TC Energy Corp T.TRP.PR.E

TRP fundamentals are deteriorating bad

[zforzebra]

Payout ratio is exceeds 100%; Debt to equity is 173 (that's why they have to raise money in equity market instead of more debt).  Interest rates going higher isnt going to help.

They are building expensive pipeline in Mexico which is a less safe juridication than US or Canada.

They have a good business but this is getting dicey.

[DeanEdmonton]

You need to learn how to read an Income and Cashflow Statement, not to mention a balance sheet.

[zforzebra]

Okay, I do need to learn.  From face value, those values do look bad.  What do you see that's good?