TransCanada Company Profile (TSE:TRP)

About TransCanada (TSE:TRP)

TransCanada logoTransCanada Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments. The company transports natural gas to local distribution companies, power generation facilities, and other businesses through a network of regulated natural gas pipelines and storage facilities. It owns and operates a network of 80,400 km of wholly-owned natural gas pipelines and 11,100 km of partially-owned natural gas pipelines; and regulated natural gas storage facilities with a total working gas capacity of 535 Bcf. The company also owns and operates Keystone pipeline system of 4,324 km for the transportation of crude oil from Hardisty, Alberta to Wood River and Patoka in Illinois; Cushing, Oklahoma; and Houston and Port Arthur, Texas. In addition, it operates terminal and pipeline facilities to transport crude oil from the market hub at Cushing, Oklahoma to the Houston and Port Arthur, Texas refining market. Further, the company owns, controls, and develops approximately 7,050 MW of generation capacity powered by natural gas, nuclear, wind, and solar assets; and owns and operates regulated and unregulated natural gas storage facilities. It also operates 18 electrical power generation plants and 118 Bcf of non-regulated natural gas storage facilities in Alberta, Ontario, Québec, and New Brunswick in Canada; and New York, New England, Pennsylvania, and Arizona in the United States. TransCanada Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Industrial Metals & Minerals
  • Sub-Industry: N/A
  • Symbol: TSE:TRP
  • CUSIP: N/A
  • Web: www.transcanada.com/
Capitalization:
  • Market Cap: C$53.92 billion
  • Outstanding Shares: 871,000,000
Average Prices:
  • 50 Day Moving Avg: C$63.20
  • 200 Day Moving Avg: C$62.74
  • 52 Week Range: C$57.36 - C$65.24
P/E:
  • Trailing P/E Ratio: 50.91
  • P/E Growth: 2.41
Sales & Book Value:
  • Annual Revenue: C$13.86 billion
  • Price / Sales: 3.89
  • Book Value: C$23.54 per share
  • Price / Book: 2.63
Dividend:
  • Dividend Yield: 4.0%
Profitability:
  • EBIDTA: C$6.55 billion
  • Net Margins: 30.31%
  • Return on Equity: 17.26%
  • Return on Assets: 4.47%
Misc:
  • Average Volume: 1.40 million shs.
  • Short Ratio: 13.25
 

Frequently Asked Questions for TransCanada (TSE:TRP)

What is TransCanada's stock symbol?

TransCanada trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TRP."

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

TransCanada declared a quarterly dividend on Monday, July 31st. Investors of record on Friday, September 29th will be given a dividend of 0.625 per share on Tuesday, October 31st. This represents a $2.50 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase from TransCanada's previous quarterly dividend of $0.48. View TransCanada's Dividend History.

When will TransCanada make its next earnings announcement?

TransCanada is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for TransCanada.

Where is TransCanada's stock going? Where will TransCanada's stock price be in 2017?

7 analysts have issued 1 year price targets for TransCanada's stock. Their predictions range from C$66.00 to C$79.00. On average, they anticipate TransCanada's share price to reach C$71.33 in the next twelve months. View Analyst Ratings for TransCanada.

Who are some of TransCanada's key competitors?

Who are TransCanada's key executives?

TransCanada's management team includes the folowing people:

  • Russell K. Girling, President, Chief Executive Officer, Director
  • Donald R. Marchand, Chief Financial Officer, Executive Vice President
  • Kristine L. Delkus, Executive Vice-President - Stakeholder Relations, General Counsel
  • Wendy L. Hanrahan, Executive Vice President - Corporate Services
  • Karl R. Johannson, Executive Vice President, President - Natural Gas Pipelines
  • Paul E. Miller, Executive Vice President, President - Liquids Pipelines
  • Francois L. Poirier, Executive Vice President - Strategy and Corporate Development
  • William C. Taylor, Executive Vice President, President - Energy
  • Christine R. Johnston, Vice President - Law, Corporate Secretary
  • Siim A. Vanaselja CPA, Non-Executive Independent Chairman of the Board

How do I buy TransCanada stock?

Shares of TransCanada and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is TransCanada's stock price today?

One share of TransCanada stock can currently be purchased for approximately C$61.91.


