TC Energy Corporation operates as an energy infrastructure company in North America. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,700 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. Further, the company owns or has interests in power generation facilities with approximately 4,650 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Analyst Perspectives | Discover varied analyst views on TC Energy, with price targets ranging from CAD 64.00 to CAD 78.00, reflecting optimism in the company's prospects |
Financial Fortitude | Delve into TC Energy's deleveraging strategy, aiming to keep debt-to-EBITDA below 4.75x while maintaining its 5.38% dividend yield |
Pipeline Power Play | Explore how the completion of the Southeast Gateway Pipeline strengthens TC Energy's market position and sets the stage for future expansion |
Gas Giant's Outlook | TC Energy reaffirms positive 2025 outlook despite recent earnings miss, showcasing confidence in its strategic positioning and growth potential |
Metrics to compare | TRP | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipTRPPeersSector | |
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P/E Ratio | 17.0x | 16.8x | 4.7x | |
PEG Ratio | 0.28 | 0.01 | 0.00 | |
Price / Book | 2.8x | 2.1x | 1.1x | |
Price / LTM Sales | 5.1x | 1.8x | 1.0x | |
Upside (Analyst Target) | −12.4% | 16.2% | 31.3% | |
Fair Value Upside | Unlock | 6.5% | 11.4% | Unlock |