TC Energy Corporation (TRP)

NYSE: TRP · IEX Real-Time Price · USD
41.74
+0.09 (0.22%)
Jun 8, 2023, 4:00 PM EDT - Market closed
0.22%
Market Cap 41.74B
Revenue (ttm) 11.16B
Net Income (ttm) 1.16B
Shares Out 1.00B
EPS (ttm) 1.17
PE Ratio 35.78
Forward PE 13.26
Dividend $2.75 (6.59%)
Ex-Dividend Date Mar 30, 2023
Volume 1,056,128
Open 41.75
Previous Close 41.65
Day's Range 41.14 - 41.85
52-Week Range 36.79 - 58.63
Beta 0.87
Analysts Buy
Price Target 75.00 (+79.68%)
Earnings Date Jul 27, 2023

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 Storage. The company builds and operates 93,300 km network 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. It also has regulated ... [Read more]

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

Financial Performance

In 2022, TC Energy's revenue was 14.98 billion, an increase of 11.88% compared to the previous year's 13.39 billion. Earnings were 641.00 million, a decrease of -64.68%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for TRP stock is "Buy" and the 12-month stock price forecast is $75.0.

Price Target
$75.0
(79.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Exclusive: Canada's TC Energy laying off staff -company spokesperson

Canada's TC Energy is cutting some jobs to "optimize the value for our business," a company spokesperson said on Tuesday, without giving details of how many positions have been impacted.

2 days ago - Reuters

Media Advisory: TC Energy to host Sustainable Energy Forum for investors

CALGARY, Alberta, May 31, 2023 (GLOBE NEWSWIRE) -- Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its Sustainable Energy Forum on Tuesday, June 20, 2023, ...

1 week ago - GlobeNewsWire

FERC approves TC Energy's US-Mexico North Baja natgas pipe expansion

Canadian energy company TC Energy Corp's North Baja Pipeline LLC unit has received permission from U.S. energy regulators to put the North Baja natural gas pipeline expansion in Arizona and California...

1 week ago - Reuters
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TC Energy seeks US OK to put US-Mexico North Baja natgas pipe in service

Canadian energy company TC Energy Corp's North Baja Pipeline LLC unit asked U.S. energy regulators on Thursday for permission to put parts of the North Baja natural gas pipeline expansion in Arizona a...

1 week ago - Reuters

TC Energy announces 2023 annual meeting Board of Directors election results

CALGARY, Alberta, May 03, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2023 annual meeting of shareholders held...

1 month ago - GlobeNewsWire

TC Energy declares quarterly dividends

CALGARY, Alberta, April 28, 2023 (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 qua...

1 month ago - GlobeNewsWire

TC Energy reports strong first quarter 2023 results

Continue to progress critical energy infrastructure projects, while advancing $5+ billion asset divestiture program Continue to progress critical energy infrastructure projects, while advancing $5+ bi...

1 month ago - GlobeNewsWire

3 Dividend Stocks for April 2023

These dividend paying stocks are popular with income investors.

Other symbols: MOVOD
2 months ago - Morningstar
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TC Energy to issue first quarter 2023 results on April 28 and hold annual meeting of common shareholders on May 2

CALGARY, Alberta, April 06, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will release its first quarter 2023 financial results on Friday, A...

2 months ago - GlobeNewsWire

Daily Dividend Report: Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient

Daily Dividend Report: Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient

Other symbols: ADCAVNTPEGSSNC
4 months ago - Forbes

TC Energy files 2022 annual disclosure documents

CALGARY, Alberta, Feb. 14, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has today filed with Canadian securities authorities:

4 months ago - GlobeNewsWire

TC Energy reports strong 2022 results

Increases common share dividend for the twenty-third consecutive year Increases common share dividend for the twenty-third consecutive year

4 months ago - GlobeNewsWire

TC Energy provides Coastal GasLink Project update

CALGARY, Alberta, Feb. 01, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced updated cost estimates for the Coastal GasLink Proj...

4 months ago - GlobeNewsWire
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TC Energy to issue fourth quarter 2022 results on Feb. 14

CALGARY, Alberta, Jan. 24, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Tuesday, Feb. 14, 2023, t...

4 months ago - GlobeNewsWire

TC Energy says Keystone Pipeline operational to all delivery points

TC Energy Corp said on Thursday it had completed a controlled restart of its Keystone pipeline's extension to Cushing, Oklahoma, and the pipeline was now operational to all delivery points.

5 months ago - Reuters

TC Energy has submitted plan to restart Keystone pipeline after spill - source

TC Energy Corp has submitted its plan to restart the Keystone pipeline to U.S. regulators, a source familiar with the matter said on Tuesday, two weeks after the line ruptured in the worst oil spill i...

6 months ago - Reuters

TC Energy to give update on Keystone pipeline restart Wednesday

TC Energy said it expects to give an update on the Keystone pipeline restart later on Wednesday, a week after the 622,000 barrel-per-day pipeline was shut after leaking oil into a creek in Kansas.

6 months ago - Reuters

Canada's TC Energy has shut the Keystone pipeline after one of the largest onshore spills saw 14,000 barrels leak into a Kansas creek

The company said it initiated an emergency shutdown and response at 8 p.m. CT on Wednesday after alarms went off and as it detected a pressure drop.

6 months ago - Business Insider

'No sacred cows' as pipeline company TC Energy prepares for C$5 bln asset sales

As TC Energy Corp prepares to unload C$5 billion ($3.7 billion) in assets next year, investors and analysts say the North American pipeline operator has plenty of options without touching its core gas...

6 months ago - Reuters

TC Energy provides growth outlook for 2023 and defines funding plan at Investor Day 2022

Reaffirms 2022-2026 outlook and provides update on Coastal GasLink Project Reaffirms 2022-2026 outlook and provides update on Coastal GasLink Project

6 months ago - GlobeNewsWire

TC Energy 2022 Investor Day event to be webcast

CALGARY, Alberta, Nov. 22, 2022 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, November 29, 2022.

7 months ago - GlobeNewsWire

TC Energy says Keystone oil pipeline system to curtail volumes

Canada's TC Energy on Tuesday said its 622,000 barrel-per-day Keystone oil pipeline will curtail volumes due to a series of recent severe weather-related impacts to system facilities.

7 months ago - Reuters

TC Energy reports strong third quarter 2022 results

Increasing 2022 outlook based on solid execution across our North American portfolio Increasing 2022 outlook based on solid execution across our North American portfolio

7 months ago - GlobeNewsWire

TC Energy to issue third quarter 2022 results on Nov. 9

CALGARY, Alberta, Oct. 19, 2022 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Wednesday, Nov. 9, 2022, ...

8 months ago - GlobeNewsWire

TC Energy, 3 Rivers Energy Partners to develop renewable natural gas production facility at Jack Daniel Distillery

Project is TC Energy's first RNG production investment Project is TC Energy's first RNG production investment

8 months ago - GlobeNewsWire