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TC Energy

TRP-T

TSE:TRP

61.93
0.30 (0.49%)
TC Energy is a major North American energy company, based in Calgary, Alberta, in Canada, that develops and operates energy infrastructure in North America. The company operates three core businesses: Natural Gas Pipelines, Liquids Pipelines and Energy. In May 2019, the company changed its name from TransCanada Corporation to TC Energy to better reflect the company's business, which includes pipelines, power generation and energy storage operations in Canada, the United States and Mexico.
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Analysis and Opinions about TRP-T

Signal
Opinion
Expert
Chart
WEAK BUY
WEAK BUY
July 21, 2021

TRP vs. ENB vs. PPL Likes it. Trading below pre-Covid highs, as it's viewed as more defensive. Keystone XL announcement was initially negative, but a relief going forward. Not starved for growth. Lots of capex in development. Market will continue to rerate the stock. He prefers ENB, as its valuation is still at a modest discount, Line 5 is mostly resolved. TRP, PPL, and ENB are all high quality companies that you can't go wrong owning. But ENB is his pick of the three.

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TC Energy (TRP-T)
July 21, 2021

TRP vs. ENB vs. PPL Likes it. Trading below pre-Covid highs, as it's viewed as more defensive. Keystone XL announcement was initially negative, but a relief going forward. Not starved for growth. Lots of capex in development. Market will continue to rerate the stock. He prefers ENB, as its valuation is still at a modest discount, Line 5 is mostly resolved. TRP, PPL, and ENB are all high quality companies that you can't go wrong owning. But ENB is his pick of the three.

Varun Anand
Price
$60.925
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 25, 2021
(A Top Pick Jun 05/20, Up 6%) Surprising that is was flat. Has come down to the $50s a few times to come back. The environment for natural gas has been positive. Cancellation of the Keystone pipeline is a red herring. Many good things going for the company. Key positions in his portfolios.
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TC Energy (TRP-T)
June 25, 2021
(A Top Pick Jun 05/20, Up 6%) Surprising that is was flat. Has come down to the $50s a few times to come back. The environment for natural gas has been positive. Cancellation of the Keystone pipeline is a red herring. Many good things going for the company. Key positions in his portfolios.
Ryan Bushell
Price
$62.890
Owned
Yes
BUY
BUY
May 7, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues fell short of estimates by 8% but EPS was 4% better at $1.16. Outlook is good despite losing Keystone. Comfortable buying at 14x earnings. Unlock Premium - Try 5i Free

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TC Energy (TRP-T)
May 7, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues fell short of estimates by 8% but EPS was 4% better at $1.16. Outlook is good despite losing Keystone. Comfortable buying at 14x earnings. Unlock Premium - Try 5i Free

WEAK BUY
WEAK BUY
April 27, 2021

The cancellation of Keystone XL benefits TRP because it gets them to focus on their other growth opportunities worth over $20 billion which are less risky. He prefers ENB given lower valuation plus their higher dividend yield. ENB is the best large-cap midstream in Canada and excess cash flow may lead to share buybacks. Both have strong balance sheets and can grow dividends.

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TC Energy (TRP-T)
April 27, 2021

The cancellation of Keystone XL benefits TRP because it gets them to focus on their other growth opportunities worth over $20 billion which are less risky. He prefers ENB given lower valuation plus their higher dividend yield. ENB is the best large-cap midstream in Canada and excess cash flow may lead to share buybacks. Both have strong balance sheets and can grow dividends.

Varun Anand
Price
$60.260
Owned
Yes
WEAK BUY
WEAK BUY
April 8, 2021
TRP vs. ENB Nothing wrong with it except the cancelling of Keystone. Still a fantastic business. Great assets. Fewer pipelines increases the value of those assets. Has underperformed. He owns ENB, with its better growth profile.
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TC Energy (TRP-T)
April 8, 2021
TRP vs. ENB Nothing wrong with it except the cancelling of Keystone. Still a fantastic business. Great assets. Fewer pipelines increases the value of those assets. Has underperformed. He owns ENB, with its better growth profile.
BUY
BUY
March 18, 2021

For income investors, pipelines look great. Great dividend. The sector suffered neglect as people chased higher growth areas of the market. He owns ENB, PPL, and TRP. Also consider KEY, which has more exposure to the commodity. Makes a lot of sense for conservative investors.

