tc energy
TC Energy Corporation, formerly known as TransCanada Corporation, is a North American energy company headquartered in Calgary, Alberta. It operates across Canada, the United States, and Mexico, focusing on energy infrastructure with core business segments in Natural Gas Pipelines, Power Generation, and Energy Storage.
The company is a key player in energy delivery, moving over 30% of North America’s daily natural gas supply through its extensive pipeline network. Additionally, TC Energy has a diversified portfolio that includes natural gas pipelines, oil pipelines, power generation, and renewable energy projects.
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Investors in TC Energy stand to gain from rising demand for Canadian natural gas as buyers in Asia and Europe seek more dependable suppliers.
That new reality is driving the plan by LNG Canada—the liquefied natural gas export terminal in Kitimat, B.C.—to double its gas capacity. TC supplies the facility with gas through the Coastal GasLink pipeline and will expand the line’s capacity to meet the increased demand. It expects to complete the project by the end of 2030.
That new reality is driving the plan by LNG Canada—the liquefied natural gas export terminal in Kitimat, B.C.—to double its gas capacity. TC supplies the facility with gas through the Coastal GasLink pipeline and will expand the line’s capacity to meet the increased demand. It expects to complete the project by the end of 2030.
TC ENERGY INC., $82.39, is a buy. The company (Toronto symbol TRP; Shares o/s: 1.0 billion; Market cap: $85.8 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; tcenergy.com) has agreed to sell its Guadalajara-Manzanillo Pipeline, which pumps natural gas to power plants and industrial customers in the Mexican states of Colima and Jalisco.
TC ENERGY INC., $86.62, is a buy. The company (Toronto symbol TRP; Shares o/s: 1.0 billion; Market cap: $90.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.0%; tcenergy.com) recently started up its Valhalla North and Berland River projects in Alberta.
Valhalla North is a 33-kilometre pipeline that pumps natural gas from Grande Prairie, Alberta, to the company’s main NGTL pipeline system. Berland River is a 30-megawatt electric powered compressor station near Edson, Alberta.
Valhalla North is a 33-kilometre pipeline that pumps natural gas from Grande Prairie, Alberta, to the company’s main NGTL pipeline system. Berland River is a 30-megawatt electric powered compressor station near Edson, Alberta.
Loblaw and TC Energy are leading competitors in their respective markets; look for that to cut your ongoing risk. We see both as attractive buys.
TC ENERGY INC., $89.47, is a buy. The company (Toronto symbol TRP; Shares outstanding: 1.04 billion; Market cap: $93.0 billion; TSINetwork Rating: Above Average; Dividend yield: 3.9%; www.tcenergy.com) has targeted $28 billion worth of new projects and upgrades through 2030. That includes responding to growth in liquefied natural gas (LNG) exports and demand from expanding datacentres.
TC ENERGY INC., $89.47, is a buy. The company (Toronto symbol TRP; Shares outstanding: 1.04 billion; Market cap: $93.0 billion; TSINetwork Rating: Above Average; Dividend yield: 3.9%; www.tcenergy.com) has targeted $28 billion worth of new projects and upgrades through 2030. That includes responding to growth in liquefied natural gas (LNG) exports and demand from expanding datacentres.
TC ENERGY INC., $97.70, is a buy. The company (Toronto symbol TRP; Shares o/s: 1.0 billion; Market cap: $101.8 billion; TSINetwork Rating: Above Average; Dividend yield: 3.6%; tcenergy.com) now plans to expand its Columbia Gas System, which pumps natural gas across 10 states in the east, Midwest and southeast regions of the U.S.
This new project, called Appalachia Supply Project, will help the Columbia system meet rising demand for gas to power artificial intelligence datacentres.
This new project, called Appalachia Supply Project, will help the Columbia system meet rising demand for gas to power artificial intelligence datacentres.
TC Energy continues to expand its gas pipeline networks to meet rising demand for electricity by artificial intelligence datacentres and rising export demand for liquefied natural gas shipped from B.C. terminals. The improved earnings will also let TC continue to lift your dividend.
The October 2024 spinoff of TC Energy’s oil pipelines business South Bow continues to deliver strong returns for investors: since the split, where TC shareholders received 0.2 of a South Bow share for every share in TC, that former parent company has jumped nearly 60%; South Bow is up an even more impressive 80%.
Both should continue to benefit from their rate-regulated networks, which provide plenty of predictable cash flow for new projects and dividends. For your new buying, however, we feel TC is the better pick.
Both should continue to benefit from their rate-regulated networks, which provide plenty of predictable cash flow for new projects and dividends. For your new buying, however, we feel TC is the better pick.
FINNING INTERNATIONAL INC. $93 (www.finning.com) is a buy. The company sells and services Caterpillar-brand heavy equipment in Western Canada, South America, the U.K. and Ireland. Rising oil and copper prices continue to spur demand for Finning’s products and services. As a result, its earnings in 2026 will probably rise 14% to $4.68 a share and the stock trades at a reasonable 19.9 times that estimate. Finning also raised your quarterly dividend by 7.4% with the June 2026 payment; the new annual rate of $1.30 yields 1.4%. Finning is a buy.
Now focused on natural gas and electricity
TC Energy Corp. $95.85, symbol TRP on Toronto (Shares outstanding: 1.04 billion; Market cap: $99.9 billion; Utilities sector; TSINetwork Rating: Above Average; Dividend yield: 3.6%; www.tcenergy.com) was originally formed in 1951 as TransCanada PipeLines to pump natural gas from Alberta to eastern Canada.
Over the next few decades, the company expanded its operations in Canada and the U.S., including its 1998 acquisition of NOVA Corp.’s pipeline operations.
TC Energy Corp. $95.85, symbol TRP on Toronto (Shares outstanding: 1.04 billion; Market cap: $99.9 billion; Utilities sector; TSINetwork Rating: Above Average; Dividend yield: 3.6%; www.tcenergy.com) was originally formed in 1951 as TransCanada PipeLines to pump natural gas from Alberta to eastern Canada.
Over the next few decades, the company expanded its operations in Canada and the U.S., including its 1998 acquisition of NOVA Corp.’s pipeline operations.
A: TC Energy Inc., $88.30, symbol TRP on Toronto (Shares outstanding: 1.04 billion; Market cap: $91.9 billion; www.tcenergy.com; TSINetwork Rating: Above Average) generates steady cash flow for investors through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. It also owns gas pipelines in Mexico, and owns or invests in seven power plants in Canada and the U.S.
The company has raised its dividend each year between 2000 and 2023. However, in 2024, it cut the quarterly payment by 14.3% after the spinoff of its oil pipeline business as South Bow Corp. (Toronto symbol SOBO).
The company has raised its dividend each year between 2000 and 2023. However, in 2024, it cut the quarterly payment by 14.3% after the spinoff of its oil pipeline business as South Bow Corp. (Toronto symbol SOBO).