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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
15 A.I. Trading Opportunities a Day (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
15 A.I. Trading Opportunities a Day (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
15 A.I. Trading Opportunities a Day (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
15 A.I. Trading Opportunities a Day (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
15 A.I. Trading Opportunities a Day (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
15 A.I. Trading Opportunities a Day (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
15 A.I. Trading Opportunities a Day (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
15 A.I. Trading Opportunities a Day (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
15 A.I. Trading Opportunities a Day (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
TSE:TRP

TC Energy (TRP) Stock Forecast, Price & News

C$55.23
+1.51 (+2.81%)
(As of 06/2/2023 ET)
Compare
Today's Range
C$53.97
▼
C$55.36
50-Day Range
C$52.44
▼
C$56.76
52-Week Range
C$50.70
▼
C$74.44
Volume
5.46 million shs
Average Volume
5.73 million shs
Market Capitalization
C$55.23 billion
P/E Ratio
35.18
Dividend Yield
6.74%
Price Target
C$61.66
ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media

TC Energy MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
11.6% Upside
C$61.66 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of TC Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
C$92,828 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.

2.36 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

June 3, 2023 | ca.finance.yahoo.com
RRSP Wealth: 2 Great Canadian Dividend Stocks to Buy in June 2023
May 30, 2023 | msn.com
Alberta election: Support for energy decarbonization in question after UCP win
June 4, 2023 | Stocks To Trade (Ad)
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May 30, 2023 | msn.com
TC Energy's U.S.-Mexico North Baja pipeline expansion gets regulator's OK
May 26, 2023 | msn.com
TFSA Investment Strategies: 2 TSX Stocks to Add to Your Watch List
May 25, 2023 | americanbankingnews.com
Analysts Set TC Energy Co. (TSE:TRP) PT at C$61.66
May 24, 2023 | msn.com
How Much to Invest to Get $1,500 in Dividends Every Quarter
May 23, 2023 | americanbankingnews.com
Brokers Set Expectations for TC Energy Co.'s Q2 2023 Earnings (TSE:TRP)
June 4, 2023 | Stocks To Trade (Ad)
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May 21, 2023 | fool.com
Tc Energy (NYSE: TRP)
May 19, 2023 | americanbankingnews.com
TC Energy (TSE:TRP) Price Target Raised to C$60.00
May 5, 2023 | americanbankingnews.com
TC Energy Co. (TSE:TRP) to Post FY2023 Earnings of $4.32 Per Share, National Bank Financial Forecasts
May 4, 2023 | theglobeandmail.com
Loblaw strikes deal with TC Energy to power all Alberta operations with renewables
May 3, 2023 | finance.yahoo.com
TC Energy announces 2023 annual meeting Board of Directors election results
May 3, 2023 | finance.yahoo.com
TC Energy announces 2023 annual meeting Board of Directors election results
May 3, 2023 | americanbankingnews.com
TC Energy (TSE:TRP) Price Target Increased to C$60.00 by Analysts at UBS Group
May 1, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Carlisle Companies (CSL), TC Energy (TRP) and Exco Technologies (OtherEXCOF)
April 30, 2023 | americanbankingnews.com
TC Energy Co. (TSE:TRP) Receives C$62.50 Average PT from Analysts
April 29, 2023 | finance.yahoo.com
Mississippi gas pipeline operator lifts contract suspension after repairs
April 29, 2023 | finance.yahoo.com
Pipeline restores gas flow after lightning-sparked inferno
April 28, 2023 | msn.com
TC Energy Q1 Earnings Strong On High Demand Across Assets, Guidance Reiterated
April 28, 2023 | reuters.com
TC Energy declares force majeure after Columbia Gulf pipe fire in Mississippi
April 28, 2023 | msn.com
TC Energy scores Q1 earnings topper as U.S. natural gas pipeline surges
April 28, 2023 | msn.com
Pipeline company TC Energy reports first-quarter profit up from year ago
April 28, 2023 | theglobeandmail.com
TC Energy tops first-quarter profit estimates on strong demand
April 28, 2023 | finance.yahoo.com
TC Energy reports strong first quarter 2023 results
April 28, 2023 | msn.com
TC Energy beats profit estimates on strong demand
See More Headlines

TRP Price History

TRP Company Calendar

Ex-Dividend for 4/28 Dividend
3/30/2023
Dividend Payable
4/28/2023
Today
6/04/2023
Ex-Dividend for 7/31 Dividend
6/29/2023
Next Earnings (Estimated)
7/27/2023
Dividend Payable
7/31/2023
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$61.66
High Stock Price Forecast
C$68.00
Low Stock Price Forecast
C$52.00
Forecasted Upside/Downside
+11.6%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.57
Trailing P/E Ratio
35.18
Forward P/E Ratio
13.31
P/E Growth
0.77
Net Income
C$1.60 billion
Net Margins
11.00%
Pretax Margin
N/A
Return on Equity
5.11%
Return on Assets
3.61%

Debt

Debt-to-Equity Ratio
183.26
Current Ratio
0.74
Quick Ratio
0.40

Sales & Book Value

Annual Sales
C$15.40 billion
Price / Sales
3.59
Cash Flow
C$2.72 per share
Price / Cash Flow
20.28
Book Value
C$31.35 per share
Price / Book
1.76

Miscellaneous

Outstanding Shares
1,000,000,000
Free Float
N/A
Market Cap
C$55.23 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?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 1 sell rating, 4 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?

11 equities research analysts have issued 1 year price objectives for TC Energy's shares. Their TRP share price forecasts range from C$52.00 to C$68.00. On average, they expect the company's share price to reach C$61.66 in the next year. This suggests a possible upside of 11.6% 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 start of the year. Since then, TRP shares have increased by 2.3% and is now trading at C$55.23.
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 Thursday, July 27th 2023.
View our TRP earnings forecast.

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

TC Energy declared a quarterly dividend on Friday, April 28th. Stockholders of record on Friday, June 30th will be given a dividend of 0.93 per share on Monday, July 31st. This represents a $3.72 annualized dividend and a dividend yield of 6.74%. The ex-dividend date of this dividend is Thursday, June 29th.
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 6.87%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 236.94%. 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), 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$55.23.

How much money does TC Energy make?

TC Energy (TSE:TRP) has a market capitalization of C$55.23 billion and generates C$15.40 billion in revenue each year. The company earns C$1.60 billion in net income (profit) each year or C$1.57 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 6/4/2023 by MarketBeat.com Staff

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