+ Watch TRP
on My Watchlist
A North American energy infrastructure company focused on pipelines and energy.
TWTR jokes aside of Pi, this equity should be a safe haven for dividend investors during the course of the next 50 years as Canada looks to drain the US out of natural gas or vice versa depending on the force of the pipeline.
With Republican control of the House and Senate, and a very good chance of gaining control of the White House, I believe there will be more interest and action in the "all of the above" energy arena.
Div. (Yield) $1.79 (3.5%)
The recent findings that the Keystone pipeline will not increase the amount of oil pumped out of the Alberta tar sands weakens environmentalist opposition to the construction of the potentially very lucrative infrastructure. While the pipeline has not been approved yet, Obama has alluded to being the ultimate approval source. With pressure from pro-Keystone XL Republican law makers, the President might use approval of the project as a political bargaining chip in everything from budget discussions to immigration reform.
One fine day our government will approve the new pipeline but even if they don't we will still buy the oil. I believe the politics are changing, we do so need the jobs. Next year will bring in a few more proponents into DC.
TRP has a positive trend in earnings per share over the past 5 quarters and while recent estimates for thecompany have been raised by analysts. TRP has posted better than expected results. The company seems fairly valued whencompared to it's peers. Share price has declined and would technically indicate poor performance in the short term, however I have the foolish feeling that this may just be a good sale price for the stock and expect it to head towards it's valuation price over the longer term.
This stock has trailed the S & P over the last 4 years and basically hasn't moved in the last year. The P/E ratio of 21 is actually the highest it's been in 10 years. PEG is 2. Okay, but not exciting. The long-term debt load is large. So why do I like it? The dividend yield is good plus revenue and EPS are heading in the right direction. At this point, I don't know if Keystone XL will get built. They are not helping themselves by making embarrassing easement offers to farmers whose land the pipeline would pass through. An announcement by the U.S. State Department will come next year. If it passes, this stock skyrockets. It it doesn't pass, the stock will take a major hit and really become a bargain. Basically, I'm betting that they will grow enough to deal with the debt problem , that natural gas prices will continue their slow rebound.
Steady price plus good Div.
If Kerry gives the pipeline approval, which seems more and more likely, it should go through the roof.
Even if the US flubs the Keystone Pipeline, China will make TRP very rich.
Well just look at their history they are under performing champs...-
The US needs access to oil that comes from a friendly, stable, and democratic source. TRP is in the perfect position to provide that access.
The President will have no choice but to approve the pipeline. After all, it is an election year.
*LOTS* of debt, but other numbers don't look bad. This could be a good stock if America needs to use Canadian oil, but other than that I don't know how valuable this stock will be. I'd say maybe 0.75%, but I don't know about this one.
The pres will have to approve this pipeline deal if he wants to attract moderates to vote for him. I think approving this pipeline deal is in Mr. president's best interest so I wouldn't be surprised if this stock soars if the pipeline is approved. Buy on rumor, sell on news
If they approval for the pipeline, the stock will skyrocket.
Keystone pipeline will likely go ahead. This will be huge.http://www.cbc.ca/news/politics/story/2011/09/22/pol-harper-keystone-us.html?cmp=rss
America needs oil, we would be dumb not to take it from Canada.Attractive yield.
Sells at 15 times estimated 2010 earnings. 4.2% dividend yield. KF
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