(TRP) TC Energy - Ratings and Ratios

TC Energy Corporation stands as a cornerstone of North Americas energy infrastructure, operating a vast network that underpins the continents energy economy. The company is divided into five strategic segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Energy Solutions. This diversified structure allows TC Energy to maintain a balanced approach, adapting to shifting energy demands and regulatory landscapes.

At the heart of TC Energys operations lies an extensive network of 93,600 kilometers of natural gas pipelines, forming a critical artery that connects supply basins with power generation plants, industrial facilities, LNG export terminals, and other key destinations. This infrastructure is complemented by regulated natural gas storage facilities boasting a total working gas capacity of 532 billion cubic feet, ensuring reliability and flexibility in energy supply.

In the liquids sector, TC Energy operates approximately 4,900 kilometers of pipeline, primarily focused on transporting crude oil from Alberta to refining hubs in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. This system is integral to the North American oil supply chain, linking production areas with refining and distribution centers.

Power generation is another significant pillar of TC Energys portfolio, with ownership or interests in facilities totaling around 4,600 megawatts. Additionally, the company manages about 118 billion cubic feet of non-regulated natural gas storage facilities across Alberta, Ontario, Québec, and New Brunswick, further diversifying its energy solutions.

Originally known as TransCanada Corporation, the company rebranded as TC Energy Corporation in May 2019, reflecting its expanded scope and commitment to a broader energy future. Founded in 1951 and headquartered in Calgary, Canada, TC Energy has established itself as a stalwart in the energy sector, navigating the evolution of energy markets while maintaining a focus on critical infrastructure.

For investors and fund managers, TC Energy presents a compelling profile with a market capitalization of 67,978.62M CAD. The companys financial metrics include a P/E ratio of 13.34, a forward P/E of 16.84, a P/B ratio of 2.43, and a P/S ratio of 4.08. These figures underscore TC Energys position as a significant player in the energy infrastructure space, offering a blend of stability and growth potential. https://www.tcenergy.com