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TC Energy TSX:TRP Stock Report

Last Price

CA$69.10

Market Cap

CA$70.4b

7D

5.3%

1Y

38.7%

Updated

12 Nov, 2024

Data

Company Financials +

TC Energy Corporation

TSX:TRP Stock Report

Market Cap: CA$70.4b

TRP Stock Overview

Operates as an energy infrastructure company in North America.

About the company

TRP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends4/6

Rewards

Price-To-Earnings ratio (14.1x) is below the Canadian market (14.8x)
Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings
Earnings are forecast to decline by an average of 1.2% per year for the next 3 years
Dividend of 5.56% is not well covered by free cash flows

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Analysts Project Shrinking Profits Amid Heavy Capital Spend And Market Skepticism

Key Takeaways Upcoming project completions aim to boost revenue through increased capacity and services amid rising natural gas demand. High capital commitments and spin-off adjustments might pressure net margins short-term, while deleveraging strategies target long-term financial strength.
View narrative
CA$65.22
FV
5.9% overvalued intrinsic discount
0.18%
Revenue growth p.a.
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2 days ago author updated this narrative

TC Energy Corporation Competitors

Enbridge

TSX:ENB

CA$128.3b

Pembina Pipeline

TSX:PPL

CA$33.1b

Keyera

TSX:KEY

CA$10.0b

Gibson Energy

TSX:GEI

CA$3.7b

Price History & Performance

Summary of all time highs, changes and price drops for TC Energy
Historical stock prices
Current Share PriceCA$69.10
52 Week HighCA$69.61
52 Week LowCA$48.12
Beta0.82
11 Month Change10.01%
3 Month Change15.40%
1 Year Change38.73%
33 Year Change12.74%
5 Year Change1.65%
Change since IPO140.35%

Recent News & Updates

Recent updates

TC Energy Corporation (TSE:TRP) Not Flying Under The Radar

Sep 15
TC Energy Corporation (TSE:TRP) Not Flying Under The Radar

Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)

Aug 30
Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)

TC Energy Corporation Just Beat Revenue By 7.4%: Here's What Analysts Think Will Happen Next

Aug 05
TC Energy Corporation Just Beat Revenue By 7.4%: Here's What Analysts Think Will Happen Next

Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet?

Aug 01
Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet?

Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes

Jul 04
Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes

With TC Energy Corporation (TSE:TRP) It Looks Like You'll Get What You Pay For

May 22
With TC Energy Corporation (TSE:TRP) It Looks Like You'll Get What You Pay For

TC Energy (TSE:TRP) Seems To Be Using A Lot Of Debt

May 01
TC Energy (TSE:TRP) Seems To Be Using A Lot Of Debt

Slowing Rates Of Return At TC Energy (TSE:TRP) Leave Little Room For Excitement

Mar 31
Slowing Rates Of Return At TC Energy (TSE:TRP) Leave Little Room For Excitement

TC Energy (TSE:TRP) Will Pay A Larger Dividend Than Last Year At CA$0.96

Mar 15
TC Energy (TSE:TRP) Will Pay A Larger Dividend Than Last Year At CA$0.96

TC Energy (TSE:TRP) Use Of Debt Could Be Considered Risky

Jan 27
TC Energy (TSE:TRP) Use Of Debt Could Be Considered Risky

Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)

Jan 09
Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)

TC Energy Corporation's (TSE:TRP) Shareholders Might Be Looking For Exit

Dec 22
TC Energy Corporation's (TSE:TRP) Shareholders Might Be Looking For Exit

Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes

Oct 19
Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes

TC Energy (TSE:TRP) Has No Shortage Of Debt

Sep 22
TC Energy (TSE:TRP) Has No Shortage Of Debt

Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)

Aug 09
Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)

Returns On Capital At TC Energy (TSE:TRP) Have Stalled

Jul 09
Returns On Capital At TC Energy (TSE:TRP) Have Stalled

Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet?

Jun 21
Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet?

TC Energy's (TSE:TRP) Shareholders Will Receive A Bigger Dividend Than Last Year

May 16
TC Energy's (TSE:TRP) Shareholders Will Receive A Bigger Dividend Than Last Year

TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93

May 02
TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93

Returns On Capital At TC Energy (TSE:TRP) Have Stalled

Mar 25
Returns On Capital At TC Energy (TSE:TRP) Have Stalled

These 4 Measures Indicate That TC Energy (TSE:TRP) Is Using Debt In A Risky Way

Mar 07
These 4 Measures Indicate That TC Energy (TSE:TRP) Is Using Debt In A Risky Way

TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93

Feb 17
TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93

Shareholder Returns

TRPCA Oil and GasCA Market
7D5.3%1.8%1.7%
1Y38.7%13.4%23.7%

Return vs Industry: TRP exceeded the Canadian Oil and Gas industry which returned 13.4% over the past year.

Return vs Market: TRP exceeded the Canadian Market which returned 23.7% over the past year.

Price Volatility

Is TRP's price volatile compared to industry and market?
TRP volatility
TRP Average Weekly Movement3.7%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market2.9%

Stable Share Price: TRP has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TRP's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19517,000Francois Poirierwww.tcenergy.com

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.

TC Energy Corporation Fundamentals Summary

How do TC Energy's earnings and revenue compare to its market cap?
TRP fundamental statistics
Market capCA$70.39b
Earnings (TTM)CA$5.09b
Revenue (TTM)CA$16.65b

14.1x

P/E Ratio

4.3x

P/S Ratio

Is TRP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRP income statement (TTM)
RevenueCA$16.65b
Cost of RevenueCA$5.85b
Gross ProfitCA$10.80b
Other ExpensesCA$5.71b
EarningsCA$5.09b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.90
Gross Margin64.88%
Net Profit Margin30.55%
Debt/Equity Ratio178.9%

How did TRP perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

78%

Payout Ratio

Does TRP pay a reliable dividends?

See TRP dividend history and benchmarks
When do you need to buy TRP by to receive an upcoming dividend?
TC Energy dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 31 2025
Days until Ex dividend48 days
Days until Dividend pay date79 days

Does TRP pay a reliable dividends?

See TRP dividend history and benchmarks