TC Energy Corp Pref Series 2

TC Energy Corp Pref Series 2

TRP-PF · TO · Energy / Oil & Gas Midstream

21.60CAD-0.27 (-1.23%)

Price History

Full chart

Market Stats

Previous Close21.87
Open21.60
Day Range21.60 – 21.60
52-Week Range17.58 – 22.08
Volume1.10K
Market Cap93.18B
P/E (TTM)6.58
Forward P/E0.00
EPS3.29
Dividend Yield4.89%
Beta0.98
50-Day Avg21.84
200-Day Avg20.93

About

TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. 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 94,171 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, 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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Francois Lionel Poirier
  • Employees6.57K
  • Headquarters450 - 1 Street SW, Calgary, AB, Canada, T2P 5H1, Canada
  • Websitehttps://www.tcenergy.com

Leadership

  • Mr. Francois Lionel PoirierCEO, President & Director · b. 1966
  • Mr. Sean P. O'DonnellExecutive VP of Strategy & Corporate Development and CFO
  • Ms. Anita Dusevic OlivaExecutive VP & General Counsel
  • Ms. Tina Veronica FaracaExecutive VP & COO of Natural Gas Pipelines · b. 1965
  • Mr. Gavin WylieVice-President of Investor Relations
  • Ms. Dawn E. de LimaExecutive Vice-President of Corporate Services
  • Mr. Patrick C. MuttartSenior Vice President of External Relations
  • Mr. Gregory D. GrantExecutive VP and President of Power & Energy Solutions
  • Yvonne Frame-ZawalykutVP & Corporate Controller
  • Jane M. BrindleVice-President of Law & Corporate Secretary

Financials

Income Statement

Currency: CAD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue13.45B13.68B13.26B13.00B13.39B14.98B13.27B13.77B15.24B
Growth (%)-+1.71%-3.10%-1.93%+2.98%+11.88%-11.42%+3.80%+10.66%
Cost of Revenue5.01B4.41B3.56B3.32B2.61B8.05B6.60B7.17B7.60B
Gross Profit8.44B9.27B9.70B9.68B10.78B6.93B6.67B6.61B7.64B
Gross Margin62.78%67.78%73.14%74.48%80.51%46.25%50.26%47.97%50.15%
Operating Expense3.91B3.59B3.91B3.88B4.87B848.00M781.00M820.00M881.00M
Operating Income4.54B5.68B5.79B5.80B5.91B6.08B5.89B5.79B6.76B
Operating Margin33.73%41.53%43.65%44.65%44.12%40.59%44.37%42.02%44.37%
EBITDA7.36B8.52B9.98B9.88B7.05B6.18B8.66B11.22B11.06B
EBITDA Margin54.75%62.26%75.32%76.02%52.65%41.24%65.26%81.45%72.58%
Net Income3.16B3.70B4.14B4.62B1.96B748.00M2.92B4.70B3.52B
Net Income Margin23.47%27.06%31.23%35.51%14.60%4.99%22.02%34.12%23.09%
Interest Expense02.22B2.33B2.19B2.36B2.22B2.58B2.52B2.85B
Interest Expense % of Total Revenue0.00%16.21%17.60%16.81%17.63%14.82%19.46%18.32%18.68%

Balance Sheet

Currency: CAD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets86.10B98.92B99.28B100.30B104.22B114.35B125.03B118.24B118.75B
Total Liabilities59.21B67.93B66.88B67.22B70.82B80.23B86.03B79.88B81.85B
Total Equity25.04B29.34B30.76B31.40B33.27B33.99B29.55B27.59B27.30B
Cash1.09B446.00M1.34B1.53B673.00M620.00M3.68B801.00M168.00M
Net Debt42.42B49.80B48.56B48.03B52.09B57.68B59.52B58.56B60.03B

Cash Flow

Currency: CAD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.23B6.55B7.08B7.06B6.89B6.38B7.27B7.70B7.35B
Investing Cash Flow-3.70B-10.02B-6.87B-6.05B-7.71B-7.01B---
Financing Cash Flow-1.42B2.75B693.00M-800.00M-88.00M487.00M8.09B-3.87B-1.52B
Capital Expenditure7.53B9.91B8.18B8.13B5.92B6.73B8.15B6.36B5.29B
Free Cash Flow-2.30B-3.36B-1.10B-1.08B966.00M-352.00M-881.00M1.34B2.06B
Dividends Paid1.49B1.73B1.96B3.15B3.46B3.30B2.88B4.05B3.62B
FCF to OCF-43.96%-51.24%-15.53%-15.26%14.02%-5.52%-12.12%17.39%28.04%
Dividend Paid to FCF-64.98%-51.47%-178.00%-292.11%357.97%-936.93%-326.79%302.84%175.78%

Key Statistics & Ratios

Market Cap93.18B
Enterprise Value94.97B
Trailing P/E6.58
Forward P/E0.00
Price / Sales6.11
Price / Book0.00
EPS3.29
Book Value24.06
Revenue (TTM)15.69B
Gross Profit (TTM)10.91B
EBITDA9.94B
Profit Margin22.91%
Operating Margin44.25%
Return on Equity11.83%
Return on Assets3.67%
Shares Outstanding914.00M
Shares Float998.37M
Beta0.98
Dividend Yield4.89%
Dividend Rate1.06
Payout Ratio0.00%

Dividends

20263×
0.26Aug 31, 20260.26Jun 1, 20260.26Mar 2, 2026
20254×
0.29Dec 1, 20250.28Sep 3, 20250.30Jun 2, 20250.33Feb 28, 2025
20244×
0.40Dec 2, 20240.42Sep 4, 20240.43May 31, 20240.43Feb 28, 2024
20234×
0.44Nov 29, 20230.40Aug 30, 20230.40May 30, 20230.38Feb 27, 2023
20224×
0.33Nov 29, 20220.21Aug 30, 20220.16May 30, 20220.13Feb 25, 2022
20214×
0.13Nov 29, 20210.13Aug 30, 20210.12May 28, 20210.13Feb 26, 2021
20201×
0.13Nov 27, 2020