TRP.TO - TC Energy Corporation

Toronto - Toronto Delayed Price. Currency in CAD
67.58
-0.55 (-0.81%)
At close: 4:00PM EDT
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Previous Close68.13
Open68.41
Bid67.50 x N/A
Ask67.60 x N/A
Day's Range67.44 - 68.59
52 Week Range47.90 - 70.25
Volume1,441,238
Avg. Volume2,509,252
Market Cap62.782B
Beta (3Y Monthly)1.20
PE Ratio (TTM)14.97
EPS (TTM)4.51
Earnings DateOct. 30, 2019 - Nov. 4, 2019
Forward Dividend & Yield3.00 (4.38%)
Ex-Dividend Date2019-09-27
1y Target Est70.00
  • 3 Stocks to Buy and Hold for the Long Term
    The Motley Fool

    3 Stocks to Buy and Hold for the Long Term

    TC Energy (TSX:TRP)(NYSE:TRP) and these two other stocks could be great investments for investors that don't want to be thinking about their portfolios every day.

  • Long-Term Investors: Why You Shouldn’t Fear a Bear Market
    The Motley Fool

    Long-Term Investors: Why You Shouldn’t Fear a Bear Market

    Long-term investors should welcome recessions when they come, as they tend to bring discounts in quality stocks such as TC Energy Corp (TSX:TRP)(NYSE:TRP).

  • 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 (16,379.87, up 85.92 points).The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down 30 cents, or 17.34 per cent, to $1.43 on 8.7 million shares.Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 20 cents, or 0.61 per cent, to $32.57 on 5.1 million shares.Encana Corp. (TSX:ECA). Energy. Down seven cents, or 1.25 per cent, to $5.55 on 5 million shares.TC Energy Corp. (TSX:TRP). Energy. Up 78 cents, or 1.15 per cent, to $68.46 on 4.9 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Up 24 cents, or 1.04 per cent, to $23.27 on 4.5 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Up two cents, or 1.28 per cent, to $1.58 on 4.5 million shares. Companies in the news:The Green Organic Dutchman Holdings Ltd. — The Green Organic Dutchman Holdings Ltd. saw its shares plunge Wednesday after the cannabis company said it was reviewing financing alternatives in order to complete construction at its facilities in Ancaster, Ont., and Valleyfield, Que. The company says due to changing market conditions financing sources have been unavailable on acceptable terms within the timeframes required. Stocks in the cannabis sector have been under pressure in recent months due to various factors, including a slower-than-expected retail rollout and growing concern over a wave of vaping-related illnesses. The Green Organic Dutchman says it has started a review of alternatives.This report by The Canadian Press was first published Oct. 9, 2019.The Canadian Press

  • TC’s Coastal GasLink Draws Interest From Mubadala
    Bloomberg

    TC’s Coastal GasLink Draws Interest From Mubadala

    (Bloomberg) -- The Coastal GasLink project, a natural gas pipeline TC Energy Corp. is selling, has drawn interest from potential investors including Mubadala Investment Co., according to people familiar with the matter.Other suitors are circling the asset, said the people, who asked to not be identified because the matter isn’t public.TC Energy, which changed its name in May from TransCanada Corp., is working with an adviser to sell up to 75% of Coastal GasLink, which is estimated to cost C$6.2 billion ($4.7 billion) to build, it said in a regulatory filing in January. It’s not clear how much the stake would fetch in a sale.“TC Energy does not comment on market rumours,” the Calgary-based company said in a statement. “As has been previously reported in our quarterly financial disclosures, we continue to advance funding plans for our Coastal GasLink Project including the potential sale of an ownership interest and project financing.”A representative for Mubadala declined to comment.TC Energy has been selling assets to strengthen its balance sheet and fund capital projects, following its $10.2 billion takeover in 2016 of Columbia Pipeline Group Inc.Coastal GasLink will connect gas fields in western Canada’s prolific Montney shale formation with the C$40 billion LNG Canada project on British Columbia’s coast. The 670-kilometers (416 miles) long pipeline is expected to go into service in 2023.Mubadala, Abu Dhabi’s sovereign wealth fund, spent about $19 billion last year expanding into new industries as it seeks to diversify its economy.\--With assistance from Kevin Orland.To contact the reporters on this story: Gillian Tan in New York at gtan129@bloomberg.net;Mahmoud Habboush in Abu Dhabi at mhabboush@bloomberg.net;Vinicy Chan in New York at vchan91@bloomberg.netTo contact the editors responsible for this story: Liana Baker at lbaker75@bloomberg.net, ;Alan Goldstein at agoldstein5@bloomberg.net, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TC Energy (TSX:TRP): The Number 1 Dividend Stock to Buy to Safely Make You Rich
    The Motley Fool

