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.

consensus icon
Consensus
Hold
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Valuation
Overvalued
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Similar
ENB,ENB
BUY
Made a major US acquisition in the pipeline area. Pay for it with a share issue. That brought the price of the stock down. This gives you an opportunity to buy.
COMMENT
Would lean more towards Enbridge (ENB-T) for growth.
TOP PICK
A very solid company with a predictable dividend of 3.5%. Core holding for all of his clients.
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.
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