TRP:CA:TSX-TC Energy Corp (CAD)

COMMON STOCK | Oil & Gas Midstream |

Last Closing

CAD 63.19

Change

-0.43 (-0.68)%

Market Cap

CAD 65.04B

Volume

0.01B

Analyst Target

CAD 72.43
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 93,600 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. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-24 )

Largest Industry Peers for Oil & Gas Midstream

Symbol Name Price(Change) Market Cap
ENB-PY:CA Enbridge Inc Pref 3

+0.12 (+0.66%)

CAD 121.90B
ENB-PJ:CA Enbridge Inc Pref 7

+0.01 (+0.05%)

CAD 119.70B
ENB:CA Enbridge Inc

-0.32 (-0.58%)

CAD 119.54B
ENB-PP:CA Enbridge Srs P Cum Red Prf

+0.09 (+0.45%)

CAD 118.96B
ENB-PV:CA Enbridge Inc Pref 1

+0.04 (+0.17%)

CAD 82.44B
TRP-PF:CA TC Energy Corp Pref Series 2

N/A

CAD 76.34B
PPL-PO:CA Pembina Pipeline Corp Pref Ser..

N/A

CAD 35.28B
PPL-PA:CA Pembina Pipeline Corp Pref A

+0.10 (+0.45%)

CAD 34.10B
PPL-PE:CA Pembina Pipeline Corp Pref E

-0.01 (-0.04%)

CAD 33.94B
PPL-PC:CA Pembina Pipeline Corp Pref C

+0.14 (+0.65%)

CAD 33.38B

ETFs Containing TRP:CA

CRQ:CA 0.00 % 0.73 %

N/A

N/A
FAI 0.00 % 2.23 %

N/A

N/A
QCAN 0.00 % 0.30 %

N/A

N/A
SHC:CA 0.00 % 0.71 %

N/A

N/A
TTP:CA TD Canadian Equity Index .. 0.00 % 0.07 %

+0.09 (+0.33%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Midstream) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 22.08% 80% B- 81% B-
Dividend Return 3.71% 55% F 79% B-
Total Return 25.79% 77% C+ 84% B
Trailing 12 Months  
Capital Gain 31.02% 77% C+ 79% B-
Dividend Return 7.84% 87% B+ 95% A
Total Return 38.86% 90% A- 85% B
Trailing 5 Years  
Capital Gain -8.95% 14% F 24% F
Dividend Return 23.99% 54% F 85% B
Total Return 15.04% 14% F 40% F
Average Annual (5 Year Horizon)  
Capital Gain -3.68% 3% F 16% F
Dividend Return 1.84% 20% F 38% F
Total Return 5.52% 83% B 94% A
Risk Return Profile  
Volatility (Standard Deviation) 16.03% 53% F 52% F
Risk Adjusted Return 11.50% 17% F 34% F
Market Capitalization 65.04B 73% C 98% N/A

Annual Financials (CAD)

Quarterly Financials (CAD)

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:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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.

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.