    TC Energy (TSX:TRP): The Number 1 Dividend Stock to Buy to Safely Make You Rich

    TC Energy Corp. (TSX:TRP)(NYSE:TRP) is a safe and defensive dividend stock that offers investors a 4.4% dividend yield, and an ever-strengthening position in the energy industry.

  • TFSA Investors: Buy This Stock If You Love Regular Dividend Income Flows
    The Motley Fool

    TFSA Investors: Buy This Stock If You Love Regular Dividend Income Flows

    Why TC Energy Corp. (TSX:TRP)(NYSE:TRP) is a good recession-proof investment for long-term investors.

  • Alberta solar farm construction to proceed after TC Energy supply deal signed
    The Canadian Press

    Alberta solar farm construction to proceed after TC Energy supply deal signed

    CALGARY — A $200-million Danish-Canadian solar power project in Alberta is headed for construction following signing of a contract with TC Energy Corp. to buy just over half of its electricity output.Calgary-based Perimeter Solar Inc. says TC Energy (formerly TransCanada Corp.) has agreed to purchase 74.25 megawatts of electricity from the proposed 130-MW Claresholm Solar project located about 125 kilometres south of Calgary.It says delivery of energy will begin with commercial operation of the project, which is targeted for the end of September in 2020.Obton A/S of Denmark, which bought a 49 per cent interest in Perimeter in June 2017, is to provide funding for construction which is to begin before year-end on land owned by the Granum Hutterite colony near the town of Claresholm.The partners credited Alberta's unregulated electricity market for their decision to proceed, noting in a news release the project will produce power during the day when demand and power pool prices tend to be the highest.TC says the project will add to the 450 MW of electricity it currently operates and markets in Alberta.In August, privately held Greengate Power Corp. of Calgary said it had decided to proceed with its $500-million, 400-MW Travers Solar project with full commercial operations targeted for 2021.The Travers facility is to be located in Vulcan County, about 120 kilometres southeast of Calgary. This report by The Canadian Press was first published Sept. 30, 2019.Companies mentioned in this article: (TSX:TRP) The Canadian Press

  • GlobeNewswire

    TC Energy provides dividend rate notice for Series 9 and 10 preferred shares

    News Release -- TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that it has notified the registered shareholder of the applicable dividend rates for Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) and the Cumulative Redeemable First Preferred Shares, Series 10 (Series 10 Shares). As previously announced in our news release dated September 18, 2019, holders of the Series 9 Shares have the right on October 30, 2019 to convert, on a one-for-one basis, any or all of their Series 9 Shares into Series 10 Shares and receive a floating rate quarterly dividend, or retain any or all of their Series 9 Shares and receive a new fixed rate quarterly dividend. Should a holder of Series 9 Shares choose to retain their shares, such shareholders will receive the new annual fixed dividend rate applicable to the Series 9 Shares of 3.762% for the five-year period commencing October 30, 2019 to, but excluding, October 30, 2024.

  • The Best Stocks to Buy During the Next Correction
    The Motley Fool

    The Best Stocks to Buy During the Next Correction

    TC Energy Corp. (TSX:TRP) (NYSE:TRP) is one of the best stocks to buy during a market correction, offering a generous dividend yield as well as visibility and defensive growth.

