TC Energy

TRP-T

TSE:TRP

63.49
2.84 (4.68%)
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
COMMENT
COMMENT
March 11, 2020

Energy stocks? Right now stick to the large, liquid energy stocks. There is growing concern of counter-party credit exposure within the mid-stream and pipeline space. He recommends ENB-T and TRP-T for pipelines and SU-T and CNQ-T for producers, if you want to own any energy stocks. SU-T yield is 7.2%, while CNQ-T is 8.4%. CNQ-T is probably still showing positive cash flow, even at these oil price levels. You may still lose money, but it will be much less than a smaller player.

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TC Energy (TRP-T)
March 11, 2020

Energy stocks? Right now stick to the large, liquid energy stocks. There is growing concern of counter-party credit exposure within the mid-stream and pipeline space. He recommends ENB-T and TRP-T for pipelines and SU-T and CNQ-T for producers, if you want to own any energy stocks. SU-T yield is 7.2%, while CNQ-T is 8.4%. CNQ-T is probably still showing positive cash flow, even at these oil price levels. You may still lose money, but it will be much less than a smaller player.

TOP PICK
TOP PICK
February 20, 2020
Core holding. Trades at 18x earnings. 5-6% in both earnings and dividend growth. 30B worth of projects being built, and another 20B to come. Yield is 4.26%. (Analysts’ price target is $73.85)
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TC Energy (TRP-T)
February 20, 2020
Core holding. Trades at 18x earnings. 5-6% in both earnings and dividend growth. 30B worth of projects being built, and another 20B to come. Yield is 4.26%. (Analysts’ price target is $73.85)
HOLD
HOLD
February 13, 2020

If you own it, keep holding. Good income play. Nice yield. She owns ENB and PPL, and this is enough to be diversified. No compelling reason for her to trade them for TRP. Pipelines in the ground are becoming more valuable, and TRP has that network.

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TC Energy (TRP-T)
February 13, 2020

If you own it, keep holding. Good income play. Nice yield. She owns ENB and PPL, and this is enough to be diversified. No compelling reason for her to trade them for TRP. Pipelines in the ground are becoming more valuable, and TRP has that network.

BUY
BUY
February 10, 2020

ENB-T vs. TRP-T vs. IPL-T. IPL-T has the biggest upside because the price is not reflecting the PDH facility. ENB-T and TC are more stable companies and within those he likes ENB-T because Line 3 will most likely com on line first.

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TC Energy (TRP-T)
February 10, 2020

ENB-T vs. TRP-T vs. IPL-T. IPL-T has the biggest upside because the price is not reflecting the PDH facility. ENB-T and TC are more stable companies and within those he likes ENB-T because Line 3 will most likely com on line first.

BUY
BUY
January 22, 2020

ENB vs. TC He owns ENB which he has picked before. Hold onto it for a long time and collect the dividend. It's worked through its capex issues. TC has a similar story with cash flow growth, a strong dividend yield and a multiple expansion to come. Infrastructure assets like this are hard to find. Both have stable yields. You can own either.

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TC Energy (TRP-T)
January 22, 2020

ENB vs. TC He owns ENB which he has picked before. Hold onto it for a long time and collect the dividend. It's worked through its capex issues. TC has a similar story with cash flow growth, a strong dividend yield and a multiple expansion to come. Infrastructure assets like this are hard to find. Both have stable yields. You can own either.

BUY WEAKNESS
BUY WEAKNESS
January 21, 2020
A fine upward chart, but overbought. Wait for a correction.
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TC Energy (TRP-T)
January 21, 2020
A fine upward chart, but overbought. Wait for a correction.
BUY
BUY
January 16, 2020
Rough ride, but they broke out of the old resistance point. Looks good, with higher lows and highs. Good looking chart. Yield is 4.3%.
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TC Energy (TRP-T)
January 16, 2020
Rough ride, but they broke out of the old resistance point. Looks good, with higher lows and highs. Good looking chart. Yield is 4.3%.
COMMENT
COMMENT
January 15, 2020

ENB vs TRP? He does not own any pipeline companies presently. He thinks the dividends of both are safe. He would likely favour buying ENB as they have had more of a retracement in share price. There are still regulatory approvals that are required and the investor space is not looking favorably in this market.

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TC Energy (TRP-T)
January 15, 2020

ENB vs TRP? He does not own any pipeline companies presently. He thinks the dividends of both are safe. He would likely favour buying ENB as they have had more of a retracement in share price. There are still regulatory approvals that are required and the investor space is not looking favorably in this market.

PAST TOP PICK
PAST TOP PICK
January 8, 2020
(A Top Pick Jan 15/19, Up 32%) Pipelines are a good place to be right now, especially with constraints on pipelines. They have also been able to increase tariff rates. Still one of his favorites. Yield 4.4%
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TC Energy (TRP-T)
January 8, 2020
(A Top Pick Jan 15/19, Up 32%) Pipelines are a good place to be right now, especially with constraints on pipelines. They have also been able to increase tariff rates. Still one of his favorites. Yield 4.4%
BUY
BUY
January 8, 2020
ENB and Transcanada: own both? Both have done well, both have made larger US acquisitions and both are reducing debt. Both have a good growth profile. Both pay a nice dividend. Happy to own either, but pick just one.
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TC Energy (TRP-T)
January 8, 2020
ENB and Transcanada: own both? Both have done well, both have made larger US acquisitions and both are reducing debt. Both have a good growth profile. Both pay a nice dividend. Happy to own either, but pick just one.
COMMENT
COMMENT
December 4, 2019
Pays a decent yield and has an okay balance sheet. 22% upside potential. He's neutral about it. Not excited. Neither a buy or sell.
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TC Energy (TRP-T)
December 4, 2019
Pays a decent yield and has an okay balance sheet. 22% upside potential. He's neutral about it. Not excited. Neither a buy or sell.
BUY
BUY
December 3, 2019

and Enbridge He owns this and Enbridge, and likes both. They both pay good yields; TC pays around 4.5%. Both are highly levered, though. Pipelines and utilities can maintain revenues in a slowdown. For both, what are their long-term capital plans to maintain growth. They both have buoyant plans. He'd buy both.

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TC Energy (TRP-T)
December 3, 2019

and Enbridge He owns this and Enbridge, and likes both. They both pay good yields; TC pays around 4.5%. Both are highly levered, though. Pipelines and utilities can maintain revenues in a slowdown. For both, what are their long-term capital plans to maintain growth. They both have buoyant plans. He'd buy both.

BUY
BUY
December 3, 2019

TRP vs. Enbridge Both are great companies, but prefers TC for paying a higher dividend (that should continue to rise), and a more stable balance sheet. ENB has a lot of debt from acquisitions. ENB's dividend is higher, but less safe. TC is a core investment.

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TC Energy (TRP-T)
December 3, 2019

TRP vs. Enbridge Both are great companies, but prefers TC for paying a higher dividend (that should continue to rise), and a more stable balance sheet. ENB has a lot of debt from acquisitions. ENB's dividend is higher, but less safe. TC is a core investment.

PAST TOP PICK
PAST TOP PICK
November 29, 2019
(A Top Pick Nov 02/18, Up 39%) He recommended this when the markets were going down. Interest rates are falling, and high yield attracts money to utilities. There is steady growth and there will be a 10% dividend growth. Growth and income at the same time.
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TC Energy (TRP-T)
November 29, 2019
(A Top Pick Nov 02/18, Up 39%) He recommended this when the markets were going down. Interest rates are falling, and high yield attracts money to utilities. There is steady growth and there will be a 10% dividend growth. Growth and income at the same time.
BUY
BUY
November 19, 2019
8 to 10% dividend growth to 2021 and 5-7% thereafter. This is a regulated utility and has the ability to increase prices. You can buy it for a defensive portfolio.
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TC Energy (TRP-T)
November 19, 2019
8 to 10% dividend growth to 2021 and 5-7% thereafter. This is a regulated utility and has the ability to increase prices. You can buy it for a defensive portfolio.
Showing 1 to 15 of 1,064 entries

TC Energy(TRP-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 17

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, 17 stock analysts published opinions about TRP-T. 13 analysts recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 Robert Lauzon on 2020-03-11. 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?

17 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 2020-04-06, TC Energy (TRP-T) stock closed at a price of $63.49.