TC Energy Corp trades with the ticker TRP on the TSX and is in the Oil & Gas Midstream industry.
Overview
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. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. 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.
Looking to invest in TC Energy Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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TRP.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $56314.954MM
PE Ratio: 19.738
Price: 40.64 (Updated: 3/12/2024 0:47:16)
TC Energy Corp (TRP) vs Competitors in Oil & Gas Midstream
Lets see how TRP.TO stacks up against others in the Oil & Gas Midstream asset management industry. We have identified its main peers as:AltaGas Ltd, Enbridge Inc, Inter Pipeline Ltd, Keyera Corp, Pembina Pipeline Corporation
.Oil & Gas Midstream Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| AltaGas Ltd (ALA) | $8,525.842 | 12.819 | 11.236 | 4.1% |
| Enbridge Inc (ENB) | $102,793.536 | 17.028 | 11.31 | 7.6% |
| Inter Pipeline Ltd (IPL) | $8,206.304 | 17.071 | 22.214 | 2.6% |
| Keyera Corp (KEY) | $7,724.747 | 18.222 | 11.16 | 5.9% |
| Pembina Pipeline Corporation (PPL) | $26,451.677 | 16.1 | 11.893 | 5.6% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas Midstream
- TC Energy Corp (TRP) vs AltaGas Ltd (ALA)
- TRP has higher EPS (2.75 vs 2.26). TRP has higher dividend yield (7.1% vs 4.1%). TRP has a higher P/E ratio (19.738 vs 12.819) indicating it’s more expensive.
- TC Energy Corp (TRP) vs Enbridge Inc (ENB)
- ENB has higher EPS (2.84 vs 2.75). ENB has higher dividend yield (7.6% vs 7.1%). TRP has a higher P/E ratio (19.738 vs 17.028) indicating it’s more expensive.
- TC Energy Corp (TRP) vs Inter Pipeline Ltd (IPL)
- TRP has higher EPS (2.75 vs 1.12). TRP has higher dividend yield (7.1% vs 2.6%). TRP has a higher P/E ratio (19.738 vs 17.071) indicating it’s more expensive.
- TC Energy Corp (TRP) vs Keyera Corp (KEY)
- TRP has higher EPS (2.75 vs 1.85). TRP has higher dividend yield (7.1% vs 5.9%). TRP has a higher P/E ratio (19.738 vs 18.222) indicating it’s more expensive.
- TC Energy Corp (TRP) vs Pembina Pipeline Corporation (PPL)
- PPL has higher EPS (2.99 vs 2.75). TRP has higher dividend yield (7.1% vs 5.6%). TRP has a higher P/E ratio (19.738 vs 16.1) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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