TRP:NYE-TransCanada Corporation (USD)

EQUITY | Oil & Gas Midstream | New York Stock Exchange

Last Closing

USD 47.1

Change

-0.06 (-0.13)%

Market Cap

USD 39.13B

Volume

1.06M

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-01-23 )

Largest Industry Peers for Oil & Gas Midstream

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

N/A

USD 72.77B
ET Energy Transfer LP

N/A

USD 66.49B
OKE ONEOK Inc

N/A

USD 59.32B
MPLX MPLX LP

N/A

USD 52.11B
LNG Cheniere Energy Inc

N/A

USD 50.53B
TRGP Targa Resources Inc

N/A

USD 47.04B
CQP Cheniere Energy Partners LP

N/A

USD 27.17B
PBA Pembina Pipeline Corp

N/A

USD 21.10B
WES Western Midstream Partners LP

N/A

USD 15.80B
DTM DT Midstream Inc

N/A

USD 10.07B

ETFs Containing TRP

HUTS:CA Hamilton Enhanced Utiliti.. 11.45 % 0.00 %

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CAD 0.12B
AMNA 9.80 % 0.00 %

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UTIL:CA Global X Canadian Utility.. 9.50 % 0.00 %

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CAD 0.01B
NRGY:CA Global X Equal Weight Can.. 8.98 % 0.00 %

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CAD 0.21B
ZEO:CA BMO Equal Weight Oil & Ga.. 8.93 % 0.61 %

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CAD 0.21B
PPLN:CA Global X Pipelines & Ener.. 8.29 % 0.00 %

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AMTR 7.88 % 0.00 %

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UMAX:CA Hamilton Utilities YIELD .. 7.54 % 0.00 %

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MLPX Global X MLP & Energy Inf.. 6.34 % 0.45 %

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USD 2.63B
ENCC:CA Global X Canadian Oil and.. 5.36 % 0.00 %

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CAD 0.50B
XDV:CA iShares Canadian Select D.. 5.31 % 0.55 %

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CAD 1.77B
ZWU:CA BMO Covered Call Utilitie.. 5.21 % 0.71 %

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CAD 1.82B
XEI:CA iShares S&P/TSX Composite.. 5.12 % 0.22 %

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CAD 1.75B
GPOW GPOW 4.73 % 0.00 %

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VDY:CA Vanguard FTSE Canadian Hi.. 4.52 % 0.22 %

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CAD 3.42B
ZGI:CA BMO Global Infrastructure.. 4.38 % 0.60 %

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CAD 0.61B
XCV:CA iShares Canadian Value 4.38 % 0.55 %

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CAD 0.08B
PDC:CA Invesco Canadian Dividend.. 4.07 % 0.55 %

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CAD 0.81B
TOLZ ProShares DJ Brookfield G.. 3.95 % 0.45 %

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USD 0.14B
XCAN:SW Xtrackers MSCI Canada ESG.. 3.94 % 0.00 %

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USD 0.62B
PID Invesco International Div.. 3.84 % 0.54 %

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USD 0.82B
ICAE:CA Invesco S&P/TSX Canadian .. 3.77 % 0.00 %

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CAD 7.92M
PDF:CA Purpose Core Dividend Fun.. 3.71 % 0.68 %

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CAD 0.17B
WXM:CA First Asset Morningstar C.. 3.46 % 0.67 %

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CAD 0.59B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 2.86 % 0.00 %

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CAD 3.38M
CDEF:CA Manulife Smart Defensive .. 2.50 % 0.00 %

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CAD 1.40M
CID VictoryShares Internation.. 1.44 % 0.45 %

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USD 0.01B
ATMP Barclays ETN+ Select MLP .. 0.00 % 0.00 %

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USD 0.52B
CDZ:CA iShares S&P/TSX Canadian .. 0.00 % 0.66 %

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CAD 0.96B
DWX SPDR® S&P International .. 0.00 % 0.45 %

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ENY 0.00 % 0.66 %

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FAI:CA 0.00 % 1.14 %

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FUD:CA First Trust Value Line® .. 0.00 % 0.78 %

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CAD 5.34M
HOG:CA 0.00 % 0.64 %

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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 0.08B
PINC:CA Purpose Multi-Asset Incom.. 0.00 % 0.99 %

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CAD 0.06B
FCCD:CA Fidelity Canadian High Di.. 0.00 % 0.00 %

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CAD 0.21B
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 %

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

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CAD 1.63B
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 0.06B
FCCV:CA Fidelity Canadian Value E.. 0.00 % 0.00 %

N/A

CAD 0.25B
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 %

N/A

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ECLN First Trust EIP Carbon Im.. 0.00 % 0.00 %

N/A

USD 0.01B
EINC VanEck Energy Income ETF 0.00 % 0.00 %

N/A

USD 0.07B

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 1.23% 22% F 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.23% 22% F 40% F
Trailing 12 Months  
Capital Gain 21.11% 62% D 75% C
Dividend Return 5.45% 26% F 70% C-
Total Return 26.56% 64% D 79% B-
Trailing 5 Years  
Capital Gain -14.38% 13% F 33% F
Dividend Return 26.51% 29% F 77% C+
Total Return 12.13% 13% F 39% F
Average Annual (5 Year Horizon)  
Capital Gain 0.03% 9% A- 31% F
Dividend Return 5.62% 11% F 45% F
Total Return 5.59% 36% F 86% B+
Risk Return Profile  
Volatility (Standard Deviation) 19.74% 87% B+ 55% F
Risk Adjusted Return 28.47% 6% D- 42% F
Market Capitalization 39.13B 86% B+ 96% N/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 13.90 57% 62%
Price/Book Ratio 2.53 40% 35%
Price / Cash Flow Ratio 6.80 40% 52%
Price/Free Cash Flow Ratio 11.56 20% 41%
Management Effectiveness  
Return on Equity 15.62% 42% 77%
Return on Invested Capital 10.36% 46% 69%
Return on Assets 3.33% 11% 61%
Debt to Equity Ratio 203.92% 31% 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 book value

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

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.