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SHEL vs. TRP: Shell vs. TC Energy Stock Comparison

How do Shell (SHEL) 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

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

TC Energy (TRP) trades as ordinary local shares, while Shell (SHEL) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Shell (SHEL) and TC Energy (TRP)
Profile ItemSHELTRP
NameShell plc American Depositary Shares (Each representing two Ordinary shares)TC Energy Corporation
Country/RegionUnited KingdomCanada
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Storage & Transportation
Market Capitalization280.59 billion USD64.51 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 12, 1984September 20, 1982
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

SHEL
TRP
GSPC
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Shell (SHEL) 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 Shell (SHEL) and TC Energy (TRP). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Shell (SHEL) and TC Energy (TRP)
MetricSHELTRP
Total Return (1Y)36.30%24.67%
Total Return (3Y, Annualized)19.93%26.02%
Total Return (5Y, Annualized)21.02%9.85%

Risk Profile

Drawdown History

SHEL
TRP
GSPC
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Shell (SHEL) 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 Shell (SHEL) and TC Energy (TRP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Shell (SHEL) and TC Energy (TRP)
MetricSHELTRP
Volatility (1Y, Annualized)23.60%19.39%
Beta (5Y)0.100.64
Max Drawdown (5Y)-25.04%-38.98%
Avg. Volume (3M)6.01M2.56M

Risk-Adjusted Performance

Risk-Return Positioning

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SHEL 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 Shell (SHEL) and TC Energy (TRP)
MetricSHELTRP
Sharpe Ratio (1Y)1.361.05
Sortino Ratio (1Y)1.991.61

Profitability

ROE (TTM)

Both Shell (SHEL) at 17.43% 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.

SHEL

Energy industry group

17.43%

Max
53.85%
Q3
24.79%
SHEL
17.43%
Median
12.85%
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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Shell (SHEL) vs. TC Energy (TRP): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

TC Energy (TRP) at 25.05% retains a top-quartile share of revenue as profit, ahead of Shell (SHEL) at 10.18%, which keeps about the industry-typical share.

SHEL

Energy industry group

10.18%

Max
56.92%
Q3
22.92%
SHEL
10.18%
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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Shell (SHEL) 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 Shell (SHEL) at 18.76%, which runs around its industry’s norm.

SHEL

Energy industry group

18.76%

Max
71.31%
Q3
33.75%
SHEL
18.76%
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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Shell (SHEL) vs. TC Energy (TRP): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Shell (SHEL) and TC Energy (TRP)
MetricSHELTRP
ROE (TTM)17.43%12.15%
ROA (TTM)7.67%3.70%
Net Margin (TTM)10.18%25.05%
Operating Margin (TTM)18.76%41.66%
Gross Margin (TTM)26.93%70.07%

Growth

Revenue Growth

Both Shell (SHEL) at -6.13% and TC Energy (TRP) at 10.66% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both Shell (SHEL) at 18.58% and TC Energy (TRP) at -26.19% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Shell (SHEL) and TC Energy (TRP)
MetricSHELTRP
Revenue Growth (YoY)-6.13%10.66%
Revenue Growth (3Y CAGR)-11.21%7.38%
EPS Growth (YoY)18.58%-26.19%
EPS Growth (3Y CAGR)-19.31%72.24%

Financial Strength

Current Ratio (MRQ)

Shell (SHEL) at 1.38 keeps current ratio within its industry’s typical mid-range, while TC Energy (TRP) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TRP.

SHEL

Energy industry group

1.38

Max
3.64
Q3
2.21
Median
1.41
SHEL
1.38
Q1
0.88
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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Shell (SHEL) vs. TC Energy (TRP): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Shell (SHEL) at 0.38 carries an industry-typical debt-to-equity mix, while TC Energy (TRP) at 1.68 uses more debt funding than most peers.

SHEL

Energy industry group

0.38

Max
1.75
Q3
0.93
Median
0.54
SHEL
0.38
Q1
0.30
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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Shell (SHEL) 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 Shell (SHEL) and TC Energy (TRP)
MetricSHELTRP
Current Ratio (MRQ)1.380.57
Debt / Equity (MRQ)0.381.68
Net Debt / EBITDA0.596.08

Dividends

Dividend Yield (TTM)

TC Energy (TRP) at 5.57% delivers top-quartile income for its industry, while Shell (SHEL) at 1.54% pays a more typical yield — both are credible income propositions, TRP the richer one.

SHEL

Energy industry group

1.54%

Max
8.57%
Q3
3.58%
Median
1.71%
SHEL
1.54%
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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Shell (SHEL) vs. TC Energy (TRP): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Shell (SHEL) at 26.24% 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.

SHEL

Energy industry group

26.24%

Max
133.24%
Q3
53.31%
SHEL
26.24%
Median
25.24%
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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Shell (SHEL) vs. TC Energy (TRP): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Shell (SHEL) and TC Energy (TRP)
MetricSHELTRP
Dividend Yield (TTM)1.54%5.57%
Dividend Payout Ratio (TTM)26.24%93.87%

Valuation

P/E Ratio (TTM)

Shell (SHEL) at 8.60 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.

SHEL

Energy industry group

8.60

Max
39.54
Q3
21.72
Median
12.19
SHEL
8.60
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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Shell (SHEL) vs. TC Energy (TRP): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Shell (SHEL) at 0.87 looks cheap on sales in the lower P/S ratio quartile, while TC Energy (TRP) at 4.03 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

SHEL

Energy industry group

0.87

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
SHEL
0.87
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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Shell (SHEL) vs. TC Energy (TRP): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Shell (SHEL) at 1.43 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.

SHEL

Energy industry group

1.43

Max
4.21
Q3
2.38
Median
1.51
SHEL
1.43
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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Shell (SHEL) vs. TC Energy (TRP): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Shell (SHEL) and TC Energy (TRP)
MetricSHELTRP
P/E Ratio (TTM)8.6023.19
P/S Ratio (TTM)0.874.03
P/B Ratio (MRQ)1.433.54
Free Cash Flow Yield (TTM)10.35%0.77%