Tc Energy Corp Stock Today
| TRP Stock | CAD 49.05 0.51 1.05% |
Performance0 of 100
| Odds Of DistressLess than 3
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TC Energy is selling at 49.05 as of the 20th of April 2024; that is 1.05% increase since the beginning of the trading day. The stock's open price was 48.54. TC Energy has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for TC Energy Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Energy |
TC Energy Corporation operates as an energy infrastructure company in North America. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada. TC ENERGY operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. The company has 1.04 B outstanding shares of which 43.91 M shares are at this time shorted by private and institutional investors with about 3.82 days to cover all short positions. More on TC Energy Corp
Moving together with TRP Stock
| 0.69 | ENS | E Split Corp | PairCorr |
Moving against TRP Stock
| 0.69 | SAGE | Sage Potash Corp | PairCorr |
TRP Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TC Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TC Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, TC Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TC Energy's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Russell Girling | ||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | ||||
| Excise Tax Activities | Nuclear | ||||
TC Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TC Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TC Energy's financial leverage. It provides some insight into what part of TC Energy's total assets is financed by creditors.
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TC Energy Corp (TRP) is traded on Toronto Exchange in Canada and employs 7,000 people. TC Energy is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 50.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TC Energy's market, we take the total number of its shares issued and multiply it by TC Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TC Energy Corp operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 1.04 B outstanding shares of which 43.91 M shares are at this time shorted by private and institutional investors with about 3.82 days to cover all short positions.
TC Energy Corp has accumulated about 620 M in cash with 7.43 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59.
Check TC Energy Probability Of Bankruptcy
Ownership AllocationTC Energy Corp secures a total of 1.04 Billion outstanding shares. The majority of TC Energy Corp outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to take positions in TC Energy Corp to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in TC Energy Corp. Please pay attention to any change in the institutional holdings of TC Energy as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check TRP Ownership Details
TRP Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of TC Energy jumping above the current price in 90 days from now is roughly 97.0%. The TC Energy Corp probability density function shows the probability of TC Energy stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon TC Energy has a beta of 0.5909. This usually implies as returns on the market go up, TC Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TC Energy Corp will be expected to be much smaller as well. Additionally, tC Energy Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of TC Energy to move above the current price in 90 days from now is roughly 97.0 (This TC Energy Corp probability density function shows the probability of TRP Stock to fall within a particular range of prices over 90 days) .
TC Energy Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. TC Energy market risk premium is the additional return an investor will receive from holding TC Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TC Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although TC Energy's alpha and beta are two of the key measurements used to evaluate TC Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7365 | |||
| Standard Deviation | 0.97 | |||
| Variance | 0.9408 | |||
| Risk Adjusted Performance | (0.04) |
TRP Stock Against Markets
Picking the right benchmark for TC Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TC Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TC Energy is critical whether you are bullish or bearish towards TC Energy Corp at a given time. Please also check how TC Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in TC Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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TC Energy Corporate Directors
TC Energy corporate directors refer to members of a TC Energy board of directors. The board of directors generally takes responsibility for the TC Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TC Energy's board members must vote for the resolution. The TC Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Derek Burney | Independent Director | Profile | |
| John Lowe | Independent Director | Profile | |
| Randy Limbacher | Independent Director | Profile | |
| Paula Reynolds | Independent Director | Profile |
How to buy TRP Stock?
Before investing in TC Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TC Energy. To buy TC Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TC Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase TC Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TC Energy Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased TC Energy Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TC Energy Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TRP Stock please use our How to Invest in TC Energy guide.
Already Invested in TC Energy Corp?
The danger of trading TC Energy Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TC Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TC Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TC Energy Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for TRP Stock analysis
When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.
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