TC Energy Corporation (TSX: TRP)

Canada flag Canada · Delayed Price · Currency is CAD
51.60
-0.26 (-0.50%)
Jul 2, 2024, 4:00 PM EDT
-3.70%
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]

Sector Energy
Founded 1951
Employees 7,477
Stock Exchange Toronto Stock Exchange
Ticker Symbol TRP
Full Company Profile

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 Statements

News

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...

5 days ago - The Guardian

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...

26 days ago - The Guardian

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - Benzinga

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...

4 weeks ago - Reuters

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - Benzinga

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...

7 weeks ago - Reuters

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...

7 weeks ago - Reuters

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.

2 months ago - Seeking Alpha

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

2 months ago - Financial Post

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 ...

2 months ago - BNN Bloomberg

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 ...

2 months ago - OilPrice com

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...

2 months ago - GlobeNewsWire

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

2 months ago - Seeking Alpha

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

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Reuters