TRP Stock Recent News

Transitioning to retirement income requires careful portfolio calibration to avoid investment mistakes, as there are no or limited alternative income sources to compensate for errors. Key risks to avoid are income cuts and outliving the asset base, which can lead to reduced consumption standards or increased longevity risk. Mitigating these risks is crucial, but achieving the necessary income or portfolio size efficiently is equally important.

Infrastructure portfolio remained flat in Q4 but achieved its strongest calendar year in three years, outperforming its benchmark. Rising interest rates impacted REITs and utilities, while natural gas pipelines benefited from data center and AI trends. Over 80% of portfolio holdings increased dividends annually over the past 5 years, surpassing the large-cap dividend-paying universe.

Despite significant market events, industrial and tech stocks have had similar returns since 2020, indicating a potential long-term rotation favoring value stocks. Higher inflation and interest rates are shifting the risk/reward balance towards value stocks, making them more attractive compared to growth stocks. The AI revolution and liquidity improvements temporarily boosted growth stocks, but these tailwinds may not sustain long-term outperformance.

My dividend growth portfolio yields less than 2.0% due to my age and focus on growth over income, as I'm in the wealth-building phase. I believe value stocks will outperform growth stocks due to attractive valuations and macroeconomic factors like prolonged inflation and higher interest rates. This article explores stocks I would buy for income if I were to retire now.

TRP anticipates its 2025 comparable EBITDA to be in the range of C$10.7-C$10.9 billion, with net Capex between C$5.5 billion and C$6 billion.

Inflation erodes purchasing power, making it crucial to invest in equities, which historically outperform cash over the long term despite volatility. My thesis is that inflation will stay "higher for longer" due to factors like energy costs, labor market tightness, and deglobalization. To combat inflation, I recommend investing in sectors with strong pricing power like energy and real estate, which have historically outperformed during inflationary periods.

Investors looking for stocks in the Alternative Energy - Other sector might want to consider either Clearway Energy (CWENA) or TC Energy (TRP). But which of these two stocks offers value investors a better bang for their buck right now?

TC Energy Corporation (NYSE:TRP ) Q4 2024 Earnings Conference Call February 14, 2025 8:30 AM ET Company Participants Gavin Wylie - Vice President, Investor Relations Francois Poirier - President and Chief Executive Officer Sean O'Donnell - Executive Vice President and Chief Financial Officer Stanley Chapman - Executive Vice President Tina Faraca - Executive Vice President and Chief Operating Officer, Natural Gas Pipelines Conference Call Participants Praneeth Satish - Wells Fargo Securities Theresa Chen - Barclays Maurice Choy - RBC Capital Markets Jeremy Tonet - JPMorgan Manav Gupta - UBS John Mackay - Goldman Sachs Ben Pham - BMO Capital Markets Jessica Hoyle - Scotiabank Operator Thank you for standing by. This is the conference operator.

TC Energy (TRP) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.99 per share a year ago.

CALGARY, Alberta, Feb. 14, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has today filed with Canadian securities authorities: