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Added to YB: 2023-07-30

Pitch date: 2023-07-30

TRP [bullish]

TC Energy Corporation

+143.97%

current return

Author Info

No bio for this author

Company Info

TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico.

Market Cap

CAD 92.8B

Pitch Price

CAD 35.31

Price Target

N/A

Dividend

3.94%

EV/EBITDA

14.51

P/E

25.36

EV/Sales

10.59

Sector

Oil, Gas and Consumable Fuels

Category

special_situation

Show full summary:
Adding TC Energy To The Aggressive Portfoli

TRP (new position): Canadian midstream/power co at 7-year lows, fell $60→$34 over past year, dumped on asset sale, earnings & plan to split into two. Author sees capitulation selling as buying opportunity; believes split is positive, aggregate dividend maintained post-split, strong income + upside.

Read full article (1 min)