TC Energy Corp
TRP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >>n | LOCK|>$l& | LOCK|?&$W#Z? |
TC Energy Continues to Focus Investment on US and Canadian Segments
Business Strategy and Outlook
Now that TC Energy has spun out its crude oil assets, it is almost fully a natural gas transmission firm. With strong growth in natural gas demand, both incremental and from power plant conversions, the outlook looks robust. This growth, combined with TC’s wide footprint, will result in many new opportunities for investment.
