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TC Energy (TRP) Competitors

C$52.71
+0.49 (+0.94%)
(As of 06/21/2024 09:01 PM ET)

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

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 Canadian Natural Resources (CNQ).

TC Energy vs.

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

53.4% of Enbridge shares are held by institutional investors. Comparatively, 83.1% of TC Energy shares are held by institutional investors. 0.1% of Enbridge shares are held by insiders. Comparatively, 0.0% of TC Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, TC Energy had 2 more articles in the media than Enbridge. MarketBeat recorded 2 mentions for TC Energy and 0 mentions for Enbridge. Enbridge's average media sentiment score of 0.63 beat TC Energy's score of -1.04 indicating that TC Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Enbridge Negative
TC Energy Positive

Enbridge currently has a consensus price target of C$53.44, indicating a potential upside of 12.50%. TC Energy has a consensus price target of C$54.94, indicating a potential upside of 4.23%. Given TC Energy's stronger consensus rating and higher possible upside, research analysts clearly believe Enbridge is more favorable than TC Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enbridge
0 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.46
TC Energy
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.36

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

Company Net Margins Return on Equity Return on Assets
Enbridge13.81% 8.70% 3.15%
TC Energy 17.31%8.37%3.46%

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

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
EnbridgeC$42.61B2.37C$5.53BC$2.6417.99
TC EnergyC$16.25B3.37C$2.72BC$2.6020.27

Enbridge received 154 more outperform votes than TC Energy when rated by MarketBeat users. Likewise, 69.80% of users gave Enbridge an outperform vote while only 61.87% of users gave TC Energy an outperform vote.

CompanyUnderperformOutperform
EnbridgeOutperform Votes
751
69.80%
Underperform Votes
325
30.20%
TC EnergyOutperform Votes
597
61.87%
Underperform Votes
368
38.13%

Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.7%. TC Energy pays an annual dividend of C$3.84 per share and has a dividend yield of 7.3%. 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. 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

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

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$54.82BC$26.12BC$3.84BC$5.23B
Dividend Yield7.31%6.02%6.57%5.60%
P/E Ratio20.2710.63205.3523.01
Price / Sales3.372.7124,882.432,123.90
Price / Cash20.28109.0970.1880.04
Price / Book1.982.181.543.34
Net IncomeC$2.72BC$1.35BC$452.70MC$288.93M
7 Day Performance-1.01%1.33%0.04%-1.04%
1 Month Performance0.67%-0.28%-4.06%-3.01%
1 Year Performance1.74%13.01%19.83%27.57%

TC Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENB
Enbridge
2.5072 of 5 stars
C$47.57
-0.4%
C$53.44
+12.3%
-0.5%C$101.32BC$42.61B18.0211,500Negative News
PPL
Pembina Pipeline
2.9851 of 5 stars
C$49.54
-0.3%
C$54.25
+9.5%
+23.7%C$28.71BC$9.05B15.932,349
ALA
AltaGas
3.6433 of 5 stars
C$30.45
+0.6%
C$35.00
+14.9%
+31.4%C$9.02BC$12.60B14.783,045Positive News
KEY
Keyera
1.0356 of 5 stars
C$36.28
-0.2%
C$38.18
+5.2%
+23.0%C$8.31BC$6.78B23.261,005
GEI
Gibson Energy
1.7636 of 5 stars
C$22.68
+0.0%
C$25.55
+12.6%
+10.1%C$3.69BC$11.94B21.60460Dividend Announcement
Positive News
TPZ
Topaz Energy
2.2456 of 5 stars
C$23.30
+0.6%
C$26.88
+15.3%
+16.5%C$3.38BC$321.45M72.818Positive News
KML
Kinder Morgan Canada Limited (KML.TO)
0 of 5 stars
N/AN/AN/AC$1.73BC$414.40M38.04153
TWM
Tidewater Midstream and Infrastructure
2.1894 of 5 stars
C$0.57
flat
C$0.96
+68.1%
-32.2%C$244.53MC$2.03B-0.63392
SU
Suncor Energy
3.0156 of 5 stars
C$50.78
flat
C$61.61
+21.3%
+33.9%C$65.00BC$49.56B8.3714,906Positive News
CNQ
Canadian Natural Resources
4.8097 of 5 stars
C$47.23
-0.1%
C$104.88
+122.1%
-32.9%C$50.54BC$35.58B6.9310,272Analyst Revision
Positive News

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This page (TSE:TRP) was last updated on 6/24/2024 by MarketBeat.com Staff

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