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 $54.13, down 0.95% from the previous day, and has increased 14.27% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.13 percentage points. Tc Energy stock is currently +24.41% from its 52-week low of $43.51, and -2.24% from its 52-week high of $55.37.
At the moment, there are 1.04B TRP shares outstanding. The market value of TRP is $56.35B. In the past 24 hours, 1.02M TRP shares were traded.
How to Buy Tc Energy Stock
Not sure 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 sifted through dozens of stock brokerages and apps to help you figure out where to buy Tc Energy stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment 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 research website can help you figure out 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 stock at a particular price.
- Get key alerts regarding your TRP investment: Create a watchlist to important updates regarding your new investment in Tc Energy stock.
Step 1: Decide where to buy Tc Energy stock
You need a brokerage account in order to access the NYSE market and buy TRP stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you are able to buy TRP today.
How to Start a New Brokerage 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 info to open your new trading account.
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Step 3: Fund your investment account
Now that you've opened your account on the best stock trading app, you need to deposit funds:
Watch this video walkthrough if you need help depositing money into your investment account.
Step 4: Evaluate Tc Energy stock
Once you have figured out the best place to buy Tc Energy stock, it's very important to analyze their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Overview of key TRP info
TRP Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis quickly.
You can see 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 true value.
Using relative valuations ratios:
- TRP may be overvalued based on its P/E ratio of 23.24x, relative to Oil & Gas Midstream industry P/E ratio of 19.34x
- TRP could be overvalued based on its P/B ratio of 2.87x, relative to Oil & Gas Midstream industry P/B ratio of 2.79x
- TRP may be overvalued based on its PEG ratio of 1.21x
You can access additional valuation analysis on TRP's stock here.
TRP Financial Health Summary
Failed Health Checks:
- TRP has a relatively high debt to equity ratio of 3.01.
- TRP's operating cash flow of $5.38B allows it to safely service it's debt of $43.83B.
- TRP profit margin has gone down from 37.1% to 23.1% in the past year.
- Total TRP debt is higher than 5 years ago, relative to shareholder equity.
- TRP earnings of $5.58B is not enough to cover its interest payments.
- There are more short-term liabilities than short-term assets on the TRP balance sheet.
- There are more long-term liabilities than short-term assets on the TRP balance sheet.
Is Tc Energy stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give recommendations on TRP, the consensus analyst rating on TRP is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Tc Energy stock forecast page.
TRP Technicals
TRP Earnings
Last year, TRP earnings were $2.42B. Over the last 5 year, TRP's earnings have grown by -7.86% per year. This was slower than the Oil & Gas Midstream industry average of 22.83%.
Last year, TRP revenue was $10.46B. In the past five year, TRP's revenue has increased by 1.72% per year. This was slower than the Oil & Gas Midstream industry average of 13.03%.
Dive into TRP's earnings and revenue performance here.
Are TRP executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at TRP have not bought or sold any shares.
Learn more about who owns TRP shares here.
Does TRP provide a stable income stream?
No, Tc Energy doesn't provide an income stream by paying out dividends.
What others are saying about TRP
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Step 5: Execute your TRP buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and eToro will place the order.
If you want more help with buying stocks on eToro, click the how to 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 investment.
Create a watchlist to get notified of important updates regarding your TRP stock.
TRP Feed
How to Buy Stock in Tc Energy
To summarize, here are the 6 steps for buying 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 are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Tc Energy, click the button below.
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