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TC Energy Corporation (TRP.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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59.63+0.05 (+0.08%)
At close: 4:00PM EDT
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  • L
    Lee
    Loving this stock!! 60$ is still undervalued! IMO this is a 70$ stock! and pays 6% are you kidding me?!
  • S
    Simon
    The shorts were all over this stock in early April. The largest shorted stock on TSX. Almost 46% shorted of total traded value. Anything over 20% signals attack.
  • R
    Ralph Wiggum
    The people going on about Keystone XL, it's important to remember they have 90,000 kilometres of pipelines, and the currently in-service Keystone oil pipeline is 4800km. Keystone XL, the cancelled oil pipeline was only a 1800km add-on. Keystone XL is inconsequential all things considered.
  • U
    Unity
    Can any of you gurus on here break down the future of this company? I'm interested in it's dividend and need to diversify with something in this sector.
  • C
    Chris
    From a pure forward P/E ratio perspective, both Pembina Pipeline and Enbridge are currently sitting at ~15x, while TC Energy is at 13x, which represents about 15% upside to the current stock price...this is lagging for no good reason IMO. In 60 days I would expect these companies to be closer grouped.
  • L
    Lee
    outperforming the market, love it!!!
  • L
    Lee
    holding 1000 shares @54.1 CAD since a few weeks. fixed income, low volatility, share appreciation potential. this is by far my best investment. this is a 70$ CAD stock.
  • k
    karun
    anybody receive dividend yet?
  • L
    Langer
    is there a split coming or is the option chain messed up because of the prior acquisition of TCP?
  • a
    andrew
    Last year was the first in 4 years that TRP didn't cover the dividend with cashflow from operations by 3 times . Sorry it was only 2x in 2020 . KMI and WMB cover in the high 1s . And the dividend goes up annually in excess of 5% .
  • B
    Bunny
    Check out the presentation of TRP track record. TRP was able to delivered 12% annual total shareholder return since 2000 . Increased 7.4 per cent in first quarter 2021. It expects future annual growth of 5 to 7 per cent with potential dividend increase. I see that any non-cash write-down has more than reflected in the current price. The improved earning should be coming and assets value should be boosted by at least 20% by the printed money on top of growth in Nuclear energey, storage, and gas pipeline project. Oil pipeline is only a very small percentage.
  • R
    Ralph Wiggum
    TransCanada was one of the most resilient companies of any sector in 2020. With energy prices on the upswing, and new pipeline construction in the United States on indefinite hiatus, means the value of all existing pipeline assets will increase. In turn, this means the rents pipeline companies can extract should also increase. Their revenue outlook is looking very good. If oil gets to the $70-75 mark, expect this to reach all-time highs.
  • B
    Brewster
    Added some here again. Great buy under $50 with solid dividend- and rating agencies upgrading debt to 'positive'. Cash flows will only improve from here!
  • R
    RMac
    TRP up $5.46 since the take over of all TCP stock. Was going to sell before but will hold for a while. Up almost $2k - worth a hard look
  • B
    Bunny
    As Brookfield will likely fail in buying Inter pipeline, will it change the target to buy out TC Energy as the pipeline assets are getting more and more valuable with trans mountain pipeline is cancelled? Pipeline companies can increase price with oil price has recovered.
  • T
    Terry
    I held TCP from Jan, 2009 and I miss it. However, after doing DD, TRP appears to be an outstanding company. I'm keeping my shares.
  • b
    blackoutbuzz
    Moodys on TCP debt.

    @@@Rating Action: Moody's affirms TC PipeLines Baa2 rating, changes outlook to positiveGlobal Credit Research - 08 Mar 2021Approximately $1.2 billion of debt securities affectedToronto, March 08, 2021 -- Moody's Investors Service, ("Moody's") affirmed the Baa2 senior unsecured rating of TC PipeLines, LP (TCP) and changed the outlook to positive from stable.Affirmations:..Issuer: TC PipeLines, LP....Senior Unsecured Regular Bond/Debenture, Affirmed Baa2Outlook Actions:..Issuer: TC PipeLines, LP....Outlook, Changed To Positive From StableRATINGS RATIONALE"TC PipeLine's positive outlook reflects our expectation that it will benefit from closer ties to its parent TC Energy following the acquisition of all of its outstanding units by its parent," said Vice President - Senior Credit Officer Gavin MacFarlane. "We believe that as TC Pipelines' debt matures, it will be refinanced at the parent level, leading to an improvement in TC Pipeline's key leverage metrics", added MacFarlane

    https://finance.yahoo.com/news/tc-pipelines-lp-moodys-affirms-220709954.html
    "We believe that as TC Pipelines' debt matures, it will be refinanced at the parent level, leading to an improvement in TC Pipeline's key leverage metrics", added MacFarlaneOn March 3, 2021, TC Energy Corporation (Baa2 stable) completed the acquisiti
    "We believe that as TC Pipelines' debt matures, it will be refinanced at the parent level, leading to an improvement in TC Pipeline's key leverage metrics", added MacFarlaneOn March 3, 2021, TC Energy Corporation (Baa2 stable) completed the acquisiti
    finance.yahoo.com
  • B
    Bunny
    TRP was oversold and start to come back.

    Veritas Investment's Darryl McCoubrey estimated TC Energy will record an impairment charge of at least C$1.00 per share back in Jan 2021 He noted that the company's natural gas and nuclear segments, ehich account for approximatelye 90% of its portfolio, stand to benefit enormously.

    "A loss in its oil business indirectly enhances opportunity in its other, much more important operations," he said in an interview. TC Energy could have a longer horizon for positive free cash flow after dividends even without the Keystone expansion.
  • D
    David
    What’s up with TC. Today? Up 3% on huge volume.