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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 | T.TRP.PR.E | TRPRF | T.TRP.PR.F | TNCAF | T.TRP.PR.G | TCNCF | T.TRP.PR.H | TCENF | T.TRP.PR.I | TRP | T.TRP.PR.L

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 zalmonellaon Mar 20, 2024 12:05pm
400 Views
Post# 35942957

RE:Teal Linde - BNN - TOP PICK

RE:Teal Linde - BNN - TOP PICKNothing "over-cautions" about it.  TRP has twice as much debt as equity, and for a time there a year ago, had nearly three times as much.  They've been shedding assets in sales and reducing debt as they go while they complete other business like CGX, but it hasn't helped that oil demand hasn't been strong either.  Everything is going in the right direction and I remain long while being paid around 7% for my patience, but I freely admit I jumped in too early and averaged down to make my bones.  So Linde is still talking through his hat when he adds capital appreciation to total returns.  There hasn't been any for five years or more.
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