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.

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Consensus
Hold
valuation icon
Valuation
Overvalued
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Similar
ENB
TOP PICK
4.5% yield. Balance sheet has been cleaned up. Has cash.
DON'T BUY
Has done well, but not sure if they can continue.
WEAK BUY
Utilities are very expensive. Very solid financial base which could allow them to buy some troubled assets very cheaply.
TOP PICK
4.6% yield. Sold off more core assets. Won't be a big growth.
BUY
Has done well in a rough market.
HOLD
Very attractive.
DON'T BUY
Not a big fan at these prices. Good company.
BUY
New management. Prefers over Transalta.
BUY
Earnings are going up modestly. Cash flow is good. Stable dividend.
HOLD
A safe and solid company.
HOLD
Has been a strong performer.
PAST TOP PICK
(Was a top pick on Apr 24 up 7.5%) Still likes. Offers great value. Strong dividend. Good management. Will give you a 10.5% return.
DON'T BUY
Good company, but is interest rate sensitive. Fully priced.
BUY
Good dividend. Price is OK. Slow growth.
TOP PICK
4.4% dividend. Not a great growth stock. Will return 7 to 10%.
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