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
DON'T BUY
No competition , but limited growth. Price is too high for the dividend payable.
DON'T BUY
Not a fan. Growth outlook is not strong.
DON'T BUY
A good company, but a little high now.
BUY
A good core holding. Conservative.
BUY
A good holding for yields.
WEAK BUY
A little pricey now. Good dividend. May tread water for awhile.
WEAK BUY
Has been a defence stock so money could be moving out. A good long term hold. Dividends are good.
BUY
Not enough supply for the pipes already out, so don't expect much growth, but good dividends and a good stock to hold.
BUY
Good dividend.
WEAK BUY
Good core holding. Has come up quite a bit.
BUY
Just raised their dividend.
BUY
Could be a strong hold. Doing well.
DON'T BUY
Has done great but currently a sell.
DON'T BUY
Expect return to be flat over the next year.
BUY
At a good price. Well managed. Have restructured and refocused. A defensive play.
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