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TC Energy (TRP-T)
March 18, 2021

For income investors, pipelines look great. Great dividend. The sector suffered neglect as people chased higher growth areas of the market. He owns ENB, PPL, and TRP. Also consider KEY, which has more exposure to the commodity. Makes a lot of sense for conservative investors.

John Zechner
Price
$57.230
Owned
Yes
BUY
BUY
March 10, 2021

Canadian pipelines still offer value. We still rely on fossil fuels and will for a long time. Difficulty in building new infrastructure raises the value of existing infrastructure. TRP and ENB can offer good profitability, sizable dividend yields. Prefers ENB, but likes both.

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TC Energy (TRP-T)
March 10, 2021

Canadian pipelines still offer value. We still rely on fossil fuels and will for a long time. Difficulty in building new infrastructure raises the value of existing infrastructure. TRP and ENB can offer good profitability, sizable dividend yields. Prefers ENB, but likes both.

Shane Obata
Price
$58.190
Owned
No
BUY
BUY
March 9, 2021
Are TRP, Enbridge and Pembina bond proxies? They're safer than the energy market, due to lower volatility. These will react to interest rates more than pure oil companies. The three all have highly contracted earnings that are guaranteed over the years. These are relatively safe stocks but keep in mind they will be sensitive to interest rates. He would continue to own them in the face of rising interest rates.
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TC Energy (TRP-T)
March 9, 2021
Are TRP, Enbridge and Pembina bond proxies? They're safer than the energy market, due to lower volatility. These will react to interest rates more than pure oil companies. The three all have highly contracted earnings that are guaranteed over the years. These are relatively safe stocks but keep in mind they will be sensitive to interest rates. He would continue to own them in the face of rising interest rates.
Michael Sprung
Price
$57.455
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
March 5, 2021
Growth started to stall in 2018. It has been trading in a range between $50-$70 for the last 3 years. A compelling total return play before but it is now an income play. It is yielding around 6.1%. A good company with critical infrastructure in natural gas and oil. Keystone XL cancellation is negative but it is probably priced in. Dividend is safe. Buy in the lower end of the trading range, like right now, for income.
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TC Energy (TRP-T)
March 5, 2021
Growth started to stall in 2018. It has been trading in a range between $50-$70 for the last 3 years. A compelling total return play before but it is now an income play. It is yielding around 6.1%. A good company with critical infrastructure in natural gas and oil. Keystone XL cancellation is negative but it is probably priced in. Dividend is safe. Buy in the lower end of the trading range, like right now, for income.
Brian Madden
Price
$56.870
Owned
No
BUY
BUY
February 10, 2021
Think about it in terms of natural gas. With electrification, he doesn't see a drop in demand for nat gas, so they should be able to continue unabated without Keystone. Still planning to spend. An OK pick for income. Has some renewables. Worth buying right now. Bond substitute, given low interest rates. Yield is about 6%.
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TC Energy (TRP-T)
February 10, 2021
Think about it in terms of natural gas. With electrification, he doesn't see a drop in demand for nat gas, so they should be able to continue unabated without Keystone. Still planning to spend. An OK pick for income. Has some renewables. Worth buying right now. Bond substitute, given low interest rates. Yield is about 6%.
David Driscoll
Price
$54.180
Owned
Unknown
WEAK BUY
WEAK BUY
February 8, 2021

It is one of two large cap pipelines in Canada. He prefers ENB-T in this case with more attractive growth prospects but you are okay with TCM-T. GEI-T is another good one.

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TC Energy (TRP-T)
February 8, 2021

It is one of two large cap pipelines in Canada. He prefers ENB-T in this case with more attractive growth prospects but you are okay with TCM-T. GEI-T is another good one.

