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TC Pipelines LP (TCP)

Stock Price: $31.00 USD -0.03 (-0.10%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
Market Cap 2.27B
Revenue (ttm) 399.00M
Net Income (ttm) 274.00M
Shares Out 71.30M
EPS (ttm) 3.84
PE Ratio 8.07
Forward PE 8.00
Dividend $2.60
Dividend Yield 8.39%
Trading Day January 15
Last Price $31.00
Previous Close $31.03
Change ($) -0.03
Change (%) -0.10%
Day's Open 30.86
Day's Range 30.50 - 31.12
Day's Volume 288,397
52-Week Range 18.11 - 40.53

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Seeking Alpha - 1 week ago

Midstream stocks underperformed the broad market for a fourth straight week. Midstream's bounce off the bottom early in the quarter appears to have left positioning largely settled into year-e...

Other stocks mentioned: AM, DKL, ENB, ET, EVA, GEL, IPPLF, LNG, NGL, PAA, PBA, SRLP, USAC, WLKP
Zacks Investment Research - 2 weeks ago

TC Pipelines' (TCP) regionally diversified portfolio of midstream assets including Northern Border, Great Lakes, PNGTS pipelines, et al bode well.

PRNewsWire - 4 weeks ago

NEW ORLEANS, Dec. 16, 2020 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sal...

Other stocks mentioned: TRP
PRNewsWire - 1 month ago

NEW YORK, Dec. 15, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of the limited partnership agreement, fiduciary duty, and other violations of law by the board of direct...

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of TC PipeLines, LP (NYSE: TCP) to TC Energy Corporation for 0.70 common share...

Market Watch - 1 month ago

Shares of TC PipeLines L.P. rose 3.7% in premarket trading Tuesday, after the natural gas pipelines company agreed to be acquired by TC Energy Corp. in deal that values TC PipeLines at about $...

GlobeNewsWire - 1 month ago

0.70 Share-for-Unit Exchange Ratio 0.70 Share-for-Unit Exchange Ratio

Insider Monkey - 1 month ago

In this article we will take a look at whether hedge funds think TC Pipelines, LP (NYSE:TCP) is a good investment right now. We check hedge fund and billionaire investor sentiment before delvi...

Zacks Investment Research - 1 month ago

TC PipeLines' (TCP) third-quarter operation and maintenance expenses of $16 million decline from the year-ago quarter's $18 million.

Seeking Alpha - 2 months ago

TC PipeLines LP (TCP) on Q3 2020 Results - Earnings Call Transcript

GlobeNewsWire - 2 months ago

HOUSTON, Nov. 10, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported net income attributable to controlling interests of $65 million and distributable cash ...

Insider Monkey - 2 months ago

Steel City Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. During the third quarter of 2020, the fund returned 1.6% net of fees, while the S&P 500...

GlobeNewsWire - 2 months ago

HOUSTON, Oct. 21, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared th...

GlobeNewsWire - 2 months ago

HOUSTON, Oct. 20, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) will release its third quarter 2020 financial results on Tuesday, November 10, 2020 pre-market. Nathan...

Seeking Alpha - 3 months ago

TC Energy Corp. has offered to buy up the rest of TC PipeLines that it does not currently own for $1.48 billion.

Other stocks mentioned: TRP
Business Wire - 3 months ago

PITTSBURGH--(BUSINESS WIRE)--Steel City Capital, LP announced today that it has issued a public letter to the Board of Directors of TC Pipelines, LP (NYSE: TCP) regarding TC Energy Corporation...

GlobeNewsWire - 3 months ago

HOUSTON, Oct. 05, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (TCP) (NYSE: TCP) today announced that it has received a non-binding offer from TC Energy Corporation (TC Energy) (TSX, NYSE: TRP) t...

GlobeNewsWire - 4 months ago

HOUSTON, Sept. 15, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced the appointment of Peggy Heeg to the Board of Directors and Audit Committee of its ...

Seeking Alpha - 4 months ago

TC PipeLines: A Safe 8% Dividend Yield

Zacks Investment Research - 4 months ago

The energy pipeline partnerships represent an attractive investment option for income-focused investors in the current environment.

Other stocks mentioned: CAPL, DKL, GLP, HEP
Zacks Investment Research - 5 months ago

TC PipeLines' (TCP) second-quarter operation and maintenance expenses of $16 million decline from the year-ago quarter's $17 million.

Seeking Alpha - 5 months ago

TC Pipelines, LP (TCP) CEO Nathaniel Brown on Q2 2020 Results - Earnings Call Transcript

GlobeNewsWire - 5 months ago

Essential North American energy infrastructure – Stable for today and Growing for tomorrow Essential North American energy infrastructure – Stable for today and Growing for tomorrow

GlobeNewsWire - 5 months ago

HOUSTON, July 23, 2020 (GLOBE NEWSWIRE) -- News Release – TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general par...

