Back to top
more

TC Energy (TRP)

(Delayed Data from NYSE)

$45.07 USD

45.07
1,734,785

+0.61 (1.37%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $45.07 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value F Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 30% (176 out of 251)

Industry: Alternative Energy - Other

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for TRP

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for TC Energy Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,725 477 537 1,142 1,012
Receivables 3,118 2,788 3,438 1,614 1,825
Notes Receivable 0 0 0 0 0
Inventories 727 720 578 470 341
Other Current Assets 1,854 1,655 1,370 657 2,588
Total Current Assets 8,424 5,640 5,923 3,883 5,766
Net Property & Equipment 59,686 58,413 55,998 52,087 49,353
Investments & Advances 11,270 10,413 8,476 6,401 6,076
Other Non-Current Assets 0 0 190 999 1,081
Deferred Charges 0 0 0 0 0
Intangibles 9,284 9,879 10,039 9,465 11,345
Deposits & Other Assets 3,962 3,611 2,529 2,039 1,196
Total Assets 92,625 87,956 83,156 74,874 74,817
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 4,817 4,122 3,117 3,240
Accounts Payable 5,176 5,499 4,068 2,849 3,424
Current Portion Long-Term Debt 2,176 1,460 1,053 1,472 2,038
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 676 514 460 444 462
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 725 715 701 1,066 555
Total Current Liabilities 8,754 13,005 10,405 8,948 9,721
Mortgages 0 0 0 0 0
Deferred Taxes/Income 6,019 5,883 4,901 4,334 4,298
Convertible Debt 0 0 0 0 0
Long-Term Debt 44,643 38,568 36,927 32,406 32,325
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 4,312 4,259 4,276 4,198 4,059
Minority Interest (Liabilities) 0 0 0 293 0
Total Liabilities 63,728 61,714 56,509 50,180 50,402
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 1,851 1,922 2,782 2,971 2,999
Common Stock (Par) 22,225 22,303 21,317 18,280 18,378
Capital Surplus 0 555 582 1 0
Retained Earnings -2,220 630 3,010 4,006 2,980
Other Equity 7,041 832 -1,044 -565 57
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 28,897 26,242 26,647 24,694 24,414
Total Liabilities & Shareholder's Equity 92,625 87,956 83,156 74,874 74,817
Total Common Equity 27,046 24,320 23,864 21,723 21,415
Shares Outstanding 1,000.00 1,017.90 980.80 940.00 938.00
Book Value Per Share 27.05 23.89 24.33 23.11 22.83

Fiscal Year End for TC Energy Corporation falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 1,808 2,367 2,725 1,468 811
Receivables 2,941 3,127 3,118 2,656 2,327
Notes Receivable 0 0 0 0 0
Inventories 742 815 727 916 778
Other Current Assets 2,153 2,501 1,854 2,129 1,753
Total Current Assets 7,643 8,810 8,424 7,170 5,670
Net Property & Equipment 61,122 60,761 59,686 59,930 58,015
Investments & Advances 9,703 9,716 11,270 11,037 10,491
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 11,086 11,770 9,284 11,616 9,344
Deposits & Other Assets 3,950 3,847 3,962 1,658 3,529
Total Assets 93,505 94,906 92,625 91,410 87,049
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 1,142 282 0 182 1,918
Accounts Payable 4,606 5,148 5,176 5,193 4,154
Current Portion Long-Term Debt 2,693 2,288 2,176 1,576 2,034
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 625 671 676 620 537
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,018 1,032 725 728 721
Total Current Liabilities 10,084 9,420 8,754 8,298 9,364
Mortgages 0 0 0 0 0
Deferred Taxes/Income 5,675 6,279 6,019 6,281 6,055
Convertible Debt 0 0 0 0 0
Long-Term Debt 43,652 45,296 44,643 47,124 41,936
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 4,505 4,312 26,756 4,284
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 63,916 65,495 63,728 88,458 61,639
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 1,826 1,853 1,851 1,863 1,859
Common Stock (Par) 21,922 22,240 22,225 0 22,037
Capital Surplus 0 0 0 543 541
Retained Earnings -2,074 -2,059 -2,220 -512 354
Other Equity 7,915 7,376 7,041 1,059 619
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 29,589 29,410 28,897 2,952 25,410
Total Liabilities & Shareholder's Equity 93,505 94,906 92,625 91,410 87,049
Total Common Equity 27,763 27,558 27,046 1,090 23,551
Shares Outstanding 1,000.00 1,000.00 1,000.00 1,037.40 1,029.40
Book Value Per Share 27.76 27.56 27.05 1.05 22.88