TRP:NYE-TransCanada Corporation (USD)

EQUITY | Oil & Gas Midstream | New York Stock Exchange

Last Closing

USD 57.22

Change

+0.61 (+1.08)%

Market Cap

USD 39.13B

Volume

1.19M

Analyst Target

USD 54.51
Analyst Rating

N/A

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: 2020-02-19 )

Largest Industry Peers for Oil & Gas Midstream

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CQP Cheniere Energy Partners LP

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USD 23.49B

ETFs Containing TRP

HUTS:CA Hamilton Enhanced Utiliti.. 11.04 % 0.00 %

-0.04 (-0.54%)

CAD 0.08B
AMND ETRACS Alerian Midstream .. 10.04 % 0.00 %

+0.17 (+-0.54%)

USD 0.04B
AMNA ETRACS Alerian Midstream .. 9.80 % 0.00 %

+0.20 (+-0.54%)

USD 0.08B
UTIL:CA Horizons Canadian Utility.. 8.75 % 0.00 %

+0.08 (+-0.54%)

CAD 8.57M
HOG:CA Horizons Pipelines & Ener.. 7.99 % 0.64 %

-0.08 (-0.54%)

CAD 0.03B
AMTR ETRACS Alerian Midstream .. 7.88 % 0.00 %

+0.28 (+-0.54%)

USD 0.07B
UMAX:CA Hamilton Utilities Yield .. 7.59 % 0.00 %

-0.01 (-0.54%)

CAD 0.24B
GPOW 6.08 % 0.00 %

N/A

N/A
ZWEN:CA BMO Covered Call Energy E.. 5.35 % 0.00 %

+0.17 (+-0.54%)

CAD 0.04B
EINC VanEck Energy Income ETF 5.23 % 0.00 %

+0.34 (+-0.54%)

USD 0.04B
XCAN:SW Xtrackers MSCI Canada ESG.. 4.13 % 0.00 %

-0.23 (-0.54%)

USD 0.36B
ATMP 3.97 % 0.00 %

N/A

N/A
LNGZ LNGZ 3.56 % 0.00 %

-0.14 (-0.54%)

USD 0.25M
TINF:CA TD Active Global Infrastr.. 3.19 % 0.00 %

+0.01 (+-0.54%)

CAD 0.11B
ESGC:CA Invesco S&P/TSX Composite.. 2.88 % 0.00 %

+0.03 (+-0.54%)

CAD 0.07B
FCCV:CA Fidelity Canadian Value I.. 2.76 % 0.00 %

+0.01 (+-0.54%)

CAD 0.14B
CDZ:CA iShares S&P/TSX Canadian .. 2.35 % 0.66 %

+0.01 (+-0.54%)

CAD 0.86B
CPD:CA iShares S&P/TSX Canadian .. 1.19 % 0.50 %

-0.01 (-0.54%)

CAD 1.03B
DWX SPDR® S&P International .. 0.00 % 0.45 %

+0.01 (+-0.54%)

USD 0.45B
ENY 0.00 % 0.66 %

N/A

N/A
FAI:CA 0.00 % 1.14 %

N/A

N/A
MLPX Global X MLP & Energy Inf.. 0.00 % 0.45 %

+0.24 (+-0.54%)

USD 1.08B
PDF:CA Purpose Core Dividend 0.00 % 0.68 %

-0.11 (-0.54%)

CAD 0.16B
PID Invesco International Div.. 0.00 % 0.54 %

+0.01 (+-0.54%)

USD 0.93B
PPS:CA 0.00 % 1.77 %

N/A

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

-0.05 (-0.54%)

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

-0.01 (-0.54%)

USD 0.05B
PINC:CA Purpose Multi-Asset Incom.. 0.00 % 0.99 %

-0.26 (-0.54%)

CAD 0.10B
FCCD:CA Fidelity Canadian High Di.. 0.00 % 0.00 %

-0.15 (-0.54%)

CAD 0.16B
RPF:CA RBC Canadian Preferred Sh.. 0.00 % 0.59 %

+0.03 (+-0.54%)

CAD 0.54B
TOLZ ProShares DJ Brookfield G.. 0.00 % 0.45 %

-0.01 (-0.54%)

USD 0.13B
TPYP Tortoise North American P.. 0.00 % 0.40 %

+0.13 (+-0.54%)

USD 0.48B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.22 %

-0.02 (-0.54%)

CAD 2.48B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

+0.12 (+-0.54%)

CAD 0.09B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

-0.10 (-0.54%)

CAD 1.51B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.22 %

-0.05 (-0.54%)

CAD 1.57B
XTR:CA iShares Diversified Month.. 0.00 % 0.62 %

-0.07 (-0.54%)

CAD 0.38B
ZEO:CA BMO Equal Weight Oil & Ga.. 0.00 % 0.61 %

+0.86 (+-0.54%)

CAD 0.21B
ZGI:CA BMO Global Infrastructure.. 0.00 % 0.60 %

N/A

CAD 0.60B
ZWU:CA BMO Covered Call Utilitie.. 0.00 % 0.71 %

-0.03 (-0.54%)

CAD 1.75B
DCP:CA Desjardins Canadian Prefe.. 0.00 % 0.53 %

+0.18 (+-0.54%)

CAD 0.03B
XS3R:LSE Xtrackers MSCI Europe Con.. 0.00 % 0.00 %

-129.00 (-0.54%)

USD 0.07B
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

-0.34 (-0.54%)

USD 0.36B
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

-0.25 (-0.54%)

USD 0.36B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

-0.34 (-0.54%)

USD 0.36B

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 7.33% 96% N/A 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 7.33% 94% A 83% B
Trailing 12 Months  
Capital Gain 32.82% 93% A 89% A-
Dividend Return 6.96% 43% F 90% A-
Total Return 39.79% 93% A 91% A-
Trailing 5 Years  
Capital Gain 27.16% 96% N/A 66% D+
Dividend Return 28.00% 72% C 85% B
Total Return 55.16% 93% A 74% C
Average Annual (5 Year Horizon)  
Capital Gain 8.96% 95% A 71% C-
Dividend Return 14.89% 91% A- 80% B-
Total Return 5.93% 57% F 86% B+
Risk Return Profile  
Volatility (Standard Deviation) 19.89% 59% D- 37% F
Risk Adjusted Return 74.86% 95% A 69% C-
Market Capitalization 39.13B 97% N/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 20.58 32% 38%
Price/Book Ratio 2.91 19% 31%
Price / Cash Flow Ratio 11.11 15% 41%
Price/Free Cash Flow Ratio -96.47 99% 95%
Management Effectiveness  
Return on Equity 12.64% 65% 70%
Return on Invested Capital 7.47% 52% 58%
Return on Assets 4.04% 53% 66%
Debt to Equity Ratio 173.63% 35% 19%

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.

What to not like:
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.

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.

Negative free cash flow

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

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.