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Tc Energy Corporation (NYSE: TRP) |
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Price: $60.6400
$-1.27 
-2.051%
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| Day's High:
| $62.09000015258789
| Week Perf:
| -3.15 %
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| Day's Low: |
$ 60.63 |
30 Day Perf: |
-4.67 % |
| Volume (M): |
455,069 |
52 Wk High: |
$ 71.47 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$60.61 |
| Open: |
$62.06 |
52 Wk Low: |
$49.27 |
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| Market Capitalization (Millions $) |
63,066 |
| Shares
Outstanding (Millions) |
1,040 |
| Employees |
7,000 |
| Revenues (TTM) (Millions $) |
11,673 |
| Net Income (TTM) (Millions $) |
3,136 |
| Cash Flow (TTM) (Millions $) |
-485 |
| Capital Exp. (TTM) (Millions $) |
4,049 |
Business Description
TC Energy Corporation is a leading energy company that operates primarily in North America. With its headquarters in Calgary, Alberta, Canada, the company has established itself as a major player in the oil and gas industry. TC Energy was originally founded in 1951 as Trans-Canada Pipelines Limited, later renamed TransCanada Corporation, and was rebranded as TC Energy in May 2019.
TC Energy's business consists of three segments: Natural Gas Pipelines, Oil Pipelines, and Power and Storage. The Natural Gas Pipelines segment includes the company's natural gas pipelines and related assets, which transport natural gas to market centers across North America. The Oil Pipelines segment includes the Keystone Pipeline System, which transports crude oil from Alberta to the Gulf Coast, as well as other oil pipelines and related assets. The Power and Storage segment includes TC Energy's power plants and energy storage facilities.
TC Energy operates a vast network of pipelines and facilities across North America, which span over 57,000 miles, connecting natural gas and crude oil producers with key markets in Canada, the United States, and Mexico. The company also operates a large number of power-generation facilities, including hydroelectric, wind, solar, and natural gas-fired power plants.
TC Energy has a strong commitment to sustainable development, implementing responsible practices in its operations and projects. In this regard, the company strives to minimize its environmental footprint, reduce greenhouse gas emissions, and protect biodiversity. For example, TC Energy developed a biodiversity management framework that guides the company's projects and operations.
The company has a highly skilled and dedicated workforce of over 7,000 employees, committed to delivering safe and reliable energy transportation and generation services. To provide world-class customer service, TC Energy has developed a comprehensive health and safety program, adhering to strict environmental and safety standards.
Overall, TC Energy is a leader in the energy industry, providing critical energy infrastructure and services to North America's markets. The company's focus on sustainability, operational excellence and customer service, makes it a reliable and trusted partner for its stakeholders.
Company Address: TC Energy Tower, 450 - 1 Street S.W. Calgary 0 AB
Company Phone Number: 920-2000 Stock Exchange / Ticker: NYSE TRP
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| Stock Performances by Major Competitors |
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| Dividend
Published Thu, Nov 7 2024 11:36 AM UTC
On November 7, 2024, TC Energy Corporation confirmed its commitment to shareholder returns with the declaration of a quarterly dividend of $0.8225 per common share for the period ending December 31, 2024. This dividend, payable on January 31, 2025, reflects the company’s financial health and strategic direction following its recent spinoff transaction. The announcement, ma...
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| Shares
Published Wed, Oct 30 2024 11:30 AM UTC
Calgary, Alberta October 30, 2024 Today, TC Energy Corporation (TSX, NYSE: TRP) announced a significant step in its financial strategy, notably affecting its preferred shareholders. With the successful tendering of 1,297,203 out of 18,000,000 Series 9 Shares, these shares have been converted, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred ...
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| Shares
Published Wed, Oct 23 2024 11:31 AM UTC
In a strategic shift reflecting evolving investor preferences, TC Energy Corporation (TSX, NYSE: TRP) recently announced the results of its Series 9 Shares conversion elections, revealing that 1,297,203 of its 18 million fixed-rate Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) will be converted into floating-rate Cumulative Redeemable First Preferr...
