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TC Energy Corp TRP Stock Quote

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  • Last Close 35.67
  • Sector Energy
  • Industry Oil & Gas Midstream
  • Investment Style Large Value
  • Day Range 35.58  –  36.35
  • Year Range 33.02  –  49.51
  • Market Cap 35.6700 Bil
  • Volume / Avg 3.9 Mil /  3.0 Mil
  • Price / Sales 3.12
  • Price / Book 1.55
  • Forward Div Yield 6.75%
  • Trailing Div Yield 12.87%

Morningstar‘s Stock Analysis TRP

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Is it the right time to buy or sell?

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5-Star Price


Economic Moat


Capital Allocation


TC Energy Completes Its CAD 5 Billion-Plus Asset Sale as Expected With Columbia JV

Stephen Ellis Sector Strategist

Business Strategy and Outlook

| Stephen Ellis |

TC Energy faces many of the same challenges as Canadian pipeline peer Enbridge but also offers important contrasts. Both firms offer a 5%-7% growth profile and a utilitylike 95%-98% of earnings that are highly regulated or contracted, with several years of project backlog, despite Enbridge largely focusing on oil assets, while TC’s focus is natural gas. However, we also anticipate that any major new pipeline project for either firm will face substantial stakeholder challenges from a legal, regulatory, or community perspective, raising the risks and costs.

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Key Statistics TRP

Company Profile TRP

Business Description

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.

450 - 1st Street SW
Calgary, AB, T2P 5H1, CAN
Sector Energy
Industry Oil & Gas Midstream
Employees 7,477

Related Articles TRP

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TRP’s competitive advantage.

TC Energy Corp


Williams Companies Inc


Enbridge Inc


Pembina Pipeline Corp

−$0.78 (2.14%) −$0.38 (1.12%) −$0.82 (1.77%) −$0.63 (1.54%)
Market Cap
35.67 Bil40.85 Bil96.82 Bil22.17 Bil
Oil & Gas Midstream Oil & Gas Midstream Oil & Gas Midstream Oil & Gas Midstream

* Trading data in this section is delayed by at least 15 minutes.

FAQs for TC Energy Corp Stock

Yes. TRP has a forward dividend yield of 7.90%. See TRP’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TRP’s market cap is 35.67 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TRP’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TRP’s price/sales is 3.12.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TRP’s price/forward earnings is 53.14.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TRP’s price/book is 1.55.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See TRP’s valuation ratios compared to the Market Index.

TRP’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TRP’s historical performance against its industry peers and the overall market.