TC Energy Corporation (TRP)
| Market Cap | 47.51B |
| Revenue (ttm) | 12.32B |
| Net Income (ttm) | 3.76B |
| Shares Out | 1.04B |
| EPS (ttm) | 3.63 |
| PE Ratio | 12.62 |
| Forward PE | 17.80 |
| Dividend | $2.85 (6.23%) |
| Ex-Dividend Date | Sep 27, 2024 |
| Volume | 1,044,810 |
| Open | 45.00 |
| Previous Close | 45.33 |
| Day's Range | 44.71 - 45.83 |
| 52-Week Range | 34.95 - 50.37 |
| Beta | 0.82 |
| Analysts | Sell |
| Price Target | 55.67 (+21.58%) |
| Earnings Date | Feb 14, 2025 |
About TRP
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 15.93 billion, an increase of 6.39% compared to the previous year's 14.98 billion. Earnings were 2.83 billion, an increase of 341.34%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for TRP stock is "Sell." The 12-month stock price forecast is $55.67, which is an increase of 21.58% from the latest price.
News
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TC Energy provides conversion right and dividend rate notice for Series 1 and 2 preferred shares
CALGARY, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) today announced that it does not intend to exercise its right to redeem its Cu...
Pipelines Of Prosperity: TC Energy's 4.8% Yield Is Just The Beginning
TC Energy Corporation offers a compelling 4.8% dividend yield, benefiting from rising global natural gas demand and North America's growing LNG exports. The company's extensive North American pipeline...
The Higher They Soar, The More I Buy
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TC Energy forecasts higher 2025 core profit on natgas, electricity demand
TC Energy said on Tuesday it expects 2025 core profit to be in the range of about C$10.7 billion to C$10.9 billion, higher than its 2024 forecast of C$9.9 billion to C$10.1 billion, due to rising dema...
TC Energy's outlook highlights solid growth, low risk, repeatable performance at 2024 Investor Day
CALGARY, Alberta, Nov. 19, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its Investor Day today. The event will outline TC Energy'...
TC Energy 2024 Investor Day event to be webcast
CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 19, 2024.
TC Energy: Liquids Spin-Off Creates A Premier Gas Midstream
Following the spin off of its liquids pipelines business as South Bow, TC Energy has become a pure-play gas midstream, operating across Canada, the US and Mexico. The divestment has also been margin a...
TC Energy Corporation (TRP) Q3 2024 Earnings Call Transcript
TC Energy Corporation (NYSE:TRP) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Gavin Wylie - VP of IR Francois Poirier - CEO, President & Director Sean O'Donnell -...
TC Energy's third-quarter profit beats estimates
Pipeline operator TC Energy's third-quarter profit beat Wall Street estimates on Thursday, helped by higher volumes of liquids transported through its system.
TC Energy appoints two new independent directors
CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- News Release - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) is pleased to announce the appointment of two new independent directors, Scott Bon...
TC Energy declares quarterly dividends
CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quar...
TC Energy reports solid third quarter 2024 operating and financial results
Southeast Gateway makes significant progress toward completion with estimated capital expenditures 11 per cent lower to US$3.9 to US$4.1 billion Overall net capital expenditure outlook for 2024 revise...
TC Energy lists Series 10 Preferred Shares
CALGARY, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that 1,297,203 of its 18,000,000 fixed rate Cumulat...
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TC Energy provides results of Series 9 Shares conversion elections
CALGARY, Alberta, Oct. 23, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that 1,297,203 of its 18,000,000 fixed rate Cumulat...
Wakeup Call - It's Time To Buy High-Yield Dividends
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My Top 5 Blue-Chip Bargains For October Yield 4.3% With 19% Income Growth Potential
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Invest $100,000 For An AI-Powered Dividend Snowball
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TC Energy announces pricing of cash tender offers for certain Canadian-dollar denominated debt securities
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES (SEE “OFFER AND DISTRIBUTION RESTRICTIONS” BELOW). CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy C...
TC Energy announces upsizing and results of its cash tender offers
CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced that TransCanada PipeLines Limited (the “Company”), a wholly-own...
TC Energy announces expiration and upsizing of cash tender offers for certain Canadian-dollar denominated debt securities
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES (SEE “OFFER AND DISTRIBUTION RESTRICTIONS” BELOW). CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy C...
TC Energy announces pricing of cash tender offers
CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced that TransCanada PipeLines Limited (the “Company”), a wholly-own...