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
Good company. Solid yield. Have some growth prospects from expanding nuclear plants that they own. Interest sensitive, so has been sold off in the last little while.
SELL
Interest sensitive. Would switch of this and buy Enbridge (ENB-T), primarily because Enbridge has more growth and strategic initiative.
DON'T BUY
His model price is $31.42 which is a -8% differential. This company's stock has always been above his model price.
BUY
They are long time holders of TransCanada and continue to like the company here. Demand for energy products are going to continue to grow in North American. It has a strong balance sheet and good dividends.
WEAK BUY
Prefers embridge to Transcanada. Owns more of it. Not a bad place to be, but don't expect it to give you 20% anymore though.
BUY
It has come off on its top as interest rates have moved up which is normal. Sees only limited upside in interest rates and the bond market.
HOLD
Excellent company but don’t add right now. Monopoly territory. A solid company with a solid dividend. For the long haul hold it.
TOP PICK
The oil sands are getting international attention on a level that has not been seen before. Play this through companies that will gain with infrastructure development. This company is converting an older natural gas pipeline to transport heavy oil into Illinois and maybe into Oklahoma.
HOLD
Prefers Enbridge (ENB-T) so would consider switching.
TOP PICK
Pays a very nice dividend. Gives you some growth opportunities with what's going to happen in the Mackenzie Valley. With the changes in the taxation on dividends, it is even more attractive.
DON'T BUY
Sell or writing call options? Utilities have done fabulously well. Now you have high P/E’s in the low 20’s because the market has been chasing yield. Just focusing on yields, you can end up paying too much relative to the earnings. You can find far better value elsewhere.
DON'T BUY
Is best guess on this one is that they will earn their dividends unless the market continues to rise and he just doesn't see that happening. Trading at twice the multiple it used to.
DON'T BUY
Could see that this would be of interest to some US companies as a takeout. Has a good yield and has been a good company to hold. Would prefer others.
BUY
They have a very nice dividend which they have a history of increasing year by year. Dividend are getting a very nice tax treatment. They have growth prospects in Hydro and with the Mackenzie Delta. What used to be a boring pipeline company has transformed itself into both a generation company and a bit of a growth story.
WAIT
Basically, this is a utility. There has been a change in attitude on taxes affecting dividends which makes this more attractive. Would wait until after the election to see what happens.
Showing 991 to 1,005 of 1,293 entries