TC PipeLines, LP Common Units representing Limited Partner Interests (TCP): Price and Financial Metrics


TC PipeLines, LP Common Units representing Limited Partner Interests (TCP)

Today's Latest Price: $27.67 USD

0.59 (-2.09%)

Updated Sep 21 11:45am

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 56 in MLPs - Oil & Gas

See all "A" rated Strong Buy stocks

TCP Stock Summary

  • For TCP, its debt to operating expenses ratio is greater than that reported by 92.88% of US equities we're observing.
  • In terms of twelve month growth in earnings before interest and taxes, Tc Pipelines Lp is reporting a growth rate of -412.39%; that's higher than only 4.64% of US stocks.
  • As for revenue growth, note that TCP's revenue has grown -25.85% over the past 12 months; that beats the revenue growth of only 11.02% of US companies in our set.
  • If you're looking for stocks that are quantitatively similar to Tc Pipelines Lp, a group of peers worth examining would be NEWT, STAY, BORR, CDOR, and NSA.
  • Visit TCP's SEC page to see the company's official filings. To visit the company's web site, go to www.tcpipelineslp.com.
TCP Daily Price Range
TCP 52-Week Price Range

TCP Stock Price Chart Technical Analysis Charts


TCP Price/Volume Stats

Current price $27.67 52-week high $44.65
Prev. close $28.26 52-week low $18.00
Day low $27.44 Volume 44,373
Day high $28.13 Avg. volume 438,544
50-day MA $30.98 Dividend yield 9.2%
200-day MA $34.39 Market Cap 1.97B

TC PipeLines, LP Common Units representing Limited Partner Interests (TCP) Company Bio


TC Pipelines LP owns, and participates in the management of energy infrastructure businesses in North America. The company has equity ownership interests in two natural gas interstate pipeline systems, as well as three wholly-owned and one majority owned pipeline.The company was founded in 1998 and is based in Houston, Texas.

TCP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$27.67$42.17 49%

We started the process of determining a valid price forecast for Tc Pipelines Lp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Tc Pipelines Lp ranked in the 54th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Tc Pipelines Lp, consider:

  • The company's compound free cash flow growth rate over the past 5.79 years comes in at -0.01%; that's greater than merely 23.32% of US stocks we're applying DCF forecasting to.
  • Tc Pipelines Lp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
  • The weighted average cost of capital for the company is 6. This value is greater than merely 2.84% stocks in the Energy sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%46%
1%48%
2%49%
3%51%
4%52%
5%54%

Want more companies with a valuation profile/forecast similar to that of Tc Pipelines Lp? See CCLP, DCP, DHT, PHX, and NS.


TCP Latest News Stream


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Latest TCP News From Around the Web

Below are the latest news stories about Tc Pipelines Lp that investors may wish to consider to help them evaluate TCP as an investment opportunity.

TC PipeLines, LP announces the appointment of Peggy Heeg to the Board of Directors of its General Partner

HOUSTON, Sept. 15, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced the appointment of Peggy Heeg to the Board of Directors and Audit Committee of its general partner, TC PipeLines GP, Inc. (TC PipeLines GP”), effective today. “We are pleased to welcome Peggy as an independent member of the Board,” said Stanley Chapman III, Chairman of TC PipeLines GP. “Ms. Heeg is an accomplished legal and corporate executive who brings a unique combination of public and private legal, financial, strategy and risk management experience in the energy and other industries that will add significant insight and expertise to the Board.”Ms. Heeg has over 30 years of experience in the energy and legal industries and government service. Currently, Ms. Heeg is a partner w...

Yahoo | September 15, 2020

TC PipeLines: A Safe 8% Dividend Yield

Introduction When looking across the proverbial sea of midstream Master Limited Partnerships, TC PipeLines (TCP) stands out for being one of the few that managed to sustain their distributions amidst the turmoil in 2020. They entered this downturn well prepared and thus offer investors a nice high distribution yield of...

Daniel Thurecht on Seeking Alpha | August 26, 2020

TC Pipelines, LP (TCP) CEO Nathaniel Brown on Q2 2020 Results - Earnings Call Transcript

TC Pipelines, LP (TCP) Q2 2020 Results Conference Call August 05, 2020 12:00 PM ET Company Participants Rhonda Amundson - Investor Relations Nathaniel Brown - President and Chief Executive Officer Janine Watson - Vice President and General Manager William Morris - Principal Financial Officer Conference Call Participants Matt Taylor -...

SA Transcripts on Seeking Alpha | August 5, 2020

TC PipeLines, LP announces 2020 second quarter financial results

Essential North American energy infrastructure – Stable for today and Growing for tomorrowHOUSTON, Aug. 05, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported net income attributable to controlling interests of $57 million and distributable cash flow of $55 million for the three months ended June 30, 2020.   “In the second quarter of 2020, our diversified portfolio of assets generated the kind of dependable results that our unitholders expect and rely upon,” said Nathan Brown, president of TC PipeLines, GP, Inc. “Our critical infrastructure was highly utilized, as demand for our transportation services was largely unaffected by the COVID-19 pandemic and the prudent operatorship of our assets through this time of crisis permitted us to continue to pro...

Yahoo | August 5, 2020

TC PipeLines, LP announces second quarter 2020 cash distribution

HOUSTON, July 23, 2020 (GLOBE NEWSWIRE) -- News Release – TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared the Partnership’s second quarter 2020 cash distribution of $0.65 per common unit. The distribution is unchanged from the distribution declared for the first quarter of 2020.This cash distribution is the 85th consecutive quarterly distribution paid by the Partnership and is payable on August 14, 2020 to unitholders of record at the close of business on August 3, 2020.About TC PipeLines, LPTC PipeLines, LP is a Delaware master limited partnership with interests in eight federally regulated U.S. interstate natural gas pipelines which serve markets in the Western, Midwestern and Northeaste...

Yahoo | July 23, 2020

Read More 'TCP' Stories Here

TCP Price Returns

1-mo -15.72%
3-mo -16.75%
6-mo 7.49%
1-year -26.44%
3-year -31.15%
5-year -21.34%
YTD -30.77%
2019 41.42%
2018 -34.01%
2017 -3.49%
2016 27.00%
2015 -26.02%

TCP Dividends

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Continue Researching TCP

Want to see what other sources are saying about Tc Pipelines Lp's financials and stock price? Try the links below:

Tc Pipelines Lp (TCP) Stock Price | Nasdaq
Tc Pipelines Lp (TCP) Stock Quote, History and News - Yahoo Finance
Tc Pipelines Lp (TCP) Stock Price and Basic Information | MarketWatch


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