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S&P 500   3,951.57
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The gold catalyst we’ve waited for (Ad)
First Republic Bank Hits New Low, Dimon Pushes for More Cash
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Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
The gold catalyst we’ve waited for (Ad)
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
The gold catalyst we’ve waited for (Ad)
First Republic Bank Hits New Low, Dimon Pushes for More Cash
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation (Ad)pixel
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
The gold catalyst we’ve waited for (Ad)
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
The gold catalyst we’ve waited for (Ad)
First Republic Bank Hits New Low, Dimon Pushes for More Cash
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation (Ad)pixel
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
The gold catalyst we’ve waited for (Ad)
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
TSE:TRP

TC Energy - TRP Stock Forecast, Price & News

C$51.67
+0.64 (+1.25%)
(As of 03/20/2023 12:00 AM ET)
Add
Compare
Today's Range
C$51.03
▼
C$51.76
50-Day Range
C$51.03
▼
C$58.18
52-Week Range
C$50.70
▼
C$74.44
Volume
7.73 million shs
Average Volume
5.20 million shs
Market Capitalization
C$51.67 billion
P/E Ratio
82.02
Dividend Yield
7.20%
Price Target
C$62.38

TC Energy MarketRank™ Forecast

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
20.7% Upside
C$62.38 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$150,332 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

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

2.33 out of 5 stars

See Top Rated MarketRank™ Stocks Here

TRP stock logo

About TC Energy (TSE: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

March 13, 2023 | marketwatch.com
TC Energy Corp. stock rises Monday, outperforms market
March 12, 2023 | americanbankingnews.com
JPMorgan Chase & Co. Trims TC Energy (TSE:TRP) Target Price to C$62.00
March 21, 2023 | Investing Daily (Ad)
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
March 9, 2023 | msn.com
Keystone pipeline flows unchanged despite U.S. regulator order, TC Energy says
March 8, 2023 | msn.com
Regulator orders TC Energy to reduce operating pressure on Keystone pipeline
March 8, 2023 | theglobeandmail.com
TC Energy to ordered to reduce operating pressure on Keystone pipeline
March 8, 2023 | msn.com
TC Energy must cut pressure on Keystone pipeline system, U.S. regulator says
March 7, 2023 | reuters.com
US regulator seeks more corrective actions from TC Energy after Keystone spill
March 21, 2023 | Investing Daily (Ad)
27 U.S. Cities Where Stocks Yield 26% a Year
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March 2, 2023 | finance.yahoo.com
Trade Alert: The CEO, President & Director Of TC Energy Corporation (TSE:TRP), Francois Poirier, Has Just Spent CA$358k Buying 7.3% More Shares
March 1, 2023 | msn.com
TFSA Investors: 2 Oversold TSX Dividend Stocks to Buy for Passive Income
February 17, 2023 | finance.yahoo.com
TC Energy Corporation (NYSE:TRP) Q4 2022 Earnings Call Transcript
February 14, 2023 | finanznachrichten.de
TC Energy Corporation: TC Energy reports strong 2022 results
February 14, 2023 | theglobeandmail.com
TC Energy increases dividend, reports Q4 loss due to rising costs of Coastal GasLink
February 14, 2023 | theglobeandmail.com
TC Energy increases dividend, reports fourth-quarter loss due to rising costs of Coastal GasLink
February 14, 2023 | msn.com
TC Energy swings to Q4 loss including CoastalGas Link writedown
February 14, 2023 | msn.com
TC Energy beats fourth-quarter profit estimate
February 14, 2023 | finance.yahoo.com
TC Energy reports strong 2022 results
February 14, 2023 | finance.yahoo.com
TC Energy files 2022 annual disclosure documents
February 10, 2023 | reuters.com
TC Energy lifts force majeure on gas line near Ohio train derailment
February 9, 2023 | msn.com
TC Energy Reveals Cause of December Keystone Spill, and US$480 Million Price Tag
February 9, 2023 | theglobeandmail.com
TC Energy says combination of factors caused Keystone pipeline leak
February 9, 2023 | reuters.com
TC Energy says stress, weld fault caused Keystone oil spill
February 9, 2023 | msn.com
TC Energy cites stress, weld flaw for December's Keystone oil spill
February 3, 2023 | markets.businessinsider.com
Barclays Keeps Their Hold Rating on TC Energy (TRP)
February 3, 2023 | finance.yahoo.com
TC Energy's (TRP) Coastal GasLink Cost to Balloon Further
February 1, 2023 | msn.com
Why did TC Energy stock tumble today? Coastal GasLink project costs blow up
See More Headlines
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TRP Company Calendar

