Bullboard - Stock Discussion Forum TC Energy Corp T.TRP

Alternate Symbol(s): T.TRP.PR.A | TCEYF | TRPEF | T.TRP.PR.B | TCANF | T.TRP.PR.C | TRPPF | T.TRP.PR.D | TRPRF | T.TRP.PR.E | TNCAF | T.TRP.PR.F | TCNCF | T.TRP.PR.G | TCENF | T.TRP.PR.H | 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. The Company's segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines, and Power and Energy Solutions. The Company's business includes Energy Solutions, Natural Gas, and Power and Storage. The Natural Gas business... see more

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TSX:TRP - Post Discussion

TC Energy Corp > This is a dumb idea

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Post by soundandfury on Jul 28, 2023 7:11pm

This is a dumb idea

All this is gonna do is cost them hundreds of millions in additional executive salaries..........this is the exact opposit of an accreative aquisition.......more overhead costs with no real benefits to the bottom line of the company......combine some bad luck with dumb decisions and you get trp at 10 year low stock price........would not consider buying this company anytime soon

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Comment by autofocus111 on Jul 29, 2023 10:38am

Management indicated (forgot where I read the commentary) something to the effect that they don't have enough human resources to most efficiently manage all the projects on the books and this spinoff will help address that. But then I would ask... why not simply increase the resources within the company? I think this is a stealth move to dump 'extra' debt ono the oil ...more

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TC Energy Corp