TC Energy (TSX:TRP) Stock Price & Quote Analysis

TRP fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	3/6
Financial Health	1/6
Dividends	4/6

TRP Stock Overview

TC Energy Corporation operates as an energy infrastructure company in North America.

Rewards

Trading at 9.9% below our estimate of its fair value

Earnings are forecast to grow 12.32% per year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 6.21% is not well covered by earnings or cash flows

Shareholders have been diluted in the past year

TC Energy Corporation Competitors

Enbridge

TSX:ENB

CA$107.9b

Pembina Pipeline

TSX:PPL

CA$25.7b

Keyera

TSX:KEY

CA$6.7b

Gibson Energy

TSX:GEI

CA$3.5b

Price History & Performance

Summary of all time highs, changes and price drops for TC Energy
Historical stock prices
Current Share Price	CA$57.99
52 Week High	CA$74.44
52 Week Low	CA$54.60
Beta	0.84
1 Month Change	-3.61%
3 Month Change	-8.33%
1 Year Change	-0.12%
3 Year Change	-14.22%
5 Year Change	-6.18%
Change since IPO	236.17%

Here's Why TC Energy (TSE:TRP) Is Weighed Down By Its Debt Load

Nov 16

Recent updates

Here's Why TC Energy (TSE:TRP) Is Weighed Down By Its Debt Load

Nov 16

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

Oct 12

TC Energy Corporation's (TSE:TRP) Intrinsic Value Is Potentially 43% Above Its Share Price

Jul 11

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

May 30

TC Energy (TSE:TRP) Is Increasing Its Dividend To CA$0.90

Mar 22

Is There An Opportunity With TC Energy Corporation's (TSE:TRP) 28% Undervaluation?

Mar 16

Is TC Energy Corporation (TSE:TRP) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 06

Here's Why TC Energy (TSE:TRP) Is Weighed Down By Its Debt Load

Jul 07

TC Energy (TSE:TRP) Has Some Way To Go To Become A Multi-Bagger

Jun 22

Investors Can Find Comfort In TC Energy's (TSE:TRP) Earnings Quality

May 14

With EPS Growth And More, TC Energy (TSE:TRP) Is Interesting

Apr 20

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

Mar 23

Here’s What’s Happening With Returns At TC Energy (TSE:TRP)

Mar 11

The CEO, President & Director of TC Energy Corporation (TSE:TRP), Francois Poirier, Just Bought 33% More Shares

Feb 26

Is TC Energy Corporation (TSE:TRP) The Right Choice For A Smart Dividend Investor?

Feb 23

Shareholder Returns

	TRP	CA Oil and Gas	CA Market
7D	-1.3%	-5.8%	-2.7%
1Y	-0.1%	27.0%	-2.6%

Return vs Industry: TRP underperformed the Canadian Oil and Gas industry which returned 27% over the past year.

Return vs Market: TRP exceeded the Canadian Market which returned -2.6% over the past year.

Price Volatility

Is TRP's price volatile compared to industry and market?
TRP volatility
TRP Average Weekly Movement	4.1%
Oil and Gas Industry Average Movement	8.8%
Market Average Movement	10.0%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	4.1%

Stable Share Price: TRP is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

Founded	Employees	CEO	Website
1951	7,017	Francois Poirier	https://www.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 Storage.

TC Energy Corporation Fundamentals Summary

How do TC Energy's earnings and revenue compare to its market cap?
TRP fundamental statistics
Market Cap	CA$58.69b
Earnings (TTM)	CA$3.21b
Revenue (TTM)	CA$14.60b

18.3x

P/E Ratio

4.0x

P/S Ratio

Is TRP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRP income statement (TTM)
Revenue	CA$14.60b
Cost of Revenue	CA$5.04b
Gross Profit	CA$9.56b
Other Expenses	CA$6.36b
Earnings	CA$3.21b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	3.17
Gross Margin	65.48%
Net Profit Margin	21.96%
Debt/Equity Ratio	164.2%

How did TRP perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

110%

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 Date	Dec 29 2022
Dividend Pay Date	Jan 31 2023
Days until Ex dividend	20 days
Days until Dividend pay date	53 days

Does TRP pay a reliable dividends?

