TRP.TO - TC Energy Corporation
| Previous Close | 61.41 |
| Open | 61.40 |
| Bid | 61.96 x N/A |
| Ask | 61.99 x N/A |
| Day's Range | 60.44 - 62.41 |
| 52 Week Range | 47.05 - 76.58 |
| Volume | 4,306,561 |
| Avg. Volume | 3,954,984 |
| Market Cap | 58.327B |
| Beta (5Y Monthly) | 0.79 |
| PE Ratio (TTM) | 14.10 |
| EPS (TTM) | 4.40 |
| Earnings Date | Jul. 30, 2020 - Aug. 03, 2020 |
| Forward Dividend & Yield | 3.24 (5.28%) |
| Ex-Dividend Date | Jun. 29, 2020 |
| 1y Target Est | 69.84 |
- Simply Wall St.
François Poirier Is The COO & President - Power & Storage and Mexico of TC Energy Corporation (TSE:TRP) And They Just Picked Up 18% More Shares
Investors who take an interest in TC Energy Corporation (TSE:TRP) should definitely note that the COO & President...
- Yahoo Finance Canada
Canadian oil is running low on foreign friends, is the U.S. next to turn?
Canada’s de facto export market for crude oil could suddenly become less friendly, risking the future of the cross-border pipelines essential to the industry.
- Motley Fool
Better Buy: NextEra Energy Partners vs. TC Energy
NextEra's payout is currently around 4.5%, while TC Energy's is about 5.5%. One of the most important things an income investor must do when trying to decide between two options is to take a closer look at their financial profiles.
- Baystreet
Stocks in play: TC Energy Corporation
Announced today that it has completed the sale of a 65 per cent equity interest in the Coastal GasLink ...
- GlobeNewswire
TC Energy completes partial monetization and project financing transactions for Coastal GasLink
News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project). In addition, the Coastal GasLink Pipeline Limited Partnership has executed a credit agreement with a syndicate of banks extending non-recourse project-level financing to fund the majority of the construction costs for the Project which, with the closing of the equity sale, are available to be drawn.
- The Motley Fool
Market Crash Alert: TC Energy (TSX:TRP) Stock Just Plunged 11%
TC Energy Inc. (TSX:TRP)(NYSE:TRP) just dropped 11% with news about its Keystone XL pipeline. So should you sell after this market crash? Or buy in bulk?The post Market Crash Alert: TC Energy (TSX:TRP) Stock Just Plunged 11% appeared first on The Motley Fool Canada.
- The Motley Fool
Income Lovers: These 3 Dividend Kings Haven’t Missed a Payout for 50 Years
Secure your future with dividend kings like Royal Bank of Canada (TSX:RY)(NYSE:RY), Canadian Utilities (TSX:CU), and TC Energy (TSX:TRP)(NYSE:TRP). The post Income Lovers: These 3 Dividend Kings Haven't Missed a Payout for 50 Years appeared first on The Motley Fool Canada.
- Thomson Reuters StreetEvents
Edited Transcript of TRP.TO earnings conference call or presentation 1-May-20 7:00pm GMT
Q1 2020 TC Energy Corp Earnings Call
- The Canadian Press
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (14,997.63, up 112.15 points.)Zenabis Global Inc. (TSX:ZENA). Health care. Up 1.5 cents, or 11.11 per cent, to 15 cents on 34.1 million shares.Jaguar Mining Inc. (TSX:JAG). Materials. Up 1.5 cents, or 3.75 per cent, to 41.5 cents on 17.5 million shares.The Green Organic Dutchman Holdings (TSX:TGOD). Health care. Down five cents, or 9.8 per cent, to 46 cents on 16.9 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Up four cents, or 8.7 per cent, to 50 cents on 16.4 million shares.Suncor Energy Inc. (TSX:SU). Energy. Up $1.53, or 6.38 per cent, to $25.50 on 13.4 million shares.StageZero Life Sciences Ltd. (TSX:SZLS). Health care. Down 3.5 cents, or 28 per cent, to nine cents on 12 million shares.Companies in the news:Molson Coors Beverage Co. (TSX:TPX.B). Up 84 cents, or 1.5 per cent, to $55.33. The former head of Molson, who was "instrumental in the historic merger" that created Molson Coors, has died unexpectedly at the age of 68. Daniel O'Neill, who led the company from 2000 to 2005, passed away this week, said Andrew Molson, chairman of the board at Molson Coors Beverage Co., during the company's annual general meeting of shareholders Wednesday. O'Neill, who was chief executive at the time of the announced merger in July 2004, would become vice chairman, synergies and integration at the newly formed company, as well as a director on the board.TC Energy Corp. (TSX:TRP). Down $1.71, or 2.8 per cent, to $59.67. Developers of a stored hydroelectric power project to be built next to a retired open pit coal mine east of Jasper National Park have enlisted TC Energy Corp. as a partner. Kipp Horton, CEO of Calgary-based WindRiver Power Corp., says bringing the power, utility and pipeline giant in as an investor means that its Canyon Creek project, the first large-scale power storage project in Alberta, could start construction by year end. The facility is to consist of two new water storage ponds, one 40 and the other 32 hectares, and a seven-kilometre, 2.5-metre-wide connecting pipeline.Celestica Inc. (TSX:CLS). Up 18 cents, or 2.1 per cent, to $8.53. Celestica Inc. has been contracted to build 7,500 ventilators in Newmarket, Ont., for a Canadian