TRP:NYE-TC Energy Corp (USD)

COMMON STOCK | Oil & Gas Midstream |

Last Closing

USD 48.99

Change

0.00 (0.00)%

Market Cap

USD 50.97B

Volume

1.38M

Analyst Target

USD 54.51
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)

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Relative Returns (From:    To: 2024-11-17 )

Largest Industry Peers for Oil & Gas Midstream

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OKE ONEOK Inc

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MPLX MPLX LP

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LNG Cheniere Energy Inc

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TRGP Targa Resources Inc

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CQP Cheniere Energy Partners LP

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PBA Pembina Pipeline Corp

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WES Western Midstream Partners LP

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DTM DT Midstream Inc

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USD 9.79B

ETFs Containing TRP

HUTS:CA Hamilton Enhanced Utiliti.. 11.41 % 0.00 %

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CAD 0.12B
AMNA ETRACS Alerian Midstream .. 9.80 % 0.00 %

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USD 7.40M
UTIL:CA Global X Canadian Utility.. 9.10 % 0.00 %

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CAD 0.01B
ZEO:CA BMO Equal Weight Oil & Ga.. 9.04 % 0.61 %

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CAD 0.22B
PPLN:CA Global X Pipelines & Ener.. 8.29 % 0.00 %

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AMTR ETRACS Alerian Midstream .. 7.88 % 0.00 %

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USD 7.05M
MLPX Global X MLP & Energy Inf.. 7.85 % 0.45 %

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USD 2.15B
UMAX:CA Hamilton Utilities YIELD .. 7.54 % 0.00 %

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XDV:CA iShares Canadian Select D.. 5.20 % 0.55 %

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CAD 1.75B
ZWU:CA BMO Covered Call Utilitie.. 5.04 % 0.71 %

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CAD 1.90B
XEI:CA iShares S&P/TSX Composite.. 5.01 % 0.22 %

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CAD 1.74B
GPOW 4.73 % 0.00 %

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ZGI:CA BMO Global Infrastructure.. 4.55 % 0.60 %

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CAD 0.62B
VDY:CA Vanguard FTSE Canadian Hi.. 4.48 % 0.22 %

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CAD 3.21B
XCV:CA iShares Canadian Value 4.31 % 0.55 %

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CAD 0.08B
XCAN:SW Xtrackers MSCI Canada ESG.. 4.17 % 0.00 %

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USD 0.63B
TOLZ ProShares DJ Brookfield G.. 4.09 % 0.45 %

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USD 0.13B
PDC:CA Invesco Canadian Dividend.. 4.00 % 0.55 %

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CAD 0.82B
ICAE:CA Invesco S&P/TSX Canadian .. 3.74 % 0.00 %

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CAD 8.00M
ZDV:CA BMO Canadian Dividend 3.68 % 0.38 %

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CAD 1.12B
PDF:CA Purpose Core Dividend Fun.. 3.58 % 0.68 %

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CAD 0.17B
HLIF:CA Harvest Canadian Equity I.. 3.31 % 0.00 %

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CAD 0.12B
FCCD:CA Fidelity Canadian High Di.. 3.16 % 0.00 %

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CAD 0.20B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 2.88 % 0.00 %

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CAD 4.33M
CDEF:CA Manulife Smart Defensive .. 2.60 % 0.00 %

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CAD 1.40M
NDIV Amplify ETF Trust - Ampli.. 2.59 % 0.00 %

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USD 0.01B
DRMC:CA Desjardins RI Canada - Ne.. 2.55 % 0.29 %

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CAD 0.04B
TLV:CA Invesco S&P/TSX Composite.. 2.17 % 0.34 %

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CAD 0.08B
CID VictoryShares Internation.. 1.44 % 0.45 %

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USD 0.01B
ATMP 0.00 % 0.00 %

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

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CAD 0.98B
DWX SPDR® S&P International .. 0.00 % 0.45 %

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ENFR Alerian Energy Infrastruc.. 0.00 % 0.65 %

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USD 0.21B
ENY 0.00 % 0.66 %

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FAI:CA 0.00 % 1.14 %

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HOG:CA 0.00 % 0.64 %

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PID Invesco International Div.. 0.00 % 0.54 %

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USD 0.84B
PPS:CA 0.00 % 1.77 %

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PR:CA Lysander-Slater Preferred.. 0.00 % 1.03 %

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CAD 0.08B
USAI Pacer American Energy Ind.. 0.00 % 0.75 %

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USD 0.07B
PINC:CA Purpose Multi-Asset Incom.. 0.00 % 0.99 %

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CAD 0.06B
HUTL:CA Harvest Equal Weight Glob.. 0.00 % 0.00 %

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CAD 0.24B
NPRF:CA NBI Active Canadian Prefe.. 0.00 % 0.00 %

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CAD 0.15B
RPF:CA RBC Canadian Preferred Sh.. 0.00 % 0.59 %

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TPYP Tortoise North American P.. 0.00 % 0.40 %

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XTR:CA iShares Diversified Month.. 0.00 % 0.62 %

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CAD 0.38B
DCP:CA Desjardins Canadian Prefe.. 0.00 % 0.53 %

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CAD 0.03B
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

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CAD 1.64B
PDIV:CA Purpose Enhanced Dividend.. 0.00 % 0.86 %

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CAD 0.06B
XS3R:LSE Xtrackers MSCI Europe Con.. 0.00 % 0.00 %

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

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D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

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D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

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USD 0.36B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

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CAD 0.07B
FCCV:CA Fidelity Canadian Value E.. 0.00 % 0.00 %

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CAD 0.21B
TINF:CA TD Active Global Infrastr.. 0.00 % 0.00 %

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CAD 0.14B
HPF-U:CA Harvest Energy Leaders Pl.. 0.00 % 0.00 %

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EINC VanEck Energy Income ETF 0.00 % 0.00 %

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USD 0.06B
FCII:CA Franklin ClearBridge Sust.. 0.00 % 0.00 %

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CAD 0.02B

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 25.33% 74% C 83% B
Dividend Return 5.43% 28% F 75% C
Total Return 30.75% 70% C- 86% B+
Trailing 12 Months  
Capital Gain 33.49% 76% C+ 81% B-
Dividend Return 7.70% 40% F 81% B-
Total Return 41.19% 74% C 85% B
Trailing 5 Years  
Capital Gain -4.39% 18% F 40% F
Dividend Return 29.58% 29% F 80% B-
Total Return 25.19% 13% F 47% F
Average Annual (5 Year Horizon)  
Capital Gain -1.72% 6% D- 25% F
Dividend Return 3.80% 8% B- 40% F
Total Return 5.52% 35% F 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 19.32% 78% C+ 57% F
Risk Adjusted Return 19.65% 6% D- 37% F
Market Capitalization 50.97B 92% A 96% N/A

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 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.

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.