How to Buy Tc Energy Stock
Tc Energy Corp
Tc Energy is a oil & gas midstream company located in Alberta, Canada, which is part of the Energy sector, and is traded under the ticker TRP on the NYSE exchange.
Tc Energy stock last closed at $35.29, up 0.54% from the previous day, and has decreased 15.39% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.29 percentage points. Tc Energy stock is currently +8.53% from its 52-week low of $32.52, and -16.95% from its 52-week high of $42.49.
At the moment, there are 1.04B TRP shares outstanding. The market value of TRP is $36.61B. In the past 24 hours, 4.25M TRP shares were traded.
How to Buy Tc Energy Stock
Wondering how to invest in Tc Energy stock? Here's how.
- Decide where to buy Tc Energy stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Tc Energy stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your details.
- Evaluate Tc Energy stock: The Tc Energy ticker symbol is TRP. Is Tc Energy stock a good investment? Should you buy shares of TRP? How do TRP's underlying business fundamentals look? Do top analysts think Tc Energy is a good buy? Why has TRP's stock price moved recently? (Hint: Our stock market research tools can help you decide if TRP is a good stock to buy).
- Execute your TRP buy order: Decide if you will purchase TRP shares at the current market price or use a limit order to purchase TRP shares at a particular price.
- Get key alerts regarding your TRP investment: Create a watchlist to keep track of your new investment in Tc Energy stock.
Step 1: Decide where to buy Tc Energy stock
You need an online brokerage account to access the NYSE market and buy TRP shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you can buy TRP stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on the highest rated stock app, you need to deposit funds:
Watch the video below to see the process of depositing money into your brokerage account.
Step 4: Evaluate Tc Energy stock
Once you have figured out the best place to buy Tc Energy stock, it's crucial to research their stock prior to buying, so you truly wrap your head around the risk as well as the opportunity.
Tc Energy Metrics
Tc Energy Zen Score
WallStreetZen was created to help average investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on TRP's stock page.
Is TRP stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge TRP's intrinsic value.
Using relative valuations methods:
- TRP could be overvalued based on its P/E ratio of 17.32x, relative to Oil & Gas Midstream industry P/E ratio of 13.61x
- TRP may be undervalued based on its P/B ratio of 1.67x, relative to Oil & Gas Midstream industry P/B ratio of 2.28x
- TRP could be undervalued based on its PEG ratio of 0.35x
You can access additional valuation analysis on TRP's stock here.
TRP Financial Health Overview
Passed Health Checks:
- TRP has $2.72B in cash and short term investments. This is sufficient to cover its annual cash burn of $652.59M.
- TRP profit margin has gone up from 4.3% to 17.8% in the past year.
- TRP has cash burn of 652592592. It has enough cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the TRP balance sheet.
- TRP has a relatively high debt to equity ratio of 2.91.
- Total TRP debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the TRP balance sheet.
Is TRP stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who research TRP, the consensus analyst rating on TRP is a Sell
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Tc Energy stock forecast page.
Metrics for Advanced TRP Traders
Is TRP Growing Revenue?
Last year, TRP earnings were $2.10B. During the past 5 year, TRP's earnings have grown by -6.56% per year. This was slower than the Oil & Gas Midstream industry average of 21.29%.
Last year, TRP revenue was $11.80B. Over the last five year, TRP's revenue has gone up by 3.41% per year. This was slower than the Oil & Gas Midstream industry average of 7.51%.
You can research TRP's earnings and revenue performance here.
What are TRP insiders up to?
Over the past 12 months, insiders at TRP have not bought or sold any shares.
Learn more about who owns TRP stock here.
Can I get consistent income from TRP stock?
Tc Energy pays a dividend of 8.66%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.12%. If you owned $1,000 worth of TRP stock, you would have received $86.61 last year.
Tc Energy dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about Tc Energy dividend yield and history here.
TRP Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your TRP buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your TRP investment
Now that you own some TRP stock, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to keep track of your TRP stock.
TRP Feed
How to Buy Stock in Tc Energy
To reiterate, here are the 6 steps to buy Tc Energy stock:
- Decide where to buy Tc Energy stock
- Open a brokerage account
- Fund your investment account
- Evaluate Tc Energy stock
- Execute your TRP buy order
- Get key alerts regarding your TRP investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Tc Energy, get started below.
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