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How to buy TC Energy Corporation stock in Canada | $62.7
Own TC Energy Corporation shares in just a few minutes.
TC Energy Corporation is an oil & gas midstream business based in Canada. TC Energy Corporation stocks (TRP.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$61.92 – an increase of 2.65% over the previous week. TC Energy Corporation employs 7,283 staff and has a trailing 12-month revenue of around C$13.1 billion.
How to buy TC Energy Corporation stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: TRP in this case.
- Research TC Energy Corporation stocks. The platform should provide the latest information available.
- Buy your TC Energy Corporation stocks. It's that simple.
Is it a good time to buy TC Energy Corporation 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.
What's in this guide?
- Can I buy shares in TC Energy Corporation?
- Has coronavirus impacted TC Energy Corporation shares?
- TC Energy Corporation shares summary
- Compare share dealing platforms
- Is TC Energy Corporation stock a buy or sell?
- TC Energy Corporation performance over time
- Can I short TC Energy Corporation shares?
- Is TC Energy Corporation suitable for ethical investing?
- Are TC Energy Corporation shares over-valued?
- TC Energy Corporation's financials
- How volatile are TC Energy Corporation shares?
- Does TC Energy Corporation pay a dividend?
- Other common questions
How has Coronavirus impacted TC Energy Corporation's stock price?
Since the stock market crash in March caused by coronavirus, TC Energy Corporation's stock price has had significant negative movement.
Its last market close was C$62.7, which is 17.37% down on its pre-crash value of C$75.88 and 33.26% up on the lowest point reached during the March crash when the stocks fell as low as C$47.05.
If you had bought C$1,000 worth of TC Energy Corporation stocks at the start of February 2020, those stocks would have been worth C$669.09 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$865.89.
TC Energy Corporation stock priceUse our graph to track the performance of TRP stocks over time.
TC Energy Corporation stocks at a glance
|Latest market close||C$62.7|
|52-week range||C$48.4218 - C$64.5201|
|50-day moving average||C$60.3997|
|200-day moving average||C$60.4157|
|Wall St. target price||C$69.4|
|Dividend yield||C$3.36 (5.51%)|
|Earnings per share (TTM)||C$2.049|
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Note: The dollar amounts in the table below are in Canadian dollars.
TC Energy Corporation price performance over time
|1 week (2021-09-09)||2.75%|
|1 month (2021-08-19)||6.91%|
|3 months (2021-06-18)||-2.00%|
|6 months (2021-03-19)||9.58%|
|1 year (2020-09-18)||3.69%|
|2 years (2019-09-19)||-7.08%|
|3 years (2018-09-19)||15.41%|
|5 years (2016-09-19)||1.01%|
Is TC Energy Corporation under- or over-valued?
Valuing TC Energy Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TC Energy Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TC Energy Corporation's P/E ratio
TC Energy Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, TC Energy Corporation stocks trade at around 30x recent earnings.
TC Energy Corporation's PEG ratio
TC Energy Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.97. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TC Energy Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
TC Energy Corporation's EBITDA
TC Energy Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is CADC$8.7 billion.
The EBITDA is a measure of a TC Energy Corporation's overall financial performance and is widely used to measure a its profitability.
TC Energy Corporation financials
|Revenue TTM||CADC$13.1 billion|
|Operating margin TTM||46.8%|
|Gross profit TTM||CADC$9.2 billion|
|Return on assets TTM||3.76%|
|Return on equity TTM||6.94%|
|Market capitalisation||CADC$59.8 billion|
TTM: trailing 12 months
How to short and sell TC Energy Corporation stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "TRP.TO"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 35.7 million TC Energy Corporation stocks held short by investors – that's known as TC Energy Corporation's "short interest". This figure is 1.8% down from 36.3 million last month.
There are a few different ways that this level of interest in shorting TC Energy Corporation stocks can be evaluated.
TC Energy Corporation's "short interest ratio" (SIR)
TC Energy Corporation's "short interest ratio" (SIR) is the quantity of TC Energy Corporation stocks currently shorted divided by the average quantity of TC Energy Corporation stocks traded daily (recently around 1.9 million). TC Energy Corporation's SIR currently stands at 19.09. In other words for every 100,000 TC Energy Corporation stocks traded daily on the market, roughly 19090 stocks are currently held short.
However TC Energy Corporation's short interest can also be evaluated against the total number of TC Energy Corporation stocks, or, against the total number of tradable TC Energy Corporation stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TC Energy Corporation's short interest could be expressed as 0.04% of the outstanding stocks (for every 100,000 TC Energy Corporation stocks in existence, roughly 40 stocks are currently held short) or 0.0364% of the tradable stocks (for every 100,000 tradable TC Energy Corporation stocks, roughly 36 stocks are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the stock price and a discouraging interest in betting against TC Energy Corporation.
Find out more about how you can short TC Energy Corporation stock.
TC Energy Corporation'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 Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
TC Energy Corporation's total ESG risk score
Total ESG risk: 31.16
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and TC Energy Corporation's overall score of 31.16 (as at 01/01/2019) is nothing to write home about – landing it in it in the 49th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like TC Energy Corporation 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 Corporation's environmental score
Environmental score: 19.03/100
TC Energy Corporation's environmental score of 19.03 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that TC Energy Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
TC Energy Corporation's social score
Social score: 16.73/100
TC Energy Corporation's social score of 16.73 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that TC Energy Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
TC Energy Corporation's governance score
Governance score: 9.4/100
TC Energy Corporation's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that TC Energy Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
TC Energy Corporation's controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. TC Energy Corporation scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that TC Energy Corporation hasn't always managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||31.16|
|Total ESG percentile||48.52|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||3|
TC Energy Corporation stock dividends
Dividend payout ratio: 77.6% of net profits
Recently TC Energy Corporation has paid out, on average, around 77.6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.7% 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 Corporation shareholders could enjoy a 5.7% return on their shares, in the form of dividend payments. In TC Energy Corporation's case, that would currently equate to about C$3.36 per share.
TC Energy Corporation'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 Corporation's most recent dividend payout was on 29 October 2021. The latest dividend was paid out to all shareholders who bought their stocks by 28 September 2021 (the "ex-dividend date").
TC Energy Corporation stock price volatility
Over the last 12 months, TC Energy Corporation's stocks have ranged in value from as little as C$48.4218 up to C$64.5201. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while TC Energy Corporation's is 0.7563. This would suggest that TC Energy Corporation's stocks are less volatile than average (for this exchange).
TC Energy Corporation overview
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage segments. The company builds and operates 93,400 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.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,200 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
Stocks similar to TC Energy Corporation
TC Energy Corporation in the news
Media Advisory: TC Energy to divest remaining 15 per cent interest in Northern Courier Pipeline
TC Energy : sells remaining 15 per cent stake in Northern Courier Pipeline
Media Advisory: TC Energy to divest remaining 15 per cent interest in Northern Courier Pipeline
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