TC Energy Corporation
TRP
Market Cap$38.16B
Close$
Earnings Call Q4 2023
February 16, 2024 - AI Summary
TC Energy reported strong financial results for the fourth quarter of 2023, with a year-over-year growth in comparable EBITDA of 16%.
The company achieved mechanical completion on the Coastal GasLink project and is now ready to deliver natural gas to LNG Canada's facility. Post-construction activities will continue throughout 2024.
Progress is being made on the Southeast Gateway marine pipeline in Mexico, with offshore pipe installation and onshore construction progressing as planned.
Exclusive for Stockcircle Pro members
Sign up
$38.93
10.9% upside
Current Fair Value
10.9% upsideUndervalued by 10.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $38.16 Billion |
|---|---|
| Enterprise Value | $84.97 Billion |
| Dividend Yield | $3.4007 (9.25%) |
| Earnings per Share | $2.07 |
| Beta | 0.56 |
| Outstanding Shares | 1,037,487,829 |
| Avg 30 Day Volume | 4,133,311 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 17.89 |
|---|---|
| PEG | -14.47 |
| Price to Sales | 3.51 |
| Price to Book Ratio | 1.53 |
| Enterprise Value to Revenue | 7.49 |
| Enterprise Value to EBIT | 15.02 |
| Enterprise Value to Net Income | -836 |
| Total Debt to Enterprise | 0.57 |
| Debt to Equity | 1.95 |
Revenue Sources
No data
ESG Score
No data
About TC Energy Corporation
CEO: Russell Girling