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TC Energy (TRP) Competitors

C$58.04
+0.66 (+1.15%)
(As of 07/26/2024 ET)

TRP vs. ENB, PPL, ALA, KEY, GEI, TPZ, KML, TWM, SU, and IMO

Should you be buying TC Energy stock or one of its competitors? The main competitors of TC Energy include Enbridge (ENB), Pembina Pipeline (PPL), AltaGas (ALA), Keyera (KEY), Gibson Energy (GEI), Topaz Energy (TPZ), Kinder Morgan Canada Limited (KML.TO) (KML), Tidewater Midstream and Infrastructure (TWM), Suncor Energy (SU), and Imperial Oil (IMO).

TC Energy vs.

TC Energy (TSE:TRP) and Enbridge (TSE:ENB) are both large-cap energy companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, profitability, risk, dividends, institutional ownership, community ranking, earnings, valuation and analyst recommendations.

TC Energy has a beta of 0.74, suggesting that its stock price is 26% less volatile than the S&P 500. Comparatively, Enbridge has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500.

TC Energy has a net margin of 17.31% compared to Enbridge's net margin of 13.81%. Enbridge's return on equity of 8.70% beat TC Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
TC Energy17.31% 8.37% 3.46%
Enbridge 13.81%8.70%3.15%

Enbridge received 153 more outperform votes than TC Energy when rated by MarketBeat users. Likewise, 69.73% of users gave Enbridge an outperform vote while only 61.78% of users gave TC Energy an outperform vote.

CompanyUnderperformOutperform
TC EnergyOutperform Votes
598
61.78%
Underperform Votes
370
38.22%
EnbridgeOutperform Votes
751
69.73%
Underperform Votes
326
30.27%

Enbridge has higher revenue and earnings than TC Energy. Enbridge is trading at a lower price-to-earnings ratio than TC Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TC EnergyC$16.25B3.71C$2.72BC$2.6022.32
EnbridgeC$42.61B2.54C$5.53BC$2.6419.21

In the previous week, TC Energy had 11 more articles in the media than Enbridge. MarketBeat recorded 23 mentions for TC Energy and 12 mentions for Enbridge. TC Energy's average media sentiment score of 1.06 beat Enbridge's score of -0.08 indicating that TC Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TC Energy
7 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enbridge
3 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

TC Energy currently has a consensus target price of C$55.87, suggesting a potential downside of 3.74%. Enbridge has a consensus target price of C$53.63, suggesting a potential upside of 5.73%. Given Enbridge's stronger consensus rating and higher possible upside, analysts clearly believe Enbridge is more favorable than TC Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TC Energy
0 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.45
Enbridge
0 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.46

TC Energy pays an annual dividend of C$3.84 per share and has a dividend yield of 6.6%. Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.2%. TC Energy pays out 147.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enbridge pays out 138.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enbridge is clearly the better dividend stock, given its higher yield and lower payout ratio.

83.1% of TC Energy shares are owned by institutional investors. Comparatively, 53.4% of Enbridge shares are owned by institutional investors. 0.0% of TC Energy shares are owned by company insiders. Comparatively, 0.1% of Enbridge shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Enbridge beats TC Energy on 13 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TRP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TRP vs. The Competition

MetricTC EnergyOil & Gas Midstream IndustryEnergy SectorTSE Exchange
Market CapC$60.36BC$28.16BC$3.68BC$5.49B
Dividend Yield7.31%6.02%7.07%5.95%
P/E Ratio22.3211.30205.5024.34
Price / Sales3.712.9219,655.801,605.91
Price / Cash20.28109.0967.1179.93
Price / Book2.182.311.503.50
Net IncomeC$2.72BC$1.35BC$424.28MC$286.95M
7 Day Performance2.89%1.51%0.54%0.73%
1 Month Performance9.90%2.14%6.06%5.66%
1 Year Performance18.59%9.99%11.58%27.39%

TC Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENB
Enbridge
0.9359 of 5 stars
0.94 / 5 stars
C$50.50
+0.5%
C$53.63
+6.2%
+2.8%C$107.57BC$42.61B19.1311,100Upcoming Earnings
Analyst Revision
News Coverage
PPL
Pembina Pipeline
2.6418 of 5 stars
2.64 / 5 stars
C$52.86
0.0%
C$55.00
+4.0%
+27.3%C$30.63BC$9.05B17.006,530Analyst Forecast
Analyst Revision
News Coverage
ALA
AltaGas
2.3453 of 5 stars
2.35 / 5 stars
C$32.57
+0.9%
C$35.60
+9.3%
+32.2%C$9.65BC$12.60B15.813,045Upcoming Earnings
Analyst Revision
News Coverage
KEY
Keyera
1.4927 of 5 stars
1.49 / 5 stars
C$38.74
-0.9%
C$38.82
+0.2%
+18.6%C$8.88BC$6.78B24.831,005Analyst Forecast
Analyst Revision
News Coverage
GEI
Gibson Energy
1.8126 of 5 stars
1.81 / 5 stars
C$22.89
-0.9%
C$25.50
+11.4%
+8.8%C$3.72BC$11.94B21.801,140Upcoming Earnings
Analyst Revision
Positive News
TPZ
Topaz Energy
3.3563 of 5 stars
3.36 / 5 stars
C$24.57
-1.1%
C$28.50
+16.0%
+17.0%C$3.56BC$321.45M76.788Upcoming Earnings
Analyst Forecast
KML
Kinder Morgan Canada Limited (KML.TO)
0 of 5 stars
0.00 / 5 stars
N/AN/AN/AC$1.73BC$414.40M38.04153
TWM
Tidewater Midstream and Infrastructure
2.8204 of 5 stars
2.82 / 5 stars
C$0.60
flat
C$0.96
+59.7%
-40.6%C$257.40MC$2.03B-0.66392Analyst Revision
News Coverage
SU
Suncor Energy
4.0485 of 5 stars
4.05 / 5 stars
C$52.54
+0.1%
C$61.75
+17.5%
+32.6%C$67.25BC$49.56B8.6614,906Analyst Forecast
IMO
Imperial Oil
2.6035 of 5 stars
2.60 / 5 stars
C$96.58
+1.1%
C$100.08
+3.6%
+42.5%C$51.75BC$50.89B10.995,300Upcoming Earnings
Analyst Forecast
News Coverage

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This page (TSE:TRP) was last updated on 7/27/2024 by MarketBeat.com Staff

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