TRP · NYSE · STOCK
TC Energy Corporation
$63.65
52W $49.27 – $71.47
54/100
$66.25B
26.6
0.98
Is TRP Bullish or Bearish?
Mixed.
Innellis AI committee rates TC Energy Corporation (TRP) Watch with a composite score of 54/100
, based on 6 analysts with 50% agreement.
Last updated August 11, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +5.94 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -14.06 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Technical Analyst remains cautious — rsi at 27 is in oversold territory (could mean either capitulation or a bounce setup). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Dividend yield of 4.0% pays you to wait — Value
- VIX regime is low -- calm backdrop supports risk-taking — Macro
- Market regime is bullish (Bull market -- normal position sizing) — Macro
- News sentiment is positive (+0.42 across 12 articles, 14d) — News
Bear Case
- Debt-to-equity of 2.21 adds balance-sheet risk to the value case — Value
- EPS declining -17.5% YoY despite any revenue growth — Growth
- RSI at 27 is in oversold territory (could mean either capitulation or a bounce setup) — Technical
- MACD histogram negative -- bearish momentum — Technical
- High leverage (debt-to-equity 2.21) amplifies downside in a stress scenario — Risk
- Current ratio of 0.63 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 11, 2026
Overall Committee Score
54/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 82%
of 90 Energy peers
Value Analyst
neutral
50
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Dividend yield of 4.0% pays you to wait
− Debt-to-equity of 2.21 adds balance-sheet risk to the value case
Growth Analyst
neutral
42
/ 100 · Moderate confidence
Moderate growth -- present but not remarkable
− EPS declining -17.5% YoY despite any revenue growth
Technical Analyst
bearish
38
/ 100 · High confidence
Price action is deteriorating -- trend and/or momentum are working against this name
− RSI at 27 is in oversold territory (could mean either capitulation or a bounce setup)
Risk Analyst
neutral
45
/ 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
− High leverage (debt-to-equity 2.21) amplifies downside in a stress scenario
Macro Analyst
bullish
78
/ 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
bullish
71
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.42 across 12 articles, 14d)
Portfolio Manager
neutral
55
/ 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
Technical Analysis
RSI (14)
26.8
Oversold
MACD Histogram
-0.542
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$59.32
Resistance
$65.50
Bollinger %B
0.15
Inside Bands
Price vs Moving Averages
EMA 9
$64.77
Below
EMA 21
$66.28
Below
EMA 50
$66.96
Below
EMA 200
$62.34
Above
Fundamental Analysis
Valuation
75
Profitability
68
Financial Health
5
Cash Flow
70
Valuation
P/E Ratio
26.6×
P/B Ratio
3.33×
PEG Ratio
-1.45
Dividend Yield
3.90%
52W High
$71.47
52W Low
$49.27
Quality & Growth
ROE
1289.2%
ROA
296.3%
Gross Margin
5146.2%
Operating Margin
4608.9%
Revenue Growth YoY
—
Debt / Equity
2.30
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 26.6 (moderate relative to a 15-40x range); Price-to-book of 3.3x; PEG ratio of -1.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 12.9%; Return on assets of 3.0%; Net margin of 22.5%; Gross margin of 51.5%; Current ratio of 0.61 (tight short-term liquidity); Debt-to-equity of 2.30; Free cash flow per share is positive (3.91); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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