TC Energy Corp T.TRP

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

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 Upgrade

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Comment by Red_Deeron Jan 08, 2023 3:09pm

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Post# 35209861

RE:RE:RE:RE:RE:RE:TRP Upgrade

Hey SARGE__Since the Last 2 LOWS were 58.00 in December, 2021__and 54.60 this past October 16th__Your Price Target should be a NO BRAINER eh !!!!

SargeX wrote: Hey Red

Predicting stock prices can be a chump's game but I'll play along anyway and say that I think TRP will be >= $64 by end of 2023. (a nice +18%).

Time will tell but regardless, it's a great long term hold for us.

As an aside, I just put together a spreadhseet this morning for what we plan on buying with our extra dividend cash for the next 6 years (until my wife converts her RRSP to a RRIF. As another aside, I've already converted mine for easier pension income splitting).

Absolutely a great time to be a dividend income/growth investor.

Ciao
Sarge

Red_Deer wrote: Hey SARGE__Can you put Some Colour on What ""HUGE WINNER"" Translates into visa vie Share Price/Dividend Increase eh??__What are YOUR Expectations in this regard?

TransCanada Pipe along with Telus have been my Oldest BUY and HOLDS from 2 decades ago
and I Am SURE that TRP Will Remain one of the Best BUY and HOLDer for TRUE Investors such
as yourself

SargeX wrote: And I'll 3rd those comments. My wife & I added 340 shares at $58.94 in late Nov/early Dec and now have a full position so not buying any more.

I'm actually pleased as punch to have gotten the shares at that price so getting them at $54 or lower like Dean did is even more incredible. (way to go Dean!!)

TRP is gong to be a huge winner this year especially once Coastal GasLink is up & running.

Ciao
Sarge

Canoutchie wrote:
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