TC Energy Corp T.TRP.PR.B

Primary Symbol: T.TRP Alternate Symbol(s): TRPEF | T.TRP.PR.A | TRPPF | TNCAF | TCENF | T.TRP.PR.C | TRPRF | TCEYF | T.TRP.PR.D | T.TRP.PR.E | T.TRP.PR.F | TCANF | TCNCF | T.TRP.PR.G | T.TRP.PR.H | TRP | T.TRP.PR.I

Energy Oil & Gas Midstream

TC Energy Corporation is a Canada-based energy problem solver working to move, generate and store the energy in North America. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines, Liquids Pipelines and Power and Energy Solutions. The Company's business includes Energy Solutions, Natural Gas, Oil and Liquids and Power and Storage. The Natural Gas business includes its 93,300 kilometers (km) (57,900 miles) network of natural gas pipelines, which supplies more than 25 % of the clean-burning natural gas consumed daily across North America to heat homes, fuel industries and generate power. The Oil and Liquids business has its oil & liquids pipeline infrastructure, approximately 4,900 km, which connects Alberta crude oil supplies to United States refining markets in Illinois, Oklahoma, Texas and the United States Gulf Coast. Its portfolio of energy infrastructure assets includes investments in seven power generation facilities.

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TC Energy Corp > TRP - #1 Top Pick - BNN Market Call - Ryan Bushell

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Comment by Possibleidiot01on Jul 18, 2023 9:19pm

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Post# 35547153

RE:TRP - #1 Top Pick - BNN Market Call - Ryan Bushell

TC Energy (TRP TSX)

TC energy yields over seven per cent at current levels and remains the premier natural gas infrastructure provider in North America. With Coastal Gas Link largely behind them and asset sales upcoming the story should quiet down and deliver solid and steady growth. With a 7.2 per cent dividend you are on pace to double your money in 10 years with no share price or dividend growth. This is playing from the “forward tee” in golf terminology and that’s before we look at the backdrop for North American LNG exports to double in the next 10 years and all the infrastructure needed to support that growth.

stockchase.com

TOP PICK

The premier natural gas infrastructure company in North America. It pays over a 7% dividend. The Coastal Gaslink overhand is behind us. It's fine that they sell some assets to fund growth. Exporting nat gas beyond North America will double in volume in the coming decade and TRP is incredibly set up to facilitate this. Even at a modest 2% dividend growth rate and share growth, that's still 9-10% compounded annual returns.

(Analysts’ price target is $60.26)

oil / gas pipelines

$50.540