TRP.TO - TC Energy Corporation

Toronto - Toronto Delayed Price. Currency in CAD
67.93
-0.08 (-0.12%)
At close: 4:00PM EST
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Previous Close68.01
Open68.01
Bid67.86 x N/A
Ask67.87 x N/A
Day's Range67.64 - 68.21
52 Week Range47.90 - 70.25
Volume884,039
Avg. Volume2,400,552
Market Cap63.447B
Beta (3Y Monthly)1.04
PE Ratio (TTM)15.86
EPS (TTM)4.28
Earnings DateFeb 12, 2020 - Feb 17, 2020
Forward Dividend & Yield3.00 (4.44%)
Ex-Dividend Date2019-12-30
1y Target Est70.72
  • GlobeNewswire

    TC Energy 2019 Investor Day event to be webcast

    CALGARY, Alberta, Nov. 12, 2019 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will host its annual Investor Day on Tuesday, November 19. Members of TC.

  • Trade Alert: The Executive VP of Stakeholder Relations & General Counsel Of TC Energy Corporation (TSE:TRP), Patrick Keys, Has Just Spent CA$196k Buying Shares
    Simply Wall St.

    Trade Alert: The Executive VP of Stakeholder Relations & General Counsel Of TC Energy Corporation (TSE:TRP), Patrick Keys, Has Just Spent CA$196k Buying Shares

    Investors who take an interest in TC Energy Corporation (TSE:TRP) should definitely note that the Executive VP of...

  • GlobeNewswire

    Keystone resumes crude oil deliveries

    CALGARY, Alberta, Nov. 10, 2019 -- Media Advisory -- TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) today announced that its Keystone pipeline has returned to service.

  • Thomson Reuters StreetEvents

    Edited Transcript of TRP.TO earnings conference call or presentation 1-Nov-19 3:00pm GMT

    Q3 2019 TC Energy Corp Earnings Call

  • UPDATE 2-Keystone operator TC Energy beats profit estimates on pipeline strength
    Reuters

    UPDATE 2-Keystone operator TC Energy beats profit estimates on pipeline strength

    TC Energy reported a better-than-expected quarterly profit on Friday, buoyed by higher volumes of crude and natural gas the pipeline operator transported. Earnings from the company's oil-transporting liquids segment, which comprises its 590,000-barrel-per-day (bpd) Keystone pipeline system, surged more than 55% to C$491 million in the third quarter ended Sept. 30. TC Energy, formerly known as TransCanada, has been investing heavily in the disputed 830,000 barrel per day (bpd) Keystone XL pipeline, which is expected to boost export volumes from the oil marketing hub of Alberta to U.S. refineries.

  • GlobeNewswire

    TC Energy Declares Quarterly Dividends

    CALGARY, Alberta, Nov. 01, 2019 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that the Board of Directors (Board) of TC.

  • GlobeNewswire

    TC Energy reports strong third quarter financial results

    TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for third quarter 2019 of $739 million or $0.79 per share compared to net income of $928 million or $1.02 per share for the same period in 2018. Comparable earnings for third quarter 2019 were $970 million or $1.04 per common share compared to $902 million or $1.00 per common share in 2018. TC Energy's Board of Directors also declared a quarterly dividend of $0.75 per common share for the quarter ending December 31, 2019, equivalent to $3.00 per common share on an annualized basis.

  • GlobeNewswire

    TC Energy announces $1.2 Billion West Path Delivery Program

    News Release – TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) today announced the West Path Delivery Program, a combined $1.2 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) and Foothills Systems, which will connect with the US$335 million GTN XPress Project recently announced by TC PipeLines LP, to deliver the volumes to downstream markets. “The West Path Delivery Program, along with the GTN XPress Project, further enhances connections of the Western Canadian Sedimentary Basin (WCSB) to high-value downstream markets,” said Russ Girling, President and Chief Executive Officer.

  • Oilprice.com

    Why The Latest Keystone Spill Is Disastrous For Canadian Oil

    The Keystone Pipeline was shut down this week after yet another oil spill, a development that could prove disastrous for both the Canadian oil industry and the future of Keystone XL

