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How to buy TC Energy (TRP) stocks
Learn how to easily invest in TC Energy stocks.
TC Energy is an oil & gas midstream business based in Canada. TC Energy stocks (TRP.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$53.72 – a decrease of 2.35% over the previous week. TC Energy employs 7,477 staff and has a trailing 12-month revenue of around C$15.4 billion.
How to buy TC Energy stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – TRP. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in TC Energy?
- Has coronavirus impacted TC Energy shares?
- TC Energy shares summary
- Compare share dealing platforms
- Is TC Energy stock a buy or sell?
- TC Energy performance over time
- Is TC Energy suitable for ethical investing?
- Are TC Energy shares over-valued?
- TC Energy's financials
- How volatile are TC Energy shares?
- Does TC Energy pay a dividend?
- Other common questions
TC Energy stock price (TO:TRP)Use our graph to track the performance of TRP stocks over time.
TC Energy shares at a glance
|Latest market close||C$52.84|
|52-week range||C$49.82 - C$69.90|
|50-day moving average||C$54.55|
|200-day moving average||C$57.81|
|Wall St. target price||C$60.65|
|Dividend yield||C$3.63 (6.87%)|
|Earnings per share (TTM)||C$1.57|
Buy TC Energy stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
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.
TC Energy price performance over time
Historical closes compared with the close of C$52.84 from 2023-05-31
|1 week (2023-05-26)||-2.35%|
|1 month (2023-05-02)||-4.26%|
|3 months (2023-03-02)||-4.76%|
|6 months (2022-12-02)||-9.19%|
|1 year (2022-06-02)||-28.68%|
|2 years (2021-06-02)||-15.27%|
|3 years (2020-06-02)||61.52|
|5 years (2018-06-01)||53.75|
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 34x. In other words, TC Energy shares trade at around 34x recent earnings.
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 3.008. 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 C$9.1 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||C$15.4 billion|
|Operating margin TTM||42.06%|
|Gross profit TTM||C$9.6 billion|
|Return on assets TTM||3.61%|
|Return on equity TTM||5.11%|
|Market capitalisation||C$54.1 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: 31.16
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and TC Energy'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 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: 19.03/100
TC Energy'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 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: 16.73/100
TC Energy'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 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: 9.4/100
TC Energy's governance score puts it squarely in the 8th 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.
TC Energy share dividends
Dividend payout ratio: 82.69% of net profits
Recently TC Energy has paid out, on average, around 82.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.87% 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 6.87% return on their shares, in the form of dividend payments. In TC Energy's case, that would currently equate to about C$3.63 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 31 July 2023. The latest dividend was paid out to all shareholders who bought their shares by 29 June 2023 (the "ex-dividend date").
TC Energy share price volatility
Over the last 12 months, TC Energy's shares have ranged in value from as little as C$49.8246 up to C$69.9038. 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 (TO average) beta is 1, while TC Energy's is 0.8737. 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 Energy Solutions. The company builds and operates a network of 93,700 kilometers 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 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, and Texas.
Stocks similar to TC Energy
TC Energy in the news
Media Advisory: TC Energy to host Sustainable Energy Forum for investors
Media Advisory: TC Energy to host Sustainable Energy Forum for investors
FERC approves TC Energy's US-Mexico North Baja natgas pipe expansion
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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