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How to buy TC Energy stock
Learn how to easily invest in TC Energy stock.
TC Energy Corp is an oil & gas midstream business based in the US. TC Energy shares (TRP) are listed on the NYSE and all prices are listed in US Dollars. TC Energy employs 7,017 staff and has a trailing 12-month revenue of around $14 billion.
How to buy shares in TC Energy
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – TRP – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- TRP shares summary
- Compare share dealing platforms
- Is TRP stock a buy or sell?
- Stock performance over time
- Is TRP suitable for ethical investing?
- Are TRP shares over-valued?
- TC Energy's financials
- How volatile are TRP shares?
- Does TC Energy pay a dividend?
- Have TRP shares ever split?
- Other common questions
TC Energy stock price (NYSE: TRP)Use our graph to track the performance of TRP stocks over time.
TC Energy shares at a glance
|Latest market close||$40.29|
|52-week range||$41.96 - $58.61|
|50-day moving average||$49.89|
|200-day moving average||$52.35|
|Wall St. target price||$55.58|
|Dividend yield||$3.54 (6.44%)|
|Earnings per share (TTM)||$2.38|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy TC Energy stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
TC Energy price performance over time
|1 week (2022-09-26)||-4.68%|
|1 month (2022-09-02)||-16.11%|
|3 months (2022-07-01)||-23.42%|
|6 months (2022-04-01)||-29.45%|
|1 year (2021-10-01)||-17.18%|
|2 years (2020-10-02)||-4.09%|
|3 years (2019-10-03)||50.85|
|5 years (2017-10-03)||49.05|
Is TC Energy stock undervalued or overvalued?
Valuing TC Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TC Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TC Energy's P/E ratio
TC Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, TC Energy shares trade at around 18x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
TC Energy's PEG ratio
TC Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.3691. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TC Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
TC Energy's EBITDA
TC Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $8.8 billion.
The EBITDA is a measure of a TC Energy's overall financial performance and is widely used to measure a its profitability.
TC Energy financials
|Revenue TTM||$14 billion|
|Operating margin TTM||45%|
|Gross profit TTM||$9.4 billion|
|Return on assets TTM||3.73%|
|Return on equity TTM||10.19%|
|Market capitalisation||$43.1 billion|
TTM: trailing 12 months
TC Energy's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like TC Energy.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
TC Energy's total ESG risk score
Total ESG risk: 25.16
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and TC Energy's overall score of 25.16 (as at 12/31/2018) is nothing to write home about – landing it in it in the 43rd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like TC Energy is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
TC Energy's environmental score
Environmental score: 13.03/100
TC Energy's environmental score of 13.03 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that TC Energy is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
TC Energy's social score
Social score: 10.73/100
TC Energy's social score of 10.73 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that TC Energy is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
TC Energy's governance score
Governance score: 3.4/100
TC Energy's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that TC Energy is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
TC Energy's controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. TC Energy scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that TC Energy hasn't always managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||25.16|
|Total ESG percentile||42.52|
|Environmental score percentile||2|
|Social score percentile||2|
|Governance score percentile||2|
|Level of controversy||3|
TC Energy share dividends
Dividend payout ratio: 67.3% of net profits
Recently TC Energy has paid out, on average, around 67.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.44% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TC Energy shareholders could enjoy a 6.44% return on their shares, in the form of dividend payments. In TC Energy's case, that would currently equate to about $3.54 per share.
TC Energy's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
TC Energy's most recent dividend payout was on 30 October 2022. The latest dividend was paid out to all shareholders who bought their shares by 27 September 2022 (the "ex-dividend date").
Have TC Energy's shares ever split?
TC Energy's shares were split on a 2:1 basis on 12 February 1984. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your TC Energy shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for TC Energy shares which in turn could have impacted TC Energy's share price.
TC Energy share price volatility
Over the last 12 months, TC Energy's shares have ranged in value from as little as $41.96 up to $58.6052. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while TC Energy's is 0.7935. This would suggest that TC Energy's shares are less volatile than average (for this exchange).
TC Energy overview
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U. S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Storage. The company builds and operates 93,300 km network of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.
TC Energy in the news
TC Energy (TSE:TRP) shareholders have lost 4.0% over 3 years, earnings decline likely the culprit
Bullish TC Energy Corporation (TSE:TRP) investors are yet to receive a pay off on their CA$4.0m bet
Frequently asked questionsWhat percentage of TC Energy is owned by insiders or institutions?
Currently 0.109% of TC Energy shares are held by insiders and 78.435% by institutions. How many people work for TC Energy?
Latest data suggests 7,017 work at TC Energy. When does the fiscal year end for TC Energy?
TC Energy's fiscal year ends in December. Where is TC Energy based?
TC Energy's address is: 450 - 1 Street SW, Calgary, AB, Canada, T2P 5H1 What is TC Energy's ISIN number?
TC Energy's international securities identification number is: CA87807B1076 What is TC Energy's CUSIP number?
TC Energy's Committee on Uniform Securities Identification Procedures number is: 87807B107
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