TRP - TC Energy Corporation

NYSE - NYSE Delayed Price. Currency in USD
41.77
+0.61 (+1.48%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close41.16
Open41.07
Bid41.71 x 900
Ask41.72 x 800
Day's Range41.07 - 41.81
52 Week Range32.37 - 57.92
Volume1,221,253
Avg. Volume1,739,796
Market Cap39.475B
Beta (5Y Monthly)0.73
PE Ratio (TTM)15.03
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.39 (5.80%)
Ex-Dividend DateJun 29, 2020
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-9% Est. Return
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News
Press Releases
  • GlobeNewswire

    TC Energy reports results of Conversion Privilege for Series 3 and Series 4 preferred shares

    News Release – TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that 401,590 of its 8,533,405 fixed rate Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) have been elected for conversion on June 30, 2020, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares); and 1,865,362 of its 5,466,595 Series 4 Shares have been elected for conversion, on a one-for-one basis, into Series 3 Shares. As a result of the conversions, TC Energy will have 9,997,177 Series 3 Shares and 4,002,823 Series 4 Shares issued and outstanding. The Series 3 Shares will pay on a quarterly basis for the five-year period beginning on June 30, 2020, as and when declared by the Board of Directors of TC Energy, a fixed dividend at an annualized rate of 1.694%.

  • GlobeNewswire

    TC Energy Summer Scholars Academy encourages enrollment in science, technology, engineering and math programs at the University of Houston

    Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and the TC Energy Foundation are proud to announce the donation of US$50,000 to the University of Houston’s College of Natural Sciences and Mathematics (NSM) to support a summer program that enables high school students interested in science, technology, engineering or math (STEM) majors to prepare for the transition to college. The intensive, nine-week program, TC Energy Summer Scholars Academy, kicked off on June 9 and provides support to 50 students, many of whom are the first generation in their family to attend college.

  • GlobeNewswire

    TC Energy provides conversion right and dividend rate notice for Series 3 and 4 preferred shares

    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 3 (Series 3 Shares) and Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares) on June 30, 2020. Beneficial owners of Series 3 Shares and Series 4 Shares who want to exercise their right of conversion should communicate as soon as possible with their broker or other nominee and ensure that they follow their instructions in order to meet the deadline to exercise such right, which is 5 p.m. (EDT) on June 15, 2020.

  • GlobeNewswire

    TC Energy completes partial monetization and project financing transactions for Coastal GasLink

    News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project). In addition, the Coastal GasLink Pipeline Limited Partnership has executed a credit agreement with a syndicate of banks extending non-recourse project-level financing to fund the majority of the construction costs for the Project which, with the closing of the equity sale, are available to be drawn.

  • TC Energy Goes All-In on AWS
    Business Wire

    TC Energy Goes All-In on AWS

    Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that TC Energy is going all-in on the world’s leading cloud, moving its entire infrastructure to AWS. The North American energy company, headquartered in Canada, has migrated almost 90 percent of its corporate and commercial applications, including its SAP platform, to AWS. TC Energy is leveraging the breadth and depth of AWS services, including machine learning, analytics, database, serverless, storage, and compute to deliver energy and generate power more efficiently for millions of homes in North America. The migration also positioned TC Energy to respond quickly to the evolving COVID-19 situation, with TC Energy employees using Amazon WorkSpaces virtual desktops remotely – which extend the functionality of in-office software resources to at-home users – to work securely from home.

  • GlobeNewswire

    TC Pipelines, LP announces 2020 first quarter financial results

    Generating solid results and distributions while delivering essential services HOUSTON, May 06, 2020 -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported net.

  • GlobeNewswire

    TC Energy’s #BetterTogether Campaign to triple donations in support of those affected by COVID-19

    Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) is proud to announce that beginning today its #BetterTogether Campaign is matching all donations made through the TC Energy Giving Portal at 200 per cent up to its goal of $500,000 to support COVID-19 relief efforts across North America. Donations will increase food security for those struggling to make ends meet, provide support to those on the front lines, and help organizations continue meeting the urgent needs of their communities.

  • GlobeNewswire

    TC Energy announces 2020 annual meeting Board of Directors election results

    CALGARY, Alberta, May 01, 2020 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2020 annual meeting of.

  • ACCESSWIRE

    TC Energy Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 1, 2020 / TC Energy Corp. (NYSE:TRP) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 1, 2020 at 3:00 PM Eastern Time. ...

  • GlobeNewswire

    TC Energy declares quarterly dividends

    CALGARY, Alberta, May 01, 2020 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared.

  • GlobeNewswire

    TC Energy reports strong first quarter financial results

    TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for first quarter 2020 of $1.15 billion or $1.22 per share compared to net income of $1.0 billion or $1.09 per share for the same period in 2019. Comparable earnings for first quarter 2020 were $1.1 billion or $1.18 per common share compared to $1.0 billion or $1.07 per common share in 2019. TC Energy's Board of Directors also declared a quarterly dividend of $0.81 per common share for the quarter ending June 30, 2020, equivalent to $3.24 per common share on an annualized basis.

  • GlobeNewswire

    TC Energy completes the sale of Ontario natural gas-fired power plants for proceeds of $2.8 billion

    News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today announced that it has completed the sale of its interests in three Ontario natural gas-fired power plants to a subsidiary of Ontario Power Generation Inc. for net proceeds of approximately $2.8 billion prior to post-closing adjustments. The facilities include the 683-megawatt Halton Hills power plant, the 900-megawatt Napanee generating station and TC Energy’s 50 per cent interest in the 550-megawatt Portlands Energy Centre. “Completing this transaction further strengthens our financial position, helps fund our industry-leading secured capital program and maximizes value for our shareholders,” said Russ Girling, TC Energy President and Chief Executive Officer.

