TransCanada PipeLines Limited 6 (TCPA) Stock Price & Analysis
TransCanada PipeLines Limited 6 (TCPA) — MoonshotScore 40/100 (Weak band), calculated Oct 5, 2026. Price $19.87 (-0.65%), as of the Oct 5, 2026 trading session; market cap $20.1B.
Educational signal · not a buy or sell recommendation · How to read this
TransCanada PipeLines Limited 6 · TCPA · NYSE · Energy · Oil & Gas Midstream
Research dated 2026-09-12: TransCanada PipeLines provides natural gas and liquids pipeline services alongside power and storage activities. The case depends on whether durable operating cash generation can carry heavy capital spending, substantial debt and the dividend without steadily weakening liquidity.
Price as of Oct 5, 2026
Key Statistics
MoonshotScore v2 · TransCanada PipeLines Limited 6 (TCPA)
WeakWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
Cheap, but a fragile balance sheet. Business Quality: Solid; Financial Safety: Fragile; Valuation: Fair; Growth Durability: Growing; Momentum: Slipping.
- Altman Z 0.38 · Piotroski F 6
- ROE 14.1% · ROA 4.2% · current ratio 0.59 · earnings yield 17.2% · free-cash-flow yield -0.8%
Holding back: balance-sheet strain, weak price trend
Helping: an attractive price
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 40 | Weak | |
| 41 | Weak | |
| 41 | Weak | |
| 40 | Weak | |
| 40 | Weak | |
| 40 | Weak |
The score was 40 in the stored Oct 4, 2026 snapshot and remains 40 in the current publication computed Oct 5, 2026 (0).
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $19.87 | |
| Change on the day | -0.65% | |
| 52-week range | $19.61 – $24.99 | |
| Market capitalisation | $20.1B | |
| Price / earnings (trailing) | 6.06 | |
| Shares traded on the day | 30.0K | |
| Beta (volatility vs the S&P 500) | 0.77 | |
| Dividends per share (last 12 months) | $1.17 | |
| Dividend yield (last 12 months) | 5.86% |
Price & events
Point at or tab to any week for its close.
Upcoming events
Chronological order, not a duration scale.
What to watch nextOther perspectives
Council score for TransCanada PipeLines Limited 6 (TCPA): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
5 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 24, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.
Readings on this page are from Oct 6, 2026, except a card that shows its own read date.
Watch the TCPA film — every key number, told as a short cinematic story
~2 min · open the film
What is TransCanada PipeLines Limited 6 (TCPA), and what does it report?
Short answer · as of
This is an infrastructure-services business, not an oil and gas producer. Its reported revenue reflects pipeline services and power and storage activities rather than the sale of hydrocarbons produced from its own reserves.
Research dated 2026-09-12.
This is an infrastructure-services business, not an oil and gas producer. Its reported revenue reflects pipeline services and power and storage activities rather than the sale of hydrocarbons produced from its own reserves.
That distinction matters because demand is expressed through use of infrastructure and related services. Consolidated results combine activities with different economics, so revenue alone does not reveal which operating segment drove a change.
What do the latest results show for TransCanada PipeLines Limited 6 (TCPA)?
Research dated 2026-09-12.
The latest reported quarter shows revenue, gross profit and operating profit above the comparable prior period, while net income and diluted earnings per share declined. Operations therefore improved modestly at the reported level, but that improvement did not carry through to shareholders' earnings.
The divergence occurs below operating profit: the available results establish the pattern but do not identify the specific expense or nonoperating item responsible. The longer annual record also shows that net income has historically moved much more sharply than revenue, reinforcing the need to separate operating performance from the final earnings line.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $2.62B Sep 30, 2022
- Latest quarter · FMP standardized operating result
- $1.02B Sep 30, 2022
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Sep 30, 2022 | $2.62B | Not available | Not available | $1.02B |
| Sep 30, 2021 | $2.56B | Not available | Not available | $1.01B |
| Jun 30, 2021 | $2.50B | Not available | Not available | $1.05B |
| Mar 31, 2021 | $2.63B | Not available | Not available | $1.25B |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
What are the financial strengths and risks for TransCanada PipeLines Limited 6 (TCPA)?
