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TC Energy Corp T.TRP

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

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.


TSX:TRP - Post by User

Comment by Canoutchieon Jan 06, 2023 12:57pm
251 Views
Post# 35207243

RE:RE:TRP Upgrade

RE:RE:TRP Upgrade
DeanEdmonton wrote: Cerman - I agree with you. I wasn't going to buy anymore becasue I already have more than a full position, but at yesterdays prices I just had to. It was trading at Feb- Mar 2020 lows like we are back in the Pandemic crash.
cherman wrote:
Raymond James upgraded TC Energy from Mkt Perform to Outperform with price target C$64
I believe it's way oversold. Attractive and safe dividend of 7%.



I'd have to second those comments. 
$TRP trading at a price below that of Enbridge is not something that I expected, nor do I think it is warranted, so I'm not surprised to see some analyst upgrades after this recent sell-off over the past few months. Looking at a longer term chart, $TRP definitely appeared to be overdone in terms of all the selling. 

GLTA 
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