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TC Energy (TRP)

(Delayed Data from NYSE)

$36.10 USD

36.10
2,934,696

+0.01 (0.03%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $36.07 -0.03 (-0.08%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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.

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B Value D Growth F Momentum D 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%.

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Top 32% (81 out of 252)

Industry: Alternative Energy - Other

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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.

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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.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,725 1,468 811 2,847
Receivables NA 3,118 2,656 2,327 2,336
Notes Receivable NA 0 0 0 0
Inventories NA 727 916 778 727
Other Current Assets NA 1,854 2,129 1,753 1,717
Total Current Assets NA 8,424 7,170 5,670 7,627
Net Property & Equipment NA 59,686 59,930 58,015 57,261
Investments & Advances NA 11,270 11,037 10,491 10,318
Other Non-Current Assets NA 0 0 0 1,934
Deferred Charges NA 0 0 0 0
Intangibles NA 9,284 11,616 9,344 9,489
Deposits & Other Assets NA 3,962 1,658 3,529 1,484
Total Assets NA 92,625 91,410 87,049 88,113
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 182 1,918 2,980
Accounts Payable NA 5,176 5,193 4,154 4,428
Current Portion Long-Term Debt NA 2,176 1,576 2,034 1,657
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 676 620 537 541
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 725 728 721 712
Total Current Liabilities NA 8,754 8,298 9,364 10,318
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 6,019 6,281 6,055 5,917
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 44,643 47,124 41,936 41,941
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 26,756 4,284 4,217
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 63,728 88,458 61,639 62,393
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 1,851 1,863 1,859 1,847
Common Stock (Par) NA 22,225 0 22,037 21,632
Capital Surplus NA 0 543 541 536
Retained Earnings NA -2,220 -512 354 874
Other Equity NA 7,041 1,059 619 832
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 28,897 2,952 25,410 25,720
Total Liabilities & Shareholder's Equity NA 92,625 91,410 87,049 88,113
Total Common Equity 0 27,046 1,090 23,551 23,873
Shares Outstanding 1,000.00 1,000.00 1,037.40 1,029.40 1,022.70
Book Value Per Share 0.00 27.05 1.05 22.88 23.34