Short answer · as of
Cash and short-term investments were $1.56B at the Sep 30, 2022 balance-sheet date. Operating cash flow was $1.35B for the quarter ended Sep 30, 2021, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
High gross, operating and net margins are the clearest financial strength, and quarterly operating cash flow was comparatively steady across the reported series. The constraint is capital intensity: capital expenditure frequently absorbed all operating cash flow and sometimes exceeded it, leaving free cash generation under pressure.
Debt stands far above cash and short-term investments, while liquidity ratios remain below full current-liability coverage. A much larger balance is classified as long-term investments, but its unclassified nature means it should not be treated as readily available cash. The distress screen adds another warning even though the broader quality screen is not uniformly weak.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $1.35B Sep 30, 2021
- Previous quarter · operating cash flow
- $1.38B Jun 30, 2021
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Sep 30, 2021 | $1.35B | −$1.14B |
| Jun 30, 2021 | $1.38B | −$980.38M |
| Mar 31, 2021 | $1.33B | −$1.31B |
| Sep 30, 2020 | $1.33B | −$1.54B |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at TransCanada PipeLines Limited 6 (TCPA)?
Research dated 2026-09-12.
Watch whether revenue growth continues to lift operating profit and whether net income begins moving in the same direction. Another divergence would keep attention on costs or other items below operating profit rather than on pipeline-service demand alone.
Cash conversion is the harder test. Operating cash flow needs to cover more of capital expenditure while cash and short-term investments hold up against the debt load; otherwise dividend continuity depends on a balance sheet already carrying substantial leverage. The scheduled distribution maintains the recent payment pattern, but funding capacity matters more than the calendar.
What the records here don't tell us
- No forward revenue or earnings estimate is on file.
- The next earnings date is not yet scheduled in the calendar we read.
- No insider Form 4 transaction falls inside the window this page reads.
- No quarterly income statement is held for TCPA.
Checked against the records this page reads, on the dates shown above.
How does TransCanada PipeLines Limited 6 compare with its peers?
Short answer
TransCanada PipeLines Limited 6's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
Unlike an exploration and production company, TransCanada PipeLines sells access to and operation of energy infrastructure rather than relying on its own hydrocarbon output. Its reporting scope also extends beyond pipelines into power and storage, giving the earnings base a broader operating mix than the midstream label alone implies.
The tradeoff is a familiar infrastructure burden expressed strongly here: healthy operating margins coexist with heavy capital requirements and leverage. Comparison with similar businesses should therefore focus on cash retained after capital expenditure and the liquidity supporting debt, not simply on revenue growth or accounting margins.
| Company | Price | Market value | Score |
|---|---|---|---|
| $53.75 Oct 5, 2026 | $12.0B | 99 5-pillar Oct 5, 2026 | |
| $63.26 Oct 5, 2026 | $30.6B | 84 5-pillar Oct 5, 2026 | |
| $23.91 Oct 5, 2026 | $16.9B | 78 5-pillar Oct 5, 2026 | |
| $38.41 Oct 5, 2026 | $7.80B | 77 5-pillar Oct 5, 2026 | |
| $274.93 Oct 5, 2026 | $56.2B | 76 5-pillar Oct 5, 2026 | |
| $45.59 Oct 5, 2026 | $18.8B | 68 5-pillar Oct 5, 2026 | |
| $20.56 Oct 5, 2026 | $9.66B | 67 5-pillar Oct 5, 2026 | |
| $40.87 Oct 5, 2026 | $14.7B | 65 5-pillar Oct 5, 2026 | |
| $122.12 Oct 5, 2026 | $12.5B | 63 5-pillar Oct 5, 2026 | |
| $88.58 Oct 5, 2026 | $55.8B | 59 5-pillar Oct 5, 2026 | |
| $31.41 Oct 5, 2026 | $69.9B | 56 5-pillar Oct 5, 2026 | |
| $46.11 Oct 5, 2026 | $26.9B | 56 5-pillar Oct 5, 2026 | |
| TransCanada PipeLines Limited 6 (TCPA) — this page | $19.87 | $20.1B | 40 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
Common Questions About TCPA (Energy)
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last question is answered from this page's own dated data, not from the research.
