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EQT vs. TRP: EQT vs. TC Energy Stock Comparison

How do EQT (EQT) and TC Energy (TRP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

EQT (EQT) and TC Energy (TRP) both belong to the Oil, Gas & Consumable Fuels industry, though EQT is classified under Oil & Gas Exploration & Production while TRP falls under Oil & Gas Storage & Transportation.

Company profile comparison for EQT (EQT) and TC Energy (TRP)
Profile ItemEQTTRP
NameEQT CorporationTC Energy Corporation
Country/RegionUnited StatesCanada
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Storage & Transportation
Market Capitalization30.90 billion USD64.51 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 17, 1980September 20, 1982
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EQT
TRP
GSPC
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EQT (EQT) vs. TC Energy (TRP), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for EQT (EQT) and TC Energy (TRP). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for EQT (EQT) and TC Energy (TRP). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for EQT (EQT) and TC Energy (TRP)
MetricEQTTRP
Total Return (1Y)-12.42%24.67%
Total Return (3Y, Annualized)9.89%26.02%
Total Return (5Y, Annualized)21.61%9.85%

Risk Profile

Drawdown History

EQT
TRP
GSPC
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EQT (EQT) vs. TC Energy (TRP), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for EQT (EQT) and TC Energy (TRP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for EQT (EQT) and TC Energy (TRP)
MetricEQTTRP
Volatility (1Y, Annualized)30.02%19.39%
Beta (5Y)0.700.64
Max Drawdown (5Y)-42.56%-38.98%
Avg. Volume (3M)7.75M2.56M

Risk-Adjusted Performance

Risk-Return Positioning

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EQT and TRP are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for EQT (EQT) and TC Energy (TRP)
MetricEQTTRP
Sharpe Ratio (1Y)-0.561.05
Sortino Ratio (1Y)-0.801.61

Profitability

ROE (TTM)

Both EQT (EQT) at 10.49% and TC Energy (TRP) at 12.15% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

EQT

Energy industry group

10.49%

Max
53.85%
Q3
24.79%
Median
12.85%
EQT
10.49%
Q1
2.03%
Min
-29.09%

TRP

Energy industry group

12.15%

Max
53.85%
Q3
24.79%
Median
12.85%
TRP
12.15%
Q1
2.03%
Min
-29.09%
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EQT (EQT) vs. TC Energy (TRP): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both EQT (EQT) at 29.01% and TC Energy (TRP) at 25.05% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

EQT

Energy industry group

29.01%

Max
56.92%
EQT
29.01%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

TRP

Energy industry group

25.05%

Max
56.92%
TRP
25.05%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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EQT (EQT) vs. TC Energy (TRP): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

TC Energy (TRP) at 41.66% operates in the top operating margin quartile, ahead of EQT (EQT) at 28.24%, which runs around its industry’s norm.

EQT

Energy industry group

28.24%

Max
71.31%
Q3
33.75%
EQT
28.24%
Median
18.73%
Q1
6.94%
Min
-24.52%

TRP

Energy industry group

41.66%

Max
71.31%
TRP
41.66%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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EQT (EQT) vs. TC Energy (TRP): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for EQT (EQT) and TC Energy (TRP)
MetricEQTTRP
ROE (TTM)10.49%12.15%
ROA (TTM)6.25%3.70%
Net Margin (TTM)29.01%25.05%
Operating Margin (TTM)28.24%41.66%
Gross Margin (TTM)80.40%70.07%

Growth

Revenue Growth

EQT (EQT) at 59.96% clears its industry range for revenue growth, far stronger top-line momentum than TC Energy (TRP) at 10.66%, which is closer to a typical peer reading.

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EQT (EQT) vs. TC Energy (TRP): A comparison of their Revenue Growth across different time periods.

EPS Growth

EQT (EQT) at 635.56% clears its industry range for EPS growth, a much stronger earnings trajectory than TC Energy (TRP) at -26.19%, which is closer to a typical peer reading.

