ducovest

TRP:NYE-TransCanada Corporation (USD)

EQUITY | Oil & Gas Midstream | New York Stock Exchange

Last Closing

USD 42.77

Change

-0.28 (-0.65)%

Market Cap

USD 39.13B

Volume

2.90M

Analyst Target

USD 54.51
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

TransCanada Corp is an energy infrastructure company. The Company operates in three business segments: Natural Gas Pipelines, Liquid Pipelines and Energy.

Company Website : http://www.transcanada.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-02 )

Largest Industry Peers for Oil & Gas Midstream

Symbol Name Price(Change) Market Cap
EPD Enterprise Products Partners L..

N/A

 USD 62.66B
ET Energy Transfer LP

N/A

 USD 54.82B
OKE ONEOK Inc

N/A

 USD 53.95B
MPLX MPLX LP

N/A

 USD 43.76B
LNG Cheniere Energy Inc

N/A

 USD 40.87B
TRGP Targa Resources Inc

N/A

 USD 32.84B
CQP Cheniere Energy Partners LP

N/A

 USD 23.49B
PBA Pembina Pipeline Corp

N/A

 USD 23.37B
WES Western Midstream Partners LP

N/A

 USD 14.37B
HESM Hess Midstream Partners LP

N/A

 USD 7.93B

ETFs Containing TRP

HUTS:CA Hamilton Enhanced Utiliti.. 10.83 % 0.00 %

N/A

 CAD 0.11B
AMND ETRACS Alerian Midstream .. 10.04 % 0.00 %

N/A

 USD 0.05B
AMNA ETRACS Alerian Midstream .. 9.80 % 0.00 %

N/A

 USD 0.09B
ZEO:CA BMO Equal Weight Oil & Ga.. 9.05 % 0.61 %

N/A

 CAD 0.22B
MLPX Global X MLP & Energy Inf.. 8.94 % 0.45 %

N/A

 USD 1.86B
UTIL:CA Global X Canadian Utility.. 8.72 % 0.00 %

N/A

 CAD 0.01B
USAI Pacer American Energy Ind.. 8.33 % 0.75 %

N/A

 USD 0.06B
PPLN:CA Global X Pipelines & Ener.. 8.29 % 0.00 %

N/A

 N/A
AMTR ETRACS Alerian Midstream .. 7.88 % 0.00 %

N/A

 USD 0.08B
UMAX:CA Hamilton Utilities YIELD .. 7.54 % 0.00 %

N/A

 N/A
EINC VanEck Energy Income ETF 6.22 % 0.00 %

N/A

 USD 0.06B
XDV:CA iShares Canadian Select D.. 5.18 % 0.55 %

N/A

 CAD 1.64B
XEI:CA iShares S&P/TSX Composite.. 5.18 % 0.22 %

N/A

 CAD 1.57B
ZWU:CA BMO Covered Call Utilitie.. 5.11 % 0.71 %

N/A

 CAD 1.90B
MDST Ultimus Managers Trust 4.87 % 0.00 %

N/A

 N/A
GPOW 4.73 % 0.00 %

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 N/A
PID Invesco International Div.. 4.53 % 0.54 %

