Tc Energy Corp Stock Today
| TRP Stock | USD 35.91 0.12 0.33% |
Performance0 of 100
| Odds Of DistressLess than 41
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TC Energy is selling at 35.91 as of the 25th of April 2024; that is -0.33% down since the beginning of the trading day. The stock's last reported lowest price was 35.56. TC Energy has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for TC Energy Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 30th of December 1987 |
TC Energy Corporation operates as an energy infrastructure company in North America. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. Tc Energy is traded on New York Stock Exchange in the United States. The company has 1.04 B outstanding shares of which 45.65 M shares are at this time shorted by investors with about 35.78 days to cover. More on TC Energy Corp
Moving against TRP Stock
| 0.66 | DLNG | Dynagas LNG Partners Financial Report 18th of June 2024 | PairCorr |
TRP Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TC Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TC Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, TC Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TC Energy's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Russell Girling | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Transglobe Energy Corp., Transglobe Energy Corp., Transglobe Energy Corp.] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, ARCA Natural Gas, SP TSX Composite, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Nuclear | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering TC Energy report their recommendations after researching TC Energy's financial statements, talking to executives and customers, or listening in on TC Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TC Energy Corp. The TRP consensus assessment is calculated by taking the average forecast from all of the analysts covering TC Energy. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from TC Energy's financial statements, TC Energy Corp is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in May. Financial strength of TC Energy Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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TC Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TC Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TC Energy's financial leverage. It provides some insight into what part of TC Energy's total assets is financed by creditors.
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TC Energy Corp (TRP) is traded on New York Stock Exchange in USA. It is located in 450 - 1 Street SW, Calgary, AB, Canada, T2P 5H1 and employs 7,000 people. TC Energy is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 37.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TC Energy's market, we take the total number of its shares issued and multiply it by TC Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TC Energy Corp runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 1.04 B outstanding shares of which 45.65 M shares are at this time shorted by investors with about 35.78 days to cover.
TC Energy Corp has about 620 M in cash with 7.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.08.
Check TC Energy Probability Of Bankruptcy
Ownership AllocationTC Energy Corp secures a total of 1.04 Billion outstanding shares. The majority of TC Energy Corp outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to take positions in TC Energy Corp to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in TC Energy Corp. Please pay attention to any change in the institutional holdings of TC Energy as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check TRP Ownership Details
TRP Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of TC Energy jumping above the current price in 90 days from now is roughly 96.0%. The TC Energy Corp probability density function shows the probability of TC Energy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon TC Energy has a beta of 0.9832. This usually implies TC Energy Corp market returns are sensible to returns on the market. As the market goes up or down, TC Energy is expected to follow. Additionally, tC Energy Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of TC Energy to move above the current price in 90 days from now is roughly 96.0 (This TC Energy Corp probability density function shows the probability of TRP Stock to fall within a particular range of prices over 90 days) .
TRP Stock Institutional Holders
Institutional Holdings refers to the ownership stake in TC Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TC Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TC Energy's value.| Instituion | Recorded On | Shares | |
| 1832 Asset Management L.p | 2023-12-31 | 19.8 M | |
| Fidelity International Ltd | 2023-12-31 | 16.7 M | |
| Mackenzie Investments | 2023-12-31 | 16.5 M | |
| Td Asset Management Inc | 2023-12-31 | 15.3 M | |
| Beutel, Goodman & Company Ltd. | 2023-12-31 | 13.7 M | |
| Jarislowsky Fraser Ltd | 2023-12-31 | 13.2 M | |
| Canada Pension Plan Investment Board | 2023-12-31 | 12.4 M | |
| Dodge & Cox | 2023-12-31 | 11.9 M | |
| Legal & General Group Plc | 2023-12-31 | 11.5 M | |
| Royal Bank Of Canada | 2023-12-31 | 94.3 M | |
| Capital Research Global Investors | 2023-12-31 | 55.7 M |
TC Energy Historical Income Statement
TC Energy Corp Income Statement is one of the three primary financial statements used for reporting TRP's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TC Energy Corp revenue and expense. TC Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, TC Energy's Net Income is relatively stable compared to the past year. As of 04/25/2024, Income Tax Expense is likely to grow to about 989.1 M, while Operating Income is likely to drop slightly above 3.9 B. View More FundamentalsTRP Stock Against Markets
Picking the right benchmark for TC Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TC Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TC Energy is critical whether you are bullish or bearish towards TC Energy Corp at a given time. Please also check how TC Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in TC Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Money ManagersScreen money managers from public funds and ETFs managed around the world |
| All Next | Launch Module |
TC Energy Corporate Directors
TC Energy corporate directors refer to members of a TC Energy board of directors. The board of directors generally takes responsibility for the TC Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TC Energy's board members must vote for the resolution. The TC Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Susan Jones | Independent Director | Profile | |
| Derek Burney | Independent Director | Profile | |
| John Lowe | Independent Director | Profile | |
| Randy Limbacher | Independent Director | Profile |
How to buy TRP Stock?
Before investing in TC Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TC Energy. To buy TC Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TC Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase TC Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TC Energy Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased TC Energy Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TC Energy Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TRP Stock please use our How to Invest in TC Energy guide.
Already Invested in TC Energy Corp?
The danger of trading TC Energy Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TC Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TC Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TC Energy Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for TRP Stock analysis
When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
Is TC Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TC Energy. If investors know TRP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Dividend Share 3.72 | Earnings Share 2 | Revenue Per Share 15.47 | Quarterly Revenue Growth 0.672 |
The market value of TC Energy Corp is measured differently than its book value, which is the value of TRP that is recorded on the company's balance sheet. Investors also form their own opinion of TC Energy's value that differs from its market value or its book value, called intrinsic value, which is TC Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TC Energy's market value can be influenced by many factors that don't directly affect TC Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if TC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.