GlobeNewsWire - 6 months ago

HOUSTON, July 15, 2020 (GLOBE NEWSWIRE) -- News Release – TC PipeLines, LP (NYSE: TCP) (the Partnership) will release its second quarter 2020 financial results on Wednesday, August 5 pre-mar...

Zacks Investment Research - 6 months ago

Oil and Gas Pipeline MLP's Outlook Promising Despite Coronavirus

Other stocks mentioned: BPMP, EPD, OMP, PBFX
GuruFocus - 7 months ago

Over the weekend, OPEC and its allying oil-producing countries agreed to extend oil production cuts for another month in an effort to boost the economy in the wake of the Covid-19 pandemic.

Other stocks mentioned: EPM, INT, MTDR, REGI
Zacks Investment Research - 7 months ago

TC PipeLines, LP (TCP) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 7 months ago

TC PipeLines' (TCP) first-quarter operation and maintenance expenses of $16 million reiterate the year-ago number.

Seeking Alpha - 8 months ago

TC PipeLines, LP (TCP) Q1 2020 Results - Earnings Call Transcript

GlobeNewsWire - 8 months ago

Underscores resilience and stability of our business Underscores resilience and stability of our business

Zacks Investment Research - 9 months ago

TC PipeLines, LP (TCP) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 10 months ago

Oil & Gas Pipeline MLP Industry Outlook Upbeat on Key Projects

Other stocks mentioned: BPMP, EPD, NS, OMP
Zacks Investment Research - 10 months ago

TC PipeLines' (TCP) Q4 cash distribution of 65 cents per unit matches the year-ago figure. Notably, this marks the firm's 83rd straight quarterly distribution.

Seeking Alpha - 10 months ago

TC PipeLines LP (TCP) on Q4 2019 Results - Earnings Call Transcript

GlobeNewsWire - 11 months ago

HOUSTON, Jan. 21, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared ...

Zacks Investment Research - 1 year ago

TC PipeLines, LP (TCP) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 1 year ago

Steady natural gas flows, primarily out of the Western Canadian Sedimentary Basin, contribute to TC PipeLines' (TCP) solid Q3 earnings.

Seeking Alpha - 1 year ago

TC PipeLines, LP (TCP) Management on Q3 2019 Results - Earnings Call Transcript

GlobeNewsWire - 1 year ago

HOUSTON, Nov. 01, 2019 (GLOBE NEWSWIRE) -- News Release – TC PipeLines, LP (NYSE: TCP) (TC PipeLines or the Partnership) is pleased to announce that its Gas Transmission Northwest, LLC (GTN)...

Seeking Alpha - 1 year ago

TC PipeLines: Still Looking Good Although Price Run-Up Has Made Yield Lower

GlobeNewsWire - 1 year ago

HOUSTON, Oct. 22, 2019 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared ...

Zacks Investment Research - 1 year ago

TC PipeLines (TCP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Zacks Investment Research - 1 year ago

TC PipeLines, LP (TCP) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 1 year ago

TC PipeLines' (TCP) transmission revenues of $93 million in second-quarter 2019 compare unfavorably with the year-ago figure of $111 million amid lower contribution from Bison Pipelines.

Zacks Investment Research - 1 year ago

Does TC PipeLines, LP (TCP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Seeking Alpha - 1 year ago

TC PipeLines, L.P. (TCP) Q2 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

TC PipeLines, LP (TCP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Zacks Investment Research - 1 year ago

TC PipeLines, LP (TCP) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 1 year ago

Tc PipeLines' (TCP) DCF increases to $116 million in Q1 from $112 million in the year-ago period, primarily driven by higher contribution from PNGTS and Northern Border pipelines.

About TCP

TC PipeLines, LP acquires, owns, and participates in the management of energy infrastructure businesses in North America. The company has interests in eight natural gas interstate pipeline systems that transport approximately 10.9 billion cubic feet per day of natural gas from producing regions and import facilities to market hubs and consuming markets primarily in the Western, Midwestern, and Eastern United States. It serves large utilities, local distribution companies, natural gas marketers, producing companies, and other interstate pipeline... [Read more...]

Industry
Oil & Gas Midstream
IPO Date
May 25, 1999
Stock Exchange
NYSE
Ticker Symbol
TCP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for TC Pipelines stock is "Buy." The 12-month stock price forecast is 38.75, which is an increase of 25.00% from the latest price.

Price Target
$38.75
(25.00% upside)
Analyst Consensus: Buy