TC Energy Corporation(TRP) Stock Research - Grey Stern Research
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TC Energy Corporation (TRP) Stock Analysis

$49.87 (0.54%)

TRP Financial Performance


Use the table below to view TC Energy Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q4 - 2024

Metric Value Ranking among Peers
Price $49.60 -
52 Week Low $35.38 -
52 Week High $50.37 -
Market Cap $51.5 Billion 8/9
Gross Margin 57% 4/9
Profit Margin 73% 1/9
EBITDA margin 152% 1/9
Q4 - 2024 Revenue $1.0 Billion 8/9
Q4 - 2024 Earnings $751.1 Million 6/9
Q4 - 2024 Free Cash Flow $327.1 Million 8/9
Trailing 4 Quarters Revenue $10.1 Billion 8/9
Trailing 4 Quarters Earnings $3.5 Billion 5/9
Quarterly Earnings Growth -33% 7/9
Annual Earnings Growth 387% 1/9
Quarterly Revenue Growth -66% 9/9
Annual Revenue Growth -15% 9/9
Cash On Hand $602.3 Million 4/9
Short Term Debt $2.6 Billion 2/9
Long Term Debt $42.5 Billion 2/9

TC Energy Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare TC Energy Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 14.59 4/9
PS 6.79 1/9
PB 1.79 6/9
PC 85.59 6/9
Liabilities to Equity 2.90 1/9
ROA 0.03 9/9
ROE 0.13 6/9
Current Ratio 1.48 7/9
Quick Ratio 0.01 5/9
Long Term Debt to Equity 2.05 1/9
Debt to Equity 2.17 1/9
Burn Rate 0.34 2/9
Cash to Cap 0.01 3/9
CCR 0.44 7/9
EV to EBITDA 47.45 4/9
EV to Revenue 9.69 1/9

Company Details

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Storage. The company builds and operates 93,300 km network 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 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

CEO: Mr. Russell Girling

Website: https://www.tcenergy.com

Address: 450 1 St SW Calgary, ALBERTA

Exchange: New York Stock Exchange

Industry: Oil & Gas Midstream

TC Energy Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to TC Energy Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Kinder Morgan, Inc. KMI $59.7 Billion
ONEOK, Inc. OKE $53.9 Billion
The Williams Companies, Inc. WMB $72.1 Billion
Enterprise Products Partners L.P. EPD $67.6 Billion
Enbridge Inc. ENB $100.7 Billion
MPLX LP MPLX $53.7 Billion
Magellan Midstream Partners, L.P. MMP $13.9 Billion
Energy Transfer LP ET $59.9 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
TRP Income Statements
Quarter Year Revenue Earnings
Q4 2024 C$ 1.4 Billion C$999.0 Million
Q3 2024 C$ 4.1 Billion C$1.5 Billion
Q2 2024 C$ 3.9 Billion C$990.0 Million
Q1 2024 C$ 4.1 Billion C$1.2 Billion
Q4 2023 C$ 3.9 Billion C$1.5 Billion
Q3 2023 C$ 3.9 Billion -C$174.0 Million
Q2 2023 C$ 3.8 Billion C$273.0 Million
Q1 2023 C$ 2.2 Billion C$1.3 Billion

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TRP Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 C$801.0 Million C$118.2 Billion C$59.9 Billion C$38.4 Billion
Q3 2024 C$3.8 Billion C$135.3 Billion C$72.4 Billion C$40.5 Billion
Q2 2024 C$2.5 Billion C$128.0 Billion C$65.0 Billion C$40.5 Billion
Q1 2024 C$3.2 Billion C$128.0 Billion C$64.6 Billion C$39.7 Billion
Q4 2023 C$3.8 Billion C$125.0 Billion C$63.7 Billion C$39.0 Billion
Q3 2023 C$2.0 Billion C$122.6 Billion C$65.6 Billion C$34.0 Billion
Q2 2023 C$1.1 Billion C$117.0 Billion C$61.7 Billion C$33.8 Billion
Q1 2023 C$0 C$0 C$0 C$0

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TRP Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q4 2024 C$435.0 Million -C$1.6 Billion -C$9.2 Billion
Q3 2024 C$151.0 Million -C$1.8 Billion C$7.5 Billion
Q2 2024 C$309.0 Million -C$1.3 Billion -C$719.0 Million
Q1 2024 C$473.0 Million -C$1.6 Billion -C$605.0 Million
Q4 2023 -C$215.0 Million -C$2.1 Billion C$1.8 Billion
Q3 2023 -C$236.0 Million -C$2.1 Billion C$879.0 Million
Q2 2023 -C$534.0 Million -C$2.0 Billion -C$2.8 Billion
Q1 2023 -C$1.7 Billion -C$3.0 Billion C$1.2 Billion

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