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| Financing Agreement
Published Tue, Oct 1 2024 1:02 PM UTC
TC Energy Corporation: Strengthening Indigenous Partnerships and Maintaining Financial Health Amid Market DynamicsIn an important press release dated September 10, 2024, TC Energy Corporation (TSX, NYSE: TRP) provided a comprehensive update on developments affecting the companyns financial standing and strategic initiatives, particularly concerning its Indigenous partnershi...
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| Management Announcement
Published Tue, Sep 10 2024 11:31 AM UTC
TC Energy s Equity Interest Purchase Update Signals Strengthened Indigenous Partnership and Expansion of Assets
In a recent news release, TC Energy Corporation (TSX, NYSE: TRP) provided an update on its equity interest purchase transaction with an Indigenous-owned investment partnership. This partnership was formed to acquire a minority equity interest in the NGTL System...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
2.5 $ |
| Revenues (TTM) |
11.22 $
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| Cash Flow (TTM) |
- |
| Cash |
0.12 $
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| Book Value |
27.18 $
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| Dividend (TTM) |
2.5 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
1,667,582 |
| Net
Income per Employee (TTM) |
448,001 |
| Receivable Turnover Ratio (TTM) |
5.45 |
| Inventory Turnover Ratio (TTM) |
0.27 |
| Asset Turnover Ratio (TTM) |
0.12 |
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| Per Share |
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| Earnings (TTM) |
2.5 $
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| Revenues (TTM) |
11.22 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.12 $
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| Book Value |
27.18 $ |
| Dividend (TTM) |
2.5 $ |
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| Intereliminations |
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 -1.29 % |
of total Revenue |
| segments |
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99.91 % |
of total Revenue |
| Corporate |
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0.09 % |
of total Revenue |
| Canadian Natural Gas Pipelines |
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37.96 % |
of total Revenue |
| Canadian Natural Gas Pipelines segments |
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37.96 % |
of total Revenue |
| U S Natural Gas Pipelines |
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46.89 % |
of total Revenue |
| U S Natural Gas Pipelines Intereliminations |
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-0.85 % |
of total Revenue |
| U S Natural Gas Pipelines segments |
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46.89 % |
of total Revenue |
| Mexico Natural Gas Pipelines |
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9.52 % |
of total Revenue |
| Mexico Natural Gas Pipelines segments |
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9.52 % |
of total Revenue |
| Power and Energy Solutions |
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5.54 % |
of total Revenue |
| Power and Energy Solutions Intereliminations |
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-0.45 % |
of total Revenue |
| Power and Energy Solutions segments |
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5.54 % |
of total Revenue |
| Canada domestic |
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36.86 % |
of total Revenue |
| Canada export |
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6.35 % |
of total Revenue |
| United States |
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47.27 % |
of total Revenue |
| Mexico |
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9.52 % |
of total Revenue |
| Capacity arrangements and transportation segments |
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78.27 % |
of total Revenue |
| Power generation segments |
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1.55 % |
of total Revenue |
| Natural gas storage and other segments |
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11.81 % |
of total Revenue |
| Canadian Natural Gas Pipelines Capacity arrangements and transportation segments |
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37.96 % |
of total Revenue |
| U S Natural Gas Pipelines Capacity arrangements and transportation segments |
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37.39 % |
of total Revenue |
| U S Natural Gas Pipelines Natural gas storage and other segments |
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7.49 % |
of total Revenue |
| Mexico Natural Gas Pipelines Capacity arrangements and transportation segments |
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2.92 % |
of total Revenue |
| Mexico Natural Gas Pipelines Natural gas storage and other segments |
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1.43 % |
of total Revenue |
| Power and Energy Solutions Power generation segments |
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1.55 % |
of total Revenue |
| Power and Energy Solutions Natural gas storage and other segments |
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2.89 % |
of total Revenue |
| TGNH Non-lease components |
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1.26 % |
of total Revenue |
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0.08%