TC Energy Corporation (TSX: TRP)
Market Cap | 53.53B |
Revenue (ttm) | 15.78B |
Net Income (ttm) | 2.81B |
Shares Out | 1.04B |
EPS (ttm) | 2.64 |
PE Ratio | 19.79 |
Forward PE | 11.90 |
Dividend | 3.78 (7.33%) |
Ex-Dividend Date | Jun 28, 2024 |
Volume | 15,698,523 |
Open | 51.52 |
Previous Close | 51.86 |
Day's Range | n/a |
52-Week Range | 43.70 - 55.28 |
Beta | 0.77 |
Analysts | n/a |
Price Target | 54.44 (+5.5%) |
Earnings Date | Jul 25, 2024 |
About TC Energy
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 Energy Solutions. The company builds and operates a network of 93,600 kilometers 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. ... [Read more]
Financial Performance
In 2023, TC Energy's revenue was 15.03 billion, an increase of 0.35% compared to the previous year's 14.98 billion. Earnings were 2.92 billion, an increase of 290.64%.
Financial StatementsNews
![](https://i.guim.co.uk/img/media/0cbdc449ce2ac6fb34871854190df52de31a0427/0_183_4000_2400/master/4000.jpg?width=140&quality=85&auto=format&fit=max&s=9bd01d79433d68a9bf427d97caea3da7)
British Columbia investigates after claims energy company ‘dramatically’ influenced climate policy
Inquiry into possible violations of provincial law after TC Energy executive claims company influenced government British Columbia’s attorney general has called for an investigation into possible viol...
![](https://i.guim.co.uk/img/media/88e528ff029d4e3ba4dd8cc9a0eac9c79e81b1f6/0_41_3000_1801/master/3000..jpg?width=140&quality=85&auto=format&fit=max&s=2e518ddf903ea224f940c4c6f932b5b6)
Investors awarded billions of dollars for losses related to climate laws, analysis finds
Fossil fuel firms are biggest beneficiaries of investor-state dispute settlement courts which have awarded $114bn of public money More than $100bn of public money has been awarded to private investors...
![](https://cdn.snapi.dev/images/v1/h/e/press13-2462598.jpg)
TC Energy shareholders approve spinoff of South Bow and elect Board of Directors at the 2024 annual and special meeting
CALGARY, Alberta, June 04, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is pleased to announce today that its shareholders voted to approve...
![](https://cdn.benzinga.com/files/images/story/2024/06/04/Office-Managers-And-Business-People-Comm.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
TC Energy Shareholders Approve Spin-Off Of Liquids Pipeline Business: Report
Shareholders of TC Energy Corporation (NYSE: TRP) reportedly gave the green light to create a new energy infrastructure company called South Bow Corp, including assets such as the Keystone oil pipeli...
TC Energy shareholders approve spinoff of oil pipeline business
TC Energy's Coastal GasLink launches biggest-ever Canadian bond deal
![](https://cdn.snapi.dev/images/v1/h/3/vst33yftw5j4fdqrgnv4u4hlvu-2461865.jpg)
TC Energy shareholders vote to spin off North American oil pipeline business
TC Energy shareholders voted in favour of spinning off the Canadian company's liquids pipeline business on Tuesday, creating a new energy infrastructure firm known as South Bow Corp whose assets inclu...
![](https://cdn.snapi.dev/images/v1/x/l/press19-2433583.jpg)
TC Energy to appeal Delaware court rulings in lawsuit related to 2016 Columbia Pipeline acquisition
CALGARY, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) strongly disagrees with the final decision issued today by the Delaw...
![](https://cdn.benzinga.com/files/images/story/2024/05/15/Blue-Natural-Gas-Flames.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
TC Energy's NGTL Pipeline Faces Pressure Reduction Order Despite Repaired Rupture: Report
The Canada Energy Regulator (CER) reportedly issued an order to TC Energy Corp .’s (NYSE: TRP) NOVA Gas Transmission Ltd. (NGTL) to further reduce the operating pressure for the Grande Prairie Mainli...
Canada regulator tells TC Energy to further cut pressure on NGTL pipeline
![](https://cdn.snapi.dev/images/v1/m/5/oil11-2430194.jpg)
Canada's energy regulator orders reduction in pressure on TC Energy's NGTL pipeline
The Canada Energy Regulator (CER) on Tuesday said it had issued an order to TC Energy's NOVA Gas Transmission Ltd (NGTL) to further reduce the operating pressure for the Grande Prairie Mainline gas pi...
![](https://cdn.snapi.dev/images/v1/a/7/etf32-2417379.jpg)
TC Energy's oil pipeline spin-off faces obstacles in bet on US Gulf
TC Energy's planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it star...
Why 7.5%-Yielding TC Energy Is A Compelling Investment For Value Investors?
![](https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1163550524/image_1163550524.jpg?io=getty-c-w1536)
TC Energy: Underperformance Closes Valuation Gap With Enbridge
TRP beats Q1-2024 consensus estimates with strong earnings of $3.09B, especially driven by the exceptional performance of their Natural Gas segment.
TC Energy scores Q1 beat as natural gas pipeline deliveries set records
TC Energy reports $1.2 billion profit, down from a year ago
The energy company said its comparable earnings from its natural gas segments amounted to $2.37 billion
Data Centers Will Drive Demand for Natural Gas, TC Energy Says
The growth of power-hungry data centers will send demand soaring for natural gas as more of the fuel is used to generate electricity, according to TC Energy Corp., the largest operator of natural gas ...
TC Energy Corporation (TRP) Q1 2024 Earnings Call Transcript
![](https://d32r1sh890xpii.cloudfront.net/news/718x300/2024-05-03_2jqedfpnix.jpg)
Strong Natural Gas Demand Helps TC Energy Top Q1 Profit Estimate
TC Energy Corporationreportedon Friday an increase in comparable earnings for the first quarter of 2024 versus the same period last year, beating analyst estimates, as natural gas pipeline deliveries ...
TC Energy Corporation 2024 Q1 - Results - Earnings Call Presentation
![](https://cdn.snapi.dev/images/v1/a/f/press15-2408652.jpg)
TC Energy declares quarterly dividends
CALGARY, Alberta, May 03, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend o...
TC Energy Non-GAAP EPS of C$1.24; reaffirms 2024 outlook
TC Energy press release (TRP): Q1 Non-GAAP EPS of C$1.24. Comparable EBITDA of C$3.1 billion compared to C$2.8 billion in 2023 and segmented earnings of C$2.3 billion
![](https://cdn.snapi.dev/images/v1/x/f/press9-2408647.jpg)
TC Energy reports strong first quarter 2024 operating and financial results
Advancing clear set of strategic priorities to maximize shareholder returns Advancing clear set of strategic priorities to maximize shareholder returns
![](https://cdn.snapi.dev/images/v1/7/1/press8-2385053.jpg)
TC Energy provides results of Series 7 Shares conversion elections
CALGARY, Alberta, April 23, 2024 (GLOBE NEWSWIRE) -- – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that 209,483 of its 24,000,000 fixed rate Cumula...
Canada's TC Energy says NGTL pipeline system resumes normal operations after fire
TC Energy's NGTL gas pipeline system in the western Canadian province of Alberta has resumed normal operations after a rupture last week prompted the company to reduce pressure on a segment of the lin...