Jamie Murray
Price
$54.980
Owned
No
TOP PICK
TOP PICK
February 2, 2021
Stockchase Research Editor: Michael O'Reilly TRP operates a massive energy infrastructure system of pipelines, storage facilities and power generation throughout North America, including Mexico. It's Keystone XL project has become a political football, as newly elected President Biden signed an executive order denying a permit on his first day -- countering the permit granted by the previous Trump Administration. The company still makes money and pays a good dividend. We would buy this with a stop-loss at $47, looking to achieve $70 -- upside over 26%. Yield 5.85% (Analysts’ price target is $68.60)
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TC Energy (TRP-T)
February 2, 2021
Stockchase Research Editor: Michael O'Reilly TRP operates a massive energy infrastructure system of pipelines, storage facilities and power generation throughout North America, including Mexico. It's Keystone XL project has become a political football, as newly elected President Biden signed an executive order denying a permit on his first day -- countering the permit granted by the previous Trump Administration. The company still makes money and pays a good dividend. We would buy this with a stop-loss at $47, looking to achieve $70 -- upside over 26%. Yield 5.85% (Analysts’ price target is $68.60)
HOLD
HOLD
January 18, 2021
She does not think a cancellation of the XL project will impact this company. They will still grow their dividend. The news is a negative sentiment action on the stock price.
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TC Energy (TRP-T)
January 18, 2021
She does not think a cancellation of the XL project will impact this company. They will still grow their dividend. The news is a negative sentiment action on the stock price.
Christine Poole
Price
$54.300
Owned
Unknown
BUY
BUY
January 6, 2021
Feels very good about it. Due for a dividend increase. Has bounced off the $52 level three times. Still near March lows, but with strong fundamentals. Nat gas prices in NA and offshore are doing quite well. Keystone XL risk is a red herring, as Alberta government has removed the risk. Actively adding. Yield is 6%.
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TC Energy (TRP-T)
January 6, 2021
Feels very good about it. Due for a dividend increase. Has bounced off the $52 level three times. Still near March lows, but with strong fundamentals. Nat gas prices in NA and offshore are doing quite well. Keystone XL risk is a red herring, as Alberta government has removed the risk. Actively adding. Yield is 6%.
Ryan Bushell
Price
$53.000
Owned
Yes
COMMENT
COMMENT
December 31, 2020
Energy companies have a ways to run. Despite robust dividends, they'll benefit from increased demand in energy. Biden won't be as aggressively anti-fossil fuel as thought. Examine your reasons for buying, and ask if they're still true. If not, sell. Yield is 6.25%.
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TC Energy (TRP-T)
December 31, 2020
Energy companies have a ways to run. Despite robust dividends, they'll benefit from increased demand in energy. Biden won't be as aggressively anti-fossil fuel as thought. Examine your reasons for buying, and ask if they're still true. If not, sell. Yield is 6.25%.
Brendan Caldwell
Price
$51.910
Owned
Unknown
Showing 1 to 15 of 1,093 entries

TC Energy(TRP-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 20

Stockchase rating for TC Energy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

TC Energy(TRP-T) Frequently Asked Questions

What is TC Energy stock symbol?

TC Energy is a Canadian stock, trading under the symbol TRP-T on the Toronto Stock Exchange (TRP-CT). It is usually referred to as TSX:TRP or TRP-T

Is TC Energy a buy or a sell?

In the last year, 20 stock analysts published opinions about TRP-T. 17 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is WEAK BUY. Read the latest stock experts' ratings for TC Energy.

Is TC Energy a good investment or a top pick?

TC Energy was recommended as a Top Pick by Varun Anand on 2021-07-21. Read the latest stock experts ratings for TC Energy.

Why is TC Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is TC Energy worth watching?

20 stock analysts on Stockchase covered TC Energy In the last year. It is a trending stock that is worth watching.

What is TC Energy stock price?

On 2021-07-28, TC Energy (TRP-T) stock closed at a price of $61.93.