MarketBeat Community Rating for TransCanada (TSE TRP)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  427
MarketBeat's community ratings are surveys of what our community members think about TransCanada and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TransCanada (TSE:TRP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: C$71.33

Analysts' Ratings History for TransCanada (TSE:TRP)
Show:
DateFirmActionRatingPrice TargetDetails
7/31/2017BMO Capital MarketsReiterated RatingOutperformC$73.00View Rating Details
7/31/2017TD SecuritiesBoost Price TargetBuyC$77.00 -> C$79.00View Rating Details
6/15/2017ScotiabankBoost Price TargetOutperformC$71.00 -> C$72.00View Rating Details
6/15/2017CIBCBoost Price TargetC$68.00 -> C$70.00View Rating Details
5/15/2017Royal Bank Of CanadaBoost Price TargetOutperformC$72.00 -> C$76.00View Rating Details
3/31/2017Wells Fargo & CompanyReiterated RatingOutperformView Rating Details
3/14/2017GMP SecuritiesLower Price TargetC$70.00 -> C$68.00View Rating Details
1/25/2017National Bank FinancialBoost Price TargetC$63.00 -> C$66.00View Rating Details
11/18/2016CSFBReiterated RatingOutperformC$70.00View Rating Details
9/1/2016Bank of America CorporationReiterated RatingBuyC$68.00View Rating Details
4/4/2016FirstEnergy CorporationBoost Price TargetC$47.00 -> C$53.00View Rating Details
4/1/2016Credit Suisse GroupDowngradeGlobal Focus List -> NAView Rating Details
3/31/2016Citigroup Inc.UpgradeNeutral -> BuyC$50.00 -> C$55.00View Rating Details
2/12/2016FirstEnergy CapitalBoost Price TargetC$46.00 -> C$47.00View Rating Details
12/15/2015J P Morgan Chase & CoInitiated CoverageOverweightC$64.00View Rating Details
9/11/2015Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralC$52.00 -> C$49.00View Rating Details
(Data available from 8/22/2015 forward)

Earnings

Earnings History for TransCanada (TSE:TRP)
Earnings by Quarter for TransCanada (TSE:TRP)
Earnings History by Quarter for TransCanada (TSE TRP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.69N/AView Earnings Details
7/31/2014$0.51$0.47$2.23 billionViewN/AView Earnings Details
5/2/2014$0.60$0.60$2.26 billion$2.88 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TransCanada (TSE:TRP)
Current Year EPS Consensus Estimate: $2.99 EPS

