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TransCanada Corp. posts

TransCanada: Natural Gas Play That's Ready for the Recovery

Posted Nov 2nd 2010 3:10PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

Natural gas/energy storage and transmission play TransCanada Corp.'s (TRP) shares, first discussed on May 11, 2009 at a price of $26.56, have not progressed as much as forecast in the past year, but I still like the business model at this stage. Here's why:

TransCanada's natural gas operations hold considerable promise: it's a natural gas transmission and storage company that also owns oil assets and electric power generation assets (including 19 wholly-owned power plants).

Also, Phase 1 of TRP's $12 billion Keystone Pipeline System (Alberta, Canada to Midwest U.S.), with the capacity to transport 435,000 barrels per day (bpd) of crude oil, opened in June 2010. Eventually, the pipeline be able to transport 591,000 bpd.

Continue reading TransCanada: Natural Gas Play That's Ready for the Recovery

It's Now or Never with TransCanada

Posted Mar 23rd 2010 3:00PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

An entry point at current levels, $36 to $39, may represent investors' last chance to earn an out-sized gain during this economic expansion with TransCanada Corp. (TRP), which I first discussed here on May 11, 2009, at a price of $26.56.

TransCanada Corp. is natural gas play with promise: It's a natural gas transmission and storage company that also owns oil assets and electric power generation assets (including 19 wholly owned power plants).

Continue reading It's Now or Never with TransCanada

TransCanada is poised for the next natural gas boom

Posted Sep 14th 2009 3:20PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

TransCanada Corp. (NYSE: TRP), which I had placed in the high-risk category earlier this, is now a moderate-risk play, and I'm also reiterating my Buy rating for it, first recommended on May 11, 2009, at a price of $26.56.

TransCanada is a natural gas play with promise: it's a natural gas transmission and storage company that also owns oil assets and electric power generation assets (including 19 wholly-owned power plants). A solid $1.41 annual dividend adds to the positive story.

Continue reading TransCanada is poised for the next natural gas boom

TransCanada Corp.: A low-profile, natural gas play

Posted May 11th 2009 2:30PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

TransCanada Corp. (NYSE: TRP) is a natural gas play with promise, but macroeconomic hurdles and a highly leverage balanced sheet make it suitable for high-risk investors only.

TransCanada is a natural gas transmission and storage company that also owns oil assets and electric power generation assets (including 19 wholly owned power plants), among other operations.

Continue reading TransCanada Corp.: A low-profile, natural gas play