$55.35 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside1.5% UpsideC$55.35 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.79Based on 8 Articles This WeekInsider TradingSelling SharesC$186,626 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.38 out of 5 stars 2.2 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$55.35, TC Energy has a forecasted upside of 1.5% from its current price of C$54.52.Amount of Analyst CoverageTC Energy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TRP. Previous Next 1.7 Dividend Strength Dividend LeadershipTC Energy is a leading dividend payer. It pays a dividend yield of 6.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTC Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TC Energy is 139.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRP. Previous Next 3.2 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for TC Energy this week, compared to 3 articles on an average week.Search Interest33 people have searched for TRP on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -55% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have sold 455,085.37% more of their company's stock than they have bought. Specifically, they have bought C$41.00 in company stock and sold C$186,626.00 in company stock.Percentage Held by InsidersOnly 0.04% of the stock of TC Energy is held by insiders.Percentage Held by Institutions79.27% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 19.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.57.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 19.83, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 94.84.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 0.26. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTC Energy has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceThey said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.There are five coins you must take a look at right away. About TC Energy Stock (TSE:TRP)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 Energy Solutions. The company builds and operates a network of 93,600 kilometers 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 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.Read More TRP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Stock News HeadlinesMarch 17, 2024 | insidertrades.comKevin B. Engel Sells 2,514 Shares of TC Energy Co. (TSE:TRP) StockMarch 15, 2024 | seekingalpha.comTC Energy sells Prince Rupert Gas Transmission to Nisga’a Nation and Western LNGMarch 19, 2024 | Porter & Company (Ad)Urgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.March 15, 2024 | msn.comTC Energy selll Prince Rupert Gas Transmission to Nisga’a Nation and Western LNGMarch 15, 2024 | americanbankingnews.comTC Energy Co. (TSE:TRP) Receives Average Recommendation of "Hold" from AnalystsMarch 14, 2024 | americanbankingnews.comTC Energy (TSE:TRP) Shares Cross Above Two Hundred Day Moving Average of $50.77March 9, 2024 | msn.comTC Energy briefly shut Keystone oil pipeline on unfounded leak concernMarch 7, 2024 | msn.comIs TC Energy Stock Finally a Buy in 2024?March 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 7, 2024 | msn.comTC Energy's Keystone oil pipeline offline due to operational issues - ReutersMarch 7, 2024 | finance.yahoo.comKeystone Oil Pipeline Segment Shuts, Sending Futures HigherMarch 7, 2024 | msn.comTC Energy's Strategic Shift Reportedly Leads To Layoffs: Calgary And Houston Employees Bear The BruntMarch 6, 2024 | msn.comTC Energy confirms latest round of job cuts; unspecified number of employees affectedMarch 6, 2024 | theglobeandmail.comTC Energy cuts unspecified number of jobs, primarily in Calgary and HoustonMarch 6, 2024 | reuters.comTC Energy announces layoffs, primarily in Calgary and HoustonMarch 6, 2024 | finance.yahoo.comRead This Before Judging TC Energy Corporation's (TSE:TRP) ROEFebruary 28, 2024 | msn.comBuy Alert: 4 Reasons Why TC Energy Stock Is a Must-Own NowFebruary 28, 2024 | markets.businessinsider.comTC Energy’s Overvaluation and Deleveraging Risks Prompt Sell RatingFebruary 27, 2024 | sg.finance.yahoo.comTC ENERGY CORPORATION 4% CUM RE (TRPEF)February 26, 2024 | ca.finance.yahoo.comIs it Too Late to Buy TC Energy Stock?February 22, 2024 | ca.finance.yahoo.com3 Reasons to Buy TC Energy Stock Like There’s No TomorrowFebruary 18, 2024 | ca.finance.yahoo.comStocks in play: TC Energy CorporationFebruary 17, 2024 | money.usnews.comTC Energy CorporationFebruary 16, 2024 | msn.com3 Reasons to Buy TC Energy Stock Hand Over Fist After its Q4 Earnings EventFebruary 16, 2024 | theglobeandmail.comPipeline operator TC Energy tops fourth-quarter profit estimatesFebruary 12, 2024 | msn.comTFSA Investors: 2 Stocks Ready for Dividend Hikes in 2024February 9, 2024 | msn.comEarnings Preview: TC Energy (TRP) Q4 Earnings Expected to DeclineSee 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. Email Address Company Calendar Ex-Dividend for 1/31 Dividend12/28/2023Dividend Payable1/31/2024Last Earnings2/16/2024Today3/18/2024Ex-Dividend for 4/30 Dividend3/27/2024Next Earnings (Estimated)4/26/2024Dividend Payable4/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas Midstream Sub-IndustryN/A Current SymbolTSE:TRP CUSIPN/A CIKN/A Webwww.transcanada.com Phone+1-403-9202000FaxN/AEmployees7,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$55.35 High Stock Price TargetC$63.00 Low Stock Price TargetC$47.00 Potential