TC Energy

TRP-T

TSE:TRP

61.52
0.61 (1.00%)
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
March 1, 2019
TransCanda Pipelines vs Enbridge If you ran a 10 year chart on both of these, you can't tell the difference between them. Everything is pretty equal between these 2 names. Could play a trading game swapping between them both dependant on yield. They will continue to raise their dividends. These are great monopolies across North America. He would own both.
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TC Energy (TRP-T)
March 1, 2019
TransCanda Pipelines vs Enbridge If you ran a 10 year chart on both of these, you can't tell the difference between them. Everything is pretty equal between these 2 names. Could play a trading game swapping between them both dependant on yield. They will continue to raise their dividends. These are great monopolies across North America. He would own both.
DON'T BUY
DON'T BUY
February 27, 2019
They do share buybacks, but TRP is a step behind its peer, Enbridge which has a stronger capital structure (i.e. discontinued its DRIP). With their growth projects, they're not out of the woods just yet. Buy Enbridge instead. Also, it's so difficult to build a pipeline in Canada.
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TC Energy (TRP-T)
February 27, 2019
They do share buybacks, but TRP is a step behind its peer, Enbridge which has a stronger capital structure (i.e. discontinued its DRIP). With their growth projects, they're not out of the woods just yet. Buy Enbridge instead. Also, it's so difficult to build a pipeline in Canada.
PAST TOP PICK
PAST TOP PICK
February 15, 2019
(A Top Pick Jan 11/18, Down 0.1%) Increased dividend by 8 or 9%. Keystone is the wildcard, and explains why stock hasn't moved. Price will start to move if it gets approved. For utilities, it's all about rate-based growth and they can start to increase profitability. Yield is 5.2% with close to 10% increases.
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TC Energy (TRP-T)
February 15, 2019
(A Top Pick Jan 11/18, Down 0.1%) Increased dividend by 8 or 9%. Keystone is the wildcard, and explains why stock hasn't moved. Price will start to move if it gets approved. For utilities, it's all about rate-based growth and they can start to increase profitability. Yield is 5.2% with close to 10% increases.
HOLD
HOLD
February 13, 2019
She prefers to own ENB-T, but thinks this stock will do well. The dividend is safe. But it is getting more difficult to build pipelines. There is no compelling reason to shift over just yet.
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TC Energy (TRP-T)
February 13, 2019
She prefers to own ENB-T, but thinks this stock will do well. The dividend is safe. But it is getting more difficult to build pipelines. There is no compelling reason to shift over just yet.
WEAK BUY
WEAK BUY
February 7, 2019
The energy space was tough last year. This has been rising since September, relative to the energy space. It has performed well through the recovery. Nice dividend, growing at about 6% annually. If you took at three year period in the market it will under-perform but be more stable.
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TC Energy (TRP-T)
February 7, 2019
The energy space was tough last year. This has been rising since September, relative to the energy space. It has performed well through the recovery. Nice dividend, growing at about 6% annually. If you took at three year period in the market it will under-perform but be more stable.
BUY
BUY
January 25, 2019
ENB vs. Transcanada Apart from one hiccup (it cut its dividend once in the 90s), Transcanada has performed very well. It's a low-risk business with 95% of its revenues regulated or on long-term contracts. They plan to spend $28 billion on new growth projects and fund it with existing cash flow. They can also grow their dividend 8-10% annually for the next three years. As growth projects come to play, maybe their earning will ramp up again.
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TC Energy (TRP-T)
January 25, 2019
ENB vs. Transcanada Apart from one hiccup (it cut its dividend once in the 90s), Transcanada has performed very well. It's a low-risk business with 95% of its revenues regulated or on long-term contracts. They plan to spend $28 billion on new growth projects and fund it with existing cash flow. They can also grow their dividend 8-10% annually for the next three years. As growth projects come to play, maybe their earning will ramp up again.
TOP PICK
TOP PICK
January 15, 2019
One of largest pipeline companies in North America. Both US and Canadian assets. Even without Keystone, it will do well, and the dividend should go up. Good place to be in a tumultuous market. Yield is 5.1%. (Analysts’ price target is $62.93)
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TC Energy (TRP-T)
January 15, 2019
One of largest pipeline companies in North America. Both US and Canadian assets. Even without Keystone, it will do well, and the dividend should go up. Good place to be in a tumultuous market. Yield is 5.1%. (Analysts’ price target is $62.93)
DON'T BUY
DON'T BUY
January 9, 2019
TRP vs. IPL. He'd go with IPL. The yield is higher. TRP probably has the prospect of a couple of dividend hikes in the next year or two. Whereas hikes at IPL will probably be on hold because of capital expenditures. Quality of IPL assets is unassailable, and the new plant will be meaningfully accretive to their operating earnings when it comes online in 2021. Rebranding is to appeal to its global shareholder base.
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TC Energy (TRP-T)
January 9, 2019
TRP vs. IPL. He'd go with IPL. The yield is higher. TRP probably has the prospect of a couple of dividend hikes in the next year or two. Whereas hikes at IPL will probably be on hold because of capital expenditures. Quality of IPL assets is unassailable, and the new plant will be meaningfully accretive to their operating earnings when it comes online in 2021. Rebranding is to appeal to its global shareholder base.
BUY
BUY
December 28, 2018
TRP-T vs. KEY-T. One of the most important data points is beta. He would choose TRP, because it's less correlated to the market. Has more protection on downside risk. Plus, it has higher overall performance. A couple of weeks ago, it was bottoming and relative strength was holding in really well. (Analysts’ price target is $63.55)
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TC Energy (TRP-T)
December 28, 2018
TRP-T vs. KEY-T. One of the most important data points is beta. He would choose TRP, because it's less correlated to the market. Has more protection on downside risk. Plus, it has higher overall performance. A couple of weeks ago, it was bottoming and relative strength was holding in really well. (Analysts’ price target is $63.55)
HOLD
HOLD
December 21, 2018
Went sideways, broke down, struggling to keep in some sort of a zone. One of the better, safer charts. He'd hold it if you have it.
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TC Energy (TRP-T)
December 21, 2018
Went sideways, broke down, struggling to keep in some sort of a zone. One of the better, safer charts. He'd hold it if you have it.
TOP PICK
TOP PICK
December 18, 2018

