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 26, 2026, 12:00 am

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

TC Energy (TRP) is perceived as one of the more expensive stocks in the midstream pipeline sector, trading at a premium valuation due to its strong position in natural gas infrastructure and expanding project backlog. While experts acknowledge the company's stable cash flows, solid dividend growth, and investment-grade credit rating, they are cautious about its current high price-to-earnings (PE) ratio, which is around 23x for 2028 earnings growth of about 6%. Many analysts recommend holding the stock for the long term, given its robust network and potential for continued growth, particularly as natural gas becomes a more favored energy source. However, some experts suggest waiting for a more attractive entry point, as the overall market conditions could lead to volatility and potential downgrades in valuations, particularly in light of rising interest rates. Overall, TRP is viewed positively for its long-term utility but with concerns regarding its current valuation.

consensus icon
Consensus
Hold
valuation icon
Valuation
Overvalued
review icon
Similar
ENB
PAST TOP PICK
(A Top Pick Aug 21/06. Up 9%.) Still likes. Came off its recent highs as interest rates rose. High dividend yield. Thinks the whole power infrastructure area is very interesting.
HOLD
High dividend yield. Likes it better than the banks right now.
TOP PICK
Well run. Great dividend yield. Reasonable valuation. Earnings growth likely be around 10%. Acquired another pipeline asset about a year ago and those earnings will be coming on side. Under pressure because of concerns of interest rates. He does not believe interest rates will rise much more.
BUY
3.5% yield. Hasn't done a lot in the last year, but thinks there is more upside.
BUY
Good long-term outlook. In the near term, it has suffered as interest rates have moved up. Yield of 3.6%. For a long-term investor, he would recommend a Buy.
PARTIAL BUY
Interest-rate sensitive, so the stock has been dropping. As yields have been rising on the 10 yr governments, you start losing some of the benefit of the dividend yield. This is a very good time to start picking away at this stock.
TOP PICK
A chicken way of playing the energy sector. Nice dividend yield. He is not concerned about interest rates going significantly higher. Recent pullback has provided a good entry point. There should be some decent dividend and earnings growth over time.
HOLD
Company is executing very well. Might have some more downside because of Interest rates, but long term is worth it.
DON'T BUY
-7% differential. Utilities, telephone companies, high dividend paying equities in terms of Canada, are very expensive. Interest rates scare will cause these types of companies problems.
BUY
Has been a historically natural gas, but is now is doing more oil, has a stake of Ontario Power in the Kincardine area. Where there is a chronic shortage. Huge amount of value that's not built into the stock.
WAIT
Possible pull back, interest rate related. Might see a chance to buy this at under $38 in the next few months.
BUY
Outlook continues to be good. Likes the growth that it has in front of it. Expects the dividend will continue to grow.
COMMENT
Thinks that the power generation infrastructure spending is a really great place to be on and is a decade long play. Excellent dividend yield. Trading at the top of its multiple range
TOP PICK
For a yield investor that has a diversified portfolio of dividend paying stocks, this should be one of your holdings. One of the best-positioned utilities.
BUY
Boring pipeline company. Pays a 3%-4% dividend and grows 6 to 8%. In this kind of market, that’s not bad. Good defensive play.
Showing 916 to 930 of 1,294 entries