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TC Energy Corp T.TRP

Alternate Symbol(s):  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 | TRP | T.TRP.P.I | TCNCF

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 Feb 01, 2023 11:30am
281 Views
Post# 35259590

RE:This project

RE:This project
ol_griz wrote: is a disaster.  Anything that could go wrong plus regulation ...

This project is also almost finished and will be a tremendous cash cow once complete... even moreso since I doubt any others will have the stomach to even propose another pipeline, let alone get one to completion. 

I get that some investors are frustrated, but I'm a buyer of this dip. Filled at $53.59 with a top up to my existing holdings, after selling some AQN to make the switch. 

I'm a seller in the mid $60's, but while others lose patience, I'm perfectly content to let the dividend pay me while I wait. We saw the same thing with Enbridge as it tried to complete the Line 3 replacement. This is to be expected, and I believe smart money will have priced in such a contingency. 

GLTA 
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