28-Mar-2024
Russian cuts to crude output may bring $100 oil, J.P. Morgan says
Seeking Alpha News (Wed, 27-Mar 2:07 PM ET)
Globe Newswire (Thu, 14-Mar 5:00 PM ET)
TC Energy announces sale of Portland Natural Gas Transmission System
Globe Newswire (Mon, 4-Mar 6:45 AM ET)
TC Energy files 2023 annual disclosure documents
Globe Newswire (Fri, 16-Feb 8:10 AM ET)
TC Energy declares quarterly dividends
Globe Newswire (Fri, 16-Feb 6:35 AM ET)
TC Energy reports record 2023 operating and financial results driven by solid execution
Globe Newswire (Fri, 16-Feb 6:30 AM ET)
TC Energy to issue fourth quarter 2023 results on Feb. 16
Globe Newswire (Fri, 26-Jan 5:00 PM ET)
Made-in-Ontario Pumped Storage will enhance province's energy supply mix
Globe Newswire (Thu, 11-Jan 4:10 PM ET)
TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,300 megawatts of electric power.
TC Energy trades on the NYSE stock market under the symbol TRP.
As of March 28, 2024, TRP stock price climbed to $40.20 with 1,665,722 million shares trading.
TRP has a beta of 0.58, meaning it tends to be less sensitive to market movements. TRP has a correlation of 0.07 to the broad based SPY ETF.
TRP has a market cap of $41.69 billion. This is considered a Large Cap stock.
Last quarter TC Energy reported $3 billion in Revenue and $.99 earnings per share. This beat revenue expectation by $82 million and exceeded earnings estimates by $.16.
In the last 3 years, TRP stock traded as high as $59.38 and as low as $32.52.
The top ETF exchange traded funds that TRP belongs to (by Net Assets): MLPX, PID, TPYP, EMLP, IFRA.
TRP has underperformed the market in the last year with a price return of +15.0% while the SPY ETF gained +33.6%. TRP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +5.9% and +0.8%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
TRP support price is $39.33 and resistance is $39.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TRP stock will trade within this expected range on the day.