How to buy TC Energy (TRP) stocks

TC Energy is an oil & gas midstream business based in Canada. TC Energy shares (TRP) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$65.79 – a decrease of 0.48% over the previous week. TC Energy employs 7,000 staff and has a trailing 12-month revenue of around C$16.6 billion.

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TC Energy stock price (Toronto Stock Exchange (TSX): TRP)

Use our graph to track the performance of TRP stocks over time.

TC Energy stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	C$65.79
52-week range	C$42.33 - C$70.32
50-day moving average more info button	C$66.67
200-day moving average more info button	C$54.81
Wall St. target price	C$69.89
PE ratio more info button	13.2627
Dividend yield more info button	C$3.81 (5.05%)
Earnings per share (TTM) more info button	C$4.91

Is it a good time to buy TC Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

TC Energy price performance over time

Historical closes compared with the close of C$65.12 from 2024-12-18

1 week (2024-12-13)	-1.50%
1 month (2024-11-21)	-7.16%
3 months (2024-09-20)	4.02%
6 months (2024-06-20)	24.79%

1 year (2023-12-20)	24.44%
2 years (2022-12-20)	53.59%
3 years (2021-12-20)	49.46%
5 years (2019-12-20)	41.25%

Is TC Energy stock undervalued or overvalued?

Valuing TC Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TC Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

TC Energy's P/E ratio

TC Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, TC Energy shares trade at around 13x recent earnings.

TC Energy's PEG ratio

TC Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5391. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TC Energy's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

TC Energy's EBITDA

TC Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$9.7 billion.

The EBITDA is a measure of a TC Energy's overall financial performance and is widely used to measure a its profitability.

TC Energy financials

Revenue TTM	C$16.6 billion
Operating margin TTM	39.51%
Gross profit TTM	C$9.6 billion
Return on assets TTM	3.33%
Return on equity TTM	15.62%
Profit margin	31.15%
Book value	C$26.93
Market Capitalization more info button	C$67.6 billion
EBITDA more info button	C$9.7 billion

TTM: trailing 12 months

TC Energy's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like TC Energy.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

TC Energy's total ESG risk score

Total ESG risk: 31.16

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and TC Energy's overall score of 31.16 (as at 12/31/2018) is nothing to write home about – landing it in it in the 49th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like TC Energy is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

TC Energy's environmental score

Environmental score: 19.03/100

TC Energy's environmental score of 19.03 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that TC Energy is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

TC Energy's social score

Social score: 16.73/100

TC Energy's social score of 16.73 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that TC Energy is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

TC Energy's governance score

Governance score: 9.4/100

TC Energy's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that TC Energy is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

TC Energy's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. TC Energy scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that TC Energy hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

TC Energy Corp was last rated for ESG on: 2019-01-01.

Total ESG score	31.16
Total ESG percentile	48.52
Environmental score	19.03
Environmental score percentile	8
Social score	16.73
Social score percentile	8
Governance score	9.4
Governance score percentile	8
Level of controversy	3

TC Energy stock dividends

Dividend payout ratio: 81.75% of net profits

Recently TC Energy has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TC Energy shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In TC Energy's case, that would currently equate to about C$3.81 per share.

TC Energy's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

TC Energy's most recent dividend payout was on 30 January 2025. The latest dividend was paid out to all shareholders who bought their stocks by 30 December 2024 (the "ex-dividend date").

Have TC Energy's stocks ever split?

TC Energy's stocks were split on a 1097:1000 basis on 1 October 2024 . So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1097 shares. This wouldn't directly have changed the overall worth of your TC Energy stocks – just the quantity. However, indirectly, the new 8.8% lower stock price could have impacted the market appetite for TC Energy stocks, which in turn could have impacted TC Energy's stock price.

TC Energy stock price volatility

Over the last 12 months, TC Energy's stocks have ranged in value from as little as C$42.3328 up to C$70.32. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while TC Energy's is 0.816. This would suggest that TC Energy's stocks are less volatile than average (for this exchange).

TC Energy overview

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 Energy Solutions. The company builds and operates a network of 93,600 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. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast.

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Frequently asked questions

What percentage of TC Energy is owned by insiders or institutions?
Currently 0.034% of TC Energy stocks are held by insiders and 79.042% by institutions. How many people work for TC Energy?
Latest data suggests 7,000 work at TC Energy. When does the fiscal year end for TC Energy?
TC Energy's fiscal year ends in December. Where is TC Energy based?
TC Energy's address is: 450 - 1 Street SW, Calgary, AB, Canada, T2P 5H1 What is TC Energy's ISIN number?
TC Energy's international securities identification number is: CA87807B1076

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