TC Energy Corporation
TRP
Market Cap$43.05B
Close$
Earnings Call Q2 2024
August 1, 2024 - AI Summary
TC Energy reported a strong second quarter with a 9% growth in comparable EBITDA compared to the same period last year.
The company made significant progress on its strategic priorities, including successful shareholder approval for the spinoff of its liquids pipelines business and unanimous support from customers for a five-year settlement agreement on its NGTL system.
TC Energy is on track to achieve its 2024 deleveraging target of 4.75x debt-to-EBITDA by the end of the year, thanks to asset sales, strong EBITDA performance, and cost savings in capital expenditures.
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$38.93
15.2% downside
Current Fair Value
15.2% downsideOvervalued by 15.2% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $43.05 Billion |
|---|---|
| Enterprise Value | $105.63 Billion |
| Dividend Yield | $3.4342 (8.28%) |
| Earnings per Share | $2.07 |
| Beta | 0.53 |
| Outstanding Shares | 1,037,487,829 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 20.18 |
|---|---|
| PEG | 7.68 |
| Price to Sales | 3.06 |
| Price to Book Ratio | 1.18 |
| Enterprise Value to Revenue | 6.66 |
| Enterprise Value to EBIT | 15.9 |
| Enterprise Value to Net Income | 29 |
| Total Debt to Enterprise | 0.62 |
| Debt to Equity | 2.16 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About TC Energy Corporation
CEO: Russell Girling