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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

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – TRP. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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TC Energy stock price (TO:TRP)

Use our graph to track the performance of TRP stocks over time.

TC Energy shares at a glance

Information last updated 2023-05-28.
Latest market closeC$52.84
52-week rangeC$49.82 - C$69.90
50-day moving average C$54.55
200-day moving average C$57.81
Wall St. target priceC$60.65
PE ratio 34.465
Dividend yield C$3.63 (6.87%)
Earnings per share (TTM) C$1.57

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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 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%
Profit margin 11%
Book value C$31.35
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".

TRP.TO volatility(beta: 0.87)Avg. volatility(beta: 1.00)LowHigh

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.

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Frequently asked questions

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