Analysts Weigh in on TC Energy and Chevron: Strong Buy and Hold Ratings

Monday, Jul 14, 2025 6:09 am ET1min read

Analysts weigh in on TC Energy (TRP) and Chevron (CVX) with Barclays' Theresa Chen maintaining a Buy rating on TRP with a $74.00 price target, while Barclays' Betty Jiang maintains a Hold rating on CVX with a $156.00 price target. TRP has a Strong Buy consensus with a $56.48 price target, a 19.5% upside from current levels, while CVX has a Moderate Buy consensus with a $160.39 average price target, a 4.0% upside from current levels.

Analysts have provided a mixed outlook on TC Energy (TRP) and Chevron (CVX), with differing opinions on their stock performance and future prospects. Theresa Chen of Barclays maintains a Buy rating on TRP with a $74.00 price target, while Betty Jiang of Barclays maintains a Hold rating on CVX with a $156.00 price target. TRP has a Strong Buy consensus with a $56.48 price target, a 19.5% upside from current levels, while CVX has a Moderate Buy consensus with a $160.39 average price target, a 4.0% upside from current levels.

TC Energy, a North American energy infrastructure company, has seen unusual options trading activity recently, with a significant increase in put options purchased [1]. The company reported earnings per share (EPS) of $0.66 for the quarter, missing the consensus estimate of $0.70. Despite this, institutional investors have been actively buying shares, with several major firms increasing their positions in the stock [1].

Chevron, on the other hand, is expected to report lower quarter-over-quarter earnings due to weakness in oil prices but is anticipated to have strong operational performance across key assets [2]. The company maintains strong financials with an EBITDA of $38.5 billion and a healthy debt-to-equity ratio of 0.2. The pending Hess Corporation acquisition remains the primary focus for Chevron investors, with the firm forecasting the transaction to close in the third quarter of 2025 [2].

References:
[1] https://www.marketbeat.com/instant-alerts/tc-energy-target-of-unusually-high-options-trading-nysetrp-2025-07-10/
[2] https://ca.investing.com/news/analyst-ratings/ubs-reiterates-buy-rating-on-chevron-stock-ahead-of-q2-results-93CH-4098904

Analysts Weigh in on TC Energy and Chevron: Strong Buy and Hold Ratings

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