TRP:NYE-TC Energy Corporation (USD)

COMMON STOCK | Oil & Gas Midstream | NYE

Last Closing Price

USD 42.02

Change

-1.24 (-2.87)%

Market Cap

USD 40.74B

Volume

1.82M

Average Target Price

USD 68.92 (+64.01%)
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: 2020-09-30 )

Largest Industry Peers for Oil & Gas Midstream

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

-0.35 (-1.18%)

USD60.04B 41.93 12.22
EPD Enterprise Products Partners L..

-0.14 (-0.88%)

USD34.82B 7.50 8.05
KMI Kinder Morgan, Inc

-0.12 (-0.96%)

USD28.19B 175.43 8.74
WMB The Williams Companies, Inc

-0.61 (-3.01%)

USD24.59B 181.18 15.69
ETP-PE Energy Transfer Operating, L.P

-0.15 (-0.85%)

USD20.51B N/A N/A
CQP Cheniere Energy Partners, L.P

-1.52 (-4.37%)

USD17.38B 12.05 11.07
MPLX MPLX LP

-0.69 (-4.20%)

USD17.09B 12.33 192.30
ET Energy Transfer LP

-0.18 (-3.21%)

USD15.15B 10.42 8.19
LNG Cheniere Energy, Inc

-2.27 (-4.68%)

USD12.33B 10.51 10.22
PBA Pembina Pipeline Corporation

-0.33 (-1.53%)

USD11.87B 15.94 8.43

ETFs Containing TRP

Symbol Name Weight Mer Price(Change) Market Cap
ATMP Barclays ETN+ Select MLP .. 0.00 % 0.95 %

-0.20 (-2.16%)

USD0.17B
D5BH:F Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

+0.40 (+0.88%)

USD0.27B
UB23:LSE UBS ETF - MSCI Canada UCI.. 0.00 % 0.33 %

N/A

N/A
UC87:LSE UBS ETF SICAV - MSCI Cana.. 0.00 % 0.43 %

+2.75 (+0.20%)

N/A
WNRG:LSE SPDR MSCI World Energy UC.. 0.00 % 0.30 %

+0.02 (+0.08%)

USD0.21B
XDW0:LSE Xtrackers MSCI World Ener.. 0.00 % 0.30 %

+0.05 (+0.29%)

USD0.17B
XCAD:LSE Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

+0.16 (+0.30%)

USD0.20B
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+0.09 (+0.61%)

USD0.03B
H4ZR:F HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+0.13 (+0.93%)

USD0.03B
HCAD:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+0.14 (+0.85%)

USD0.03B
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.48 %

+0.88 (+0.80%)

USD0.63B
UIM9:F UBS ETF - MSCI Canada UCI.. 0.00 % 0.33 %

+0.21 (+0.81%)

N/A
XDW0:F Xtrackers MSCI World Ener.. 0.00 % 0.30 %

+0.10 (+0.70%)

USD0.15B
D5BH:XETRA Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

+0.27 (+0.60%)

USD0.27B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+0.09 (+0.61%)

USD0.03B
SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.48 %

+0.82 (+0.75%)

USD0.63B
UIM9:XETRA UBS ETF - MSCI Canada UCI.. 0.00 % 0.33 %

+0.15 (+0.56%)

N/A
HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+3.25 (+0.25%)

USD0.03B
CSCA:LSE iShares VII PLC - iShares.. 0.00 % 0.48 %

+24.00 (+0.24%)

USD0.63B
EMLP First Trust North America.. 0.00 % 0.96 %

-0.12 (-0.63%)

USD1.84B
IXC iShares Global Energy ETF 0.00 % 0.46 %

-0.07 (-0.43%)

USD0.85B
ENFR Alerian Energy Infrastruc.. 0.00 % 0.65 %

-0.35 (-2.76%)

USD0.04B
ENY Invesco Canadian Energy I.. 0.00 % 0.66 %

N/A

USD0.01B
EWC iShares MSCI Canada ETF 0.00 % 0.49 %

-0.02 (-0.07%)

USD2.05B
FDIV First Trust Strategic Inc.. 0.00 % 0.87 %

-0.06 (-0.12%)

USD0.06B
GII SPDR S&P Global Infrastru.. 0.00 % 0.40 %

+0.10 (+0.23%)

USD0.36B
HEWC iShares Currency Hedged M.. 0.00 % 0.52 %

-0.09 (-0.38%)

USD0.01B
IGF iShares Global Infrastruc.. 0.00 % 0.46 %

-0.11 (-0.28%)

USD3.05B
MLPX Global X MLP & Energy Inf.. 0.00 % 0.45 %

-0.48 (-2.13%)

USD0.50B
CCAU:LSE iShares VII Public Limite.. 0.00 % 0.48 %

+1.12 (+0.87%)

USD0.68B
TOLZ ProShares DJ Brookfield G.. 0.00 % 0.46 %

-0.07 (-0.19%)

USD0.14B
TPYP Tortoise North American P.. 0.00 % 0.40 %

-0.28 (-1.83%)

USD0.30B
YMLP VanEck Vectors High Incom.. 0.00 % 0.45 %

N/A

USD0.05B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

-0.04 (-0.15%)

USD6.41M
USAI Pacer American Energy Ind.. 0.00 % 0.75 %

-0.30 (-1.94%)

USD0.01B
ZCAN SPDR Solactive Canada ETF 0.00 % 0.14 %

-0.11 (-0.20%)

USD0.02B
IUTSF iShares S&P/TSX 60 Index .. 0.00 % 0.00 %

N/A

USD6.41B
XDW0:XETRA Xtrackers MSCI World Ener.. 0.00 % 0.30 %

+0.03 (+0.20%)

USD0.15B

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 -21.18% 81% B- 31% F
Dividend Return 3.40% 15% F 79% C+
Total Return -17.78% 78% C+ 33% F
Trailing 12 Months  
Capital Gain -17.19% 76% C 31% F
Dividend Return 5.05% 12% F 82% B-
Total Return -12.14% 76% C 33% F
Trailing 5 Years  
Capital Gain 29.29% 100% A+ 69% D+
Dividend Return 39.54% 74% C 89% B+
Total Return 68.83% 100% A+ 79% C+
Average Annual (5 Year Horizon)  
Capital Gain 7.60% N/A N/A 74% C
Dividend Return 6.03% N/A N/A 89% B+
Total Return 13.62% N/A N/A 82% B-
Risk Return Profile  
Volatility (Standard Deviation) 19.25% N/A N/A 41% F
Risk Adjusted Return 70.73% N/A N/A 80% B-
Market Capitalization 40.74B 99% 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 12.81 33% F 64% D
Price/Book Ratio 1.94 20% F 37% F
Price / Cash Flow Ratio 5.75 19% F 50% F
EV/EBITDA 11.62 21% F 49% F
Management Effectiveness  
Return on Equity 14.31% 73% C 80% B-
Return on Invested Capital 6.28% 32% F 54% F
Return on Assets 3.58% 31% F 69% D+
Debt to Equity Ratio 139.43% 34% F 23% F
Technical Ratios  
Short Ratio 6.24 14% F 16% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.70 79% C+ 73% 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 (USD)

Quarterly Financials (USD)

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.

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.

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 capital utilization

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

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.

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.