medical device company working on the fight against the COVID-19 pandemic. Financial terms of its contract with StarFish Medical Inc. weren't announced. Celestica says it intends to deliver the medical devices for treating patients with breathing problems to Health Canada in the fourth quarter of 2020. Celestica is a Toronto-based company with a global business that manufactures equipment for a variety of industries including health care, aerospace and information technology.Aurora Cannabis Inc. (TSX:ACB). Down $2.59, or 12.7 per cent, to $17.81. Aurora Cannabis Inc. says it is entering the U.S. market by acquiring hemp-based cannabidiol company Reliva LLC. Edmonton-based Aurora will acquire all of the issued and outstanding membership interests of Reliva, while Reliva members will receive roughly US$40 million in Aurora's common shares. If Reliva achieves certain financial targets, the transaction includes a potential earn-out of up to a maximum US$45 million payable in Aurora shares, cash or a combination over the next two years. The transaction is subject to closing conditions, but is expected to be complete by June.This report by The Canadian Press was first published May 20, 2020.The Canadian Press
- The Canadian Press
TC Energy joins pumped hydro power storage project at retired coal mine site
CALGARY — Developers of a stored hydroelectric power project to be built next to a retired open pit coal mine east of Jasper National Park have enlisted TC Energy Corp. as a partner.Kipp Horton, CEO of Calgary-based WindRiver Power Corp., says bringing the power, utility and pipeline giant in as an investor means that its Canyon Creek project, the first large-scale power storage project in Alberta, could start construction by year-end.The facility is to consist of two new water storage ponds, one 40 and the other 32 hectares, and a seven-kilometre, 2.5-metre-wide connecting pipeline.At night, when power demand is low, water will be pumped from the lower to the upper pond, gaining 500 metres of elevation. When demand is high, the water will flow the other way, turning a turbine generator producing 75 megawatts for up to 37 hours at a time.In an email, TC Energy spokeswoman Jennifer Link says the exact ownership split will be determined when a final investment decision is made near the end of this year, but both parties will be major shareholders in the $200-million project.The Canyon Creek project is to be located next to the Obed Mountain thermal coal mine, which was shut down in 2012, and will utilize its access road and high-voltage power lines.TC Energy has also proposed building a 1,000-megawatt, $3.3-billion pumped hydro storage project at Meaford, Ont.This report by The Canadian Press was first published May 20, 2020.Companies in this story: (TSX:TRP)The Canadian Press
- Zacks
Oil & Gas Stock Roundup: Enbridge, Petrobras & TC Energy Report Q1 Earnings
North American midstream companies Enbridge (ENB) and TC Energy (TRP) reported better-than-expected Q1 bottom line numbers, while Brazil's Petrobras (PBR) missed earnings estimate.
- Motley Fool
The 3 Safest Energy Dividends Right Now
Dividend payments have been decimated this year because of the impact the COVID-19 outbreak is having on the economy. One of the sectors hit particularly hard has been the energy industry where dividends have plunged with oil demand. Three of the safest these days are those paid by TC Energy (NYSE: TRP), NextEra Energy (NYSE: NEE), and Brookfield Renewable Partners (NYSE: BEP).
- Motley Fool
5 Top Stocks for the 2020 Oil Crash
The oil patch is still filled with risk, but there are opportunities to profit from the 2020 coronavirus crash.
- Zacks
TC Energy (TRP) Q1 Earnings Beat Estimates, EBITDA Rises Y/Y
TC Energy's (TRP) Q1 revenues of C$3.42 billion slide 2% year over year owing to lower contribution from the Liquids Pipelines segment.
- Business Wire
TC Energy Goes All-In on AWS
Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that TC Energy is going all-in on the world’s leading cloud, moving its entire infrastructure to AWS. The North American energy company, headquartered in Canada, has migrated almost 90 percent of its corporate and commercial applications, including its SAP platform, to AWS. TC Energy is leveraging the breadth and depth of AWS services, including machine learning, analytics, database, serverless, storage, and compute to deliver energy and generate power more efficiently for millions of homes in North America. The migration also positioned TC Energy to respond quickly to the evolving COVID-19 situation, with TC Energy employees using Amazon WorkSpaces virtual desktops remotely – which extend the functionality of in-office software resources to at-home users – to work securely from home.
- The Motley Fool
TFSA Investors: 1 TSX Stock to Buy Right Now With $6,000
Canadian investors can generate a significant retirement reserve using TFSA. Here's one top TSX stock to hold for the long term.The post TFSA Investors: 1 TSX Stock to Buy Right Now With $6,000 appeared first on The Motley Fool Canada.
