TSE:TRP

TC Energy (TRP.TO)

88.19
-1.37 (1.53%)
as of Aug 7, 2026, 8:00:00 pm Market Open.
1333 watching
0
Investor Insights
star iconAug 7, 2026, 12:00 am

This summary was created by AI, based on 20 opinions in the last 12 months.

TC Energy, symbol TRP-T, has garnered mixed reviews from experts. Overall, it is viewed as a relatively safe investment, particularly for those seeking dividends in the pipeline sector, though some analysts highlight its current valuation as being on the expensive side. Many reviewers appreciate its focus on natural gas and its robust project backlog, signaling potential growth despite the company's current high price-to-earnings ratio. There is also a common sentiment among experts that while the stock has performed well recently, it may be prudent to wait for lower valuations before initiating a new position. The dividend yield is attractive, and factors such as a potential shift to lower interest rates could enhance its appeal, but concerns about high debt and the need for stable cash flows remain relevant.

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Consensus
Hold
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Valuation
Overvalued
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ENB
BUY
Good space with great assets and long term service agreements. 3rd choice amongst Enbridge and Pembina. Owns shares, but not too many. Affected by recent energy selloff. Yielding above 6% (believes dividend is safe).
COMMENT
Dividend safe? About 20 years ago, TRP cut its dividend. Masses of widows and orphans descended on Bay Street with pitchforks and torches. Shareholder revolt. So a lot of things have to go wrong for it to cut.
BUY
Canadian bellwether stock. Good business in the long term. Is a good time to buy right now. Would recommend buying.
TOP PICK
Recent rise of share price is less desirable for investors today (want to buy low), but still believes a good time to buy. Large distribution network across North America. Attractive dividend that is a good long term investment. Rising energy prices good for the company.
Unspecified
A great business along with Enbridge and others. Dividend is safe and grows year after year. Has a big project in Mexico so there has been overhanging fear of a large equity issue. It did have an equity issue months ago but says it will not use equity again for any more funding if needed.
BUY
Slightly better value than ENB right now, but both stocks work at these levels.
BUY
Defensive against a recession? We're probably already in a recession, as the telling numbers lag a bit. Perfect type of stock you want to own through this. Good, stable business with critical infrastructure assets. Avoided by ESG investors, but a good buying opportunity for the rest of the community.
TOP PICK
He recently re-entered this. Its valuation is incredible and it pays a 6.5% dividend which is sustainable. Strong balance sheet. It's good value for the next 12 months. He started buying this. Recession fears are a risk though. (Analysts’ price target is $69.08)
TOP PICK
Pipelines are a good place to be in this tough market. Nat gas tailwinds. Really defensive. New purchase will be accretive in time. Lots of projects for growth. Trades at an undemanding 15x. Yield is 5.63%, with 4% dividend growth. (Analysts’ price target is $69.44)
PAST TOP PICK
(A Top Pick Aug 26/21, Up 12%) His return would have been higher had TRP not come to the market for equity recently, but that was done to finance pipelines in Mexico and BC. Opportunities for this company are strong. Natural gas in Canada is becoming more export-oriented, and TC is the only company in North American that can ship it given their pipeline system. He's been buying it.
TOP PICK
Well positioned in nat gas, power generation, energy. Fairly solid history of annual dividend increases. Pretty strong balance sheet. Issued shares to further strengthen balance sheet. Yield is 5.56%. (Analysts’ price target is $70.08)
BUY
A core holding for yield seekers. Very good company. They're less indebted than Enbridge. The dividend will continue to rise. You can own just one or two pipelines, and not all of them. Not a lot of growth. Buy for the dividend.
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PAST TOP PICK
(A Top Pick Feb 02/21, Up 21.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TRP has triggered its stop at $67. To remain disciplined, we recommend covering the position at this time.
Unspecified
It is going up even with rising interest rates. Be cautious putting new money into this when other companies in other sectors have much higher growth rates. The market is already pricing in recession.
BUY
At record high. Total return security for investors who want a dividend. Dividend should grow 3-5%. A nice core name for a conservative portfolio, expecting 10-15% capital gain potential and a nice, growing dividend. At the right time, he'd consider adding. Yield is 4.9%.
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