TRP.TO - TC Energy Corporation

Toronto - Toronto Delayed Price. Currency in CAD
72.32
+0.26 (+0.36%)
At close: 4:00PM EST
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Previous Close72.06
Open72.00
Bid72.31 x N/A
Ask72.32 x N/A
Day's Range71.82 - 72.40
52 Week Range54.61 - 72.40
Volume2,119,427
Avg. Volume1,858,128
Market Cap66.851B
Beta (5Y Monthly)1.04
PE Ratio (TTM)16.88
EPS (TTM)4.28
Earnings DateFeb 12, 2020
Forward Dividend & Yield3.00 (4.23%)
Ex-Dividend DateDec 29, 2019
1y Target Est53.14
  • GlobeNewswire

    TC Energy to issue fourth quarter and year-end results February 13

    CALGARY, Alberta, Jan. 23, 2020 -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Thursday, February 13, 2020 to.

  • Reuters

    Indigenous group vows peaceful pipeline opposition as Canadian police clamp down

    An indigenous group that opposes construction of the Coastal GasLink pipeline in British Columbia will refuse workers access to their land, but in peaceful fashion, according to one of its chiefs. The statement comes after Royal Canadian Mounted Police (RCMP) established a checkpoint on Monday for access to a remote, forested area along Coastal GasLink's route, aiming to avoid a repeat of protests a year ago that resulted in arrests. Coastal has the support of all First Nations along the route, but hereditary chiefs of Wet'suwet'en Nation, through which 28% of the 670-kilometre (420-mile) route passes, oppose it.

  • GlobeNewswire

    TC Energy announces the partial monetization of the Coastal GasLink Pipeline Project

    News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has entered into an agreement to sell a 65 per cent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project) to KKR and Alberta Investment Management Corporation (AIMCo) on behalf of certain AIMCo clients. Concurrent with the completion of the sale, TC Energy expects that Coastal GasLink will enter into a secured project financing construction credit facility with a syndicate of banks to fund up to 80 per cent of the Project during construction.

  • GlobeNewswire

    TC Energy reports results of Conversion Privilege for Series 1 and Series 2 preferred shares

    News Release – TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that 173,954 of its 9,498,423 fixed rate Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) have been elected for conversion on December 31, 2019, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares); and 5,252,715 of its 12,501,577 Series 2 Shares have been elected for conversion, on a one-for-one basis, into Series 1 Shares. As a result of the conversions, TC Energy will have 14,577,184 Series 1 Shares and 7,422,816 Series 2 Shares issued and outstanding. The Series 1 Shares will pay on a quarterly basis, for the five-year period beginning on December 31, 2019, as and when declared by the Board of Directors of TC Energy, a fixed dividend at an annualized rate of 3.479 per cent.

  • GlobeNewswire

    TC Energy reaches long-term toll settlement with customers on the Canadian Mainline

    News Release -- TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that its wholly owned subsidiary, TransCanada PipeLines Limited, has filed an application with the Canada Energy Regulator (CER) for approval of a six-year negotiated and unanimously supported settlement with its customers and other interested parties on Canadian Mainline tolls. TransCanada PipeLines Limited has requested timely approval of the unanimous settlement to ensure certainty before terms come into effect in January 2021. The Canadian Mainline is comprised of approximately 14,100 kilometres (8,761 miles) of pipeline and associated facilities and primarily transports Western Canadian Sedimentary Basin (WCSB) natural gas for delivery across the Prairie provinces and to markets in Eastern Canada and the United States.

  • GlobeNewswire

    TC Energy Declares Quarterly Dividends

    CALGARY, Alberta, Dec. 11, 2019 -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that the Board of Directors (Board) of TC.

  • Is TC Energy Corporation (TRP) A Good Stock To Buy?
    Insider Monkey

    Is TC Energy Corporation (TRP) A Good Stock To Buy?

    With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was TC Energy Corporation (NYSE:TRP). Is TC Energy Corporation (NYSE:TRP) undervalued? The best […]

  • Canadian pipeline giant to consolidate office footprint in Houston
    American City Business Journals

    Canadian pipeline giant to consolidate office footprint in Houston

    The company is moving its Galleria-area employees to additional space it has leased downtown in a newly renamed tower.

  • GlobeNewswire

    TC Energy provides dividend rate notice for Series 1 and 2 preferred shares

    News Release -- TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that it has notified the registered shareholders of the applicable dividend rates for its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) and its Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares). As previously announced in the Company’s news release dated November 21, 2019, holders of the Series 1 Shares have the right on December 31, 2019 to convert, on a one-for-one basis, any or all of their Series 1 Shares into Series 2 Shares and receive a floating rate quarterly dividend, or retain any or all of their Series 1 Shares and receive a new fixed rate quarterly dividend. Holders of the Series 2 Shares have the right on December 31, 2019 to convert, on a one-for-one basis, any or all of their Series 2 Shares into Series 1 Shares and receive a fixed rate quarterly dividend, or retain any or all of their Series 2 Shares and receive a floating rate quarterly dividend.

  • GlobeNewswire

    TC Energy provides Series 1 & 2 Preferred Shares conversion right

    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 1 (Series 1 Shares) and Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares) on December 31, 2019. In either case, TC Energy will issue a news release to that effect no later than December 23, 2019.

  • Reuters

    UPDATE 1-Keystone operator TC Energy sees EBITDA exceeding C$10 bln in 2022

    Canada's TC Energy said on Tuesday it expects comparable earnings before interest, taxes, depreciation and amortization to exceed C$10 billion ($7.57 billion) in 2022, driven by long-term contracts and assets. The Keystone pipeline operator also said it expects dividend to grow at an average annual rate of 8% to 10% through 2021 and 5% to 7% beyond 2021. 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 to highlight sustainable long-term growth at Investor Day

    News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the company) will host its annual Investor Day today where it will provide a financial update and review strategic plans for its natural gas pipelines, liquids pipelines and power and storage businesses in Canada, the United States and Mexico. “Our $100 billion portfolio of high-quality, long-life energy infrastructure assets are expected to generate record financial results again in 2019 underpinned by strong market fundamentals,” said Russ Girling, TC Energy’s president and chief executive officer. As those projects enter service, TC Energy expects comparable earnings before interest, taxes, depreciation and amortization (EBITDA) to exceed $10 billion in 2022.

  • 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 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

  • 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...