Long owned this. 5% dividend that consistently grows. They're big in the U.S. that's growing. They have the L&G coastal gas link and Keystone which both have partners. (Analysts’ price target is $63.51)

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TC Energy (TRP-T)
December 18, 2018

Long owned this. 5% dividend that consistently grows. They're big in the U.S. that's growing. They have the L&G coastal gas link and Keystone which both have partners. (Analysts’ price target is $63.51)

COMMENT
COMMENT
November 29, 2018
It's a yield play. It's difficult to see a scenario for meaningful growth without the approval of future pipelines. Prefers the utilities because unlike the pipelines he does see some share price appreciation potential as well. Great yield at about 5.1% but growth is a challenge.
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TC Energy (TRP-T)
November 29, 2018
It's a yield play. It's difficult to see a scenario for meaningful growth without the approval of future pipelines. Prefers the utilities because unlike the pipelines he does see some share price appreciation potential as well. Great yield at about 5.1% but growth is a challenge.
TOP PICK
TOP PICK
November 21, 2018
Funding remains a problem: will they have to dilute shares? Also, it's a yield proxy, so what happens as interest rates rise? Pays a nice, safe dividend. Cheap at 13.3x times with a good balance sheet. They'll grow their earnings. It's shelter from the current storm. (Analysts’ price target is $63.91)
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TC Energy (TRP-T)
November 21, 2018
Funding remains a problem: will they have to dilute shares? Also, it's a yield proxy, so what happens as interest rates rise? Pays a nice, safe dividend. Cheap at 13.3x times with a good balance sheet. They'll grow their earnings. It's shelter from the current storm. (Analysts’ price target is $63.91)
BUY
BUY
November 9, 2018
This is a mature yield at 5.4%. He is comfortable owning it at this point. Cash flow has improved and is quite stable. This is an opportunity to buy it quite cheap.
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TC Energy (TRP-T)
November 9, 2018
This is a mature yield at 5.4%. He is comfortable owning it at this point. Cash flow has improved and is quite stable. This is an opportunity to buy it quite cheap.
COMMENT
COMMENT
November 6, 2018
Look at Pembina first, which has growth and a good balance sheet, if you're buying a new position in pipelines (he's not in this space).
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TC Energy (TRP-T)
November 6, 2018
Look at Pembina first, which has growth and a good balance sheet, if you're buying a new position in pipelines (he's not in this space).
Showing 31 to 45 of 1,065 entries