TransCanada Corp (USA) (NYSE:TRP)
A North American energy infrastructure company focused on pipelines and energy.
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Recs
Canadian Oil Sands are huge natural resources, all the infrastructure getting in place. Where is the refinery: Oklahoma. How's it gonna get there: Transcanada Pipeline. Go Leafs! Just a steady climb for the next few years.
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Owns a bunch of pipelines in North America -- we are going to need those going forward. Pays a nice dividend.
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I have owned this stock since 02 and it has
consistently increased its value plus the dividends it pays. If you are looking for a solid choice, TRP it is.
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Strong cash flow and earnings growth should continue with ever growing energy demand including its most important product, natural gas, that is transported in its extensive network. Dividends help also.
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Continuing to buy pipelines and storage capacity TRP, while taking on debt, has the long term in mind.
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energy needs to be distributed and pipelines are the most eficient method, long term growth plus relatively free from energy price flucuation.
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serves vital function in N. America.
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An oil pipeline company. The price of oil is going up, and more oil will need to be brought across greater distances. Good demand for the pipeline.
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Power utility in drag as a pipeline operator. Lots of opportunities ahead in both sectors for this one.
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Energy distribution and power generation play.
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Gas pipeline...see KMI....which unfortunately is being taken private or it would be this pick. Cash cow!! Nice dividend.
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Outstanding assets, very able management.
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Long-time, solid dividend payer. Transportation of natural gas/oil will continue especially with Canada being more aggressive in exploration.
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Very steady stock with a good yield
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Increased projects due to emphasis on energy projects in the Western Hemisphere
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