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: $33.15 USD

0.78 (2.41%)

Updated Dec 4 7:00pm

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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

  • With a price/earnings ratio of 8.3, Tc Pipelines Lp P/E ratio is greater than that of about only 9.97% of stocks in our set with positive earnings.
  • For TCP, its debt to operating expenses ratio is greater than that reported by 92.66% of US equities we're observing.
  • Over the past twelve months, TCP has reported earnings growth of -394.26%, putting it ahead of only 5.15% of US stocks 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 CDOR, ARMK, CCO, UMH, and PEI.
  • 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 Stock Price Chart Interactive Chart >

Price chart for TCP

TCP Price/Volume Stats

Current price $33.15 52-week high $44.65
Prev. close $32.37 52-week low $18.00
Day low $32.43 Volume 193,177
Day high $33.51 Avg. volume 422,976
50-day MA $29.38 Dividend yield 7.84%
200-day MA $31.21 Market Cap 2.36B

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:
$33.15$24.79 -22%

Below please find a table outlining a discounted cash flow forecast for TCP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Tc Pipelines Lp ranked in the 43th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Tc Pipelines Lp ended up being:

  • Its compound free cash flow growth rate, as measured over the past 5.7 years, is -0.05% -- higher than only 18.43% of stocks in our DCF forecasting set.
  • 52% of the company's capital comes from equity, which is greater than only 24.13% of stocks in our cash flow based forecasting set.
  • The weighted average cost of capital for the company is 7. This value is greater than merely 3.77% stocks in the Energy sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-24%
1%-23%
2%-22%
3%-22%
4%-21%
5%-20%

Want more companies with a valuation profile/forecast similar to that of Tc Pipelines Lp? See EOG, EPD, HAL, PEIX, and PNRG.


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: 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 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

Top Ranked Value Stocks to Buy for July 22nd

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Yahoo | July 22, 2020

TC PipeLines, LP to release second quarter 2020 results on August 5

HOUSTON, July 15, 2020 -- News Release – TC PipeLines, LP (NYSE: TCP) (the Partnership) will release its second quarter 2020 financial results on Wednesday, August 5.

Yahoo | July 15, 2020

Read More 'TCP' Stories Here

TCP Price Returns

1-mo 15.59%
3-mo 14.54%
6-mo -3.23%
1-year -4.88%
3-year -17.14%
5-year 7.68%
YTD -15.14%
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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