What does TransCanada PipeLines sell through its Natural Gas Pipelines business?
It sells pipeline services to the gas industry rather than gas produced from company-owned reserves. Revenue therefore reflects infrastructure activity within the consolidated operating mix.
Why can TransCanada PipeLines post higher operating profit while net income declines?
The latest comparable periods show operating profit rising while net income and diluted earnings per share fall. That pattern places the deterioration below operating profit, although the specific item causing it is not identified here.
Why do TransCanada PipeLines long-term investments not eliminate its debt risk?
Cash and short-term investments remain far below total debt, and the much larger long-term investment balance is unclassified. Treating that balance as immediately available liquidity would overstate near-term financial flexibility.
What could pressure TransCanada PipeLines dividend funding?
Capital expenditure has repeatedly consumed most or more than all operating cash flow, while debt remains substantial relative to cash. Persistent shortfalls after investment would leave less internally generated cash available for distributions.
What is the TCPA stock price today?
The last price recorded on this page for TransCanada PipeLines Limited 6 (TCPA) is $19.87, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (41 figures)
The 41 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 1 fact from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
id.hq | SEC filing business address | 450 - 1ST Street SW, PO BOX 1000 Station M, Calgary Alberta, A0, T2P 5H1 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "15303 Dallas Parkway, Suite 1350, Addison, TX, 75001, US". |
FMP — 32 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $19.87 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T19:34:46.835Z. | |
px.change | Change on the day | -0.65% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $20.1B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T19:19:36.000Z. Captured from FMP at 2026-10-05T19:34:45.756Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | −$0.13 | FMP | Financial Modeling Prep (FMP) · quote | |
px.pe | Price / earnings (trailing) | 6.06 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 30.0K | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.77 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Francois L. Poirier | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 71 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2015 through FY2019: FY2015 revenue $8.14B, net result −$824.99M; FY2016 revenue $9.49B, net result $239.36M; FY2017 revenue $10.77B, net result $2.52B; FY2018 revenue $9.64B, net result $2.71B; FY2019 revenue $10.02B, net result $3.19B | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.gross_margin | Gross margin (trailing twelve months) | 48.1% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2022-09-30.revenue_k | Revenue — period end 2022-09-30 | $2.62B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2022-09-30.operating_result_k | FMP standardized operating result — period end 2022-09-30 | $1.02B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2021-09-30.revenue_k | Revenue — period end 2021-09-30 | $2.56B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2021-09-30.operating_result_k | FMP standardized operating result — period end 2021-09-30 | $1.01B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2021-06-30.revenue_k | Revenue — period end 2021-06-30 | $2.50B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2021-06-30.operating_result_k | FMP standardized operating result — period end 2021-06-30 | $1.05B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2021-03-31.revenue_k | Revenue — period end 2021-03-31 | $2.63B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2021-03-31.operating_result_k | FMP standardized operating result — period end 2021-03-31 | $1.25B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.cash_investments | Cash and short-term investments | $1.56B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $1.35B | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2021-09-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $11.62B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $42.54B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 0.78× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2021-09-30.operating_cash_flow_m | Operating cash flow — period end 2021-09-30 | $1.35B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2021-06-30.operating_cash_flow_m | Operating cash flow — period end 2021-06-30 | $1.38B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2021-09-30.capex_m | Capital expenditure (reported) — period end 2021-09-30 | −$1.14B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2021-06-30.capex_m | Capital expenditure (reported) — period end 2021-06-30 | −$980.38M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2021-03-31.operating_cash_flow_m | Operating cash flow — period end 2021-03-31 | $1.33B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2021-03-31.capex_m | Capital expenditure (reported) — period end 2021-03-31 | −$1.31B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2020-09-30.operating_cash_flow_m | Operating cash flow — period end 2020-09-30 | $1.33B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2020-09-30.capex_m | Capital expenditure (reported) — period end 2020-09-30 | −$1.54B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.scores | Distress and quality screens | Altman Z 0.38 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-03 · Expired observation | |
