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 (TRP) is perceived as a stable investment within the energy sector, particularly due to its strong positioning in natural gas infrastructure. Most experts agree that while the company has experienced significant price increases recently, concerns about its current valuation being on the high side have emerged. The consensus leans towards waiting for a better entry point given the potential for lower valuations in the near future. Many analysts appreciate the dividend yield and contracted cash flows, along with the company's long-term growth prospects; however, they caution against entering at the current prices due to perceived overvaluation. Overall, the views on TRP showcase a blend of appreciation for its stability and dividend payouts, tempered by the outlook for a cooling in growth expectations.

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Consensus
Hold
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Valuation
Overvalued
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Similar
ENB,ENB
COMMENT
Even if the US vetoes the Keystone project, someone will still need and want the oil and this company will find other means to ship it. The odds are that Keystone will get approved.
COMMENT
Feels the US president is going to say Yes to the Keystone project and it is going to get built. They need our oil. Will have to raise a lot of money to build this, which could be a bit of a negative.
BUY
Liked it for a while. A core stock in his portfolio for some time. It had a set back, fell to support. Would be awfully nice to have keystone go through but if not, it’s ok.
TOP PICK
Keystone pipeline will get done. Project has as much of a green light as it’s going to get. There will be more opposition. Will be hugely accretive over the next few years.
BUY
Had sold his holdings but is now looking at it again. Has a very nice yield at 4.5% and is pretty stable. Keystone has to go ahead but the fundamentals are pretty solid.
HOLD
2 things he worries about. Shifting where natural gas is being found in North America means they are having significant trouble filling their main gas line from Alberta. They have a big natural gas plant in New York and have recently been hit with what they feel are very unfair rate issues. Feels the Keystone project will get green lighted.
TOP PICK
Badly underperformed similar companies because of the uncertainty of the Keystone pipeline. There has also been an issue with this main gas line in Canada because of poor demand of natural gas. A very political issue in the US but he thinks it will get approval.
COMMENT
Slow growth. Analysts recommend it because it is a safe investment and pays a decent dividend. Trading at a mid--teens multiple of earnings, which is rich in this market.
SELL
Not one he has looked at in dept. Has largest distribution in Canada. 18$ multiples – historic multiples. Plateaued since 2005. Look at it for the dividend yield. Downside risk short term. It is a yield name, not growth.
BUY
Keystone XL pipeline decision in November. He thinks it will get resolved in TRP’s favour. It’s a huge job creation project (125k jobs). Add on pull backs.
BUY
If they don’t get permits for XL pipeline it will not hurt the stock very much because they are very long term projects. If they do get them, it could be a good boost, though.
COMMENT
Preferreds. Credit quality: They are good – it is quite regulated. It is more about the preferred share type. They have rate resets and perpetual. Perpetuals yield more but are more volatile.
BUY ON WEAKNESS
Good company but just sold his holdings because he felt it was fully valued at $43. If it pulls back into the high $30's, he might reenter. Important to take your gains in markets like this. Alternatively, you could sell part of your position to lock in your profit.
PAST TOP PICK
(A Top Pick June 3/10. Up 20.92%.) A great stock for income seekers. Tremendous record of raising its dividends. Believes the Keystone pipeline into the US will be approved.
BUY
Has moved up more than ENB lately.
Showing 616 to 630 of 1,296 entries