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TC Energy Corporation Stock AnalysisComprehensive stock analysis for TC Energy Corporation (TRP.TO) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisTRP.TO
TRP.TO
TC Energy Corporation
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
TRP.TO
Home🔹Stocks🔹TC Energy Corporation

TC Energy Corporation

🇨🇦TRP.TO•TSX

TC Energy Corporation

🇨🇦TRP.TO•TSX
Market cap
$87.83B
Sentiment

Your view on TRP.TO

Mkt Cap
$87.83B
Sentiment
Your view
TRP.TO
TC Energy Corporation
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
TRP.TO
Company Overview

Overview

What the company does, where it operates, and who runs it.

About TC Energy Corporation

Industry
Oil & Gas Midstream
Sector
Energy
CEO
Francois Lionel Poirier
Headquarters
CA
Industry
Oil & Gas Midstream
Sector
Energy
CEO
Francois Lionel Poirier
Headquarters
CA
Description

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 natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast.

Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta.

The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for TC Energy Corporation, and the rating behind it. TRP.TO last traded at C$84.31, 25.2× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for TC Energy Corporation. Starting points for TC Energy Corporation: P/E 25.2, EPS C$3.45, beta 0.95 — an Oil & Gas Midstream name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for TC Energy Corporation. TC Energy Corporation paid C$3.46 per share over the last year — a 4.1% yield at the current C$84.31 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for TC Energy Corporation. Trailing twelve-month EPS for TC Energy Corporation stands at C$3.45. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for TC Energy Corporation. TC Energy Corporation has reported as a listed company since 1995. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

TC Energy Corporation valued side by side against its closest peers. TC Energy Corporation is measured against Oil & Gas Midstream peers within the Energy sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold TC Energy Corporation, and how their positions are changing. At a C$87.83B market value, institutional positions materially move TC Energy Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by TC Energy Corporation executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming TC Energy Corporation. TC Energy Corporation is a C$87.83B Energy company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming TC Energy Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for TC Energy Corporation. Coverage tracks TC Energy Corporation within Oil & Gas Midstream (Energy). Press releases and market coverage, newest first.

Peer companies

  • CNQ.TO — Canadian Natural Resources Limited
  • CVE.TO — Cenovus Energy Inc.
  • ENB.TO — Enbridge Inc.
  • IMO.TO — Imperial Oil Limited
  • KEY.TO — Keyera Corp.
  • PPL.TO — Pembina Pipeline Corporation
  • SU.TO — Suncor Energy Inc.

More Oil & Gas Midstream companies

  • MMLP — Martin Midstream Partners L.P.
  • MPIR — Empire Diversified Energy, Inc.
  • MPLX — MPLX Lp
  • NFE — New Fortress Energy Inc.
  • NGL — NGL Energy Partners LP
  • OKE — ONEOK, Inc.
  • PAA — Plains All American Pipeline, L.P.
  • PAGP — Plains GP Holdings, L.P.
  • PBA — Pembina Pipeline Corporation
  • PBNAF — Pembina Pipeline Corporation
  • PBT — Permian Basin Royalty Trust
  • PGIE — PGI Energy, Inc.

ETFs holding TC Energy Corporation

  • ZEO.TO — BMO Equal Weight Oil & Gas Index ETF (7.87%)
  • ENCC.TO — Global X Canadian Oil and Gas Equity Covered Call ETF (7.55%)
  • ENCL.TO — Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF (7.52%)
  • NRGY.TO — Global X Equal Weight Canadian Oil & Gas Index ETF (7.37%)
  • USAI — Pacer American Energy Independence ETF (6.21%)
  • CSIO — Cohen & Steers Infrastructure Opportunities Active ETF (5.61%)
  • ZGI.TO — BMO Global Infrastructure Index ETF (5.18%)
  • ZWU.TO — BMO Covered Call Utilities ETF (4.91%)

News

Latest Market News