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TC Energy (TRP) Competitors

C$52.56
+0.75 (+1.45%)
(As of 05/31/2024 ET)

TRP vs. ENB, PPL, ALA, KEY, GEI, TPZ, KML, TWM, CNQ, and SU

Should you be buying TC Energy stock or one of its competitors? The main competitors of TC Energy include Enbridge (ENB), Pembina Pipeline (PPL), AltaGas (ALA), Keyera (KEY), Gibson Energy (GEI), Topaz Energy (TPZ), Kinder Morgan Canada Limited (KML.TO) (KML), Tidewater Midstream and Infrastructure (TWM), Canadian Natural Resources (CNQ), and Suncor Energy (SU).

TC Energy vs.

TC Energy (TSE:TRP) and Enbridge (TSE:ENB) are both large-cap energy companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, valuation, earnings, dividends, institutional ownership, media sentiment, risk and profitability.

TC Energy has a beta of 0.74, suggesting that its share price is 26% less volatile than the S&P 500. Comparatively, Enbridge has a beta of 0.88, suggesting that its share price is 12% less volatile than the S&P 500.

TC Energy currently has a consensus price target of C$54.50, indicating a potential upside of 3.69%. Enbridge has a consensus price target of C$53.56, indicating a potential upside of 7.49%. Given Enbridge's stronger consensus rating and higher possible upside, analysts clearly believe Enbridge is more favorable than TC Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TC Energy
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.36
Enbridge
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

TC Energy has a net margin of 17.31% compared to Enbridge's net margin of 13.81%. Enbridge's return on equity of 8.70% beat TC Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
TC Energy17.31% 8.37% 3.46%
Enbridge 13.81%8.70%3.15%

TC Energy pays an annual dividend of C$3.84 per share and has a dividend yield of 7.3%. Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.3%. TC Energy pays out 147.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enbridge pays out 138.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enbridge is clearly the better dividend stock, given its higher yield and lower payout ratio.

83.1% of TC Energy shares are held by institutional investors. Comparatively, 53.4% of Enbridge shares are held by institutional investors. 0.0% of TC Energy shares are held by company insiders. Comparatively, 0.1% of Enbridge shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Enbridge has higher revenue and earnings than TC Energy. Enbridge is trading at a lower price-to-earnings ratio than TC Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TC EnergyC$16.25B3.36C$2.72BC$2.6020.22
EnbridgeC$42.61B2.49C$5.53BC$2.6418.88

In the previous week, Enbridge had 1 more articles in the media than TC Energy. MarketBeat recorded 4 mentions for Enbridge and 3 mentions for TC Energy. TC Energy's average media sentiment score of 1.05 beat Enbridge's score of 0.12 indicating that TC Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TC Energy
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enbridge
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enbridge received 154 more outperform votes than TC Energy when rated by MarketBeat users. Likewise, 69.93% of users gave Enbridge an outperform vote while only 61.93% of users gave TC Energy an outperform vote.

CompanyUnderperformOutperform
TC EnergyOutperform Votes
597
61.93%
Underperform Votes
367
38.07%
EnbridgeOutperform Votes
751
69.93%
Underperform Votes
323
30.07%

Summary

Enbridge beats TC Energy on 14 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TRP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TRP vs. The Competition

MetricTC EnergyOil & Gas Midstream IndustryEnergy SectorTSE Exchange
Market CapC$54.66BC$26.85BC$4.24BC$5.46B
Dividend Yield7.31%6.02%6.54%5.58%
P/E Ratio20.2210.66211.7220.83
Price / Sales3.362.7328,224.732,548.93
Price / Cash20.28109.0969.6179.75
Price / Book1.972.201.633.54
Net IncomeC$2.72BC$1.35BC$447.06MC$287.78M
7 Day Performance0.25%0.92%1.15%-0.16%
1 Month Performance5.52%2.28%3.84%2.59%
1 Year Performance-4.83%9.35%22.17%29.08%

TC Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENB
Enbridge
2.1988 of 5 stars
C$48.93
-0.8%
C$53.56
+9.5%
+2.3%C$104.22BC$42.61B18.5311,500
PPL
Pembina Pipeline
2.5221 of 5 stars
C$49.90
-0.6%
C$54.25
+8.7%
+22.0%C$28.92BC$9.05B16.052,349Positive News
High Trading Volume
ALA
AltaGas
2.93 of 5 stars
C$30.31
-0.9%
C$34.33
+13.3%
+30.9%C$8.98BC$12.60B14.713,045Analyst Forecast
Analyst Revision
News Coverage
KEY
Keyera
1.671 of 5 stars
C$35.88
flat
C$38.09
+6.2%
+17.8%C$8.22BC$6.78B23.001,005Dividend Announcement
Analyst Forecast
High Trading Volume
GEI
Gibson Energy
2.2519 of 5 stars
C$22.55
+0.0%
C$25.63
+13.6%
+5.1%C$3.66BC$11.94B21.48460News Coverage
Positive News
TPZ
Topaz Energy
2.5846 of 5 stars
C$22.27
-1.4%
C$26.88
+20.7%
+10.3%C$3.23BC$321.45M69.598
KML
Kinder Morgan Canada Limited (KML.TO)
0 of 5 stars
N/AN/AN/AC$1.73BC$414.40M38.04153
TWM
Tidewater Midstream and Infrastructure
2.9447 of 5 stars
C$0.62
-1.6%
C$0.99
+59.9%
-27.9%C$265.98MC$2.03B-0.68392Gap Down
CNQ
Canadian Natural Resources
3.5669 of 5 stars
C$103.03
-2.5%
C$111.47
+8.2%
+41.8%C$110.24BC$35.58B15.1110,272Analyst Upgrade
Insider Selling
News Coverage
Positive News
SU
Suncor Energy
3.871 of 5 stars
C$54.47
-1.9%
C$62.42
+14.6%
+44.3%C$69.72BC$49.56B8.9714,906Dividend Announcement
Analyst Upgrade
Positive News

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This page (TSE:TRP) was last updated on 6/2/2024 by MarketBeat.com Staff

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