TC Energy Corporation (TRP)

NYSE: TRP · Real-Time Price · USD
47.40
+1.23 (2.66%)
Jan 17, 2025, 4:00 PM EST - Market closed
2.66%
Market Cap 49.40B
Revenue (ttm) 12.32B
Net Income (ttm) 3.76B
Shares Out 1.04B
EPS (ttm) 3.63
PE Ratio 13.12
Forward PE 18.49
Dividend $2.35 (4.97%)
Ex-Dividend Date Dec 31, 2024
Volume 2,704,100
Open 45.99
Previous Close 46.17
Day's Range 45.95 - 47.45
52-Week Range 34.95 - 50.37
Beta 0.82
Analysts Sell
Price Target 55.67 (+17.45%)
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]

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

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 Statements

Analyst 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 17.45% from the latest price.

Price Target
$55.67
(17.45% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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13 days ago - Seeking Alpha

An Emerging Big Dividend AI Opportunity: TC Energy

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Play into the high-income consumer in retail stocks, says Bernstein's Aneesha Sherman

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20 days ago - CNBC Television

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TC Energy provides results of Series 1 and Series 2 conversion elections

CALGARY, Alberta, Dec. 23, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy or the Company) today announced that 42,200 of its 14,577,184 fixed rate Cumula...

4 weeks ago - GlobeNewsWire

Why TC Energy Is A Must-Have For Income And Growth Investors

TC Energy remains a high-quality pick for income, value, and growth, driven by its strong focus on natural gas infrastructure post South Bow spin-off. TRP's robust financial results, disciplined capit...

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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...

6 weeks ago - GlobeNewsWire

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...

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2 months ago - Seeking Alpha

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...

2 months ago - Reuters

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'...

2 months ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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 -...

2 months ago - Seeking Alpha

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.

2 months ago - Reuters

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

Bet On These 3 High-Yield Stocks As Natural Gas Demand Grows

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