I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Simply click the link below to grab your free copy and discover all 5 of these stocks now. Two of those top TSX pipeline stocks to buy today are Inter Pipeline Ltd (TSX:IPL) and TC Energy Corp (TSX:TRP)(NYSE:TRP). Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. And though their business is still being impacted, a lot of their revenue is stable. Although last weekend a deal with OPEC+ was reached, investors are still unclear about how global supply and demand will play out, leaving many opportunities for savvy, long-term investors who can find the top businesses. 3 Beaten-Down Stocks Look Attractive, Aphria (TSX:APHA) Stock Plunges: Marijuana Industry in Trouble. All rights reserved. TC Energy would exchange 0.650 common shares of TC Energy for one share of TC Pipelines, or US$27.31 per unit as of TC Energy’s closing price on October 2. TC energy is one of the top energy infrastructure companies in North America. It has a crucial position in an industry with significant barriers to entry. Should You Buy Aphria (TSX:APHA) After Its Recent Pullback? While the company predominantly transports oil, it also has a storage business and as well as other midstream natural gas assets. Get quote details and summary for TC PipeLines LP. Not to alarm you, but you’re about to miss an important event. So for long-term investors who buy these TSX stocks early, there could be an opportunity to make a large fortune. The energy industry has especially been hit hard, and many TSX stocks have lost significant value. Inter Pipeline ran into some financial issues recently when its debt-to-earnings ratios got a little high as a result of its exposure to commodity prices, thereby lowering its expected 2020 earnings. Fool contributor Daniel Da Costa has no position in any of the stocks mentioned. The great thing about TC Energy … Pipeline stocks, however, are faring much better. With prices this low, buying energy producers alone is still a risky pick. Current as of October 26, 2020. Today that dividend still yields an attractive 4.8%, and the TSX stock is down roughly 60% off its highs. 5 Stocks Under $49 (FREE REPORT). Its main business, natural gas pipelines, carries more than a quarter of … Its main business, natural gas pipelines, carries more than a quarter of North America’s daily natural gas needs. TC PipeLines, LP is a United States growth-oriented Master Limited Partnership (MLP). Please read the Privacy Statement and Terms of Service for more information. Inter Pipeline therefore took the prudent step to trim the dividend. I understand I can unsubscribe from these updates at any time. The dividend is an attractive feature, but what’s most appealing about TC energy is the upside in its stock long term. Returns since inception, October 2013. TC Energy operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Furthermore, the company has very little commodity exposure — not to mention that roughly a quarter of its revenue is regulated, which makes TC energy an extremely stable and reliable stock. Even many of the integrated TSX energy stocks are having trouble breaking even at these prices. Just Released! These issues will eventually work themselves out. While the energy sector is facing a multitude of headwinds in the short term, at current oil prices, production is not sustainable for anyone. The good news for investors is that as the energy industry recovers over the years, Inter Pipeline can offer some significant upside potential. This is your chance to get in early on what could prove to be very special investment advice. Looking across the pipeline universe, there are still some significant opportunities for long-term investors to take advantage of. TSX Stocks: 2 Stars With Reliable 5% Yields, Love High Dividend Yields? © 2020 The Motley Fool Canada, ULC. That’s important factor if the company is to sustain its dividend, which currently has a yield of roughly 5%. Forget Suncor Energy (TSX:SU): These Stocks Can Give You $4,500 Annually, How to Profit From the Market Crash: 2 Stocks to Trade in Short Term. Not only is the stock well undervalued at these prices, but with its Keystone XL pipeline finally getting the go-ahead, the TSX stock has a long runway for growth. On top of its natural gas business, the company also has liquids pipelines and a power generation business. The assets span across North America, offering significant geographic diversification. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. The recent environment with stocks has created numerous investing opportunities. It also saves the company roughly $500 million a year in cash. Going forward, the new dividend rate is entirely underpinned by cost-of-service and fee-based revenue, which ensures complete stability of the dividend. Don't miss out! Inter Pipeline is another appealing energy infrastructure stock on the TSX to consider today. This alone makes the resilient TSX stock an incredible long-term investment. TC energy is one of the top energy infrastructure companies in North America. Research current and historical price charts, top holdings, management and full profile. The Motley Fool Canada » Dividend Stocks » 2 Top TSX Pipeline Stocks to Buy Today, Daniel Da Costa | April 17, 2020 | More on: TRP IPL TRP. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. The company is slightly more exposed to commodity prices, and thus has suffered more significant losses than TC Energy. Plus, management has indicated that as the environment improves, it will begin to increase the dividend again.

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