|Bid||57.64 x 0|
|Ask||57.71 x 0|
|Day's Range||57.47 - 58.50|
|52 Week Range||50.28 - 65.18|
|PE Ratio (TTM)||16.40|
|Earnings Date||Jul 26, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||2.76 (5.10%)|
|1y Target Est||66.93|
These three blue-chip companies, including TransCanada Corporation (TSX:TRP)(NYSE:TRP), have found themselves "on sale" as of late. Find out why investors should seriously consider picking these stocks up on the dip.
NEW YORK, NY / ACCESSWIRE / June 22, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
Over the past 10 years TransCanada Corporation (NYSE:TRP) has grown its dividend payouts from CA$1.44 to CA$2.76. With a market cap of US$37.11B, TransCanada pays out 72.83% of its earnings,Read More...
If you are not going to buy solid Canadian stocks like TransCanada Corporation (TSX:TRP)(NYSE:TRP) when they are undervalued, then when will you buy them?
Media Advisory – TransCanada Corporation (TRP.TO) (TRP) (TransCanada) announced today that it will move forward with a proposed $140-million expansion of its NOVA Gas Transmission Ltd. (NGTL) System following the successful completion in March of an expansion capacity open season for incremental firm export delivery service at the Empress/McNeill Export Delivery Point. Shippers have executed binding agreements for 280 million cubic feet per day (MMcf/d) of incremental firm delivery service that will commence November 2021. The average term of the contracts awarded for the expansion capacity is 22 years. NGTL also concurrently executed incremental intra-basin firm delivery service contracts with other shippers for an aggregate volume of 75 MMcf/d that contribute to the need for the new facilities.
Of the analysts surveyed by Reuters, 81.0% rated TransCanada (TRP) as a “buy” and the remaining 19.0% rated it as a “hold.” The median price target for TransCanada provided by the surveyed analysts is $50.20. TransCanada is currently trading at $41.65. If TransCanada attains its price target in a year, it would mean an upside of ~21.0% for investors.
T. Rowe Price Associates, Capital Research Global Investors, and RBC Global Asset Management are the three largest institutional investors in TransCanada (TRP). According to the latest filings, these investors own 4.1%, 3.2%, and 3.1%, respectively, of TransCanada’s outstanding shares.
According to data released on June 11, short interest as a percentage of float in TransCanada (TRP) was ~0.65% on May 31. Short interest is the total number of shares of any stock that’s been shorted, but the position hasn’t been closed out yet.
TransCanada (TRP) and Enbridge (ENB) are trading at attractive yields of 5.1% and 6.5%, respectively. TransCanada raised its dividend in the first quarter, marking the 18th consecutive year of dividend increases. TransCanada expects its annual dividend growth rate to range from 8.0% to 10.0% through 2021.
CALGARY, Alberta, June 15, 2018-- Media Advisory– TransCanada Corporation today launched an open season to solicit binding commitments from interested parties for transportation of crude oil on the Marketlink ...
TransCanada (TRP) and Enbridge (ENB) have fallen 16.0% and 19.0%, respectively, so far in 2018. The stocks underperformed the Energy Select Sector SPDR ETF (XLE), which is up 4.0% year-to-date. Kinder Morgan (KMI) has fallen 10.0%, and Kinder Morgan Canada (KML.TO) has fallen 12.0% so far in 2018. In comparison, crude oil prices are up ~11.0% year-to-date.
The Stagecoach meter in Monroe County on the Ohio-West Virginia border connects to EQT Midstream Partners LP's Strike Force South gathering fields in Monroe and Belmont counties in Ohio. Strike Force can also deliver to Energy Transfer Partners LP's Rover and Enbridge Inc's Texas Eastern Transmission (Tetco) pipelines.
CALGARY, Alberta, June 14, 2018-- News Release– Don Marchand, executive vice-president and chief financial officer of TransCanada Corporation will be presenting at the J.P. Morgan Energy Conference in ...
CALGARY, Alberta, June 13, 2018-- News Release– TransCanada Corporation today announced the appointment of a new independent director, Randy Limbacher, effective June 13, 2018.. Limbacher has been the ...
Here's why Nutrien Ltd. (TSX:NTR)(NYSE:NTR) and TransCanada Corporation (TSX:TRP)(NYSE:TRP) deserve to be on your radar.
There has been a wave of midstream consolidation transactions in the past year, which increases the odds of more announcements in the coming months.
First National Financial, Laurentian Bank of Canada, and TransCanada all share one thing in common. They are on our list of top paying dividend stocks which have helped grow myRead More...
TransCanada Corporation (TSX:TRP)(NYSE:TRP) is down 15% since November of last year. Is the pullback overdone?
Alternative pipelines to route production around the outage included Energy Transfer Partners LP's Rover, Tallgrass Energy Partners LP's Rockies Express (REX), EQT Midstream Partners LP's Equitrans and Enbridge Inc's Texas Eastern Transmission (Tetco), analysts at S&P Global Platts said in a note. The blast that shut the pipe did not cause any injuries and was contained Thursday morning, TransCanada said. Columbia Gas Transmission (TCO), the TransCanada subsidiary that operates the pipe, declared a force majeure on Thursday and said the damaged section of pipe could affect movement of about 1.3 billion cubic feet per day (bcfd).
Canadian Utilities Limited (TSX:CU) is undervalued. But how does it shape up against two other Canadian energy companies currently getting talked up?
TransCanada Corporation (TSX:TRP)(NYSE:TRP) and BCE Inc. (TSX:BCE)(NYSE:BCE) are two of Canada's top dividend stocks. Is one more attractive today?
Consumers in Ontario and Quebec can expect to pay less for natural gas to heat their homes as a new pipeline connects shale gas from the northeastern United States to the Dawn storage hub near Sarnia in southwestern Ontario. The Rover Pipeline last week won approval from the U.S. energy regulator to increase shipping to its capacity of 3.25 billion cubic feet per day of natural gas, transporting the fuel from Marcellus and Utica shale wells in the northeastern U.S. to American markets and, via the Vector Pipeline connection, to the Dawn hub for distribution in Central Canada. "It will have a downward pressure," said Chris Shorts, director of storage, transportation, marketing and utilization for Union Gas Ltd., operator of the Dawn hub.
With volatility returning, investors may want to look to stocks like Laurentian Bank of Canada (TSX:LB) to shore up income in their portfolios.