TransCanada (TRP, $39.12) Hopes To Begin Keystone XL in June
TransCanada Corp. is hoping to start work on Keystone XL oil pipeline project in June.
For a long time, the Keystone project was stuck amidst opposition from environmental groups and landowners. The 1,200-mile (1,900-kilometer) pipeline could potentially carry 830,000 barrels of crude a day from Alberta’s oil sands to U.S. Gulf Coast refiners.
In a court filing on Monday, the pipeline company said that pre-construction activities, like setting up pipe yards and work camps, will resume by February, following which full work can start by June and get completed in late 2020 (as reported by Bloomberg). The pipeline is expected to start operating in early 2021. According to TransCanada’s letter filed in U.S. District Court in Montana, a yearlong delay would cost the company $949 million in lost profits and push back the hiring of about 6,600 workers.
A court hearing is scheduled for January 14.
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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
TRP's RSI Indicator ascending out of oversold territory
The RSI Indicator for TRP moved out of oversold territory on August 14, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 28 similar instances when the indicator left oversold territory. In 17 of the 28 cases the stock moved higher. This puts the odds of a move higher at 61%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for TRP just turned positive on August 28, 2026. Looking at past instances where TRP's MACD turned positive, the stock continued to rise in 24 of 44 cases over the following month. The odds of a continued upward trend are 55%.
Following a +2.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where TRP advanced for three days, in 198 of 355 cases, the price rose further within the following month. The odds of a continued upward trend are 56%.
TRP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 27 of 61 cases where TRP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 44%.
The Momentum Indicator moved below the 0 level on September 10, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on TRP as a result. In 43 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 53%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TRP declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 53%.
The Aroon Indicator for TRP entered a downward trend on September 02, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 17 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 19 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.433) is normal, around the industry mean (185.987). P/E Ratio (23.946) is within average values for comparable stocks, (25.407). Projected Growth (PEG Ratio) (2.974) is also within normal values, averaging (3.876). Dividend Yield (0.041) settles around the average of (0.051) among similar stocks. P/S Ratio (5.577) is also within normal values, averaging (4.782).
The Tickeron Profit vs. Risk Rating rating for this company is 58 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 39, placing this stock slightly worse than average.
The Tickeron Price Growth Rating for this company is 59 (best 1 - 100 worst), indicating fairly steady price growth. TRP’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 59 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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a provider of natural gas transportation services
Industry OilGasPipelines
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