Energy -
Oil & Gas Midstream - NYSE - CA
$ 47.4
2.66 %
$ 49.2 B
Market Cap
13.82
P/E
1. INTRINSIC VALUE
Balance Sheet
TC Energy Corporation
| Current Assets | 11.4 B |
| Cash & Short-Term Investments | 4.94 B |
| Receivables | 4.67 B |
| Other Current Assets | 1.76 B |
| Non-Current Assets | 114 B |
| Long-Term Investments | 10.3 B |
| PP&E | 80.6 B |
| Other Non-Current Assets | 22.8 B |
| Current Liabilities | 11.8 B |
| Accounts Payable | 4.83 B |
| Short-Term Debt | 3 B |
| Other Current Liabilities | 3.99 B |
| Non-Current Liabilities | 74.2 B |
| Long-Term Debt | 60.7 B |
| Other Non-Current Liabilities | 13.5 B |
EFFICIENCY
Earnings Waterfall
TC Energy Corporation
| Revenue | 15.9 B |
| Cost Of Revenue | 5.29 B |
| Gross Profit | 10.6 B |
| Operating Expenses | 114 M |
| Operating Income | 10.5 B |
| Other Expenses | 7.61 B |
| Net Income | 2.92 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
TC Energy Corporation
| Net Income | 2.92 B |
| Depreciation & Amortization | 2.78 B |
| Capital Expenditures | -8.15 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 207 M |
| Others | 2.21 B |
| Free Cash Flow | -881 M |
Wall Street Analysts Price Targets
TC Energy Corporation
Wall Street analysts predict an average 1-year price target for TRP of $56.5 , with forecasts ranging from
a
low of
$45 to a high of $72 .
TRP Lowest Price Target
Wall Street Target
45 USD
-5.06%
TRP Average Price Target
Wall Street Target
56.5 USD
19.20%
TRP Highest Price Target
Wall Street Target
72 USD
51.90%
4. DIVIDEND
ANALYSIS
1.53%
DIVIDEND YIELD
0.61 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
TC Energy Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
2 Very Overrated And 1 Very Underrated Big Dividend Growth Stocks
High dividend yield stocks with consistent growth are attractive ways to grow wealth and passive income over time. However, not all high-yield dividend growth stocks are good buys at all times. I share 2 that seem very overrated and 1 that seems very underrated by Mr. Market right now.
seekingalpha.com
- 1 week ago
An Emerging Big Dividend AI Opportunity: TC Energy
TRP is well-positioned to benefit from the AI boom as a leading natural gas infrastructure and nuclear power company. It has an impressive dividend growth track record and boasts an attractive current yield. I take a fresh look at the company and share my view on whether it is worth buying today.
seekingalpha.com
- 2 weeks ago
6-7%-Yielding Stocking Stuffer Dividend Growers Getting Way Too Cheap
Mr. Market is offering a wonderful Christmas sale for stocking stuffer dividend stocks. In particular, stocks offering high yields and compelling dividend growth rates are trading at highly attractive valuations. I discuss three great opportunities right now.
seekingalpha.com
- 3 weeks ago
TC Energy provides results of Series 1 and Series 2 conversion elections
CALGARY, Alberta, Dec. 23, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy or the Company) today announced that 42,200 of its 14,577,184 fixed rate Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) have been elected for conversion on Dec. 31, 2024, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares); and 3,889,020 of its 7,422,816 Series 2 Shares have been elected for conversion, on a one-for-one basis, into Series 1 Shares.
globenewswire.com
- 3 weeks ago
Why TC Energy Is A Must-Have For Income And Growth Investors
TC Energy remains a high-quality pick for income, value, and growth, driven by its strong focus on natural gas infrastructure post South Bow spin-off. TRP's robust financial results, disciplined capital allocation, and reduced capital expenditure estimates highlight its operational efficiency and financial flexibility. With a 5.1% dividend yield and commitment to 3-5% annual dividend growth, TRP is attractive for income-focused investors.
seekingalpha.com
- 4 weeks ago
I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025
AI stocks have dominated the markets over the past few years. However, there are a few other sectors that have also shined over the past few years. I share two high-flying big dividend sectors that, I think, will continue to outperform in 2025.
seekingalpha.com
- 1 month ago
TC Energy Exits North Dakota's $2 Billion Carbon Capture Project
TRP's exit from Project Tundra, a $2 billion project aimed at capturing CO2 emissions from a North Dakota coal plant, raises concerns about the future.
zacks.com
- 1 month ago
TC Energy provides conversion right and dividend rate notice for Series 1 and 2 preferred shares
CALGARY, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) today announced that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) and Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares) on Dec. 31, 2024. As a result, subject to certain conditions:
globenewswire.com
- 1 month ago
TC Energy to Receive C$199M for Coastal GasLink Pipeline Project
TRP announces that it will receive a C$199 million commercial milestone payment for the company's Coastal GasLink pipeline project.
zacks.com
- 1 month ago
TC Energy price target raised to C$73 from C$70 at BMO Capital
BMO Capital raised the firm's price target on TC Energy to C$73 from C$70 and keeps a Market Perform rating on the shares. Rising North American gas demand combined with TC's "nimble" management and premium energy infrastructure assets have generated an attractive multi-year growth profile of 5%-7% that could extend until at least the end of the decade, the analyst tells investors in a research note. The firm believes there is upside to near- and long-term growth expectations on delivery to the target $6B-$7B net capex investment program.
https://thefly.com
- 1 month ago
TC Energy & Hanwha Join Forces to Create Carbon-Free Power
TRP & Hanwha Power Systems partners on an innovative sCO2 project to capture waste heat from natural gas and convert it into renewable energy.
zacks.com
- 1 month ago
Pipelines Of Prosperity: TC Energy's 4.8% Yield Is Just The Beginning
TC Energy Corporation offers a compelling 4.8% dividend yield, benefiting from rising global natural gas demand and North America's growing LNG exports. The company's extensive North American pipeline network and regulated contracts ensure stable revenue, minimizing natural gas price risks. Disciplined capital allocation and an improving balance sheet enhance sustainability, with no need for new equity issuance.
seekingalpha.com
- 1 month ago
8. Profile
Summary
TC Energy Corporation TRP
COUNTRY
CA
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 49.2 B
Dividend Yield
1.53%
Description
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 Storage. The company builds and operates 93,300 km network 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 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
Contact
450 - 1 Street SW, Calgary, AB, T2P 5H1
https://www.tcenergy.com
IPO
Date
Sept. 20, 1982
Employees
7000
Officers
Ms. Annesley C. Wallace
Executive Vice President of Strategy, Corporate Development and President of Power & Energy Solutions
Mr. Stanley Graham Chapman III
Executive Vice President & Chief Operating Officer of Natural Gas Pipelines
Mr. Gavin Wylie
Vice-President of Investor Relations
Ms. Tina Veronica Faraca
Executive Vice President & President of U.S. Natural Gas Pipelines
Ms. Dawn E. de Lima
Executive Vice-President of Corporate Services
Mr. Francois Lionel Poirier
Chief Executive Officer, President & Director
Mr. Sean O'Donnell
Executive Vice President & Chief Financial Officer
Mr. Patrick M. Keys
Executive Vice President, General Counsel and Chief Compliance & Sustainability Officer
Mr. Patrick C. Muttart
Senior Vice President of External Relations
Mr. Greg Grant
President of Canadian Natural Gas Pipelines