Tc Energy Corp Stock Today

TRP Stock  CAD 69.05  0.40  0.58%   

Performance

24 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 24

 
High
 
Low
Low
TC Energy is selling at 69.05 as of the 16th of November 2024; that is 0.58% increase since the beginning of the trading day. The stock's open price was 68.65. TC Energy has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for TC Energy Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of October 2024 and ending today, the 16th of November 2024. Click here to learn more.
Business Domain
Energy
TC Energy Corporation operates as an energy infrastructure company in North America. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada. TC ENERGY operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. The company has 1.04 B outstanding shares of which 39.12 M shares are at this time shorted by private and institutional investors with about 6.8 days to cover all short positions. More on TC Energy Corp

Moving together with TRP Stock

  0.89ENB-PFV Enbridge Pref 5PairCorr
  0.68ENB-PFU Enbridge Pref LPairCorr
  0.93ENS E Split CorpPairCorr
  0.83ENS-PA E Split CorpPairCorr

TRP Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TC Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TC Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, TC Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TC Energy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEORussell Girling
Thematic IdeaInvestor Favorites (View all Themes)
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, Investor Favorites, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Excise Tax ActivitiesNuclear
TC Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TC Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
TC Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TC Energy's financial leverage. It provides some insight into what part of TC Energy's total assets is financed by creditors.
Liquidity
TC Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. TC Energy Corp has accumulated 63.66 B in total debt with debt to equity ratio (D/E) of 1.45, which is about average as compared to similar companies. TC Energy Corp has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TC Energy until it has trouble settling it off, either with new capital or with free cash flow. So, TC Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TC Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRP to invest in growth at high rates of return. When we think about TC Energy's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

5.41 Billion
TC Energy Corp (TRP) is traded on Toronto Exchange in Canada and employs 7,000 people. TC Energy is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 71.67 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TC Energy's market, we take the total number of its shares issued and multiply it by TC Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TC Energy Corp operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 1.04 B outstanding shares of which 39.12 M shares are at this time shorted by private and institutional investors with about 6.8 days to cover all short positions. TC Energy Corp has accumulated about 620 M in cash with 7.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59.
Check TC Energy Probability Of Bankruptcy
Ownership Allocation
TC Energy Corp secures a total of 1.04 Billion outstanding shares. The majority of TC Energy Corp outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to take positions in TC Energy Corp to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in TC Energy Corp. Please pay attention to any change in the institutional holdings of TC Energy as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check TRP Ownership Details

TC Energy Corp Risk Profiles

Although TC Energy's alpha and beta are two of the key measurements used to evaluate TC Energy's performance over the market, the standard measures of volatility play an important role as well.

TRP Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in TC Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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TC Energy Corporate Directors

Stephan CretierIndependent DirectorProfile
John LoweIndependent DirectorProfile
Randy LimbacherIndependent DirectorProfile
Indira SamarasekeraIndependent DirectorProfile
When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between TC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if TC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.