TRP

Here's What You May Have Missed About TC Energy(TRP)

Join us for a quick overview of TC Energy, a Oil & Gas Transportation and Processing company whose shares moved -0.9% today. Here are some facts about the stock that should help you see the bigger picture:

  • TC Energy has moved -10.9% over the last year, and the S&P 500 logged a change of 15.0%

  • TRP has an average analyst rating of hold and is -11.37% away from its mean target price of $43.01 per share

  • Its trailing earnings per share (EPS) is $-0.1

  • TC Energy has a trailing 12 month Price to Earnings (P/E) ratio of -381.2 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $2.99 and its forward P/E ratio is 12.7

  • The company has a Price to Book (P/B) ratio of 1.27 in contrast to the S&P 500's average ratio of 2.95

  • TC Energy is part of the Utilities sector, which has an average P/E ratio of 17.53 and an average P/B of 1.71

  • The company has a free cash flow of $-5369249792, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • 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. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS