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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Similar
ENB
BUY
Has been a star. Restructuring has worked very well. Good dividend.
BUY
Good value. Nice dividend. Bruce Nuclear Power was a good move.
BUY
Selling close to a 5% yield.
BUY
Their move into nuclear power is a good diversification move.
DON'T BUY
Sees broad weakness in this sector. Long term may be OK. Interest rates could go up which would be a negative on dividend stocks.
BUY
Good dividend. Decent price.
BUY
Balance sheet is now in good shape, so can now grow aggessively. Expects good growth.
BUY
Good dividend.
BUY
High dividend yield. Reducing leverage on their balance sheet.
TOP PICK
Steady growth. Good acquisitions.
BUY
Good cash flow. This is a good base for portfolios.
PAST TOP PICK
(Was a top pick on Nov 6. No change.) Still likes.
DON'T BUY
Stuck in a $22 range. Has a nice yield.
BUY
Nice steady dividend. Solid balance sheet.
WEAK BUY
Tied in with bond yields and if these yields go higher, then dividends could be affected negatively.
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