- The Motley Fool
TC Energy (TSX:TRP) Is a Must-Buy on Recent Weakness
TC Energy Corp. (TSX:TRP)(NYSE:TRP) is a dividend darling that income investors should look to buy after its stellar first-quarter earnings.The post TC Energy (TSX:TRP) Is a Must-Buy on Recent Weakness appeared first on The Motley Fool Canada.
- The Motley Fool
Have $5,000 to Invest? Here Are 3 High-Yield Stocks to Buy Now
This group of high-yield dividend stocks, including Bank of Montreal (TSX:BMO)(NYSE:BMO), can help give your portfolio a much-needed raise.The post Have $5,000 to Invest? Here Are 3 High-Yield Stocks to Buy Now appeared first on The Motley Fool Canada.
- The Motley Fool
Oil Crash 2020: 2 TSX Energy Stocks That Are Immune to Oil Prices
Why investors can consider Enbridge and TC Energy stocks despite falling oil prices. The post Oil Crash 2020: 2 TSX Energy Stocks That Are Immune to Oil Prices appeared first on The Motley Fool Canada.
- The Motley Fool
Generate $1,000 of Income in the Market Rally
Investing in high quality dividend stocks is an easy way to generate $1,000 in income annually. These stocks are likely to do well in a market rally.The post Generate $1,000 of Income in the Market Rally appeared first on The Motley Fool Canada.
- GlobeNewswire
TC Energy’s #BetterTogether Campaign to triple donations in support of those affected by COVID-19
Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) is proud to announce that beginning today its #BetterTogether Campaign is matching all donations made through the TC Energy Giving Portal at 200 per cent up to its goal of $500,000 to support COVID-19 relief efforts across North America. Donations will increase food security for those struggling to make ends meet, provide support to those on the front lines, and help organizations continue meeting the urgent needs of their communities.
- GlobeNewswire
TC Energy announces 2020 annual meeting Board of Directors election results
CALGARY, Alberta, May 01, 2020 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2020 annual meeting of.
- The Canadian Press
TC Energy says Keystone XL construction continuing despite U.S. court ruling
CALGARY — Construction work on the Keystone XL pipeline is continuing apace despite a U.S. court ruling last month that invalidated a nationwide permit allowing pipelines to cross waterways, builder TC Energy Corp. said Wednesday.The Calgary-based company filed a motion earlier this week to stay the order by a U.S. district judge that struck down the U.S. Army Corps of Engineers' clean water permit, said Bevin Wirzba, senior vice-president of liquids pipelines for TC Energy.The permit applied to a broad range of projects including Keystone XL but was found by the judge to have failed to adequately consider effects on endangered species such as the pallid sturgeon."We have a number of options that we're working with respect to curing both the regulatory and legal aspects of that," said Wirzba on a conference call Friday to discuss first-quarter results.TC Energy crews are ahead of schedule on building the Canada-U.S. border crossing, he said, adding they are also staging pipe and building work camps while studying ways to continue construction even if the ruling blocks U.S. river crossings along the 1,930-kilometre route from Alberta to Nebraska."Obviously, our preferred path is to march forward with the (construction) spreads we have identified for the U.S. but we do maintain that we will be able to complete a significant amount of work in the United States in 2020 even if it isn't the same scope under which we began the year," he said.TC Energy announced March 31 it would go ahead with the US$8-billion Keystone XL pipeline after the Alberta government agreed to invest C$1.5 billion and provide a loan guarantee to jump-start the work.It would carry up to 830,000 barrels per day of Canadian crude oil.Opponents in the U.S. who have challenged the projects for years said the decision shouldn't have been made during the economic and health crisis caused by the COVID-19 pandemic.TC Energy expects slowdowns in some of its capital projects because of the virus but so far hasn't seen any adverse affects on its financial results, said CEO Russ Girling on the call."With approximately 95 per cent of our comparable EBITDA (adjusted earnings) coming from regulated or long-term contracted assets, we are largely insulated from the volatility associated with volume throughput and the commodity prices that are being experienced by many others," he said.The company formerly known as TransCanada reported a first-quarter profit of $1.15 billion, up from $1.0 billion a year ago.Revenue for the three months ended March 31 totalled nearly $3.42 billion, down from nearly $3.49 billion in the same quarter last year.TC Energy says its comparable earnings for first quarter 2020 were $1.1 billion or $1.18 per share compared with $1.0 billion or $1.07 per share in 2019.This report by The Canadian Press was first published May 1, 2020.Companies in this story: (TSX:TRP) Dan Healing, The Canadian Press
- GlobeNewswire
TC Energy declares quarterly dividends
CALGARY, Alberta, May 01, 2020 -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared.
- GlobeNewswire
TC Energy reports strong first quarter financial results
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for first quarter 2020 of $1.15 billion or $1.22 per share compared to net income of $1.0 billion or $1.09 per share for the same period in 2019. Comparable earnings for first quarter 2020 were $1.1 billion or $1.18 per common share compared to $1.0 billion or $1.07 per common share in 2019. TC Energy's Board of Directors also declared a quarterly dividend of $0.81 per common share for the quarter ending June 30, 2020, equivalent to $3.24 per common share on an annualized basis.
