Skip to Content
Morningstar

TC Energy Corp TRP

Morningstar Rating
Unlock
Stock XNYS Rating as of
$35.70 +0.41 (1.16%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Israel’s Response to Iran’s Strike Confirms Minimal Escalation View; Oil Markets Remain Oversupplied

Stephen Ellis

Israel has launched strikes against Iran in retaliation for an attack on April 14 (see our April 15 note for more analysis). The limited scope of Israel’s attack, which also included targets in Syria and Iraq; Iran's subdued response; and the ample warning Israel provided confirm our view that both parties wish to de-escalate tensions. We’d characterize this as a de-escalation attack. This view is in line with broader US and Group of Seven goals.

Read Full Report

Price vs Fair Value

View History
TRP is trading at a 25% discount.
Price
$35.29
Fair Value
$61.00
Uncertainty
Medium
1-Star Price
$42.69
5-Star Price
$87.80
Economic Moat
Yjcmp
Capital Allocation
Kcwrtrz

Bulls Say, Bears Say

Bulls

TC Energy has strong growth opportunities in Mexican natural gas as well as liquefied natural gas.

Bears

The firm is still expected to rely on capital markets for about 20% of its spending program, while Canadian and US peers are already generating free cash flow after dividends.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if TRP is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$35.29
Day Range
$35.30–36.01
52-Week Range
$32.52–42.49
Bid/Ask
$35.75 / $37.28
Market Cap
$37.04 Bil
Volume/Avg
7.3 Mil / 3.4 Mil

Key Statistics

Price/Earnings (Normalized)
11.13
Price/Sales
3.08
Dividend Yield (Trailing)
7.84%
Dividend Yield (Forward)
5.81%
Total Yield
7.87%

Company Profile

TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,300 megawatts of electric power.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Large Value
Total Number of Employees
7,415
Website
https://www.tcenergy.com

Competitors

Valuation

View More
Metric
TRP
WMB
ENB
Price/Earnings (Normalized)
 11.1319.6816.38
Price/Book Value
 1.803.701.75
Price/Sales
 3.084.212.16
Price/Cash Flow
 6.957.857.92
Price/Earnings
TRP
WMB
ENB

Financial Strength

Metric
TRP
WMB
ENB
Quick Ratio
 0.680.650.62
Current Ratio
 0.960.770.83
Interest Coverage
 2.464.503.04
Quick Ratio
TRP
WMB
ENB

Profitability

Metric
TRP
WMB
ENB
Return on Assets (Normalized)
 3.89%4.67%3.23%
Return on Equity (Normalized)
 15.19%19.77%10.46%
Return on Invested Capital (Normalized)
 6.59%8.25%6.00%
Return on Assets
TRP
WMB
ENB
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Oil & Gas Midstream Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ENB
Enbridge IncZfpvwldnLtpwzfp$72.0 Bil
EPD
Enterprise Products Partners LPSvnzrclqrbDgzj$61.7 Bil
ET
Energy Transfer LPRgxwXbkk$52.3 Bil
WMB
Williams Companies IncWqmxvksRhkyj$45.9 Bil
OKE
ONEOK IncFytwkjlKxzvrp$45.5 Bil
MPLX
MPLX LP Partnership UnitsQpzptdchTldcpwc$40.6 Bil
KMI
Kinder Morgan Inc Class PWqjhwddrPblxm$40.4 Bil
LNG
Cheniere Energy IncYyvmnbzZhc$37.0 Bil
TRGP
Targa Resources CorpHrpsnzdsQgxbh$24.9 Bil

Sponsor Center