TSE:TRP
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Nervous markets await NvidiaThis summary was created by AI, based on 54 opinions in the last 12 months.
TC Energy (TRP) has been positively received by multiple analysts, with many emphasizing its defensive nature and attractive dividend yield, currently around 4.8% to 7%. The recent spin-off of South Bow has prompted a renewed focus on its natural gas pipeline operations, leading to optimistic projections for growth potential amid a stable demand for natural gas, particularly from data centers. Analysts have noted the company's important role in North America's energy landscape, touching a significant percentage of LNG and natural gas supply. Despite concerns about market volatility and potential tariff impacts, the consensus remains that the company's solid infrastructure and focus on natural gas position it well for future development and dividend increases.
All these companies carry heavy debt. Once slip up and their cash flow is in trouble. He prefers companies with high cash flow and low capex, like Apple and Meta. Not for him, but if interest rates continue to fall in Canada, dividend stocks like this could look stable and attractive. Pays a good 4.7% dividend.
Defensive assets are garnering less and less of a bid as people become more comfortable with economic risk. Used this name as a source of cash to add more beta to portfolios. Great company, but relative price performance has started to back off for the pipelines group. Pipelines carry a lot of debt, and financing costs could get more expensive if long-term yields stay high.
This is the one he likes in the space. Part of its business is very utility-like. Steady dividend, which will rise over time. Dividend also looks attractive in the face of an economic slowdown when interest rates would fall. Hold for the long haul.
More pipeline builds would certainly be an opportunity for growth for this name, but that's not why he owns it.
TC Energy is a Canadian stock, trading under the symbol TRP-T on the Toronto Stock Exchange (TRP-CT). It is usually referred to as TSX:TRP or TRP-T
In the last year, 35 stock analysts published opinions about TRP-T. 23 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TC Energy.
TC Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for TC Energy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
35 stock analysts on Stockchase covered TC Energy In the last year. It is a trending stock that is worth watching.
On 2025-09-10, TC Energy (TRP-T) stock closed at a price of $72.02.
TRP P/E at 19X compares with its 10-year range of 12 to 19x so it is certainly on the high end of the range. EPS growth as noted is not going to be spectacular. The stock is trading for its yield of 4.74% and its safety going into a possible recession. Business is historically stable and the tax-adjusted yield is certainly attractive vs fixed-income alternatives. We are comfortable with it, but more as an income security and would not expect big gains here. It's up 33% in the past year and we doubt that rate is sustainable, certainly. The debt is nothing new of course, and common for the sector. Lower rates will help here. It has 13 BUYS, 10 HOLDS and 3 SELLS. Avg. target price $73.37. We would consider it 'buyable' slightly lower. Our main comment here references the 'riskier' note in the question. IF we head into a period of weakness, we would prefer to own TRP over dozens of other.
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