Ex-Dividend for 1/31 Dividend
12/29/2022
Dividend Payable
1/31/2023
Today
3/21/2023
Ex-Dividend for 4/28 Dividend
3/30/2023
Dividend Payable
4/28/2023
Next Earnings (Estimated)
5/05/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Industrial Metals & Minerals
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
TSE:TRP
CUSIP
N/A
CIK
N/A
Web
www.transcanada.com
Phone
+1-403-9202000
Fax
N/A
Employees
7,017
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$62.38
High Stock Price Forecast
C$78.00
Low Stock Price Forecast
C$51.00
Forecasted Upside/Downside
+20.7%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.63
Trailing P/E Ratio
82.02
Forward P/E Ratio
12.43
P/E Growth
6.22
Net Income
C$641 million
Net Margins
4.99%
Pretax Margin
N/A
Return on Equity
2.33%
Return on Assets
3.51%

Debt

Debt-to-Equity Ratio
172.38
Current Ratio
0.43
Quick Ratio
0.40

Sales & Book Value

Annual Sales
C$14.98 billion
Price / Sales
3.45
Cash Flow
C$2.55 per share
Price / Cash Flow
20.28
Book Value
C$30.93 per share
Price / Book
1.67

Miscellaneous

Outstanding Shares
1,000,000,000
Free Float
N/A
Market Cap
C$51.67 billion
Optionable
Optionable
Beta
0.87

Key Executives

  • Mr. Francois Lionel Poirier (Age 56)
    CEO, Pres & Director
    Comp: $2.17M
  • Mr. Joel E. Hunter (Age 55)
    Exec. VP & CFO
    Comp: $824.15k
  • 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 Group Exec. of U.S. & Mexico Natural Gas Pipelines
    Comp: $1.55M
  • Ms. Tracy A. Robinson (Age 58)
    Exec. Advisor
    Comp: $1.22M
  • 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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













TRP Stock - Frequently Asked Questions

Should I buy or sell TC Energy stock right now?

14 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 6 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?

14 Wall Street research analysts have issued 1 year price objectives for TC Energy's stock. Their TRP share price forecasts range from C$51.00 to C$78.00. On average, they predict the company's share price to reach C$62.38 in the next year. This suggests a possible upside of 20.7% 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 C$53.98 at the beginning of 2023. Since then, TRP stock has decreased by 4.3% and is now trading at C$51.67.
View the best growth stocks for 2023 here.

When is TC Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our TRP earnings forecast.

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

TC Energy announced a quarterly dividend on Tuesday, February 14th. Shareholders of record on Friday, March 31st will be paid a dividend of 0.93 per share on Friday, April 28th. This represents a $3.72 annualized dividend and a yield of 7.20%. The ex-dividend date is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of C$0.90.
Read our dividend analysis for TRP.

Is TC Energy a good dividend stock?

TC Energy (TSE:TRP) pays an annual dividend of C$3.72 per share and currently has a dividend yield of 6.80%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 590.48%. 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).

What is TC Energy's stock symbol?

TC Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TRP."

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.

What is TC Energy's stock price today?

One share of TRP stock can currently be purchased for approximately C$51.67.

How much money does TC Energy make?

TC Energy (TSE:TRP) has a market capitalization of C$51.67 billion and generates C$14.98 billion in revenue each year. The company earns C$641 million in net income (profit) each year or C$0.63 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 1 St SW, CALGARY, AB T2P 5H1, Canada. The official website for the company is www.transcanada.com. The company can be reached via phone at +1-403-9202000.

This page (TSE:TRP) was last updated on 3/21/2023 by MarketBeat.com Staff