TC Energy Corporation (TSX: TRP)

Canada flag Canada · Delayed Price · Currency is CAD
52.95
-0.30 (-0.56%)
May 17, 2024, 4:00 PM EDT
-2.47%
Market Cap 54.94B
Revenue (ttm) 15.78B
Net Income (ttm) 2.81B
Shares Out 1.04B
EPS (ttm) 2.64
PE Ratio 20.21
Forward PE 11.90
Dividend 3.78 (7.14%)
Ex-Dividend Date Jun 28, 2024
Volume 2,195,713
Open 53.32
Previous Close 53.25
Day's Range 52.87 - 53.35
52-Week Range 43.70 - 55.91
Beta 0.74
Analysts n/a
Price Target 54.37 (+2.68%)
Earnings Date Jun 4, 2024

About TC Energy

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. ... [Read more]

Sector Energy
Founded 1951
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol TRP
Full Company Profile

Financial Performance

In 2023, TC Energy's revenue was 15.03 billion, an increase of 0.35% compared to the previous year's 14.98 billion. Earnings were 2.92 billion, an increase of 290.64%.

Financial Statements

News

TC Energy to appeal Delaware court rulings in lawsuit related to 2016 Columbia Pipeline acquisition

CALGARY, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) strongly disagrees with the final decision issued today by the Delaw...

5 days ago - GlobeNewsWire

TC Energy's NGTL Pipeline Faces Pressure Reduction Order Despite Repaired Rupture: Report

The Canada Energy Regulator (CER) reportedly issued an order to TC Energy Corp .’s (NYSE: TRP) NOVA Gas Transmission Ltd. (NGTL) to further reduce the operating pressure for the Grande Prairie Mainli...

5 days ago - Benzinga

Canada's energy regulator orders reduction in pressure on TC Energy's NGTL pipeline

The Canada Energy Regulator (CER) on Tuesday said it had issued an order to TC Energy's NOVA Gas Transmission Ltd (NGTL) to further reduce the operating pressure for the Grande Prairie Mainline gas pi...

6 days ago - Reuters

TC Energy's oil pipeline spin-off faces obstacles in bet on US Gulf

TC Energy's planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it star...

12 days ago - Reuters

TC Energy: Underperformance Closes Valuation Gap With Enbridge

TRP beats Q1-2024 consensus estimates with strong earnings of $3.09B, especially driven by the exceptional performance of their Natural Gas segment.

14 days ago - Seeking Alpha

TC Energy reports $1.2 billion profit, down from a year ago

The energy company said its comparable earnings from its natural gas segments amounted to $2.37 billion

17 days ago - Financial Post

Data Centers Will Drive Demand for Natural Gas, TC Energy Says

The growth of power-hungry data centers will send demand soaring for natural gas as more of the fuel is used to generate electricity, according to TC Energy Corp., the largest operator of natural gas ...

17 days ago - BNN Bloomberg

Strong Natural Gas Demand Helps TC Energy Top Q1 Profit Estimate

TC Energy Corporationreportedon Friday an increase in comparable earnings for the first quarter of 2024 versus the same period last year, beating analyst estimates, as natural gas pipeline deliveries ...

17 days ago - OilPrice com

TC Energy declares quarterly dividends

CALGARY, Alberta, May 03, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend o...

17 days ago - GlobeNewsWire

TC Energy Non-GAAP EPS of C$1.24; reaffirms 2024 outlook

TC Energy press release (TRP): Q1 Non-GAAP EPS of C$1.24. Comparable EBITDA of C$3.1 billion compared to C$2.8 billion in 2023 and segmented earnings of C$2.3 billion

17 days ago - Seeking Alpha

TC Energy reports strong first quarter 2024 operating and financial results

Advancing clear set of strategic priorities to maximize shareholder returns Advancing clear set of strategic priorities to maximize shareholder returns

17 days ago - GlobeNewsWire

TC Energy provides results of Series 7 Shares conversion elections

CALGARY, Alberta, April 23, 2024 (GLOBE NEWSWIRE) -- – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that 209,483 of its 24,000,000 fixed rate Cumula...

27 days ago - GlobeNewsWire

Canada's TC Energy says NGTL pipeline system resumes normal operations after fire

TC Energy's NGTL gas pipeline system in the western Canadian province of Alberta has resumed normal operations after a rupture last week prompted the company to reduce pressure on a segment of the lin...

27 days ago - Reuters

TC Energy does not expect service interruptions following pipeline rupture

TC Energy on Wednesday said it does not anticipate any service interruptions as it continues to respond to the rupture of its NGTL gas pipeline in Alberta, Canada, which caused a wildfire on Tuesday.

4 weeks ago - Reuters

Wildfire sparked by TC Energy pipeline rupture under control as probe continues

Crews still extinguishing remaining hot spots

4 weeks ago - Financial Post

What's Going On With TC Energy Shares Today?

TC Energy Corporation (NYSE: TRP) shares are trading higher today. The company disclosed that its NGTL gas pipeline system in Alberta ruptured and caught fire on Tuesday . The fire occurred in a remo...

4 weeks ago - Benzinga

Rupture on TC Energy's NGTL gas pipeline sparks wildfire in Alberta

A section of TC Energy's NGTL gas pipeline system in Alberta ruptured and caught fire on Tuesday, sparking a wildfire in a remote area, the company said.

4 weeks ago - Reuters

TC Energy to issue first quarter 2024 results on May 3 and hold annual and special meeting of common shareholders on June 4

CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will release its first quarter 2024 financial results on Friday, May 3, 2024 pre-...

4 weeks ago - GlobeNewsWire

TC Energy appoints Sean O'Donnell as Executive Vice-President and Chief Financial Officer

CALGARY, Alberta, April 03, 2024 (GLOBE NEWSWIRE) -- – News Release – TC Energy Corporation ((TSX, NYSE: TRP) (TC Energy or the Company) announced today that the Board of Directors has appointed Sean...

6 weeks ago - Benzinga