ducovest

TRP:NYE-TC Energy Corp (USD)

COMMON STOCK | Oil & Gas Midstream |

Last Closing

USD 46.09

Change

-0.20 (-0.43)%

Market Cap

USD 50.55B

Volume

0.74M

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.

Company Website : https://www.tcenergy.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-26 )

Largest Industry Peers for Oil & Gas Midstream

Symbol Name Price(Change) Market Cap
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MPLX MPLX LP

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LNG Cheniere Energy 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

-0.77 (-1.94%)

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DTM DT Midstream Inc

-1.93 (-1.88%)

 USD 10.43B

ETFs Containing TRP

HUTS:CA Hamilton Enhanced Utiliti.. 11.33 % 0.00 %

N/A

 CAD 0.13B
AMNA ETRACS Alerian Midstream .. 9.80 % 0.00 %

N/A

 USD 8.04M
UTIL:CA Global X Canadian Utility.. 9.13 % 0.00 %

N/A

 CAD 0.02B
ZEO:CA BMO Equal Weight Oil & Ga.. 8.77 % 0.61 %

N/A

 CAD 0.21B
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 7.67M
UMAX:CA Hamilton Utilities YIELD .. 7.54 % 0.00 %

N/A

 N/A
USAI Pacer American Energy Ind.. 7.18 % 0.75 %

-0.38 (-0.52%)

 USD 0.08B
MLPX Global X MLP & Energy Inf.. 6.79 % 0.45 %

-0.50 (-0.52%)

 USD 2.28B
XDV:CA iShares Canadian Select D.. 5.30 % 0.55 %

N/A

 CAD 1.77B
XEI:CA iShares S&P/TSX Composite.. 5.17 % 0.22 %

N/A

 CAD 1.68B
ZWU:CA BMO Covered Call Utilitie.. 5.14 % 0.71 %

N/A

 CAD 1.81B
MDST Ultimus Managers Trust 4.78 % 0.00 %

-0.14 (-0.52%)

 USD 0.07B
GPOW GPOW 4.73 % 0.00 %

-0.41 (-0.52%)

 N/A
VDY:CA Vanguard FTSE Canadian Hi.. 4.52 % 0.22 %

N/A

 CAD 3.25B
ZGI:CA BMO Global Infrastructure.. 4.46 % 0.60 %

N/A

 CAD 0.59B
XCV:CA iShares Canadian Value 4.35 % 0.55 %

N/A

 CAD 0.08B
TOLZ ProShares DJ Brookfield G.. 3.89 % 0.45 %

-0.18 (-0.52%)

 USD 0.13B
XCAN:SW Xtrackers MSCI Canada ESG.. 3.88 % 0.00 %

N/A

 USD 0.61B
ICAE:CA Invesco S&P/TSX Canadian .. 3.70 % 0.00 %

N/A

 CAD 8.15M
ZDV:CA BMO Canadian Dividend 3.69 % 0.38 %

N/A

 CAD 1.10B
PDF:CA Purpose Core Dividend Fun.. 3.64 % 0.68 %

N/A

 CAD 0.21B
FCCD:CA Fidelity Canadian High Di.. 3.26 % 0.00 %

N/A

 CAD 0.22B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 2.88 % 0.00 %

N/A

 CAD 3.46M
PINC:CA Purpose Multi-Asset Incom.. 2.84 % 0.99 %

N/A

 CAD 0.06B
PDIV:CA Purpose Enhanced Dividend.. 2.76 % 0.86 %

N/A

 CAD 0.06B
CDEF:CA Manulife Smart Defensive .. 2.52 % 0.00 %

N/A

 CAD 1.44M
DRMC:CA Desjardins RI Canada - Ne.. 2.48 % 0.29 %

N/A

 CAD 0.04B
TLV:CA Invesco S&P/TSX Composite.. 2.22 % 0.34 %

N/A

 CAD 0.07B
ATMP Barclays ETN+ Select MLP .. 0.00 % 0.00 %

-0.37 (-0.52%)

 USD 0.47B
CDZ:CA iShares S&P/TSX Canadian .. 0.00 % 0.66 %

N/A

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

+0.12 (+-0.52%)

 N/A
ENY 0.00 % 0.66 %

N/A

 N/A
FAI:CA 0.00 % 1.14 %

N/A

 N/A
HOG:CA 0.00 % 0.64 %

N/A

 N/A
PPS:CA 0.00 % 1.77 %

N/A

 N/A
PR:CA Lysander-Slater Preferred.. 0.00 % 1.03 %

N/A

 CAD 0.08B
CID VictoryShares Internation.. 0.00 % 0.45 %

-100.00 (-0.52%)

 USD 0.01B
HUTL:CA Harvest Equal Weight Glob.. 0.00 % 0.00 %

N/A

 CAD 0.25B
NPRF:CA NBI Active Canadian Prefe.. 0.00 % 0.00 %

N/A

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

N/A

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

-0.17 (-0.52%)

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

N/A

 CAD 0.37B
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

N/A

 CAD 1.66B
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
DXN:CA Dynamic Active Global Inf.. 0.00 % 0.00 %

N/A

 CAD 0.03B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

N/A

 CAD 0.06B
FCCV:CA Fidelity Canadian Value E.. 0.00 % 0.00 %

N/A

 CAD 0.24B
TINF:CA TD Active Global Infrastr.. 0.00 % 0.00 %

N/A

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

N/A

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

-0.31 (-0.52%)

 USD 0.07B

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 17.91% 66% D+ 74% C
Dividend Return 5.43% 23% F 70% C-
Total Return 23.33% 60% D- 77% C+
Trailing 12 Months  
Capital Gain 17.70% 68% D+ 75% C
Dividend Return 5.42% 23% F 70% C-
Total Return 23.11% 57% F 78% C+
Trailing 5 Years  
Capital Gain -14.30% 13% F 33% F
Dividend Return 28.18% 29% F 79% B-
Total Return 13.88% 13% F 42% F
Average Annual (5 Year Horizon)  
Capital Gain -0.75% 6% D- 28% F
Dividend Return 4.82% 11% F 43% F
Total Return 5.58% 36% F 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 19.80% 87% B+ 55% F
Risk Adjusted Return 24.37% 6% D- 39% F
Market Capitalization 50.55B 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.