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.
Natural Gas Powerhouse | TC Energy's strategic focus on natural gas infrastructure positions it to capitalize on growing demand, particularly from AI and data center expansion |
Spin-off Strategy | Explore the potential of TC Energy's liquids infrastructure spin-off into South Bow Corp., aimed at unlocking shareholder value and enabling targeted growth strategies |
Financial Fortitude | Delve into TC Energy's financial performance, including its impressive 52-year dividend streak and efforts to reduce leverage, with an average analyst price target of CAD 66.75 |
Market Dynamics | Learn how TC Energy navigates industry challenges and opportunities, balancing traditional energy infrastructure with the growing push for cleaner energy solutions |
Metrics to compare | TRP | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipTRPPeersSector | |
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P/E Ratio | 16.2x | 17.1x | 4.8x | |
PEG Ratio | 0.26 | 0.01 | 0.00 | |
Price/Book | 2.7x | 2.1x | 1.1x | |
Price / LTM Sales | 5.0x | 1.8x | 1.1x | |
Upside (Analyst Target) | −4.9% | 19.5% | 38.6% | |
Fair Value Upside | Unlock | 14.4% | 9.0% | Unlock |