  • Oil Falls to Lowest in a Week After Surprise U.S. Crude Build
    Bloomberg

    Oil Falls to Lowest in a Week After Surprise U.S. Crude Build

    (Bloomberg) -- Oil fell for a third day as a U.S. government report showed a bigger-than-expected build in domestic crude supplies and Chile canceled a summit where the U.S. and China were expected to sign a preliminary trade accord.Futures in New York declined to the lowest in a week on Wednesday. The Energy Information Administration reported that American crude inventories rose by 5.7 million barrels last week, beating analyst forecasts, while supplies at the key Cushing, Oklahoma, storage hub rose for a fourth week. U.S. President Donald Trump’s plan to ink a trade deal with Chinese President Xi Jinping were thrown into question when Chile canceled next month’s APEC summit where the two leaders planned to meet.“Chile canceling the summit put some uncertainty as to potentially when the U.S. China trade talks will be resolved,” said Brian Kessens, portfolio manager at Tortoise, a Kansas firm that oversees more than $21 billion in assets. “That’s going to weigh on the crude oil markets.”West Texas Intermediate crude calendar spreads strengthened and WTI’s discount to Brent narrowed after TC Energy Corp. shut its Keystone oil pipeline Wednesday due to a spill in North Dakota.A deteriorating global economy weakened by the trade war has driven a 17% slump in crude since late April. That’s put the onus on OPEC and its allies to extend output cuts, though there are questions over Russia’s willingness. The Saudis may need to consider deeper curbs with other Gulf countries if Russia abstains, Citigroup Inc. said.WTI for December delivery slipped 48 cents to settle at $55.06 a barrel on the New York Mercantile Exchange. The U.S. benchmark was trading in a bearish contango structure, which indicates oversupply.Brent for December fell 98 cents to $60.61 a barrel on the London-based ICE Futures Europe Exchange. The global benchmark crude traded at a premium of $5.55 to WTI.The EIA reported that West Coast gasoline imports jumped to 191,000 barrels a day, the most since May, as cargoes were diverted from New York after prices spiked in California. More tankers may head that way after another spate of upsets sent spot prices jumping again.“There’s going to continue to be a focus on imports and exports, and in relation to that what’s causing reduced activity is the fairly high tanker prices right now so there is less global crude oil shipping,” Kessens said.The OPEC+ alliance is due to meet in December to discuss whether to extend or deepen production cuts that expire in March. Brazil’s President Jair Bolsonaro said the country received an informal request to join OPEC, following a conversation with Saudi Crown Prince Mohammed bin Salman, and that he would like to join.To contact the reporter on this story: Jacquelyn Melinek in New York at jmelinek@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Catherine Traywick, Joe CarrollFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GlobeNewswire

    TC Energy provides results of Series 9 Shares conversion elections

    News Release – TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that 173,386 of its 18,000,000 fixed rate Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) were deposited for conversion on October 30, 2019 on a one-for-one basis into floating rate Cumulative Redeemable First Preferred Shares, Series 10 (Series 10 Shares). As previously announced in our news release dated September 18, 2019, the conversions are subject to the conditions that: (i) if TC Energy determines that there would be less than one million Series 9 Shares outstanding after October 30, 2019, then all remaining Series 9 Shares will automatically be converted into Series 10 Shares on a one-for-one basis on October 30, 2019 and (ii) alternatively, if TC Energy determines that there would be less than one million Series 10 Shares outstanding after October 30, 2019, no Series 9 Shares will be converted into Series 10 Shares.

  • A Closer Look At TC Energy Corporation's (TSE:TRP) Impressive ROE
    Simply Wall St.

    A Closer Look At TC Energy Corporation's (TSE:TRP) Impressive ROE

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • GlobeNewswire

    TC Energy to issue third quarter results November 1

    CALGARY, Alberta, Oct. 15, 2019 -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Friday, November 1, 2019 to.

  • Bank of America Center no more: Downtown Houston tower gets new name
    American City Business Journals

    Bank of America Center no more: Downtown Houston tower gets new name

    Following months of speculation, the downtown Houston office tower once known as Bank of America Center officially has a new name. It's also undergoing a $20 million renovation.

  • Did Hedge Funds Drop The Ball On TC Energy Corporation (TRP) ?
    Insider Monkey

    Did Hedge Funds Drop The Ball On TC Energy Corporation (TRP) ?

    You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]

  • GlobeNewswire

    TC Energy provides dividend rate notice for Series 9 and 10 preferred shares

    News Release -- TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that it has notified the registered shareholder of the applicable dividend rates for Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) and the Cumulative Redeemable First Preferred Shares, Series 10 (Series 10 Shares). As previously announced in our news release dated September 18, 2019, holders of the Series 9 Shares have the right on October 30, 2019 to convert, on a one-for-one basis, any or all of their Series 9 Shares into Series 10 Shares and receive a floating rate quarterly dividend, or retain any or all of their Series 9 Shares and receive a new fixed rate quarterly dividend. Should a holder of Series 9 Shares choose to retain their shares, such shareholders will receive the new annual fixed dividend rate applicable to the Series 9 Shares of 3.762% for the five-year period commencing October 30, 2019 to, but excluding, October 30, 2024.

  • Thomson Reuters StreetEvents

    Edited Transcript of TRP.TO earnings conference call or presentation 1-Aug-19 3:00pm GMT

    Q2 2019 TC Energy Corp Earnings Call

  • GlobeNewswire

    TC Energy provides Series 9 Preferred Shares conversion right and dividend rate notice

    News Release – TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) on October 30, 2019. The dividend rate applicable to the Series 9 Shares for the five-year period commencing on October 30, 2019 to, but excluding, October 30, 2024 will equal the Government of Canada five-year bond yield on October 1, 2019 plus 2.35 per cent. The dividend rate applicable to the Series 10 Shares for the three-month period commencing on October 30, 2019 to, but excluding, January 30, 2020 will equal the Government of Canada 90-day treasury bill rate on October 1, 2019 plus 2.35 per cent. Both rates will be calculated according to the terms of the prospectus supplement dated January 13, 2014 and announced by way of a news release on October 1, 2019.

  • A Close Look At TC Energy Corporation’s (TSE:TRP) 7.2% ROCE
    Simply Wall St.

    A Close Look At TC Energy Corporation’s (TSE:TRP) 7.2% ROCE

    Today we'll evaluate TC Energy Corporation (TSE:TRP) to determine whether it could have potential as an investment...

  • Why This 4.7%-Yielding Dividend Stock Is a Great Long-Term Buy
    Motley Fool

    Why This 4.7%-Yielding Dividend Stock Is a Great Long-Term Buy

    TC Energy’s CEO lays out its investment case.