TC Energy Corporation (TRP)
| Market Cap | 40.54B |
| Revenue (ttm) | 11.66B |
| Net Income (ttm) | -60.00M |
| Shares Out | 1.04B |
| EPS (ttm) | -0.06 |
| PE Ratio | n/a |
| Forward PE | 9.62 |
| Dividend | $2.82 (7.22%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 1,102,497 |
| Open | 39.15 |
| Previous Close | 39.16 |
| Day's Range | 38.91 - 39.20 |
| 52-Week Range | 32.52 - 45.18 |
| Beta | 0.83 |
| Analysts | Hold |
| Price Target | 48.29 (+23.54%) |
| Earnings Date | Feb 13, 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 93,700 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 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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for TRP stock is "Hold." The 12-month stock price forecast is $48.29, which is an increase of 23.54% from the latest price.
News
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.
TC Energy declares quarterly dividends
CALGARY, Alberta, Nov. 08, 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 quar...
TC Energy appoints long-standing Board member, John E. Lowe as Chair of the Board
CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced on behalf of its Board of Directors (the Board) that John E. Lowe ...
TC Energy reports strong third quarter 2023 operating and financial results and achieves mechanical completion on Coastal GasLink ahead of target
Comparable EBITDA now expected to be at the upper end of 2023 outlook Comparable EBITDA now expected to be at the upper end of 2023 outlook
TC Energy is exploring stake sales of assets worth $10 bln - Bloomberg News
Canadian pipeline operator TC Energy is exploring a multibillion-dollar asset sale plan to lower its debt and fund new investments, Bloomberg News reported on Friday, citing people familiar with the m...
TC Energy to issue 2023 third quarter results on Nov. 8
CALGARY, Alberta, Oct. 18, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Wednesday, Nov. 8, 2023, ...
Distinguished industry leader, Hal Kvisle, named as Board Chair of new Liquids Pipelines Company
CALGARY, Alberta, Oct. 12, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is pleased to announce that distinguished industry leader Hal Kvisl...
TC Energy successfully completes $5.3 billion sale of a 40 per cent non-controlling equity interest in Columbia Gas and Columbia Gulf
Proceeds from transaction significantly accelerate deleveraging and deliver key 2023 strategic priority Proceeds from transaction significantly accelerate deleveraging and deliver key 2023 strategic p...
TC Energy's Coastal GasLink pipeline fined for environmental non-compliance
British Columbia has fined Coastal GasLink, the natural gas pipeline being built by TC Energy , C$346,000 ($256,810) for non-compliance with environmental regulations, the Canadian province said on Th...
TC Energy announces completion of Bruce Power's Major Component Replacement Unit 6, On Budget and Ahead of Schedule
CALGARY, Alberta, Sept. 15, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is pleased to announce the successful commercial operation of Unit...
These 20 dividend-paying stocks get a double boost from declining interest rates
Bonds will do well if U.S. interest rates decline in coming months. What you may not appreciate is that dividend-paying stocks are likely to do even better.
China Lifted a Ban on Group Travel. These Stocks are Set to Benefit.
China's decision to lift a ban on group tours traveling to the U.S., Japan, South Korea and parts of Europe is great news for luxury stocks.
TC Energy Initiates Plan To Spin-Off Liquids Pipeline Business To Create Value
On July 27, 2023, TC Energy TRP Corp. (NYSE: TRP, $36.42, Market Capitalization: $37.5 billion) board of directors announced that it has decided to pursue a tax-free separation of the Liquids Pipeline...
Analysis: TC Energy eyes Coastal GasLink pipeline to finish year on higher note
TC Energy's surprise plan last week to split the company accelerated a stock selloff, but shareholders bet the North American pipeline operator will finish the year on a higher note by completing the ...
TC Energy begins re-pressurizing unaffected pipeline section in Virginia
Canada's TC Energy began re-pressurizing part of its Columbia Gas Transmission Pipeline in Strasburg, Virginia that was not directly impacted by an unplanned incident last week, the company said late ...
TC Energy shares rise on spinoff plans
Shares of TC Energy rose nearly 3% in premarket trading on Thursday after the Keystone pipeline operator disclosed plans to spin off its oil pipelines business to focus solely on transporting natural ...
TC Energy to spin off oil pipeline business
North American pipeline company TC Energy , which has been seeking to sell assets and cut debt, said on Thursday it would spin off its oil pipeline business and focus on transporting natural gas, sayi...
TC Energy reports solid second quarter 2023 results, while significantly advancing Coastal GasLink and Southeast Gateway projects to planned cost and schedule
Unlocking incremental shareholder value through spinning off Liquids Pipelines, integrating our Natural Gas Pipelines business units and utilizing strategic partnerships to enable energy transition an...
TC Energy to unlock value by creating two premium energy infrastructure companies with intention to spin off Liquids Pipelines business
Separation of the two companies enables greater contribution to energy transition and security Separation of the two companies enables greater contribution to energy transition and security
TC Energy to sell 40% interest in Columbia Gas and Columbia Gulf pipelines for C$5.2 bln
TC Energy said on Monday it has entered into an agreement to sell a 40% interest in its Columbia Gas Transmission and Columbia Gulf Transmission pipelines for C$5.2 billion ($3.95 billion).