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TC Energy Corp (TRP)



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Upturn Advisory Summary
04/01/2025: TRP (3-star) is a STRONG-BUY. BUY since 10 days. Profits (0.17%). Updated daily EoD!
Analysis of Past Performance
Type Stock | Historic Profit -6.24% | Avg. Invested days 35 | Today’s Advisory Strong Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 48.27B USD | Price to earnings Ratio 16.12 | 1Y Target Price 45.46 |
Price to earnings Ratio 16.12 | 1Y Target Price 45.46 | ||
Volume (30-day avg) 2147459 | Beta 0.89 | 52 Weeks Range 30.03 - 50.06 | Updated Date 04/4/2025 |
52 Weeks Range 30.03 - 50.06 | Updated Date 04/4/2025 | ||
Dividends yield (FY) 5.14% | Basic EPS (TTM) 2.85 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 34.12% | Operating Margin (TTM) 40.48% |
Management Effectiveness
Return on Assets (TTM) 2.98% | Return on Equity (TTM) 12.88% |
Valuation
Trailing PE 16.12 | Forward PE 17.95 | Enterprise Value 93496964961 | Price to Sales(TTM) 3.51 |
Enterprise Value 93496964961 | Price to Sales(TTM) 3.51 | ||
Enterprise Value to Revenue 9.65 | Enterprise Value to EBITDA 11.85 | Shares Outstanding 1039320000 | Shares Floating 998760000 |
Shares Outstanding 1039320000 | Shares Floating 998760000 | ||
Percent Insiders 0.04 | Percent Institutions 74.93 |
Analyst Ratings
Rating 3.41 | Target Price 44.1 | Buy 6 | Strong Buy 3 |
Buy 6 | Strong Buy 3 | ||
Hold 10 | Sell 3 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
TC Energy Corp

Company Overview
History and Background
TC Energy Corporation, formerly TransCanada Corporation, was founded in 1951. Initially focused on natural gas pipelines, it has expanded into oil pipelines, power generation, and energy storage. A key milestone was the completion of the original TransCanada pipeline. They have navigated significant regulatory and environmental challenges throughout their history.
Core Business Areas
- Canadian Natural Gas Pipelines: Transports natural gas from supply basins in Western Canada to markets across North America.
- U.S. Natural Gas Pipelines: Operates and maintains a network of natural gas pipelines in the United States.
- Liquids Pipelines: Transports crude oil to refineries and markets primarily in North America.
- Power and Energy Solutions: Generates electricity and provides energy storage solutions.
Leadership and Structure
The company is led by a board of directors and an executive leadership team. The organizational structure is divided by business segments, each with its own management structure.
Top Products and Market Share
Key Offerings
- Natural Gas Transportation: TC Energy transports natural gas across a vast pipeline network. Market share data is difficult to pinpoint exactly due to varying regional markets, but they are a major player in North America. Competitors include Enbridge, Kinder Morgan, and Williams Companies. Revenue data is not available without access to non-public sources.
- Crude Oil Transportation: TC Energy transports crude oil via pipelines. Competitors include Enbridge, Plains All American Pipeline, and Enterprise Products Partners. Specific market share numbers are not easily obtainable.
- Power Generation: TC Energy generates power from various sources, including natural gas. Its power generation is smaller compared to its pipeline business, with competitors such as NextEra Energy, Duke Energy, and Southern Company.
Market Dynamics
Industry Overview
The energy infrastructure industry is undergoing significant changes driven by increased demand for natural gas and oil, as well as the transition to renewable energy. Regulations and environmental concerns are also key factors.
Positioning
TC Energy is a major player in the North American energy infrastructure market. Its competitive advantages include its extensive pipeline network, diverse asset base, and strong relationships with customers and regulators.
Total Addressable Market (TAM)
The TAM for North American energy infrastructure is estimated to be worth hundreds of billions of dollars. TC Energy is well-positioned to capture a significant portion of this market due to its established infrastructure and strategic investments.
Upturn SWOT Analysis
Strengths
- Extensive pipeline network
- Diverse asset base
- Strong relationships with customers
- Experience in regulatory environment
- Financial Strength
Weaknesses
- Exposure to commodity price fluctuations
- Regulatory risks
- Environmental concerns
- Project execution risks
- High debt levels
Opportunities
- Growing demand for natural gas
- Expansion into renewable energy
- Infrastructure upgrades
- Strategic acquisitions
- New technology
Threats
- Increased competition
- Changing regulations
- Environmental activism
- Economic downturn
- Geopolitical risks
Competitors and Market Share
Key Competitors
- ENB
- KMI
- WMB
- EPD
- PBA
Competitive Landscape
TC Energy possesses a large infrastructure footprint, providing a significant competitive edge. However, navigating regulatory hurdles and adapting to the evolving energy landscape is paramount for sustained success against key competitors.
Major Acquisitions
Columbia Pipeline Group
- Year: 2016
- Acquisition Price (USD millions): 13000
- Strategic Rationale: Expanded TC Energy's natural gas pipeline network in the U.S. Northeast and Mid-Atlantic regions.
Growth Trajectory and Initiatives
Historical Growth: TC Energy's growth has been driven by expansions in its pipeline network and investments in power generation.
Future Projections: Analyst projections vary. Future growth is dependent on energy demand, regulatory approvals, and investment decisions.
Recent Initiatives: Recent strategic initiatives include focusing on natural gas and expanding investments in renewable energy projects.
Summary
TC Energy is a major player in North American energy infrastructure, particularly in natural gas transportation. The company has a large and diverse asset base and faces challenges from regulatory and environmental factors. Future growth will depend on strategic investments and the ability to navigate the energy transition. The company remains financially strong but must address its high debt levels to ensure long term growth.
Similar Companies

ENB

Enbridge Inc



ENB

Enbridge Inc

EPD

Enterprise Products Partners LP



EPD

Enterprise Products Partners LP

KMI

Kinder Morgan Inc



KMI

Kinder Morgan Inc

PBA

Pembina Pipeline Corp



PBA

Pembina Pipeline Corp

WMB

Williams Companies Inc



WMB

Williams Companies Inc
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About TC Energy Corp
Exchange NYSE | Headquaters Calgary, AB, Canada | ||
IPO Launch date 1987-12-30 | CEO, President & Director Mr. Francois Lionel Poirier | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees 6668 | Website https://www.tcenergy.com |
Full time employees 6668 | Website https://www.tcenergy.com |
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.
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