TransCanada Corporation

TransCanada Corporation

TransCanada develops and operates energy infrastructure in North America and around the world.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts recommend holding TransCanada's stock with a target price of $44.39, indicating little change.

Above Average

Financial Health

TransCanada Corporation is performing well with strong revenue and cash flow, indicating healthy operations.

Above Average

Dividend

TransCanada Corporation's dividend yield of 5.52% offers a solid return for dividend-seeking investors. If you invested $1000 you would be paid $52.00 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring TRP

Downstream Winners From Falling Oil Prices in 2025

Downstream Winners From Falling Oil Prices in 2025

Recent data shows oil prices are dropping due to oversupply and concerns about U.S. demand. This theme identifies companies in sectors like transportation and manufacturing that stand to benefit from lower energy costs.

Published: September 12, 2025

Explore Basket
North American Trade Normalization

North American Trade Normalization

Canada has lifted retaliatory tariffs on a wide range of U.S. products, a significant step toward normalizing trade relations. This creates a favorable investment landscape for American companies in sectors like apparel and consumer goods that export to Canada.

Published: August 24, 2025

Explore Basket
Indigenous Equity In Canadian Energy

Indigenous Equity In Canadian Energy

Cenovus Energy is pursuing a joint acquisition of MEG Energy in partnership with a coalition of Canadian Indigenous groups. This potential deal signals a new era of Indigenous co-ownership in the energy sector, creating opportunities for companies that support these evolving large-scale projects.

Published: August 13, 2025

Explore Basket
Canada's New Energy Alliance

Canada's New Energy Alliance

Cenovus Energy is partnering with Canadian Indigenous groups to acquire a stake in MEG Energy, signaling a new collaborative approach to resource development. This could create opportunities for companies integral to the Canadian oil sands infrastructure and operations.

Published: August 13, 2025

Explore Basket
Fueling Profits: Beneficiaries Of OPEC+ Production Policy

Fueling Profits: Beneficiaries Of OPEC+ Production Policy

OPEC+ is expected to maintain its policy of gradually increasing oil production, aiming to stabilize global energy markets. This could lead to moderated fuel costs, creating a potential advantage for companies in sectors like transportation and manufacturing where fuel is a major expense.

Published: July 25, 2025

Explore Basket
Riding The OPEC+ Wave: Midstream Energy Plays

Riding The OPEC+ Wave: Midstream Energy Plays

OPEC+ is moving forward with its plan to increase oil production to meet summer demand. This creates an opportunity for companies that transport, store, and process the additional crude oil and natural gas.

Published: July 25, 2025

Explore Basket
OPEC+ Opens The Taps: Midstream's Moment

OPEC+ Opens The Taps: Midstream's Moment

OPEC+ has decided to maintain its policy of gradually increasing oil production to meet rising global demand. This creates an investment opportunity in companies that provide the essential midstream services, such as transportation and storage, which will see increased business from the higher oil supply.

Published: July 25, 2025

Explore Basket
Caucasus Peace Dividend

Caucasus Peace Dividend

This carefully selected group of stocks captures the economic opportunity created by the historic peace deal between Azerbaijan and Armenia. Handpicked by professional analysts, these companies are positioned to benefit from the new wave of trade, energy development, and infrastructure projects in a region moving from conflict to cooperation.

Published: July 14, 2025

Explore Basket
Toll Road Businesses

Toll Road Businesses

These gatekeepers of modern commerce own indispensable infrastructure and collect fees on the flow of goods, energy, and data. Our analysts have selected companies with durable, recurring revenues from hard-to-replicate physical and digital networks.

Published: June 17, 2025

Explore Basket

Why Youโ€™ll Want to Watch This Stock

๐Ÿ“ˆ

Stable cash flows

Long-term contracts and regulated tariffs can create predictable revenues, though returns may vary with demand and policy changes.

๐ŸŒ

Energy transition role

Infrastructure can support new low-carbon fuels and power; regulatory shifts may both hinder and enable future growth.

โšก

Growth projects pipeline

Capital projects can offer expansion opportunities, but they carry execution, permitting and financing risks investors should weigh.

Why invest with Nemo?

Nemo Logo Fade
๐Ÿ†“

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

๐Ÿ”’

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

๐Ÿ’ฐ

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

ENB

Enbridge Inc.

Enbridge Inc. is a leading energy transportation and midstream company.

WMB

Williams Companies, Inc.

The Williams Companies is an energy infrastructure company.

EPD

Enterprise Products Partners L.P.

Engages in midstream energy business

Frequently asked questions