TC Energy Corporation (TRP) Stock

About TC Energy Corporation

TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951. Its extensive operations are strategically divided into five key business units: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexican Natural Gas Pipelines, Liquids Pipelines, and Power & Storage. The company is responsible for constructing and managing a vast natural gas pipeline network, which stretches for 93,300 kilometers. This critical infrastructure facilitates the movement of natural gas from production basins to a variety of destinations, including local utility providers, electricity generating facilities, industrial sites, interconnected pipelines, liquefied natural gas (LNG) export terminals, and other commercial clients. Additionally, TC Energy operates regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet, alongside approximately 118 billion cubic feet of non-regulated natural gas storage capacity located solely within Alberta. Furthermore, TC Energy oversees a liquids pipeline system spanning roughly 4,900 kilometers. This system efficiently transports crude oil from Alberta's supply regions to major refining centers across Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Its asset portfolio also includes ownership or interests in seven power generation facilities. These plants, situated in Alberta, Ontario, Québec, and New Brunswick, have a combined output of approximately 4,300 megawatts and are fueled by natural gas and nuclear energy sources. The organization was previously known as TransCanada Corporation until it officially rebranded to TC Energy Corporation in May 2019.

TC Energy Corporation is led by CEO Francois Lionel Poirier, employs 6,668 people, headquartered in Calgary, CA, publicly traded since 1982.

TC Energy Corporation (TRP) stock trades at $67.28 with a market capitalization of $70.00B. The stock is valued at a price-to-earnings (P/E) ratio of 28.48, price-to-book of 4.00, price-to-sales of 6.40. Over the past 52 weeks the stock has ranged between $46.29 and $70.74, and currently trades 4.9% below its 52-week high. It pays a dividend yielding 3.54%.

On profitability, TC Energy Corporation generates a return on equity (ROE) of 11.33%, return on capital employed of 18.22%, an operating margin of 45.79%, a net profit margin of 21.83%.

In its most recent fiscal year, TC Energy Corporation reported annual revenue of $15.2B, net profit of $3.5B, revenue has compounded at 3.2% a year over the last five years, profit at -5.3% a year.

The balance sheet shows a debt-to-equity ratio of 2.25 — a leveraged balance sheet worth monitoring, a current ratio of 0.63, total assets of $118.7B, $261.0M in cash and equivalents.

TRP has an average daily trading volume of 2,435,193 shares, a beta of 0.98.

Official website: www.tcenergy.com