See TRP dividend history and benchmarks

TRP Stock Overview

Rewards

Risk Analysis

TC Energy Corporation Competitors

TSX:ENB

CA$107.9b

TSX:PPL

CA$25.7b

TSX:KEY

CA$6.7b

TSX:GEI

CA$3.5b

Price History & Performance

Recent News & Updates

Now 21% undervalued after recent price drop

Insider recently sold CA$114k worth of stock

Here's Why TC Energy (TSE:TRP) Is Weighed Down By Its Debt Load

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TC Energy Corporation Declares Dividend for the Quarter Ending December 31, 2022. Payable on January 31, 2023

TC Energy Corporation to Report Q3, 2022 Results on Nov 09, 2022

Recent updates

Now 21% undervalued after recent price drop

Insider recently sold CA$114k worth of stock

Here's Why TC Energy (TSE:TRP) Is Weighed Down By Its Debt Load

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TC Energy Corporation Declares Dividend for the Quarter Ending December 31, 2022. Payable on January 31, 2023

TC Energy Corporation to Report Q3, 2022 Results on Nov 09, 2022

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

Independent Director recently bought CA$678k worth of stock

President of Liquids Pipelines. recently bought CA$65k worth of stock

Now 21% undervalued after recent price drop

President of Liquids Pipelines. recently bought CA$65k worth of stock

Upcoming dividend of CA$0.90 per share

Independent Director recently bought CA$1.3m worth of stock

Now 21% undervalued after recent price drop

Insider recently sold CA$61k worth of stock

Insider recently sold CA$61k worth of stock

TC Energy Corporation has completed a Follow-on Equity Offering in the amount of CAD 1.8034 billion.

Insider recently bought CA$66k worth of stock

Now 22% undervalued after recent price drop

TC Energy Corporation Provides Earnings Guidance for the Year 2022

Second quarter 2022 earnings released: EPS: CA$0.90 (vs CA$1.00 in 2Q 2021)

TC Energy Corporation's (TSE:TRP) Intrinsic Value Is Potentially 43% Above Its Share Price

TC Energy Corporation to Report Q2, 2022 Results on Jul 28, 2022

Upcoming dividend of CA$0.90 per share

Now 22% undervalued after recent price drop

TC Energy Corporation Appoints Cheryl Campbell as New Independent Director to the Board of Directors

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

Insider recently sold CA$54k worth of stock

Now 21% undervalued

Insider recently bought CA$68k worth of stock

TC Energy Corporation Approves Appointment of Dheeraj “D” Verma as Director

High number of new directors

TC Energy Corporation to Report Q1, 2022 Results on Apr 29, 2022

Insider recently bought CA$94k worth of stock

Insider recently bought CA$257k worth of stock

Upcoming dividend of CA$0.90 per share

TC Energy (TSE:TRP) Is Increasing Its Dividend To CA$0.90

Executive VP & CFO recently bought CA$307k worth of stock

Is There An Opportunity With TC Energy Corporation's (TSE:TRP) 28% Undervaluation?

Insider recently sold CA$223k worth of stock

Executive Advisor recently sold CA$1.0m worth of stock

Executive VP & CFO recently sold CA$1.1m worth of stock

Executive VP & CFO exercised options and sold CA$366k worth of stock

TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.90

Full year 2021 earnings: EPS exceeds analyst expectations

TC Energy Corporation Declares Dividend for the quarter ending March 31, 2022, Payable on April 29, 2022

These 4 Measures Indicate That TC Energy (TSE:TRP) Is Using Debt Extensively

TC Energy (TSE:TRP) Is Looking To Continue Growing Its Returns On Capital

Upcoming dividend of CA$0.87 per share

Insider recently bought CA$60k worth of stock

Insider recently bought CA$60k worth of stock

Insider recently bought CA$60k worth of stock

A Look At The Fair Value Of TC Energy Corporation (TSE:TRP)

Consensus forecasts updated

Insider recently bought CA$132k worth of stock

Third quarter 2021 earnings released: EPS CA$0.80 (vs CA$0.96 in 3Q 2020)

These 4 Measures Indicate That TC Energy (TSE:TRP) Is Using Debt Extensively

TC Energy (TSE:TRP) Is Experiencing Growth In Returns On Capital

Upcoming dividend of CA$0.87 per share