TSE:TRP

TC Energy (TRP.TO)

95.83
+0.08 (0.08%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
1335 watching
0
Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 19 opinions in the last 12 months.

TC Energy (TRP) is viewed by experts as a solid investment in the midstream sector, particularly due to its strong position in natural gas infrastructure and a growing project backlog valued at $8 billion. While some analysts express concern over its high valuation relative to earnings, they appreciate its stability and utility-like characteristics, which provide consistent cash flows. The company has been experiencing volatility in its stock price tied to broader market movements, but many express confidence in its long-term prospects, particularly with the anticipated growth in pipeline infrastructure across North America. Despite varying opinions on the timing for new investments, several analysts highlight the potential for steady dividend growth and the importance of natural gas as a transition energy source. Overall, TRP is perceived as a reliable investment for income-focused strategies, though caution is advised regarding its current valuation levels and market sentiment.

consensus icon
Consensus
Hold
valuation icon
Valuation
Overvalued
review icon
Similar
ENB,ENB
BUY
Recently issued new stocks. If you don't own shares, this would be a good time to buy.
BUY
Proposing to issue new shares at $38 a share, to acquire a major pipeline in the US. This is not a cheap stock, but has a fairly good yield of about 3.5%. These stocks do fairly well as so many people are looking for these yields.
BUY
A great long-term investment. 2nd time in 12 months they have increased the dividends. With no changes coming in income trusts, companies with high dividend stocks and able to increase them consistently will be where investors go.
HOLD
Have made some major acquisitions and need to raise money. Good yield. Getting pretty fully priced here. If it goes up anymore, he might consider letting some of his goal.
BUY
Still buying for new clients. With the demise of the income trust sector, people are looking for nice safe places to get a yield.
TOP PICK
A great play on virtually anything to do with energy, such as power stations in Alberta, power lines. 3.2% dividend. Just bought El Paso’s pipelines which means they have a means of shipping oil from the oil sands to the US south. Have :LNG in Quebec.
DON'T BUY
Owns Enbridge (ENB-T), but they can be viewed pretty similarly. After the trust scenario, a lot of money moved into companies like this and banks, so it’s moved up. From here, the multiples are kind of high. Expect it will go basically sideways.
SELL
Although the street has a love affair with Transcanada (TRP-T) and Enbridge (ENB-T), P/E ratios and yield for these 2 are ridiculous compared to pipeline trusts. Would move his money.
BUY
Good high paying dividend. Expects the Bank of Canada will reduce interest rates next year and high dividend stocks will be in demand.
PAST TOP PICK
(A Top Pick July 11/06. Up 10.4%.) 3.5% dividend. Interest sensitive and has growth as well. Would still buy at this price.
TOP PICK
Very interest rate sensitive. Besides shipping natural gas, they also have investments in alternative energy. Yields 3.7%.
DON'T BUY
Has never liked TransCanada (TRP-T) Enbridge (ENB-T) or Transalta (TA-T). His model price is $31.71, a -9% differential. Finding more value elsewhere.
BUY
Trading around 16 X earnings. There is a regulated side, but they have a lot of unregulated where you are getting the growth. Long-term, they are the ones hoping to build the McKenzie Delta pipeline. Good yield and reasonable price.
BUY
Good, long-term growth prospects. They will be in an expansion phase for decades. Pays a reasonable dividend. Won't be hit by various cycles. Prefers to buy at $33.
TOP PICK
A defensive play. Yields about 3.6%. Trades at a reasonable market multiple. Very solid, disciplined business.
Showing 946 to 960 of 1,293 entries