  • TFSA Pension: 2 Top Dividend Stocks to Help You Retire Rich
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    Here's how owning top dividend stocks such as Telus Corporation (TSX:T)(NYSE:TU) and a leading pipeline company can help you retire wealthy.

  • Thomson Reuters StreetEvents

    Edited Transcript of TRP.TO earnings conference call or presentation 1-Aug-19 3:00pm GMT

    Q2 2019 TC Energy Corp Earnings Call

  • Income for Life: 3 “Forever Assets” to Buy in 2020
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    Income for Life: 3 “Forever Assets” to Buy in 2020

    This trio of large-cap stocks, including TC Energy Corp (TSX:TRP)(NYSE:TRP), can provide the peace your portfolio needs.

  • GlobeNewswire

    TC Energy provides Series 9 Preferred Shares conversion right and dividend rate notice

    News Release – TC Energy Corporation (TRP.TO) (TRP.TO) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) on October 30, 2019. The dividend rate applicable to the Series 9 Shares for the five-year period commencing on October 30, 2019 to, but excluding, October 30, 2024 will equal the Government of Canada five-year bond yield on October 1, 2019 plus 2.35 per cent. The dividend rate applicable to the Series 10 Shares for the three-month period commencing on October 30, 2019 to, but excluding, January 30, 2020 will equal the Government of Canada 90-day treasury bill rate on October 1, 2019 plus 2.35 per cent. Both rates will be calculated according to the terms of the prospectus supplement dated January 13, 2014 and announced by way of a news release on October 1, 2019.

  • 2 Top Dividend Stocks to Help You Save for Retirement
    The Motley Fool

    2 Top Dividend Stocks to Help You Save for Retirement

    Here is why Fortis Inc (TSX:FTS) (NYSE:FTS) and another energy company could help you retire wealthy.

  • The Science of Building Your RRSP
    The Motley Fool

    The Science of Building Your RRSP

    RRSP investors benefit greatly from holding dividend stocks like TC Energy Corp. (TSX:TRP) (NYSE:TRP), which provides safety, income and long-term growth, key characteristics to support a stress-free retirement.

  • Millennials: 3 Easy Ways to Supercharge Your Passive Income
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  • 3 Quick Steps to Bulletproof Your Stocks
    The Motley Fool

    3 Quick Steps to Bulletproof Your Stocks

    You can bulletproof your portfolio by investing in National Bank of Canada (TSX:NA) and TC Energy Corp. (TSX:TRP)(NYSE:TRP). Both companies are proven recession-proof stocks.

  • How to Turn Your $6,000 TFSA Contribution Into $100,000
    The Motley Fool

    How to Turn Your $6,000 TFSA Contribution Into $100,000

    TC Energy Corp (TSX:TRP)(NYSE:TRP) offers investors both growth and dividends, making it a great option for TFSA investors.

  • Is It Too Late to Invest in TC Energy (TSX:TRP)?
    The Motley Fool

    Is It Too Late to Invest in TC Energy (TSX:TRP)?

    TC Energy Corp. (TSX:TRP)(NYSE:TRP) is almost at fair value, but does it have further to go?

  • A Close Look At TC Energy Corporation’s (TSE:TRP) 7.2% ROCE
    Simply Wall St.

    A Close Look At TC Energy Corporation’s (TSE:TRP) 7.2% ROCE

    Today we'll evaluate TC Energy Corporation (TSE:TRP) to determine whether it could have potential as an investment...

  • Retirees: Give Your Pension a Boost With These 3 Passive-Income Plays
    The Motley Fool

    Retirees: Give Your Pension a Boost With These 3 Passive-Income Plays

    Buy TC Energy Corp. (TSX:TRP)(NYSE:TRP) and these other two stocks now for some amazing dividends in your future.

  • TFSA Investors: 3 Stocks to Build Your Dividend Empire Around
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    Hydro One Ltd (TSX:H) is one of three great stocks investors can use as pillars for their TFSAs for many years, benefiting from both capital appreciation and dividend income along the way.

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