TC Energy Corporation (TRP)
| Market Cap | 37.26B |
| Revenue (ttm) | 11.98B |
| Net Income (ttm) | 2.13B |
| Shares Out | 1.04B |
| EPS (ttm) | 2.01 |
| PE Ratio | 17.90 |
| Forward PE | 8.64 |
| Dividend | $2.83 (7.89%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 2,154,361 |
| Open | 36.00 |
| Previous Close | 36.03 |
| Day's Range | 35.56 - 36.08 |
| 52-Week Range | 32.52 - 42.49 |
| Beta | 0.73 |
| Analysts | Hold |
| Price Target | 49.43 (+37.65%) |
| Earnings Date | May 3, 2024 |
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 8 analysts, the average rating for TRP stock is "Hold." The 12-month stock price forecast is $49.43, which is an increase of 37.65% from the latest price.
News
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...
TC Energy does not expect service interruptions following pipeline rupture
TC Energy on Wednesday said it does not anticipate any service interruptions as it continues to respond to the rupture of its NGTL gas pipeline in Alberta, Canada, which caused a wildfire on Tuesday.
Rupture on TC Energy's NGTL gas pipeline sparks wildfire in Alberta
A section of TC Energy's NGTL gas pipeline system in Alberta ruptured and caught fire on Tuesday, sparking a wildfire in a remote area, the company said.
TC Energy to issue first quarter 2024 results on May 3 and hold annual and special meeting of common shareholders on June 4
CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will release its first quarter 2024 financial results on Friday, May 3, 2024 pre-...
TC Energy appoints Sean O'Donnell as Executive Vice-President and Chief Financial Officer
Joel Hunter, Executive Vice-President and Chief Financial Officer, to depart TC Energy after over 26 years with the company Joel Hunter, Executive Vice-President and Chief Financial Officer, to depart...
TC Energy provides conversion right and dividend rate notice for Series 7 and 8 preferred shares
CALGARY, Alberta, April 01, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it does not intend to exercise its right to r...
TC Energy enters agreement to sell Prince Rupert Gas Transmission entities to Nisga'a Nation and Western LNG
Transaction demonstrates TC Energy's focus on its strategic priorities while facilitating the development of critical energy infrastructure
TC Energy briefly shut Keystone oil pipeline on unfounded leak concern, US regulator says
TC Energy temporarily shut down the Keystone oil pipeline on Thursday to investigate a landowner's report about a possible leak that proved unfounded, a spokesperson for a U.S. pipeline regulator said...
TC Energy's Keystone oil pipeline offline due to operational issues, sources say
TC Energy's Keystone oil pipeline is offline due to operational issues, cutting off a major conduit of Canadian oil to the United States, three industry sources said on Thursday.
TC Energy announces layoffs, primarily in Calgary and Houston
Canadian oil and gas pipeline firm TC Energy said on Wednesday it has laid off some of its workers as part of a previously announced plan to integrate its natural gas pipeline units.
BlackRock and Morgan Stanley Buy TC Energy's Portland Pipeline Business for $1.14 Billion
BlackRock (BLK) and Morgan Stanley (MS) shares advanced Monday as Canada's TC Energy (TRP) said it would sell its Portland Natural Gas Transmission System (PNGTS) to them for $1.14 billion.
TC Energy to sell Portland Natural Gas Transmission System for $1.14 bln
TC Energy said on Monday it has agreed to sell Portland Natural Gas Transmission System (PNGTS) to BlackRock for $1.14 billion as part of its ongoing efforts to reduce debt and fund investments.
TC Energy announces sale of Portland Natural Gas Transmission System
CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a s...
TC Energy files 2023 annual disclosure documents
CALGARY, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has today filed with Canadian securities authorities:
Pipeline operator TC Energy beats fourth-quarter profit estimates
Pipeline operator TC Energy beat fourth-quarter profit estimates on Friday, helped by high demand for liquefied natural gas (LNG).
TC Energy declares quarterly dividends
CALGARY, Alberta, Feb. 16, 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 record 2023 operating and financial results driven by solid execution
Increases common share dividend for the twenty-fourth consecutive year Increases common share dividend for the twenty-fourth consecutive year
TC Energy to issue fourth quarter 2023 results on Feb. 16
CALGARY, Alberta, Jan. 26, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, Feb. 16, 2024, to...
Made-in-Ontario Pumped Storage will enhance province's energy supply mix
Government of Ontario outlines next steps on Ontario Pumped Storage Project Government of Ontario outlines next steps on Ontario Pumped Storage Project
TC Energy's Coastal GasLink seeks C$1.2 billion from pipeline contractor over delays
Coastal GasLink, a Canadian natural gas pipeline partnership operated by TC Energy , is seeking C$1.2 billion ($737 million) from one of its main contractors for construction delays and may be liable ...
Canada's TC Energy forecasts higher adjusted core earnings in 2024
Canadian oil and gas pipeline company TC Energy Corp said on Tuesday it expects adjusted core earnings for 2024 to be 5% to 7% higher than 2023.
TC Energy updates growth outlook, reinforces balance sheet discipline and highlights South Bow spinoff benefits at 2023 Investor Day
CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day today. The event will reaffirm the Company's lon...
TC Energy 2023 Investor Day event to be webcast
CALGARY, Alberta, Nov. 21, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 28, 2023.
TC Energy receives FERC approval for Virginia Reliability Project
The U.S. Federal Energy Regulatory Commission (FERC) approved TC Energy's Virginia Reliability Project, the company said in a statement dated Friday, adding that it will work to place it into service ...
TC Energy beats third-quarter profit estimates on higher transport volumes
Pipeline operator TC Energy on Wednesday beat third-quarter profit estimates, as it gained from transporting higher volumes of gas.