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
review icon
Similar
ENB
BUY
Should continue to benefit from high gas prices.
DON'T BUY
Not a fan.
BUY
Expects gas needs will increase. Good yield.
BUY
The move into the Bruce Nuclear plant should be OK.
BUY
Gas is continuing to grow.
TOP PICK
(Was a top pick on Aug 1. Up 2%.) Refinancing. Good cash flow. 4.3% dividend.
TOP PICK
Has cash, so picking up some good assets. Good yield.
BUY
A good defensive nature to this stock. Dividends.
BUY
Good dividend with a 4/4.5% yield. Safe.
BUY
4.4% yield. Growing. Long term buy.
BUY
Could be in a postition to raise their dividends.
HOLD
Will do well in a recovery.
BUY
Balance sheet is in good shape to make acquisitions. Earnings only grow 5/6%, but dividend of 4.5% gives you an 8/9% return.
BUY
Solid looking. Expects expansion. Good dividend. A long term hold.
STRONG BUY
Yield is 4% plus. Expects a dividend increase.
Showing 1,156 to 1,170 of 1,294 entries