TC Energy

TRP-T

TSE:TRP

57.60
0.00 (0.00%)
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
BUY
BUY
November 27, 2020

vs. Tourmaline Oil Like ENB, it faces the same regulatory approval headwinds; will Biden approve Keystone XL? TC still has many pipelines operating and pays a safe dividend. You can't compare this to Tourmaline, like apples vs. oranges.

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TC Energy (TRP-T)
November 27, 2020

vs. Tourmaline Oil Like ENB, it faces the same regulatory approval headwinds; will Biden approve Keystone XL? TC still has many pipelines operating and pays a safe dividend. You can't compare this to Tourmaline, like apples vs. oranges.

BUY
BUY
November 16, 2020
It sells off whenever interest rates increase. It is attractive to own. A biden government should help with demand for Canadian oil.
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TC Energy (TRP-T)
November 16, 2020
It sells off whenever interest rates increase. It is attractive to own. A biden government should help with demand for Canadian oil.
BUY
BUY
November 12, 2020
Good candidate as an income stock. Defensible cashflow, long-term contracts, investment-grade clients. In same negative bucket as the producers. Would have no problem owning. Even if Keystone doesn't come through, shouldn't impact them much.
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TC Energy (TRP-T)
November 12, 2020
Good candidate as an income stock. Defensible cashflow, long-term contracts, investment-grade clients. In same negative bucket as the producers. Would have no problem owning. Even if Keystone doesn't come through, shouldn't impact them much.
TOP PICK
TOP PICK
November 4, 2020
Best positioned nat gas company in NA, as between 2/3 and 3/4 of their business has a natural gas focus. Conservative balance sheet. Great dividend growth track record. Shares are way too cheap. Yield is 6.06%. (Analysts’ price target is $70.30)
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TC Energy (TRP-T)
November 4, 2020
Best positioned nat gas company in NA, as between 2/3 and 3/4 of their business has a natural gas focus. Conservative balance sheet. Great dividend growth track record. Shares are way too cheap. Yield is 6.06%. (Analysts’ price target is $70.30)
COMMENT
COMMENT
October 27, 2020

One of Canada's largest midstream. He likes. It has suffered in recent months. Expectations of a Biden win have pressured these stocks. Sentiment is everything in energy, and a Blue Wave on Nov. 3 will hurt. He prefers Enbridge, because a Biden win would benefit ENB. ENG also yield 2% more than TC.

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TC Energy (TRP-T)
October 27, 2020

One of Canada's largest midstream. He likes. It has suffered in recent months. Expectations of a Biden win have pressured these stocks. Sentiment is everything in energy, and a Blue Wave on Nov. 3 will hurt. He prefers Enbridge, because a Biden win would benefit ENB. ENG also yield 2% more than TC.

COMMENT
COMMENT
September 4, 2020
There is always headline risk for pipelines. If the Keystone XL pipeline is cancelled, the stock may take a hit. However, the company is looking at growing dividends by 5-6% annually.
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TC Energy (TRP-T)
September 4, 2020
There is always headline risk for pipelines. If the Keystone XL pipeline is cancelled, the stock may take a hit. However, the company is looking at growing dividends by 5-6% annually.
COMMENT
COMMENT
July 17, 2020
He doesn't know which pipeline would be better than the other one. However, he prefers to play energy with pipelines in general. He has been focusing on the US since there, they are more supportive of the sector. The Canadian government is less supportive of pipelines. It's not a growth area for him.
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TC Energy (TRP-T)
July 17, 2020
He doesn't know which pipeline would be better than the other one. However, he prefers to play energy with pipelines in general. He has been focusing on the US since there, they are more supportive of the sector. The Canadian government is less supportive of pipelines. It's not a growth area for him.
COMMENT
COMMENT
July 8, 2020

Sell Banks for Pipelines? He likes this strategy. Balance the weight between both he suggests. Pipelines are economically sensitive these days, due to their weightings in the energy ETFs. ENB, TRP and PPL have been particularly sensitive. He thinks the valuations warrant investment here.

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TC Energy (TRP-T)
July 8, 2020

Sell Banks for Pipelines? He likes this strategy. Balance the weight between both he suggests. Pipelines are economically sensitive these days, due to their weightings in the energy ETFs. ENB, TRP and PPL have been particularly sensitive. He thinks the valuations warrant investment here.

SPECULATIVE BUY
SPECULATIVE BUY
July 3, 2020
Keystone XL seems like an never ending project and he thinks it is a coin toss. Presidential candidate Biden is on record saying he will kill it. The TRP shares price are not reflecting any value from the pipeline project, he thinks. He is under weight energy at this point, however, he considers this an excellent name.
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TC Energy (TRP-T)
July 3, 2020
Keystone XL seems like an never ending project and he thinks it is a coin toss. Presidential candidate Biden is on record saying he will kill it. The TRP shares price are not reflecting any value from the pipeline project, he thinks. He is under weight energy at this point, however, he considers this an excellent name.
TOP PICK
TOP PICK
June 5, 2020
The premium company in the space. There is a lot of tempered excitement about Keystone XL. That project represents upside and not a lot of downside. Their natural gas pipeline grid encompasses much of North America. He likes it in the low $60s price range. Yield 5.07% (Analysts’ price target is $72.70)
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TC Energy (TRP-T)
June 5, 2020
The premium company in the space. There is a lot of tempered excitement about Keystone XL. That project represents upside and not a lot of downside. Their natural gas pipeline grid encompasses much of North America. He likes it in the low $60s price range. Yield 5.07% (Analysts’ price target is $72.70)
COMMENT
COMMENT
June 3, 2020

ENB vs TRP? He believes having one of these holdings is key to your portfolio. It is getting harder to put pipe in the ground, so existing assets are valuable. He owns ENB, due to the amount of oil they move and the pricing power they have with tolls.

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TC Energy (TRP-T)
June 3, 2020

ENB vs TRP? He believes having one of these holdings is key to your portfolio. It is getting harder to put pipe in the ground, so existing assets are valuable. He owns ENB, due to the amount of oil they move and the pricing power they have with tolls.

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.

Showing 1 to 15 of 1,075 entries

TC Energy(TRP-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 12

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 13

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, 13 stock analysts published opinions about TRP-T. 12 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is 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 Norman Levine on 2020-11-27. 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?

13 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 2020-12-01, TC Energy (TRP-T) stock closed at a price of $57.6.