Dividends

Dividend History by Quarter for TransCanada (TSE TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/31/2017Quarterly$0.639/28/20179/29/201710/31/2017
6/26/2014Quarterly$0.483.8%6/26/20147/31/20147/31/2014
3/27/2014Quarterly$0.483.82%3/27/20144/30/20144/30/2014
12/27/2013Quarterly$0.463.98%12/27/20131/31/20141/31/2014
4/26/2013quarterly$0.466/28/20137/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TransCanada (TSE:TRP)
Insider Trades by Quarter for TransCanada (TSE:TRP)
Insider Trades by Quarter for TransCanada (TSE:TRP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2017Louis BergeronDirectorBuy980C$62.76C$61,504.80
8/9/2017Louis BergeronDirectorBuy800C$63.14C$50,512.00
8/8/2017Louis BergeronDirectorBuy1,000C$63.68C$63,680.00
8/3/2017Donald R MarchandInsiderSell34,400C$64.75C$2,227,400.00
8/3/2017Louis BergeronDirectorBuy500C$64.31C$32,155.00
8/2/2017Donald R MarchandInsiderSell13,100C$64.75C$848,225.00
8/1/2017Kevin E BensonDirectorSell10,000C$64.13C$641,300.00
6/22/2017Louis BergeronDirectorBuy500C$62.05C$31,025.00
6/20/2017Louis BergeronDirectorBuy940C$62.62C$58,862.80
6/19/2017Derek Hudson BurneyDirectorBuy2,000C$63.68C$127,360.00
6/16/2017David M KohlenbergInsiderSell10,411C$63.21C$658,079.31
6/15/2017Louis BergeronDirectorBuy1,000C$62.24C$62,240.00
6/14/2017Louis BergeronDirectorBuy1,200C$63.15C$75,780.00
6/12/2017Mark YeomansDirectorSell1,233C$64.06C$78,985.98
6/8/2017Russell GirlingInsiderBuy100,000C$36.90C$3,690,000.00
6/7/2017Louis BergeronDirectorBuy1,100C$63.12C$69,432.00
5/31/2017Louis BergeronDirectorBuy480C$62.60C$30,048.00
5/30/2017Louis BergeronDirectorBuy1,200C$63.07C$75,684.00
5/17/2017David A DiakowDirectorBuy300C$62.26C$18,678.00
5/17/2017Wendy HanrahanInsiderBuy1,600C$62.35C$99,760.00
5/15/2017Der Put Jan VanDirectorSell1,000C$64.59C$64,590.00
5/11/2017Wendy HanrahanInsiderBuy80C$63.29C$5,063.20
5/10/2017Dean K FergusonDirectorSell100C$64.01C$6,401.00
5/9/2017Stãƒâ©Phan CrétierDirectorBuy15,380C$64.14C$986,473.20
4/6/2017Wendy HanrahanInsiderBuy185C$62.92C$11,640.20
4/5/2017Alex PourbaixInsiderSell45,854C$62.42C$2,862,206.68
4/5/2017Dean C PatryDirectorBuy1,600C$62.23C$99,568.00
4/3/2017Francois Lionel PoirierDirectorBuy10,000C$60.92C$609,200.00
3/24/2017John J McwilliamsDirectorSell291C$62.42C$18,164.22
3/22/2017John F SoiniDirectorSell900C$61.41C$55,269.00
3/17/2017Terry J BennettDirectorSell609C$61.75C$37,605.75
3/13/2017Ronald L CookInsiderSell1,400C$62.24C$87,136.00
3/7/2017Dave SchultzInsiderSell11,282C$62.00C$699,484.00
3/7/2017John J McwilliamsDirectorSell85C$62.11C$5,279.35
3/3/2017Russell GirlingInsiderSell32,600C$60.79C$1,981,754.00
3/2/2017Robert E JonesDirectorSell2,400C$61.14C$146,736.00
2/28/2017Kristine DelkusDirectorSell688C$61.47C$42,291.36
2/27/2017Tracy RobinsonDirectorBuy2,600C$60.50C$157,300.00
2/23/2017Mary Patricia SalomoneDirectorBuy1,000C$47.00C$47,000.00
2/23/2017William C TaylorInsiderSell1,500C$61.47C$92,205.00
2/22/2017Patrick M KeysDirectorSell500C$62.49C$31,245.00
2/21/2017Dave SchultzInsiderSell9,059C$62.50C$566,187.50
9/8/2016John F SoiniDirectorSell200C$60.80C$12,160.00
9/6/2016Christine R JohnstonDirectorSell430C$61.15C$26,294.50
8/5/2016Karl JohannsonInsiderSell700C$60.99C$42,693.00
3/23/2016Joel E HunterDirectorSell10,000C$49.65C$496,500.00
3/23/2016Steven D BeckerInsiderSell400C$49.62C$19,848.00
3/22/2016Brandon M AndersonDirectorBuy350C$37.41C$13,093.50
12/21/2015Mark YeomansDirectorSell323C$45.76C$14,780.48
12/18/2015Paula Rosput ReynoldsDirectorBuy1,500C$32.86C$49,290.00
12/18/2015Ronald L CookInsiderSell600C$45.93C$27,558.00
12/16/2015Alex PourbaixInsiderSell15,000C$47.53C$712,950.00
12/16/2015Der Put Jan VanDirectorSell1,922C$47.49C$91,275.78
12/15/2015William C TaylorInsiderSell12,675C$46.34C$587,359.50
12/11/2015Der Put Jan VanDirectorSell2,084C$44.08C$91,862.72
12/11/2015Lee G HobbsInsiderSell100C$44.06C$4,406.00
12/10/2015Paul F MacgregorInsiderSell30C$44.83C$1,344.90
