TC Pipelines LP (TCP)
Stock Price:
$30.97 USD
0.31 (1.01%)
Updated Aug 3, 2020 12:59 PM EDT - Market open
Key Info
| Market Cap |
2.27B |
| Revenue (ttm) |
552.00M |
| Net Income (ttm) |
275.00M |
| Shares Out |
71.31M |
| EPS (ttm) |
3.68 |
| PE Ratio |
8.42 |
| Forward PE |
8.16 |
| Dividend |
$2.60 |
| Dividend Yield |
8.40% |
Stock Quote
| Trading Day |
Aug 3, 2020 |
| Last Price |
$30.97 |
| Previous Close |
$30.66 |
| Change ($) |
0.31 |
| Change (%) |
1.01% |
| Day's Open |
30.54 |
| Day's Range |
30.17 - 31.02 |
| Day's Volume |
48,121 |
| 52-Week Range |
18.00 - 44.65 |
More Stats
| Market Cap |
2.27B |
| Enterprise Value |
4.14B |
| Earnings Date (est) |
Aug 5, 2020 |
| Ex-Dividend Date |
Jul 31, 2020 |
| Shares Outstanding |
71.31M |
| Float |
45.60M |
| EPS (basic) |
3.67 |
| EPS (diluted) |
3.68 |
| FCF / Share |
4.53 |
| Dividend |
$2.60 |
| Dividend Yield |
8.40% |
| Earnings Yield |
11.88% |
| FCF Yield |
14.25% |
| Payout Ratio |
70.80% |
| Shares Short |
670,779 |
| Short Ratio |
1.45 |
| Short % of Float |
1.76% |
| Beta |
1.05 |
| PE Ratio |
8.42 |
| Forward PE |
8.16 |
| P/FCF Ratio |
7.02 |
| PS Ratio |
4.11 |
| PB Ratio |
3.32 |
| Revenue |
552.00M |
| Operating Income |
210.00M |
| Net Income |
275.00M |
| Free Cash Flow |
323.00M |
| Net Cash |
-1.88B |
| Net Cash / Share |
-25.63 |
| Gross Margin |
89.13% |
| Operating Margin |
38.04% |
| Profit Margin |
67.00% |
| FCF Margin |
58.51% |
| ROA |
8.00% |
| ROE |
38.78% |
| ROIC |
7.80% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (11)
| Buy |
7 |
| Overweight |
1 |
| Hold |
3 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$39.50*
(27.54% upside)
Low
35.0
Current: $30.97
High
45.0
Target: 39.50
*Average 12-month price target from 10 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 403 | 549 | 422 | 426 | 417 | 336 | 341 | 343 | 353 | 69.00 |
| Revenue Growth | -26.59% | 30.09% | -0.94% | 2.16% | 24.11% | -1.47% | -0.58% | -2.83% | 411.59% | - |
| Gross Profit | 403 | 549 | 422 | 426 | 417 | 336 | 341 | 343 | 353 | 69.00 |
| Operating Income | 220 | -245 | 222 | 238 | 225 | 166 | 235 | 269 | 308 | 37.00 |
| Net Income | 280 | -182 | 252 | 248 | 37.00 | 172 | 155 | 192 | 216 | 137 |
| Shares Outstanding | 71.30 | 71.30 | 69.20 | 65.70 | 63.90 | 62.70 | 58.90 | 53.50 | 51.10 | 46.20 |
| Earnings Per Share | 3.74 | -2.68 | 3.16 | 3.21 | -0.03 | 2.67 | 2.13 | 2.51 | 3.02 | 2.91 |
| EPS Growth | - | - | -1.56% | - | - | 25.35% | -15.14% | -16.89% | 3.78% | - |
| Dividend Per Share | 2.60 | 2.95 | 3.88 | 3.66 | 3.46 | 3.30 | 3.18 | 3.10 | 3.04 | 2.94 |
| Dividend Growth | -11.86% | -23.97% | 6.01% | 5.78% | 4.85% | 3.77% | 2.58% | 1.97% | 3.4% | - |
| Operating Cash Flow | 412 | 540 | 376 | 417 | 260 | 335 | 272 | 315 | 340 | 156 |
| Capital Expenditures | -75.00 | -40.00 | -29.00 | -29.00 | -54.00 | -10.00 | -15.00 | -36.00 | -163 | -9.00 |
| Free Cash Flow | 337 | 500 | 347 | 388 | 206 | 325 | 257 | 279 | 177 | 147 |
| Cash & Equivalents | 83.00 | 33.00 | 33.00 | 64.00 | 39.00 | 26.00 | 25.00 | 24.00 | 29.00 | 3.60 |
| Total Debt | 2,003 | 2,108 | 2,403 | 1,911 | 1,903 | 1,695 | 1,578 | 1,028 | 742 | 514 |
| Net Cash / Debt | -1,920 | -2,075 | -2,370 | -1,847 | -1,864 | -1,669 | -1,553 | -1,004 | -713 | -510 |
| Assets | 2,853 | 2,899 | 3,559 | 3,354 | 3,126 | 3,349 | 3,443 | 3,505 | 2,082 | 1,651 |
| Liabilities | 2,093 | 2,200 | 2,491 | 2,082 | 1,975 | 1,763 | 1,654 | 1,083 | 749 | 538 |
| Book Value | 656 | 591 | 963 | 1,144 | 1,151 | 1,352 | 1,349 | 1,301 | 1,333 | 1,113 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
TC Pipelines LP |
| Country |
United States |
| CEO |
Nathan A. Brown |
Stock Information
| Ticker Symbol |
TCP |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Energy |
| Industry |
Oil & Gas Midstream |
| Unique Identifier |
NYSE: TCP |
| IPO Date |
May 25, 1999 |
Description
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 pipelines, including affiliates. TC PipeLines GP, Inc. operates as a general partner of the company. TC PipeLines, LP was founded in 1998 and is based in Houston, Texas.