Market research
TCP TC PipeLines, LP
NYSE USD Energy
Latest close
As of 29 Dec 2024
Test a moving-average rule with historical data.
Market facts
- Market cap
- 2B
- P/E ratio
- 7.75
- Analyst target
- 35
- Dividend yield
- 8.7%
- Beta
- 0.92
Profile
Instrument facts
- Exchange
- NYSE
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- ISIN
- Not available
- Market cap
- 2B
- P/E ratio
- 7.75
- Analyst target
- 35
- Dividend yield
- 8.7%
- Beta
- 0.92
About
About TC PipeLines, LP
TC PipeLines, LP acquires, owns, and participates in the management of energy infrastructure businesses in North America. The company has interests in eight natural gas interstate pipeline systems that transport approximately 10.9 billion cubic feet per day of natural gas from producing regions and import facilities to market hubs and consuming markets primarily in the Western, Midwestern, and Eastern United States. It serves large utilities, local distribution companies, natural gas marketers, producing companies, and other interstate pipelines, including affiliates. TC PipeLines GP, Inc. operates as a general partner of the company. TC PipeLines, LP was founded in 1998 and is based in Houston, Texas.
Research context
TC PipeLines, LP appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Midstream
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
Community
Investor discussion
1 comment
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5 years, 6 months ago
TC PipeLines, LP is currently in a long term uptrend where the price is trading 0.5% above its 200 day moving average.
From a valuation standpoint, the stock is 32.9% cheaper than other stocks from the Energy sector with a price to sales ratio of 5.4.
TC PipeLines, LP's total revenue sank by 56.9% to $45M since the same quarter in the previous year.
Its net income has dropped by 104.6% to $-3M since the same quarter in the previous year.
Finally, its free cash flow fell by 437.2% to $-138M since the same quarter in the previous year.
Based on the above factors, TC PipeLines, LP gets an overall score of 2/5.