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EQT (EQT) vs. TC Energy (TRP): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for EQT (EQT) and TC Energy (TRP)
MetricEQTTRP
Revenue Growth (YoY)59.96%10.66%
Revenue Growth (3Y CAGR)-11.72%7.38%
EPS Growth (YoY)635.56%-26.19%
EPS Growth (3Y CAGR)-8.91%72.24%

Financial Strength

Current Ratio (MRQ)

Both EQT (EQT) at 0.71 and TC Energy (TRP) at 0.57 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

EQT

Energy industry group

0.71

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
EQT
0.71
Min
0.24

TRP

Energy industry group

0.57

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
TRP
0.57
Min
0.24
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EQT (EQT) vs. TC Energy (TRP): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

EQT (EQT) at 0.19 keeps leverage in the lower quartile, while TC Energy (TRP) at 1.68 sits in the higher-leverage quartile.

EQT

Energy industry group

0.19

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
EQT
0.19
Min
0.00

TRP

Energy industry group

1.68

Max
1.75
TRP
1.68
Q3
0.93
Median
0.54
Q1
0.30
Min
0.00
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EQT (EQT) vs. TC Energy (TRP): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for EQT (EQT) and TC Energy (TRP)
MetricEQTTRP
Current Ratio (MRQ)0.710.57
Debt / Equity (MRQ)0.191.68
Net Debt / EBITDA0.816.08

Dividends

Dividend Yield (TTM)

TC Energy (TRP) at 5.57% delivers top-quartile income for its industry, while EQT (EQT) at 1.30% pays a more typical yield — both are credible income propositions, TRP the richer one.

EQT

Energy industry group

1.30%

Max
8.57%
Q3
3.58%
Median
1.71%
EQT
1.30%
Q1
0.00%
Min
0.00%

TRP

Energy industry group

5.57%

Max
8.57%
TRP
5.57%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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EQT (EQT) vs. TC Energy (TRP): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

EQT (EQT) at 15.64% pays out a band-typical share of earnings, while TC Energy (TRP) at 93.87% distributes more than its industry norm — less retained, thinner cover.

EQT

Energy industry group

15.64%

Max
133.24%
Q3
53.31%
Median
25.24%
EQT
15.64%
Q1
0.00%
Min
0.00%

TRP

Energy industry group

93.87%

Max
133.24%
TRP
93.87%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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EQT (EQT) vs. TC Energy (TRP): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for EQT (EQT) and TC Energy (TRP)
MetricEQTTRP
Dividend Yield (TTM)1.30%5.57%
Dividend Payout Ratio (TTM)15.64%93.87%

Valuation

P/E Ratio (TTM)

EQT (EQT) at 11.71 is near its industry’s usual P/E ratio, while TC Energy (TRP) at 23.19 sits in the richer quartile — TRP needs stronger growth or earnings quality to justify the premium.

EQT

Energy industry group

11.71

Max
39.54
Q3
21.72
Median
12.19
EQT
11.71
Q1
7.71
Min
2.99

TRP

Energy industry group

23.19

Max
39.54
TRP
23.19
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
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EQT (EQT) vs. TC Energy (TRP): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Both EQT (EQT) at 3.38 and TC Energy (TRP) at 4.03 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

EQT

Energy industry group

3.38

Max
5.40
EQT
3.38
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00

TRP

Energy industry group

4.03

Max
5.40
TRP
4.03
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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EQT (EQT) vs. TC Energy (TRP): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

EQT (EQT) at 1.21 is valued about in line with its industry on P/B ratio, while TC Energy (TRP) at 3.54 carries an above-peer premium to book — TRP is pricier on assets.

EQT

Energy industry group

1.21

Max
4.21
Q3
2.38
Median
1.51
EQT
1.21
Q1
1.08
Min
0.01

TRP

Energy industry group

3.54

Max
4.21
TRP
3.54
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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EQT (EQT) vs. TC Energy (TRP): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for EQT (EQT) and TC Energy (TRP)
MetricEQTTRP
P/E Ratio (TTM)11.7123.19
P/S Ratio (TTM)3.384.03
P/B Ratio (MRQ)1.213.54
Free Cash Flow Yield (TTM)8.01%0.77%