TRP.TO - TC Energy Corporation

Toronto - Toronto Delayed Price. Currency in CAD
67.43
-0.41 (-0.60%)
At close: 4:00PM EDT
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Previous Close67.84
Open68.02
Bid67.44 x N/A
Ask67.46 x N/A
Day's Range67.42 - 68.37
52 Week Range47.90 - 70.25
Volume799,247
Avg. Volume2,578,812
Market Cap62.642B
Beta (3Y Monthly)1.20
PE Ratio (TTM)14.93
EPS (TTM)4.51
Earnings DateNov 1, 2019
Forward Dividend & Yield3.00 (4.38%)
Ex-Dividend Date2019-09-27
1y Target Est70.00
  • 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.

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

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  • 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 […]

  • TC’s Coastal GasLink Draws Interest From Mubadala
    Bloomberg

    TC’s Coastal GasLink Draws Interest From Mubadala

    (Bloomberg) -- The Coastal GasLink project, a natural gas pipeline TC Energy Corp. is selling, has drawn interest from potential investors including Mubadala Investment Co., according to people familiar with the matter.Other suitors are circling the asset, said the people, who asked to not be identified because the matter isn’t public.TC Energy, which changed its name in May from TransCanada Corp., is working with an adviser to sell up to 75% of Coastal GasLink, which is estimated to cost C$6.2 billion ($4.7 billion) to build, it said in a regulatory filing in January. It’s not clear how much the stake would fetch in a sale.“TC Energy does not comment on market rumours,” the Calgary-based company said in a statement. “As has been previously reported in our quarterly financial disclosures, we continue to advance funding plans for our Coastal GasLink Project including the potential sale of an ownership interest and project financing.”A representative for Mubadala declined to comment.TC Energy has been selling assets to strengthen its balance sheet and fund capital projects, following its $10.2 billion takeover in 2016 of Columbia Pipeline Group Inc.Coastal GasLink will connect gas fields in western Canada’s prolific Montney shale formation with the C$40 billion LNG Canada project on British Columbia’s coast. The 670-kilometers (416 miles) long pipeline is expected to go into service in 2023.Mubadala, Abu Dhabi’s sovereign wealth fund, spent about $19 billion last year expanding into new industries as it seeks to diversify its economy.\--With assistance from Kevin Orland.To contact the reporters on this story: Gillian Tan in New York at gtan129@bloomberg.net;Mahmoud Habboush in Abu Dhabi at mhabboush@bloomberg.net;Vinicy Chan in New York at vchan91@bloomberg.netTo contact the editors responsible for this story: Liana Baker at lbaker75@bloomberg.net, ;Alan Goldstein at agoldstein5@bloomberg.net, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 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.

  • Is TC Energy Corporation's (TSE:TRP) High P/E Ratio A Problem For Investors?
    Simply Wall St.

    Is TC Energy Corporation's (TSE:TRP) High P/E Ratio A Problem For Investors?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...

  • How Much is TC Energy Corporation's (TSE:TRP) CEO Getting Paid?
    Simply Wall St.

    How Much is TC Energy Corporation's (TSE:TRP) CEO Getting Paid?

    Russ Girling has been the CEO of TC Energy Corporation (TSE:TRP) since 2010. This report will, first, examine the CEO...

  • TransCanada Corporation (TRP) Q2 2019 Earnings Call Transcript
    Motley Fool

    TransCanada Corporation (TRP) Q2 2019 Earnings Call Transcript

    TRP earnings call for the period ending June 30, 2019.

  • GlobeNewswire

    TC Energy declares quarterly dividends

    CALGARY, Alberta, Aug. 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 second quarter financial results

    TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for second quarter 2019 of $1.1 billion or $1.21 per share compared to net income of $785 million or $0.88 per share for the same period in 2018. Comparable earnings for second quarter 2019 were $924 million or $1.00 per common share compared to $768 million or $0.86 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 September 30, 2019, equivalent to $3.00 per common share on an annualized basis.

  • GlobeNewswire

    TC Energy reaches agreement to sell Ontario natural gas-fired power plants for $2.87 billion

    TC Energy Corporation (TRP.TO) (TRP) (TC Energy) announced today that it has entered into an agreement through its wholly-owned subsidiary, TransCanada Energy Ltd., to sell interests in three Ontario natural gas-fired power plants to a subsidiary of Ontario Power Generation Inc., for approximately $2.87 billion. The facilities include the 683-megawatt Halton Hills power plant, the 900-megawatt Napanee generating station which is nearing completion and TC Energy’s 50 per cent interest in the 550-megawatt Portlands Energy Centre. “The sale of these facilities is part of our ongoing efforts to maximize value for our shareholders and fund our industry-leading secured growth program in a disciplined manner,” said Russ Girling, TC Energy President and Chief Executive Officer.

  • Are Insiders Buying TC Energy Corporation (TSE:TRP) Stock?
    Simply Wall St.

    Are Insiders Buying TC Energy Corporation (TSE:TRP) Stock?

    It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

  • GlobeNewswire

    TC Energy to Issue Second Quarter Results August 1

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

  • Reuters

    UPDATE 1-Energy distributor UGI to buy some assets of Columbia Midstream for $1.28 bln

    Energy distributor UGI Corp said on Tuesday it would buy some assets of Columbia Midstream Group from pipeline operator TC Energy Corp for about $1.28 billion to expand its midstream business. Columbia Midstream Group, which operates in the Appalachian Basin, owns four natural gas gathering systems, an interest in a company with gathering, processing and liquids assets, and a pipeline that runs through western Pennsylvania, eastern Ohio and northern West Virginia. UGI Corp unit UGI Energy Services will acquire these assets from a subsidiary of TC Energy.

  • GlobeNewswire

    TC Energy enters agreement to sell Columbia Midstream assets for US$1.275 billion

    News Release -- TC Energy Corporation (TRP.TO) (TRP) (TC Energy) announced today that it has entered into an agreement to sell its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Energy Services, LLC, a subsidiary of UGI Corporation (UGI), for approximately US$1.275 billion (Cdn$1.7 billion). Columbia Midstream Group, which operates in the Appalachian Basin, owns four natural gas gathering systems and an interest in a company with gathering, processing and liquids assets. This sale does not include any interest in Columbia Energy Ventures Company (CEVCO), which is TC Energy’s minerals business in the Appalachian basin.