Video: TC Energy (TRP) Has 7.2% Yield With Strong Natural Gas Demand Tailwinds

June 7, 2024
  • 7.2% Dividend Yield.
  • We expect earnings growth of around 3-4% for the foreseeable future, making it an attractive dividend grower.
  • Primarily in natural gas pipelines, spinning off its liquids pipelines.
  • Natural gas pipelines are volume based shielding them from the volatility of natural gas prices thus lower business risk.
  • On a secular basis we expect strong growth in natural gas demand powered by increased electricity consumption propelled by data centers with artificial intelligence and electric vehicles.
  • Green energy sources like solar and wind still need backup natural gas generation to generate power when weather is not permitting or there is a surge in grid demand.