12/9/2015James M BaggsInsiderSell1,638C$43.71C$71,596.98
12/9/2015Siim A VanaseljaDirectorBuy8,300C$42.36C$351,588.00
12/7/2015John Edward LoweDirectorBuy5,000C$30.22C$151,080.00
11/5/2015Ronald L CookInsiderSell1,200C$45.14C$54,168.00
9/11/2015Paul E MillerDirectorBuy1,000C$42.83C$42,829.00
9/1/2015Paul E MillerDirectorBuy1,000C$44.07C$44,068.00
8/26/2015Donald R MarchandInsiderBuy1,000C$43.30C$43,300.00
8/25/2015Robert E JonesDirectorBuy1,000C$44.35C$44,347.00
6/3/2015Wendy HanrahanInsiderBuy2,000C$53.25C$106,500.00
5/5/2015Alex PourbaixInsiderBuy10,800C$55.15C$595,586.52
4/2/2015Eric W TatarchukDirectorSell1,803C$54.24C$97,794.72
3/30/2015Eric W TatarchukDirectorSell1,500C$55.18C$82,770.00
3/30/2015Michael SouthamInsiderSell1,200C$54.84C$65,808.00
3/19/2015Karl JohannsonInsiderSell8,000C$55.46C$443,640.00
3/10/2015Donald R MarchandInsiderBuy1,000C$54.35C$54,350.00
3/6/2015Paul E MillerDirectorBuy5,000C$54.74C$273,713.50
12/10/2014Derek Hudson BurneyDirectorBuy2,703C$52.23C$141,189.31
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TransCanada (TSE:TRP)
Latest Headlines for TransCanada (TSE:TRP)
Source:
DateHeadline
finance.yahoo.com logoWhat Conflict Lies ahead for TransCanada’s Keystone XL Pipeline Project?
finance.yahoo.com - August 22 at 7:19 AM
seekingalpha.com logoTransCanada - Top-Tier Massive Midstream Company - Seeking Alpha
seekingalpha.com - August 19 at 8:25 AM
americanbankingnews.com logoLouis Bergeron Acquires 980 Shares of TransCanada Co. (TRP) Stock
www.americanbankingnews.com - August 17 at 4:58 PM
prnewswire.com logoTechnical Research on Oil and Gas Equities -- Energy Transfer Partners, QEP Resources, TransCanada, and Williams ... - PR Newswire (press release)
www.prnewswire.com - August 17 at 8:33 AM
finance.yahoo.com logoETFs with exposure to TransCanada Corp. : August 16, 2017
finance.yahoo.com - August 17 at 8:33 AM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-CA : August 10, 2017
finance.yahoo.com - August 11 at 8:55 AM
finance.yahoo.com logoKeystone XL opponents vow long fight as Nebraska hearing concludes
finance.yahoo.com - August 11 at 8:55 AM
fool.com logo4 Things TransCanada Corp.'s CEO Wants You to Know About What It Accomplished in the Second Quarter - Motley Fool
www.fool.com - August 10 at 8:57 AM
americanbankingnews.com logoLouis Bergeron Buys 1,000 Shares of TransCanada Co. (TRP) Stock
www.americanbankingnews.com - August 9 at 10:48 PM
americanbankingnews.com logoTransCanada Co. (TRP) Director Louis Bergeron Purchases 800 Shares
www.americanbankingnews.com - August 9 at 10:46 PM
nasdaq.com logoKeystone XL pipeline representatives quizzed in Nebraska hearings - Nasdaq
www.nasdaq.com - August 9 at 8:24 AM
finance.yahoo.com logoKeystone XL foes question proposed route through Nebraska
finance.yahoo.com - August 9 at 8:24 AM
finance.yahoo.com logoKeystone XL's Path Up for Grabs as Nebraska Commission Weighs In
finance.yahoo.com - August 8 at 7:41 AM
finance.yahoo.com logoAttorney grills company officials in Keystone XL hearing
finance.yahoo.com - August 8 at 7:41 AM
finance.yahoo.com logoKeystone XL pipeline representatives quizzed in Nebraska hearings
finance.yahoo.com - August 8 at 7:41 AM
finance.yahoo.com logoPRESS DIGEST- Canada- Aug 8
finance.yahoo.com - August 8 at 7:41 AM
reuters.com logoNebraska regulators block testimony ahead of Keystone XL hearings - Reuters
www.reuters.com - August 4 at 9:13 AM
americanbankingnews.com logoTransCanada Co. (TSE:TRP) Director Acquires C$32,155.00 in Stock
www.americanbankingnews.com - August 3 at 9:28 PM
americanbankingnews.com logoTransCanada Co. (TRP) Insider Donald R. Marchand Sells 34,400 Shares
www.americanbankingnews.com - August 3 at 7:32 PM
americanbankingnews.com logoTransCanada Co. (TRP) Insider Donald R. Marchand Sells 13,100 Shares
www.americanbankingnews.com - August 3 at 1:24 PM