  • GlobeNewswire

    TC Energy reaches five-year revenue requirement settlement with NGTL System customers

    CALGARY, Alberta, April 24, 2020 (GLOBE NEWSWIRE) -- – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has reached a five-year negotiated revenue requirement settlement with its customers and other interested parties that extends from 2020 to 2024. “This settlement is the result of a collaborative engagement with our customers and is responsive to the needs of both the industry and our business,” said Russ Girling, TC Energy President and Chief Executive Officer.

  • GlobeNewswire

    TC PipeLines, LP to release first quarter 2020 results on May 6

    News Release – TC PipeLines, LP (TCP) (the Partnership) will release its first quarter 2020 financial results on Wednesday, May 6 pre-market. Nathan Brown, President of the General Partner, along with other members of management, will discuss the Partnership’s financial results and latest developments in a teleconference and webcast on Wednesday, May 6 at 10 a.m. (CDT) / 11 a.m. (EDT). A live webcast will also be available through the Partnership’s website at TCPipeLinesLP.com/events or via the following URL: http://www.gowebcasting.com/10573.

  • GlobeNewswire

    TC Energy to issue first quarter results May 1

    CALGARY, Alberta, April 16, 2020 -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, May 1,.

  • GlobeNewswire

    TC Energy announces change to annual meeting format

    News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today it will hold its upcoming annual meeting of common shareholders (AGM) on May 1, 2020 at 10 a.m. (MDT) in a virtual-only format. This approach aligns with our commitment to the health and wellbeing of employees, shareholders, communities and other stakeholders, and with directives from public health and government officials relating to physical distancing and large group gatherings during the COVID-19 pandemic. The virtual meeting format will enable shareholders and duly appointed proxyholders to vote, ask questions and provide feedback to TC Energy.

  • GlobeNewswire

    TC Energy to Build Keystone XL Pipeline

    CALGARY, Alberta and HOUSTON, March 31, 2020 (GLOBE NEWSWIRE) -- – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it will proceed with construction of the Keystone XL Pipeline Project (the Project), resulting in an investment of approximately US$8.0 billion into the North American economy. “We appreciate the ongoing backing of landowners, customers, Indigenous groups and numerous partners in the U.S. and Canada who helped us secure project support and key regulatory approvals as this important energy infrastructure project is poised to put thousands of people to work, generate substantial economic benefits and strengthen the continent’s energy security,” said Russ Girling, TC Energy’s President and Chief Executive Officer.

  • GlobeNewswire

    TC Energy signs letter of intent to acquire Pioneer Pipeline

    CALGARY, Alberta, March 12, 2020 -- Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today announced that its wholly owned subsidiary, NOVA Gas Transmission.

  • GlobeNewswire

    TC PipeLines, LP announces filing of 2019 annual report on form 10-K and availability of audited financial statements

    HOUSTON, Feb. 21, 2020 -- TC PipeLines, LP (NYSE: TCP) (the Partnership) filed its Annual Report on Form 10-K for the year ended December 31, 2019 (the “Annual Report”) with.

  • GlobeNewswire

    TC PipeLines, LP announces 2019 fourth quarter and year-end financial results

    HOUSTON, Feb. 20, 2020 -- TC PipeLines, LP (NYSE: TCP) (the Partnership) reported today fourth quarter 2019 net income attributable to controlling interests of $76 million and.

  • GlobeNewswire

    TC Energy files 2019 annual disclosure documents

    The Company’s Annual Information Form for the year ended December 31, 2019. In addition, TC Energy filed its Form 40-F for the year ended December 31, 2019 with the United States Securities and Exchange Commission.

  • GlobeNewswire

    TC Energy reports record 2019 financial results

    TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for fourth quarter 2019 of $1.1 billion or $1.18 per share compared to net income of $1.1 billion or $1.19 per share for the same period in 2018. For the year ended December 31, 2019, net income attributable to common shares was $4.0 billion or $4.28 per share compared to net income of $3.5 billion or $3.92 per share in 2018. Comparable earnings for fourth quarter 2019 were $970 million or $1.03 per common share compared to $946 million or $1.03 per common share for the same period in 2018.

  • GlobeNewswire

    TC Energy announces $1.3 billion of system expansions to connect Western Canadian Sedimentary Basin supply to incremental market demand

    CALGARY, Alberta, Feb. 13, 2020 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that it has approved two new expansion projects totaling.

  • GlobeNewswire

    Capstone Infrastructure Corporation Announces the Acquisition of a 132 MWac Solar Development Project in Alberta

    Capstone Infrastructure Corporation (TSX:CSE.PR.A) (the "Corporation" or "Capstone") is pleased to announce it acquired a 51% interest in the 132 MWac Claresholm Solar Project from Perimeter Solar Inc. (“Perimeter”). The Claresholm Solar Project is located in the Municipal District of Willow Creek, Alberta. In 2019, the project received regulatory approvals from the Alberta Utilities Commission and executed a 74 MWac power purchase agreement with TC Energy Corporation (TSX, NYSE: TRP) (see https://perimetersolar.ca/news-claresholm-solar-project/).

  • 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.