Key Factors to Evaluate Before Investing in TC Energy (TRP)

By Scott Lee • Friday, September 27 15:11 • Permanent Link

Join us for a quick overview of TC Energy, a Oil & Gas Transportation and Processing company whose shares moved -1.0% today. Here are some facts about the stock that should help you see the bigger picture:

TC Energy has moved 39.2% over the last year, and the S&P 500 logged a change of 34.0%
TRP has an average analyst rating of hold and is -1.82% away from its mean target price of $47.58 per share
Its trailing earnings per share (EPS) is $2.47
TC Energy has a trailing 12 month Price to Earnings (P/E) ratio of 18.9 while the S&P 500 average is 28.21
Its forward earnings per share (EPS) is $3.11 and its forward P/E ratio is 15.0
The company has a Price to Book (P/B) ratio of 1.75 in contrast to the S&P 500's average ratio of 4.71
TC Energy is part of the Utilities sector, which has an average P/E ratio of 20.3 and an average P/B of 2.25
TRP has reported YOY quarterly earnings growth of 286.9% and gross profit margins of 0.7%
The company has a free cash flow of $-2025750016, 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 93,600 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, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.

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