
TC Energy (TRP) Stock Forecast & Price Target
TC Energy (TRP) Analyst Ratings
Bulls say
TC Energy's stock outlook is strengthened by the recent sanctioning of the US$0.9 billion Northwoods project, which is anticipated to yield robust EBITDA returns in the range of 5-7 times. The company is also prioritizing balance sheet improvement while gearing up for future growth, signaling a commitment to financial stability and expansion through investments in reliable projects. Additionally, the interconnected nature of its North American operations enhances overall operational efficiency and profitability.
Bears say
TC Energy's recent financial performance indicated that its Gas Pipelines segment delivered an EBITDA of $1,367 million, closely aligned with estimates, yet it reflects challenges with varying performance across its operations, particularly with Columbia underperforming. The overall EBITDA of $2,709 million also met expectations but was slightly below consensus, suggesting potential pressure on profitability. Furthermore, management's guidance indicates an anticipated decline in comparable EPS from continuing operations for 2025 compared to 2024, raising concerns about future financial health and growth prospects.
This aggregate rating is based on analysts' research of TC Energy and is not a guaranteed prediction by Public.com or investment advice.
TC Energy (TRP) Analyst Forecast & Price Prediction
Start investing in TC Energy (TRP)
Order type
Buy in
Order amount
Est. shares
0 shares