TransCanada Corp
TRP:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 46.24 | 0.18 0.39% | 3.86% | 398,125 |
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Latest News Headlines for TransCanada Corp
TransCanada (TRP) Showing Bearish Technicals With Support At $45.29
TransCanada Corp (NYSE: TRP) closed Wednesday's trading session at $45.59. In the past year, the stock has hit a 52-week low of $38.56 and 52-week high of $47.02. TransCanada (TRP) stock has been showing support around $45.29 and resistance in the $46.05 range. Technical indicators for the stock are Bearish and S&P; gives TransCanada (TRP) a positive 4 STARS (out of 5) buy rating. For a hedged play on TransCanada (TRP), look at the Feb '13 $45.00 covered call for a net debit in the $43.69 area. That is also the break-even stock price for this trade. This covered call has a duration of 135 days, provides 4.17% downside protection and an assigned return rate of 3.00% for an annualized return rate of 8.11% (for comparison purposes only). TransCanada (TRP) has a current annual dividend yield of 3.87%.
TransCanada (TRP) Trading Near $45.08 Support Level
View more recent headlinesTransCanada Corp (NYSE: TRP) closed Thursday's trading session at $45.59. In the past year, the stock has hit a 52-week low of $37.58 and 52-week high of $47.02. TransCanada (TRP) stock has been showing support around $45.08 and resistance in the $45.84 range. Technical indicators for the stock are Neutral and S&P; gives TransCanada (TRP) a positive 4 STARS (out of 5) buy rating. For a hedged play on TransCanada (TRP), look at the Feb '13 $45.00 covered call for a net debit in the $43.74 area. That is also the break-even stock price for this trade. This covered call has a duration of 141 days, provides 4.06% downside protection and an assigned return rate of 2.88% for an annualized return rate of 7.46% (for comparison purposes only). TransCanada (TRP) has a current annual dividend yield of 3.85%.
Company Background
TransCanada Corporation (TransCanada) is a North American energy infrastructure company focused on natural gas pipelines, oil pipelines and energy. During the year ended December 31, 2011, natural gas pipelines accounted for approximately 49% of its revenues, oil pipelines had 9% of its revenues and energy accounted for approximately 42% of the Company's revenues. Its segments include natural gas pipelines, oil pipelines and energy. TransCanada is engaged in development and operation of North American energy infrastructure, including natural gas and regulated gas storage facilities. Its Keystone is a crude oil pipeline system. The energy segment includes acquisition, development, construction, ownership and operation of electrical power generation plants, the purchase and marketing of electricity, the provision of electricity account services to energy and industrial customers, development, construction and ownership and operation of non-regulated natural gas storage in Alberta.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 46.50 | Previous Close 46.06 |
Day High 46.5601 | Day Low 46.23 |
52wk High/Date 47.02 / 9/14/2012 | 52wk Low/Date 38.56 / 10/5/2011 |
Beta (5 Yr) 0.7 | Market Capitalization 32.6B |
Shares Outstanding 704.9M | Volatility Avg 17.31 |
Avg Vol(10 day) 268.8K | P/E Ratio 23.0x |
EPS(TTM) 2.01 | Yield 3.86% |
Dividend Announcement 7/27/2012 | Ex-Date 9/26/2012 |
Payable 0.4465 - QRTR | Payable Date 10/31/2012 |
Date of Record 9/28/2012 | |
Last Trade as of 10/5/2012 4:02 PM ET | |
TRP TransCanada Corp vs. Peers
| Peers | |
|---|---|
TRP TransCanada Corp | 5.89% |
Enterprise Products Partners L.P. | 18.33% |
Kinder Morgan Inc | 12.03% |
Spectra Energy Corp. | -2.50% |
Williams Partners L.P. | -8.52% |
TRP TransCanada Corp | 3.86% |
Enterprise Products Partners L.P. | 4.63% |
Kinder Morgan Inc | 3.88% |
Spectra Energy Corp. | 3.74% |
Williams Partners L.P. | 5.78% |
TRP TransCanada Corp | 0.39% |
Enterprise Products Partners L.P. | 0.37% |
Kinder Morgan Inc | -0.58% |
Spectra Energy Corp. | 0.03% |
Williams Partners L.P. | -0.36% |