N/A

 USD 0.88B
PDC:CA Invesco Canadian Dividend.. 4.34 % 0.55 %

N/A

 CAD 0.78B
ZGI:CA BMO Global Infrastructure.. 4.32 % 0.60 %

N/A

 CAD 0.66B
VDY:CA Vanguard FTSE Canadian Hi.. 4.29 % 0.22 %

N/A

 CAD 2.86B
XCV:CA iShares Canadian Value 4.27 % 0.55 %

N/A

 CAD 0.07B
XCAN:SW Xtrackers MSCI Canada ESG.. 4.20 % 0.00 %

N/A

 USD 0.34B
NDIV Amplify ETF Trust - Ampli.. 4.04 % 0.00 %

N/A

 USD 0.01B
TOLZ ProShares DJ Brookfield G.. 3.83 % 0.45 %

N/A

 USD 0.14B
PDF:CA Purpose Core Dividend 3.79 % 0.68 %

N/A

 CAD 0.17B
ICAE:CA Invesco S&P/TSX Canadian .. 3.53 % 0.00 %

N/A

 CAD 7.57M
ZDV:CA BMO Canadian Dividend 3.52 % 0.38 %

N/A

 CAD 1.07B
HLIF:CA Harvest Canadian Equity I.. 3.51 % 0.00 %

N/A

 CAD 0.11B
ESGC:CA Invesco S&P/TSX Composite.. 2.91 % 0.00 %

N/A

 CAD 0.07B
PDIV:CA Purpose Enhanced Dividend.. 2.87 % 0.86 %

N/A

 CAD 0.06B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 2.76 % 0.00 %

N/A

 CAD 3.11M
PINC:CA Purpose Multi-Asset Incom.. 2.69 % 0.99 %

N/A

 CAD 0.06B
CDEF:CA Manulife Smart Defensive .. 2.49 % 0.00 %

N/A

 CAD 1.35M
TPRF:CA TD Active Preferred Share.. 2.20 % 0.51 %

N/A

 CAD 0.31B
PR:CA Lysander-Slater Preferred.. 2.01 % 1.03 %

N/A

 CAD 0.08B
NPRF:CA NBI Active Canadian Prefe.. 1.82 % 0.00 %

N/A

 CAD 0.15B
DCP:CA Desjardins Canadian Prefe.. 1.63 % 0.53 %

N/A

 CAD 0.03B
IFRA 0.81 % 0.00 %

N/A

 N/A
ATMP 0.00 % 0.00 %

N/A

 N/A
CDZ:CA iShares S&P/TSX Canadian .. 0.00 % 0.66 %

N/A

 CAD 0.91B
CPD:CA iShares S&P/TSX Canadian .. 0.00 % 0.50 %

N/A

 CAD 1.01B
DWX SPDR® S&P International .. 0.00 % 0.45 %

N/A

 N/A
ENFR Alerian Energy Infrastruc.. 0.00 % 0.65 %

N/A

 USD 0.18B
ENY 0.00 % 0.66 %

N/A

 N/A
FAI:CA 0.00 % 1.14 %

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 N/A
HOG:CA 0.00 % 0.64 %

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 N/A
PPS:CA 0.00 % 1.77 %

N/A

 N/A
FCCD:CA Fidelity Canadian High Di.. 0.00 % 0.00 %

N/A

 CAD 0.19B
RPF:CA RBC Canadian Preferred Sh.. 0.00 % 0.59 %

N/A

 N/A
TPYP Tortoise North American P.. 0.00 % 0.40 %

N/A

 N/A
XTR:CA iShares Diversified Month.. 0.00 % 0.62 %

N/A

 CAD 0.37B
XS3R:LSE Xtrackers MSCI Europe Con.. 0.00 % 0.00 %

N/A

 USD 0.06B
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

N/A

 N/A
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

N/A

 N/A
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

N/A

 USD 0.36B
TINF:CA TD Active Global Infrastr.. 0.00 % 0.00 %

N/A

 CAD 0.13B
HPF-U:CA Harvest Energy Leaders Pl.. 0.00 % 0.00 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Midstream) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.41% 57% F 74% C
Dividend Return 3.62% 29% F 77% C+
Total Return 13.03% 49% F 78% C+
Trailing 12 Months  
Capital Gain 18.81% 65% D 81% B-
Dividend Return 7.76% 55% F 86% B+
Total Return 26.56% 58% F 87% B+
Trailing 5 Years  
Capital Gain -11.98% 12% F 33% F
Dividend Return 27.51% 39% F 82% B
Total Return 15.54% 26% F 46% F
Average Annual (5 Year Horizon)  
Capital Gain -4.64% 4% F 19% F
Dividend Return 0.95% 6% D- 33% F
Total Return 5.59% 31% F 84% B
Risk Return Profile  
Volatility (Standard Deviation) 17.61% 84% B 58% F
Risk Adjusted Return 5.38% 6% D- 31% F
Market Capitalization 39.13B 90% A- 95% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Midstream) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 21.84 15% 37%
Price/Book Ratio 1.90 55% 44%
Price / Cash Flow Ratio 5.91 39% 55%
Price/Free Cash Flow Ratio 8.89 45% 46%
Management Effectiveness  
Return on Equity 8.37% 18% 54%
Return on Invested Capital 5.41% 13% 50%
Return on Assets 3.46% 10% 63%
Debt to Equity Ratio 203.92% 32% 17%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.