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Compare · TRP vs WES

TRP vs WES

Side-by-side comparison of TC Energy Corporation (TRP) and Western Midstream Partners LP (WES): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both TRP and WES operate in Natural Gas Distribution (Utilities), so they compete in similar markets.
  • TRP is the larger of the two at $70.63B, about 4.1x WES ($17.34B).
  • WES has hit the wire 1 time in the past 4 weeks while TRP has been quiet.
  • Both have 25 recent analyst ratings on file.
MetricTRPWES
Company
TC Energy Corporation
Western Midstream Partners LP
Price
$67.81-0.34%
$43.95+0.76%
Market cap
$70.63B
$17.34B
1M return
-
-
1Y return
-
-
Industry
Natural Gas Distribution
Natural Gas Distribution
Exchange
NYSE
NYSE
IPO
2012
News (4w)
0
1
Recent ratings
25
25
TRP

TC Energy Corporation

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage segments. The company builds and operates 93,400 km network of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,200 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

WES

Western Midstream Partners LP

Western Midstream Partners, LP, together with its subsidiaries, acquire, own, develop, and operate midstream assets primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids, and crude oil; and gathering and disposing of produced water. The company also buys and sells natural gas, NGLs, and condensate. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Midstream Partners, LP operates as a subsidiary of Occidental Petroleum Corporation.

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