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
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ENB
BUY
Looking more interesting. Has had a few major projects announced recently. It'll probably turn this more into a growth orientation.
HOLD
Just announced the Keystone Pipeline transporting oil from Alberta to Illinois. Sees the pipelines as a HOLD at this point.
HOLD
Historically looks expensive for a utility stock, but it's up for a good reason. They've had good results and the Bruce facility has been a home run. Don't see it going a lot higher. Can probably add a dollar or two for the next year or so. Good dividend. A good, safe, steady kind of stock.
BUY
Likes the outlook for the company. Great opportunity for new pipeline coming down from the north. 3 1/2% yield. Sees the dividend increasing along with earnings.
BUY
Likes the outlook for the company. Great opportunity for new pipeline coming down from the north. 3 1/2% yield. Sees the dividend increasing along with earnings.
BUY
An excellent vehicle, not only for income, but also for growth. This and Enbridge should do very well over the long term.
TOP PICK
Feels that the whole power area will continue to be a growth area. Will see the earnings grow in the 5/7% range plus a 4% dividend yield will give about a 10% rate of return.
DON'T BUY
Had a pretty good run. Would look for marginally higher highs in the company, but pretty fairly priced in the low $30's.
BUY
Likes the yield and that they have the nuclear power plants in Ontario. Watch the McKenzie Delta pipeline where they are in competition with Enbridge trying to get something big.Likes the yield and that they have the nuclear power plants in Ontario.
DON'T BUY
Is right up at 2 X book value and historically that has been it. FMV is only about $32/33.
DON'T BUY
Has had a good recovery. Likes dividend paying utility type stocks. May be a little high now.
BUY
Utility stocks seems to be the safest area to preserve capital and still make a decent profit. May be a counter balance to the strong resource stocks.
BUY
Good stock in a diversified portfolio. Growth will come with demand for power in North America. Have announced some LNG projects which will be very positive. Over 4% yield.
HOLD
Has had a wonderful ride. Had a correction. One note of caution, the recent high has not exceeded the previous high.
HOLD
The LNG won't come into affect until 2010/2012. Would like to see them have the ability grow their earnings at a higher clip.
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