Upside/Downside+1.5%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.75 Trailing P/E Ratio19.83 Forward P/E Ratio13.14 P/E Growth0.26Net IncomeC$2.83 billion Net Margins18.34% Pretax MarginN/A Return on Equity8.39% Return on Assets3.56% Debt Debt-to-Equity Ratio163.32 Current Ratio0.96 Quick Ratio0.40 Sales & Book Value Annual SalesC$15.93 billion Price / Sales3.56 Cash FlowC$2.69 per share Price / Cash Flow20.28 Book ValueC$26.08 per share Price / Book2.09Miscellaneous Outstanding Shares1,040,000,000Free FloatN/AMarket CapC$56.70 billion OptionableNot Optionable Beta0.74 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $2.68MMr. Joel E. Hunter (Age 57)Executive VP & CFO Comp: $1.09MMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $2.2MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP, Group President, Liquids Pipelines & Coastal GasLinkGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMs. Annesley C. WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Richard J. PriorPresident of Liquids Pipelines.Ms. Dawn E. de LimaExecutive Vice-President of Corporate ServicesMr. Patrick C. MuttartSenior Vice President of External RelationsMore ExecutivesKey CompetitorsPembina PipelineTSE:PPLEnbridgeTSE:ENBSuncor EnergyTSE:SUImperial OilTSE:IMOCenovus EnergyTSE:CVEView All CompetitorsInsidersKevin B. EngelSold 2,514 sharesTotal: C$136,593.16 ($54.33/share)Colin LindleyBought 1 shares on 3/13/2024Total: C$40.71 ($40.71/share)Christine R. JohnstonSold 845 sharesTotal: C$45,038.50 ($53.30/share)Amir AliSold 95 sharesTotal: C$4,994.15 ($52.57/share)Troy TallySold 900 sharesTotal: C$34,299.99 ($38.11/share)View All Insider Transactions Should I Buy TC Energy Stock? TRP Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of TC Energy was last updated on Sunday, March 17, 2024 at 11:29 PM. Pros Here are some ways that investors could benefit from investing in TC Energy Co.: TC Energy Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company's diversified portfolio across different segments such as natural gas pipelines, liquids pipelines, and power generation provides stability and reduces risk. Recent developments in the energy sector have increased demand for natural gas, which could positively impact TC Energy Co.'s business. TC Energy Co.'s current stock price is undervalued compared to its industry peers, presenting a potential buying opportunity for investors. The company's strategic investments in expanding its infrastructure network position it well for future growth and profitability. Cons Investors should be bearish about investing in TC Energy Co. for these reasons: Volatility in commodity prices, especially in the oil and gas sector, could impact TC Energy Co.'s financial performance and stock price. Regulatory challenges and environmental concerns surrounding pipeline projects may lead to delays or increased costs for the company. Dependence on government policies and approvals for new projects could introduce uncertainties in TC Energy Co.'s future growth prospects. Competition from other energy companies in the market could put pressure on TC Energy Co.'s market share and profitability. Global economic conditions and geopolitical factors may influence energy demand and prices, affecting TC Energy Co.'s revenue and earnings. TRP Stock Analysis - 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 year. There are currently 7 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 target for 2024? 11 brokerages have issued 1 year price objectives for TC Energy's stock. Their TRP share price targets range from C$47.00 to C$63.00. On average, they predict the company's share price to reach C$55.35 in the next twelve months. This suggests a possible upside of 1.5% 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 2024? TC Energy's stock was trading at C$51.76 at the start of the year. Since then, TRP shares have increased by 5.3% and is now trading at C$54.52. View the best growth stocks for 2024 here. When is TC Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) released its quarterly earnings results on Friday, February, 16th. The company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.27. The business earned $4.24 billion during the quarter, compared to analyst estimates of $3.94 billion. TC Energy had a trailing twelve-month return on equity of 8.39% and a net margin of 18.34%. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy announced a quarterly dividend on Friday, February 16th. Investors of record on Thursday, March 28th will be paid a dividend of 0.96 per share on Tuesday, April 30th. This represents a $3.84 annualized dividend and a dividend yield of 7.04%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of C$0.93. Read our dividend analysis for TRP. Is TC Energy a good dividend stock? TC Energy (TSE:TRP) pays an annual dividend of C$3.84 per share and currently has a dividend yield of 6.98%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 139.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for TRP. 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 Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Wheaton Precious Metals (WPM), Rogers Communications (RCI) and Open Text (OTEX). How do I buy shares of TC Energy? Shares of TRP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:TRP) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TC Energy Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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