TRP:CA:TSX-TC Energy Corporation (CAD)

COMMON STOCK | Oil & Gas Midstream | TSX

Last Closing Price

CAD 58.90

Change

0.00 (0.00)%

Market Cap

CAD 53.66B

Volume

2.46M

Average Target Price

CAD 72.50 (+23.09%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage segments. The company builds and operates 92,600 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 of oil and liquids pipeline infrastructure 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 10 power generation facilities with a combined capacity of approximately 6,600 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, New Brunswick and Arizona; and owns and operates approximately 118 billion cubic feet of unregulated 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 founded in 1951 and is headquartered in Calgary, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-05-24 )

Largest Industry Peers for Oil & Gas Midstream

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ENB:CA Enbridge Inc

N/A

CAD89.04B 44.79 17.88
ENB-PY:CA Enbridge Inc

N/A

CAD73.30B 4.10 N/A
ENB-PP:CA Enbridge Inc

N/A

CAD71.02B 4.27 N/A
TRP-PA:CA TC Energy Corporation

N/A

CAD50.78B 2.40 N/A
TRP-PC:CA TC Energy Corporation

N/A

CAD43.34B 1.99 N/A
TRP-PB:CA TC Energy Corporation

N/A

CAD43.17B 1.92 N/A
PPL:CA Pembina Pipeline Corporation

N/A

CAD19.28B 13.65 13.83
IPL:CA Inter Pipeline Ltd

N/A

CAD5.16B 9.44 11.57
KEY:CA Keyera Corp

N/A

CAD4.77B 9.69 8.64
GEI:CA Gibson Energy Inc

N/A

CAD3.15B 18.79 9.83

ETFs Containing TRP:CA

Symbol Name Weight Mer Price(Change) Market Cap
ZEO:CA BMO Equal Weight Oil &.. 13.19 % 0.55 %

N/A

CAD0.09B
XDIV:CA iShares Core MSCI Canadia.. 10.16 % 0.10 %

N/A

CAD0.21B
PDC:CA Invesco Canadian Dividend.. 9.89 % 0.50 %

N/A

CAD0.60B
HOG:CA Horizons Pipelines & .. 8.87 % 0.55 %

N/A

CAD0.01B
VDY:CA Vanguard FTSE Canadian Hi.. 7.10 % 0.20 %

N/A

CAD0.52B
XCG:CA iShares Canadian Growth I.. 6.95 % 0.50 %

N/A

CAD0.04B
ZGI:CA BMO Global Infrastructure.. 6.77 % 0.55 %

N/A

CAD0.24B
XDV:CA iShares Canadian Select D.. 6.38 % 0.50 %

N/A

CAD1.12B
XEI:CA iShares S&P/TSX Compo.. 6.37 % 0.20 %

N/A

CAD0.56B
HPF:CA Harvest Energy Leaders Pl.. 5.89 % 1.89 %

N/A

CAD0.02B
ZWU:CA BMO Covered Call Utilitie.. 5.60 % 0.65 %

N/A

CAD0.79B
ZWC:CA BMO CA High Dividend Cove.. 4.98 % 0.65 %

N/A

CAD0.52B
FCCD:CA Fidelity Canadian High Di.. 4.70 % 0.00 %

N/A

CAD0.12B
QCD:CA AGFiQ Canadian Equity ETF 4.29 % 0.45 %

N/A

CAD0.08B
BGC:CA Bristol Gate Concentrated.. 4.27 % 0.70 %

N/A

CAD0.02B
VCE:CA Vanguard FTSE Canada Inde.. 4.05 % 0.05 %

N/A

CAD0.62B
XIU:CA iShares S&P/TSX 60 In.. 3.83 % 0.15 %

N/A

CAD8.00B
RCD:CA RBC Quant Canadian Divide.. 3.81 % 0.39 %

N/A

CAD0.10B
DXM:CA CI First Asset Morningsta.. 3.68 % 0.60 %

N/A

CAD9.82M
QCE:CA Mackenzie Canadian Large .. 3.62 % 0.06 %

N/A

CAD0.07B
XMV:CA iShares Edge MSCI Min Vol.. 3.43 % 0.30 %

N/A

CAD0.11B
VCN:CA Vanguard FTSE Canada All .. 3.31 % 0.05 %

N/A

CAD2.24B
WOMN:CA BMO Women In Leadership F.. 3.24 % 0.39 %

N/A

CAD0.05B
FLCD:CA Franklin FTSE Canada All .. 3.23 % 0.05 %

N/A

CAD0.28B
ZCN:CA BMO S&P/TSX Capped Co.. 3.10 % 0.05 %

N/A

CAD3.54B
XIC:CA iShares Core S&P/TSX .. 3.10 % 0.05 %

N/A

CAD5.85B
RCE:CA RBC Quant Canadian Equity.. 3.09 % 0.39 %

N/A

CAD0.01B
PXC:CA Invesco FTSE RAFI Canadia.. 3.01 % 0.45 %

N/A

CAD0.19B
QCN:CA Mackenzie Canadian Equity.. 2.97 % 0.06 %

N/A

CAD0.04B
BDIV:CA Brompton Global Dividend .. 2.92 % 0.75 %

N/A

CAD0.06B
MCLC:CA Manulife Multifactor Cana.. 2.77 % 0.45 %

N/A

CAD0.05B
TTP:CA TD Canadian Equity Index .. 2.69 % 0.05 %

N/A

CAD0.42B
PIN:CA Purpose Monthly Income Fu.. 0.65 % 0.72 %

N/A

CAD0.01B
XBAL:CA iShares Core Balanced ETF.. 0.43 % 0.20 %

N/A

CAD0.31B

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 -14.84% 100% A+ 48% F
Dividend Return 1.17% 56% F 85% B
Total Return -13.66% 92% A- 49% F
Trailing 12 Months  
Capital Gain -10.60% 75% C 50% F
Dividend Return 4.64% 75% C 92% A-
Total Return -5.95% 75% C 57% F
Trailing 5 Years  
Capital Gain 9.52% 100% A+ 70% C-
Dividend Return 22.69% 57% F 80% B-
Total Return 32.21% 100% A+ 75% C
Average Annual (5 Year Horizon)  
Capital Gain 10.19% 100% A+ 75% C
Dividend Return 4.34% 33% F 80% B-
Total Return 14.53% 78% C+ 79% C+
Risk Return Profile  
Volatility (Standard Deviation) 18.58% 33% F 42% F
Risk Adjusted Return 78.19% 89% B+ 68% D+
Market Capitalization 53.66B 77% C+ 99% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas Midstream)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 13.17 46% F 58% F
Price/Book Ratio 1.93 38% F 33% F
Price / Cash Flow Ratio 7.58 42% F 46% F
EV/EBITDA 11.47 75% C 40% F
Management Effectiveness  
Return on Equity 13.97% 85% B 81% B-
Return on Invested Capital 6.28% 54% F 60% D-
Return on Assets 3.60% 69% D+ 70% C-
Debt to Equity Ratio 139.43% 50% F 16% F
Technical Ratios  
Short Ratio 9.71 25% F 7% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.79 92% A- 70% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

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:
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.

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.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

Overpriced compared to book value

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

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.

Higly 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 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.