TRP:NYE-TC Energy Corporation (USD)

COMMON STOCK | Oil & Gas Midstream | NYE

Last Closing Price

USD 57.42

Change

0.00 (0.00)%

Market Cap

USD 54.04B

Volume

1.44M

Average Target Price

USD 71.71 (+24.89%)
Average Analyst Rating

Verdict

STA Verdict

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: 2020-02-22 )

Largest Industry Peers for Oil & Gas Midstream

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ENB Enbridge Inc

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KMI Kinder Morgan, Inc

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ET Energy Transfer LP

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OKE ONEOK, Inc

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ETP-PE Energy Transfer Operating, L.P

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WMB The Williams Companies, Inc

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USD26.08B 30.83 12.47
MPLX MPLX LP

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USD24.61B 23.25 10.33
PBA Pembina Pipeline Corporation

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USD20.52B 21.91 -155.98
CQP Cheniere Energy Partners, L.P

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USD17.48B 16.85 14.01

ETFs Containing TRP

Symbol Name Weight Mer Price(Change) Market Cap
ZEO:CA BMO Equal Weight Oil &.. 10.25 % 0.55 %

N/A

USD0.11B
XDIV:CA iShares Core MSCI Canadia.. 9.55 % 0.10 %

N/A

USD0.22B
YMLP VanEck Vectors High Incom.. 8.95 % 0.45 %

N/A

USD0.05B
MLPX Global X MLP & Energy Inf.. 8.70 % 0.45 %

N/A

USD0.78B
EMLP First Trust North America.. 8.69 % 0.95 %

N/A

USD2.85B
PDC:CA Invesco Canadian Dividend.. 8.48 % 0.55 %

N/A

USD0.73B
HOG:CA Horizons Canadian Midstre.. 8.26 % 0.64 %

N/A

USD0.01B
ENFR Alerian Energy Infrastruc.. 8.23 % 0.65 %

N/A

USD0.06B
TPYP Tortoise North American P.. 7.39 % 0.40 %

N/A

USD0.46B
USAI Pacer American Energy Ind.. 7.15 % 0.75 %

N/A

USD0.01B
XCG:CA iShares Canadian Growth I.. 6.63 % 0.55 %

N/A

USD0.05B
VDY:CA Vanguard FTSE Canadian Hi.. 6.47 % 0.20 %

N/A

USD0.57B
ZGI:CA BMO Global Infrastructure.. 6.43 % 0.55 %

N/A

USD0.27B
XDV:CA iShares Canadian Select D.. 5.53 % 0.55 %

N/A

USD1.39B
XU61:XETRA BNP Paribas Easy NMX 30 I.. 5.45 % 0.00 %

N/A

USD0.02B
ENG:PA BNP Paribas Easy NMX 30 I.. 5.43 % 0.00 %

N/A

USD0.03B
XU61:F BNP Paribas Easy NMX 30 I.. 5.43 % 0.00 %

N/A

USD0.03B
ZWU:CA BMO Covered Call Utilitie.. 5.35 % 0.65 %

N/A

USD0.93B
XEI:CA iShares S&P/TSX Compo.. 5.23 % 0.22 %

N/A

USD0.69B
HPF:CA Harvest Energy Leaders Pl.. 5.16 % 1.74 %

N/A

USD0.02B
INFR Legg Mason Global Infrast.. 5.11 % 0.40 %

N/A

USD0.02B
ZWC:CA BMO CA High Dividend Cove.. 4.50 % 0.65 %

N/A

USD0.57B
GLIF AGFiQ Global Infrastructu.. 4.31 % 0.45 %

N/A

USD2.70M
ATMP Barclays ETN+ Select MLP .. 3.97 % 0.95 %

N/A

USD0.29B
FCCD:CA Fidelity Canadian High Di.. 3.96 % 0.00 %

N/A

USD0.14B
TOLZ ProShares DJ Brookfield G.. 3.93 % 0.46 %

N/A

USD0.15B
FLCA Franklin FTSE Canada ETF 3.75 % 0.09 %

N/A

USD6.61M
FLRM:CA Franklin Liberty Risk Man.. 3.69 % 0.36 %

N/A

USD0.02B
VCE:CA Vanguard FTSE Canada Inde.. 3.61 % 0.05 %

N/A

USD0.70B
XIU:CA iShares S&P/TSX 60 In.. 3.55 % 0.18 %

N/A

USD8.60B
DXM:CA CI First Asset Morningsta.. 3.47 % 0.67 %

N/A

USD0.01B
QCE:CA Mackenzie Canadian Large .. 3.44 % 0.06 %

N/A

USD0.08B
RCE:CA RBC Quant Canadian Equity.. 3.42 % 0.39 %

N/A

USD0.01B
UIM9:F UBS ETF - MSCI Canada UCI.. 3.41 % 0.33 %

N/A

N/A
UIM9:XETRA UBS ETF - MSCI Canada UCI.. 3.41 % 0.33 %

N/A

N/A
HCAN:PA HSBC MSCI Canada UCITS ET.. 3.39 % 0.35 %

N/A

USD0.04B
H4ZR:F HSBC MSCI Canada UCITS ET.. 3.39 % 0.35 %

N/A

USD0.04B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 3.39 % 0.35 %

N/A

USD0.04B
SXR2:F iShares VII PLC - iShares.. 3.38 % 0.48 %

N/A

USD0.73B
D5BH:F Xtrackers MSCI Canada UCI.. 3.38 % 0.35 %

N/A

USD0.30B
