Tc Energy (TRP) Gains from Equity Investments (2009 - 2023)
Tc Energy (TRP) reported Gains from Equity Investments of $207.7 million for the quarter ended Jun 30, 2023, down 71.6% from $730.22 million a year earlier and down 79.2% from the prior quarter.
Tc Energy (TRP) Gains from Equity Investments (2009 - 2023) Analysis & Trends
Over the twelve months ended Jun 30, 2023, Tc Energy's Gains from Equity Investments came in at $827.97 million, down 68.3% year-over-year; for the year ended Dec 31, 2022, it was $603.8 million, down 63.0% from the prior year.
- Gains from Equity Investments has a five-year compound annual growth rate of -25.4% (years ended Dec 2017 to Dec 2022).
- By year, Gains from Equity Investments came in at $1.63 billion in the year ended Dec 31, 2021 (-55.5%), $3.67 billion in the year ended Dec 31, 2020 (+9.8%), $3.34 billion in the year ended Dec 31, 2019 (+23.0%) and $2.72 billion in the year ended Dec 31, 2018 (+3.8%).
- Five-year quarterly Gains from Equity Investments spans a low of -$1.04 billion in the quarter ended Dec 31, 2022 and a high of $998.15 million in the quarter ended Jun 30, 2020.
- Year over year, Gains from Equity Investments gained in two of the last six quarters, with growth averaging 19.6%.
- The high point for year-over-year Gains from Equity Investments in five years was the quarter ended Mar 31, 2023 (growth of 215.5%); the low point was the quarter ended Jun 30, 2023 (a decline of 71.6%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2023 came in at $996.37 million (quarter ended Mar 31, 2023), -$1.04 billion (quarter ended Dec 31, 2022) and $667.07 million (quarter ended Sep 30, 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 207.70 Mn |
| Mar 31, 2023 | 996.37 Mn |
| Dec 31, 2022 | -1.04 Bn |
| Sep 30, 2022 | 667.07 Mn |
| Jun 30, 2022 | 730.22 Mn |
| Mar 31, 2022 | 315.79 Mn |
| Dec 31, 2021 | 918.68 Mn |
| Sep 30, 2021 | 649.83 Mn |
| Jun 30, 2021 | 829.80 Mn |
| Dec 31, 2020 | 945.01 Mn |
| Sep 30, 2020 | 759.43 Mn |
| Jun 30, 2020 | 998.15 Mn |
| Mar 31, 2020 | 958.47 Mn |
| Dec 31, 2019 | 927.94 Mn |
| Sep 30, 2019 | 635.65 Mn |
| Jun 30, 2019 | 914.07 Mn |
| Mar 31, 2019 | 861.72 Mn |
| Dec 31, 2018 | 544.73 Mn |
| Sep 30, 2018 | 786.39 Mn |
| Jun 30, 2018 | 699.19 Mn |
Tc Energy Gains from Equity Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-equity-investments", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();