VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Friday, January 2, 2026
Stock Comparison
ASX Limited vs TC Energy Corporation
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
ASX Limited
ASX · ASX
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
TC Energy Corporation
TRP · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into TC Energy Corporation's moat claims, evidence, and risks.
View TRP analysisComparison highlights
- Moat score: both at 80 / 100.
- Segment focus: ASX Limited has 4 segments (31.5% in Markets); TC Energy Corporation has 4 segments (46.1% in U.S. Natural Gas Pipelines).
- Primary market structure: Duopoly vs Oligopoly. Pricing power: Moderate vs Weak.
- Moat breadth: ASX Limited has 4 moat types across 3 domains; TC Energy Corporation has 4 across 3.
Primary market context
ASX Limited
Markets
Trading venues for Australian cash equities and exchange-traded derivatives (futures, options)
Australia
Brokers/market participants, proprietary trading firms, institutional investors
Market operator / trading venue
31.5%
TC Energy Corporation
U.S. Natural Gas Pipelines
U.S. interstate natural gas pipeline transportation (FERC-regulated)
United States
Utilities/LDCs, power generators, LNG/export facilities, industrial users and marketers (as shippers)
Midstream pipeline operator
46.1%
Side-by-side metrics
Moat coverage
Shared moat types
No overlap yet.
ASX Limited strengths
TC Energy Corporation strengths
Segment mix
ASX Limited segments
Full profile >Listings
Quasi-Monopoly
Markets
Duopoly
Technology & Data
Competitive
Securities & Payments
Monopoly
TC Energy Corporation segments
Full profile >Canadian Natural Gas Pipelines
Quasi-Monopoly
U.S. Natural Gas Pipelines
Oligopoly
Mexico Natural Gas Pipelines
Oligopoly
Power and Energy Solutions
Competitive
Want the full wide moat stocks list?
Browse the full ranking of wide moat stocks, updated with moat scores and segment context.
View the moat stocks listCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.