SXR2:XETRA iShares VII PLC - iShares.. 3.38 % 0.48 %

N/A

USD0.73B
CSCA:LSE iShares VII PLC - iShares.. 3.38 % 0.48 %

N/A

USD0.73B
D5BH:XETRA Xtrackers MSCI Canada UCI.. 3.38 % 0.35 %

N/A

USD0.30B
WOMN:CA BMO Women In Leadership F.. 3.37 % 0.39 %

N/A

USD0.05B
UC87:LSE UBS ETF - MSCI Canada UCI.. 3.34 % 0.43 %

N/A

N/A
CCAU:LSE iShares VII PLC - iShares.. 3.33 % 0.48 %

N/A

USD0.67B
XCAD:LSE Xtrackers MSCI Canada UCI.. 3.33 % 0.35 %

N/A

USD0.28B
HCAD:LSE HSBC MSCI Canada UCITS ET.. 3.32 % 0.35 %

N/A

USD0.03B
UB23:LSE UBS ETF - MSCI Canada UCI.. 3.29 % 0.33 %

N/A

N/A
FDV:CA CI First Asset Active Can.. 3.28 % 0.94 %

N/A

USD0.03B
GII SPDR S&P Global Infrastru.. 3.27 % 0.40 %

N/A

USD0.43B
HCAN:LSE HSBC MSCI Canada UCITS ET.. 3.27 % 0.35 %

N/A

USD0.04B
HAL:CA Horizons Active Cdn Divid.. 3.27 % 0.55 %

N/A

USD0.05B
IGF iShares Global Infrastruc.. 3.25 % 0.46 %

N/A

USD3.60B
EWC iShares MSCI Canada ETF 3.16 % 0.49 %

N/A

USD2.83B
XMV:CA iShares Edge MSCI Min Vol.. 3.15 % 0.33 %

N/A

USD0.12B
ZCAN SPDR Solactive Canada ETF 3.14 % 0.14 %

N/A

USD0.02B
PXC:CA Invesco FTSE RAFI Canadia.. 3.05 % 0.50 %

N/A

USD0.29B
FLCD:CA Franklin FTSE Canada All .. 2.89 % 0.06 %

N/A

USD0.26B
VCN:CA Vanguard FTSE Canada All .. 2.86 % 0.05 %

N/A

USD2.31B
ZCN:CA BMO S&P/TSX Capped Co.. 2.78 % 0.05 %

N/A

USD4.21B
XIC:CA iShares Core S&P/TSX .. 2.78 % 0.06 %

N/A

USD6.18B
QCN:CA Mackenzie Canadian Equity.. 2.74 % 0.06 %

N/A

USD0.04B
TTP:CA TD Canadian Equity Index .. 2.68 % 0.07 %

N/A

USD0.50B
XDW0:XETRA Xtrackers MSCI World Ener.. 2.50 % 0.30 %

N/A

USD0.10B
XDW0:F Xtrackers MSCI World Ener.. 2.50 % 0.30 %

N/A

USD0.10B
IXC iShares Global Energy ETF 2.27 % 0.46 %

N/A

USD0.77B
XDW0:LSE Xtrackers MSCI World Ener.. 2.25 % 0.30 %

N/A

USD0.14B
WNRG:LSE SPDR MSCI World Energy UC.. 2.23 % 0.30 %

N/A

USD0.28B
PDF:CA Purpose Core Dividend Fun.. 1.74 % 0.67 %

N/A

USD0.19B
XTR:CA iShares Diversified Month.. 1.34 % 0.62 %

N/A

USD0.65B
FDIV First Trust Strategic Inc.. 1.31 % 0.87 %

N/A

USD0.09B
XBAL:CA iShares Core Balanced ETF.. 0.43 % 0.76 %

N/A

USD0.29B
QCD:CA AGFiQ Enhanced Core Canad.. 0.00 % 0.45 %

N/A

USD0.10B
DGRC:CA WisdomTree Canada Quality.. 0.00 % 0.24 %

N/A

USD0.24B

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 7.71% 96% A 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 7.71% 94% A 84% B
Trailing 12 Months  
Capital Gain 28.54% 93% A 88% B+
Dividend Return 6.72% 38% F 88% B+
Total Return 35.26% 93% A 90% A-
Trailing 5 Years  
Capital Gain 29.35% 96% A 68% D+
Dividend Return 28.38% 74% C 85% B
Total Return 57.74% 93% A 75% C
Average Annual (5 Year Horizon)  
Capital Gain 9.21% 95% A 71% C-
Dividend Return 5.94% 57% F 86% B
Total Return 15.15% 91% A- 80% B-
Risk Return Profile  
Volatility (Standard Deviation) 19.84% 59% F 37% F
Risk Adjusted Return 76.37% 95% A 69% D+
Market Capitalization 54.04B 97% A+ 95% 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 20.65 32% F 37% F
Price/Book Ratio 2.92 17% F 31% F
Price / Cash Flow Ratio 9.91 18% F 45% F
EV/EBITDA -96.47 99% A+ 95% A
Management Effectiveness  
Return on Equity 13.99% 68% D+ 74% C
Return on Invested Capital 8.40% 56% F 62% D-
Return on Assets 3.65% 49% F 63% D
Debt to Equity Ratio 160.15% 34% F 20% F
Technical Ratios  
Short Ratio 6.03 17% F 20% F
Short Percent 80.00% 5% F 20% F
Beta 1.12 55% F 36% F
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 (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

STA Verdict 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.

Positive cash flow

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

What to not like:
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.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

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.

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