americanbankingnews.com logoNational Bank Financial Comments on TransCanada Co.'s FY2018 Earnings (TSE:TRP)
www.americanbankingnews.com - August 2 at 3:50 PM
americanbankingnews.com logoTransCanada Co. (TSE:TRP) Director Sells C$641,300.00 in Stock
www.americanbankingnews.com - August 2 at 1:14 PM
americanbankingnews.com logoTransCanada Co. (TRP) Increases Dividend to $0.63 Per Share
www.americanbankingnews.com - August 1 at 11:26 AM
fool.ca logoTransCanada Corporation’s Adjusted Q2 EPS Jumps 46.2%: Buy Now?
www.fool.ca - August 1 at 7:04 AM
finance.yahoo.com logoTransCanada (TRP) to Take a Call on Keystone XL by Year End
finance.yahoo.com - August 1 at 7:04 AM
finance.yahoo.com logoTransCanada Corp. – Value Analysis (TORONTO:TRP) : July 31, 2017
finance.yahoo.com - August 1 at 7:04 AM
americanbankingnews.com logoTransCanada Co. (TSE:TRP) Given a C$73.00 Price Target by BMO Capital Markets Analysts
www.americanbankingnews.com - July 31 at 2:28 PM
americanbankingnews.com logoTD Securities Boosts TransCanada Co. (TRP) Price Target to C$79.00
www.americanbankingnews.com - July 31 at 2:28 PM
finance.yahoo.com logoEdited Transcript of TRP.TO earnings conference call or presentation 28-Jul-17 3:00pm GMT
finance.yahoo.com - July 30 at 6:50 AM
seekingalpha.com logoFERC clears path for TransCanada's Mountaineer, Gulf XPress projects - Seeking Alpha
seekingalpha.com - July 29 at 8:01 AM
nasdaq.com logoTransCanada to make final decision on Keystone XL by December - Nasdaq
www.nasdaq.com - July 29 at 8:01 AM
seekingalpha.com logoTransCanada (TRP) Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 29 at 8:01 AM
americanbankingnews.com logoTransCanada Co. (TSE:TRP) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 29 at 7:45 AM
nasdaq.com logoShould You Buy TransCanada Corp (TRP) Ahead of Earnings? - Nasdaq
www.nasdaq.com - July 28 at 9:03 AM
finance.yahoo.com logoTransCanada quarterly profit more than doubles
finance.yahoo.com - July 28 at 9:02 AM
finance.yahoo.com logoTransCanada beats 2Q profit forecasts
finance.yahoo.com - July 28 at 9:02 AM
finance.yahoo.com logoTransCanada profit beats on U.S. pipelines unit strength
finance.yahoo.com - July 28 at 9:02 AM
finance.yahoo.com logo3 Top Stocks for Risk-Averse Investors
finance.yahoo.com - July 26 at 9:04 AM
finance.yahoo.com logoTransCanada Responds to PNW LNG Decision; Company to be reimbursed for full costs to advance PRGT Project
finance.yahoo.com - July 26 at 9:04 AM
finance.yahoo.com logoMalaysia's Petronas scraps $29 bln western Canada LNG project
finance.yahoo.com - July 26 at 9:04 AM
fool.ca logoCan TransCanada Corporation Deliver on 10% Yearly Dividend Increases?
www.fool.ca - July 25 at 7:47 AM
americanbankingnews.com logoTransCanada Co. (TRP) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - July 19 at 8:15 AM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bullish Manner : TRP-CA : July 17, 2017
finance.yahoo.com - July 18 at 9:12 AM
finance.yahoo.com logoWhy 87% of Wall Street Analysts Rate TransCanada a ‘Buy’
finance.yahoo.com - July 14 at 9:22 PM
finance.yahoo.com logoTransCanada to Issue Second Quarter Results July 28
finance.yahoo.com - July 14 at 9:22 AM
finance.yahoo.com logoCanada's Desjardins may stop pipeline loans, cites environment
finance.yahoo.com - July 9 at 12:58 AM
finance.yahoo.com logoCanada's new pipeline parts rules to lessen burden on operators
finance.yahoo.com - July 6 at 2:22 PM
americanbankingnews.com logoTransCanada Co. (TSE:TRP) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - July 4 at 11:28 AM
finance.yahoo.com logoHow Pipeline Contracts Are Crushing Some Producers
finance.yahoo.com - July 3 at 7:28 AM
finance.yahoo.com logo[$$] A New Problem for Keystone XL: Oil Companies Don’t Want It
finance.yahoo.com - June 29 at 8:25 PM

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Chart

TransCanada (TRP) Chart for Tuesday, August, 22, 2017

This page was last updated on 8/22/2017 by MarketBeat.com Staff