fin.ratios | Return and yield ratios (trailing twelve months) | ROE 14.1% · ROA 4.2% · current ratio 0.59 · earnings yield 17.2% · free-cash-flow yield -0.8% | UNRECORDED | Stored key metrics — Captured 2026-10-04 | |
px.range52 | 52-week range | $19.61 – $24.99 | UNRECORDED | Stored company-profile observation — Captured 2026-10-04 |
COMPUTED — 3 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $1.17 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 3 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 5.86% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 12.88× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $1.56B at Sep 30, 2022. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2022-09-30. The inputs do not establish a single common source date for this ratio. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 40 of 100 · Weak · pillars 66 / 14 / 77 / 67 / 31 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 40 (stored snapshot Oct 4, 2026) → 40 (current publication computed Oct 5, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots |
Fact-family notes
- Quarterly statement note. Source series as of 2022-09-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2022-09-30.revenue_k,fin.q_table.depth.2022-09-30.operating_result_k,fin.q_table.depth.2021-09-30.revenue_k,fin.q_table.depth.2021-09-30.operating_result_k,fin.q_table.depth.2021-06-30.revenue_k,fin.q_table.depth.2021-06-30.operating_result_k,fin.q_table.depth.2021-03-31.revenue_k,fin.q_table.depth.2021-03-31.operating_result_k. - Cash-flow note. Source series as of 2021-09-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2021-09-30.operating_cash_flow_m,fin.opcf.depth.2021-06-30.operating_cash_flow_m,fin.opcf.depth.2021-09-30.capex_m,fin.opcf.depth.2021-06-30.capex_m,fin.opcf.depth.2021-03-31.operating_cash_flow_m,fin.opcf.depth.2021-03-31.capex_m,fin.opcf.depth.2020-09-30.operating_cash_flow_m,fin.opcf.depth.2020-09-30.capex_m.
- Published
- Research standards
- Methodology · Editorial policy · Corrections
- Report a number
- sedat@stockexpertai.com
Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Legal name | TRANSCANADA PIPELINES LTD Our market-data provider lists the name as "TransCanada PipeLines Limited 6"; the filer's own record is used here. | 2026-09-12 | OFFICIAL | SEC EDGAR filer record |
| Business description | TransCanada PipeLines Ltd. provides pipeline services for the gas and oil industries. It operates through the following segments: Natural Gas Pipelines, Liquids Pipelines and Power and Storage. The company was founded on March 21, 1951 and is headquartered in Calgary, Canada. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Sector / industry (provider taxonomy) | Energy / Oil & Gas Midstream The company's SEC filings classify it under SIC 4922 — Natural Gas Transmission. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2021-09-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Cash, investments and debt | Total debt: $42.54B; Liquidity basis: cash and short-term investments; Total liabilities: $58.46B; Cash and short-term investments: $1.56B; Cash and investments: $13.18B; Long-term investments: $11.62B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2022-09-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Recent dividends paid | Captured record · 3 entries
Declared amounts per share on their ex-dates. A single payment does not establish an annual rate, and a special dividend is not separated here. | 2026-07-17 | FMP | Financial Modeling Prep (FMP) dividend history |
| Next scheduled dividend | Ex date: 2026-10-16; Record date: 2026-10-16; Payment date: 2026-11-02; Amount per share: $0.39 Amount is per share as declared, before any withholding. Owning the share before the ex-date is what carries entitlement. | 2026-10-16 | FMP | Financial Modeling Prep (FMP) dividend calendar |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2022-09-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2019-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Trailing twelve-month ratio set | Quick ratio: 0.56; Current ratio: 0.59; Debt to equity: 1.64; Net margin: 31.9%; Gross margin: 48.1%; Operating margin: 42.5%; Return on assets: 4.2%; Return on equity: 14.1% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $13.18B; Cash and short-term investments: $1.56B; Long-term investments: $11.62B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2022-09-30 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2022-09-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash against market value | As of: 2022-09-30; Cash basis: cash and short-term investments; Net cash: -$40.98B; Total debt: $42.54B; Cash and investments: $1.56B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2022-09-30 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Distress and quality screens | Altman Z-score: 0.4; Piotroski F-score: 6 Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) financial scores |
Data provided for informational purposes only.