TC Energy Corp

Company Profile

TC Energy Corp had its IPO on 1987-12-30 under the ticker symbol TRP.

The company operates in the Energy sector and Oil & Gas Midstream industry. TC Energy Corp has a staff strength of 7,477 employees.

Stock update

Shares of TC Energy Corp opened at $36.28 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $36.17 - $36.51, and closed at $36.37.

This is a +0.83% increase from the previous day's closing price.

A total volume of 1,657,689 shares were traded at the close of the day’s session.

In the last one week, shares of TC Energy Corp have slipped by -0.11%.

TC Energy Corp's Key Ratios

TC Energy Corp has a market cap of $36.07 billion, indicating a price to book ratio of 1.7342 and a price to sales ratio of 2.8339.

In the last 12-months TC Energy Corp’s revenue was $15.60 billion with a gross profit of $9.61 billion and an EBITDA of $9.32 billion. The EBITDA ratio measures TC Energy Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, TC Energy Corp’s operating margin was 42.49% while its return on assets stood at 3.66% with a return of equity of 3.23%.

In Q2, TC Energy Corp’s quarterly earnings growth was a negative -73.3% while revenue growth was a positive 5.3%.

TC Energy Corp’s PE and PEG Ratio

Forward PE

13.2626

Trailing PE

54.6515

PEG

3.0046

Its diluted EPS in the last 12-months stands at $0.66 per share while it has a forward price to earnings multiple of 13.2626 and a PEG multiple of 3.0046. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into TC Energy Corp’s profitability.

TC Energy Corp stock is trading at a EV to sales ratio of 5.8914 and a EV to EBITDA ratio of 9.4263. Its price to sales ratio in the trailing 12-months stood at 2.8339.

TC Energy Corp stock pays annual dividends of $3.66 per share, indicating a yield of 7.83% and a payout ratio of 63.42%.

Balance sheet and cash flow metrics

Total Assets

$117.03 billion

Total Liabilities

$12.59 billion

Operating Cash Flow

$-6046000000.00

Capital Expenditure

$2.04 billion

Dividend Payout Ratio

63.42%

TC Energy Corp ended 2024 with $117.03 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $117.03 billion while shareholder equity stood at $33.84 billion.

TC Energy Corp ended 2024 with $0 in deferred long-term liabilities, $12.59 billion in other current liabilities, 29627000000.00 in common stock, $476.00 million in retained earnings and $12.56 billion in goodwill. Its cash balance stood at $1.09 billion and cash and short-term investments were $1.09 billion. The company’s total short-term debt was $5,313,000,000 while long-term debt stood at $56.38 billion.

TC Energy Corp’s total current assets stands at $7.62 billion while long-term investments were $9.78 billion and short-term investments were $603.00 million. Its net receivables were $3.13 billion compared to accounts payable of $5.59 billion and inventory worth $1.05 billion.

In 2024, TC Energy Corp's operating cash flow was $-6046000000.00 while its capital expenditure stood at $2.04 billion.

Comparatively, TC Energy Corp paid $0.63 in dividends in 2024.

Other key metrics

Current Trading Price

$36.37

52-Week High

$47.0134

52-Week Low

$33.02

Analyst Target Price

$45.09

TC Energy Corp stock is currently trading at $36.37 per share. It touched a 52-week high of $47.0134 and a 52-week low of $47.0134. Analysts tracking the stock have a 12-month average target price of $45.09.

Its 50-day moving average was $36.91 and 200-day moving average was $39.12 The short ratio stood at 5.87 indicating a short percent outstanding of 0%.

Around 6% of the company’s stock are held by insiders while 8153.6% are held by institutions.