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TCP - TC PipeLines LP Share Price

$32.96 0.7  2.0%

Last Trade - 2:55pm

Market Cap £1.80bn
Enterprise Value £3.34bn
Revenue £299.7m
Position in Universe 1659th / 6368
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +1.30%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -27.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
336 417 426 422 549 403 512.4 561.5 +3.7%
+25.3 +11.2 +7.8 -1.5 -13.0 +35.9 -5.33 -3.58
PEG
Profitability
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Cashflow
Dividends
Balance Sheet
NFA
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FINANCIAL BRIEF: : For the six months ended 30 June 2020, TC Pipelines, LP revenues decreased 5% to $196M. Net income applicable to common stockholders decreased 2% to $142M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Northern Border decrease of 37% to $22M (income), Great Lakes decrease of 31% to $20M (income), Iroquois decrease of 35% to $13M (income).
Health Trend(F-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

TC PipeLines, LP is a master limited partnership. The Company acquires, owns and participates in the management of energy infrastructure businesses in North America. The Company's pipeline systems transport natural gas in the United States. As of December 31, 2016, the Company had four pipelines and equity ownership interests in three natural gas interstate pipeline systems that are collectively designed to transport approximately 9.1 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. The Company's pipeline systems include Gas Transmission Northwest LLC (GTN), Bison Pipeline LLC (Bison), North Baja Pipeline, LLC (North Baja), Tuscarora Gas Transmission Company (Tuscarora), Northern Border Pipeline Company (Northern Border), Portland Natural Gas Transmission System (PNGTS), and Great Lakes Gas Transmission Limited Partnership (Great Lakes).

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated December 16, 1998
Public Since May 25, 1999
No. of Shareholders: 27
No. of Employees: n/a
Sector Energy
Industry Oil & Gas Related Equipment and Services
Index
Exchange New York Stock Exchange
Shares in Issue 73,200,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
TCP Share Price Performance
Share Price
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Latest News for TCP
Upcoming Events for TCP
Thursday 5th November, 2020 Estimate
Q3 2020 TC PipeLines LP Earnings Release
Frequently Asked Questions for TC PipeLines LP
What is the TC PipeLines LP share price?

As of 2:55pm, shares in TC PipeLines LP are trading at $32.96, giving the company a market capitalisation of £1.80bn. This share price information is delayed by 15 minutes.

How has the TC PipeLines LP share price performed this year?

Shares in TC PipeLines LP are currently trading at $32.96 and the price has moved by -15.82% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the TC PipeLines LP price has moved by -26.58% over the past year.

What are the analyst and broker recommendations for TC PipeLines LP?

Of the analysts with advisory recommendations for TC PipeLines LP, there are there are currently 2 "buy" , 5 "hold" and 1 "sell" recommendations. The overall consensus recommendation for TC PipeLines LP is Sell. You can view the full broker recommendation list by unlocking its StockReport.

When will TC PipeLines LP next release its financial results?

TC PipeLines LP is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the TC PipeLines LP dividend yield?

The TC PipeLines LP dividend yield is 8.05% based on the trailing twelve month period.

Does TC PipeLines LP pay a dividend?

Last year, TC PipeLines LP paid a total dividend of 2.6, and it currently has a trailing dividend yield of 8.05%. Looking ahead, TC PipeLines LP has not announced an ex-dividend date yet and the next dividend pay date is 2020-08-14.

When does TC PipeLines LP next pay dividends?

TC PipeLines LP has yet to annouce their ex-dividend date and the next dividend pay date is 2020-08-14. The historic dividend yield on TC PipeLines LP shares is currently 8.05%.

How do I buy TC PipeLines LP shares?

To buy shares in TC PipeLines LP you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of TC PipeLines LP?

Shares in TC PipeLines LP are currently trading at $32.96, giving the company a market capitalisation of £1.80bn.

Where are TC PipeLines LP shares listed? Where are TC PipeLines LP shares listed?

Here are the trading details for TC PipeLines LP:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: TCP
What kind of share is TC PipeLines LP?

Based on an overall assessment of its quality, value and momentum, TC PipeLines LP is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a TC PipeLines LP share price forecast 2020?

Shares in TC PipeLines LP are currently priced at $32.96. At that level they are trading at 9.75% discount to the analyst consensus target price of 0.00.

Analysts covering TC PipeLines LP currently have a consensus Earnings Per Share (EPS) forecast of 3.545 for the next financial year.

How can I tell whether the TC PipeLines LP share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like TC PipeLines LP. Over the past six months, the relative strength of its shares against the market has been -18.73%. At the current price of $32.96, shares in TC PipeLines LP are trading at -9.51% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the TC PipeLines LP PE Ratio?

The TC PipeLines LP PE ratio based on its reported earnings over the past 12 months is 8.72. The shares are currently trading at $32.96.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of TC PipeLines LP?

TC PipeLines LP's management team is headed by:

John Stark - IND
Walentin Mirosh - IND
Sean Brett - DRC
Malyn Malquist - IND
William Morris - CFO
Jon Dobson - SEC
Nathaniel Brown - PRE
Janine Watson - VPR
Nancy Priemer - VPR
Nadine Berge - DRC
Stanley Chapman - CHM
Burton Cole - CTR
Alisa Williams - VPR
Who are the major shareholders of TC PipeLines LP?

Here are the top five shareholders of TC PipeLines LP based on the size of their shareholding:

TransCanada Pipelines Ltd Corporation
Percentage owned: 23.96% (17.1m shares)
Energy Income Partners LLC Investment Advisor/Hedge Fund
Percentage owned: 12.09% (8.62m shares)
Alps Advisors, Inc. Investment Advisor/Hedge Fund
Percentage owned: 9.81% (7.00m shares)
Alps Alerian MLP ETF Mutual Fund
Percentage owned: 9.21% (6.57m shares)
Invesco Advisers, Inc. Investment Advisor
Percentage owned: 6.62% (4.72m shares)
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