TC Energy Corporation (TRP)
| Market Cap | 49.12B |
| Revenue (ttm) | 12.06B |
| Net Income (ttm) | 2.51B |
| Shares Out | 1.00B |
| EPS (ttm) | 2.42 |
| PE Ratio | 19.58 |
| Forward PE | 16.92 |
| Dividend | $2.85 (6.02%) |
| Ex-Dividend Date | Sep 27, 2024 |
| Volume | 900,756 |
| Open | 48.04 |
| Previous Close | 48.10 |
| Day's Range | 47.20 - 48.25 |
| 52-Week Range | 33.47 - 48.42 |
| Beta | 0.82 |
| Analysts | Sell |
| Price Target | 48.50 (+2.41%) |
| Earnings Date | Nov 7, 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 2 analysts, the average rating for TRP stock is "Sell." The 12-month stock price forecast is $48.5, which is an increase of 2.41% from the latest price.
News
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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...
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TC Energy Corp (TRP) Shares Down 9.62% on Oct 2
Shares of TC Energy Corp (TRP, Financial) fell 9.62% in mid-day trading on Oct 2. The stock reached an intraday low of $43.46, before recovering slightly to $43.72, down from its previous close of $48...
TC Energy provides conversion right and dividend rate notice for Series 9 and 10 preferred shares
CALGARY, Alberta, Oct. 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 re...
TC Energy: South Bow Spinoff Unlocking Value, Improving Shareholder Returns
South Bow (SOBO:CA) will start trading on TSX on October 2, 2024, and on NYSE on October 7, 2024, as a spin-off from TC Energy. SOBO offers stable revenues, strong EBITDA, and earnings visibility due ...
TC Energy announces 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. 01, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy C...
TC Energy announces cash tender offers for seven series of debt securities
CALGARY, Alberta, Oct. 01, 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 completes spinoff of its Liquids Pipelines business, South Bow Corporation; TC Energy to issue third quarter results on Nov. 7
CALGARY, Alberta, Oct. 01, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it has completed the spinoff of its Liquids Pi...
TC Energy: 6% Yield Amidst A North American Energy Boom
TC Energy is a compelling investment for dividend-focused investors with its 6% yield, steady cashflows, and 24 years of consecutive dividend raises. TRP's robust growth prospects are driven by North ...
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TC Energy's Coastal GasLink pipeline fined again for environmental non-compliance
TC Energy's Coastal GasLink pipeline in western Canada has been fined C$590,000 ($434,558) for 10 environmental non-compliance penalties, the British Columbia government said on Thursday, taking its t...
TC Energy To Spin-Off South Bow On October 1, 2024
On September 09, 2024, TC Energy Corp (NYSE, TSX: TRP, $45.88, Market Capitalization: $47.5 billion) announced the distribution record date and timelines for a tax-free spin-off of the Liquids Pipelin...
Update from Aspen Investments LP with Respect to Equity Interest Purchase Agreement with TC Energy Corporation
Calgary, Alberta--(Newsfile Corp. - September 11, 2024) - Further to the press release of TC Energy Corporation issued on September 10, 2024, Aspen Investments Limited Partnership ("Aspen Investments ...
TC Energy's pipeline stake sale delayed
Pipeline operator TC Energy said on Tuesday that a deal to sell a minority stake in its Canadian natural gas pipeline system to indigenous communities has been delayed due to an identified transaction...
Equity Interest Purchase Agreement Update
CALGARY, Alberta, Sept. 10, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is providing an update on its previously announced equity interest...
Record date is determined for South Bow spinoff
CALGARY, Alberta, Sept. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced the setting of the distribution record date of Sep...