TSE:TRP

TC Energy (TRP.TO)

98.83
-0.77 (0.77%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
1333 watching
0
Investor Insights
star iconJun 27, 2026, 12:00 am

This summary was created by AI, based on 18 opinions in the last 12 months.

TC Energy (TRP) continues to be a focal point for investors, garnering mixed opinions regarding its current valuation and growth potential. While many experts appreciate the company's strong position in natural gas infrastructure and its long-term project backlog, they express concerns over its high valuation, trading at around 23x PE with modest growth expectations of only 6%. Some analysts highlight the company's stability and solid dividend as attractive features, particularly in a low-interest-rate environment. However, several experts suggest waiting for a better entry point due to the stock being perceived as overvalued at present. Overall, while TC Energy is recognized for its critical infrastructure role in the energy sector, caution is advised given its premium pricing relative to growth prospects.

consensus icon
Consensus
Hold
valuation icon
Valuation
Overvalued
review icon
Similar
ENB,ENB
BUY
The questioning of the Keystone pipeline running down to the Gulf is just a big charade. US is going to have to get oil and Canada is a very dependable place. This is not going to be stopped.
PAST TOP PICK
(A Top Pick May 19/09. Up 21.35%.) Still likes.
PAST TOP PICK
(Top Pick Jun 18/09, Up 22%) Dividend increase since last year.
STRONG BUY
Charges a toll that is not based on the day-to-day commodity prices. Substantial growth plans going out over the next decade. Growing dividend. Should be a cornerstone of all portfolios.
PAST TOP PICK
(A Top Pick June 25/09. Up 23%.) Closer to full valuation now but is happy to hold safe stocks with a little bit of growth. 4% yield.
DON'T BUY
When looking at yields, he prefers something with more growth. Not enough growth potential of at the current price multiple of 15-16 times earnings.
BUY
Good defensive income play. Positive outlook for near and long-term. 4.3% dividend yield. Have projects coming for earnings growth. Did a couple of equity issues that will be dilutive to earnings in the near term but as projects kick in, it should be more earnings growth.
TOP PICK
Likes it for the yield, which is rising and the backlog of projects. Power generation will more and more become a privatized business across the province. So much of its business is pipelines and power generation that it doesn’t matter who runs it.
PAST TOP PICK
(Past Pick May 19/09, Up 19.53%)
BUY
It’s a core position at 5% of his portfolio. Lot of projects that are coming on in the next couple of years. They had to do a lot of equity issues over the years. Keystone pipeline is coming on line as soon as it fills. There is a fear of over capacity. Customers want discounts. Well managed company and he likes where they are in generation and pipelines. They are a dividend grower.
PAST TOP PICK
(Top Pick , Down 0.36%) Would still look at for dividend yields.
TOP PICK
Been in the penalty box for a while. Significant pullback giving a good entry point. Catalysts are 1) it's defensive, 2) good dividend yield, 3) Keystone is a positive for the company and over time it will throw off about $1.3 billion in terms of cash flow and 4) the restart of Bruce #1 and $2, which they have a significant interest in.
TOP PICK
(A Top Pick Sept 28/09. Up 7.02%.) Very secure dividend yield. Pre-funded the majority of the major cap-X program on their Keystone project. Expect it to be a 10%-15% grower beginning next year. Good defensive position for a portfolio.
PAST TOP PICK
(A Top Pick May 19/09. Up 19%.) A core holding because the dividend is so good and he keeps going up. Has a pipeline of projects in power generation and energy transmission. Terrific entry point right now.
WAIT
Utilities tend to do better in July. Tend to get hit with the market in the beginning and then people tend to get attracted later in July and in September.
Showing 691 to 705 of 1,294 entries