VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Wednesday, January 7, 2026
Stock Comparison
Sea Limited vs TC Energy Corporation
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Sea Limited
SE · New York Stock Exchange
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 gap: TC Energy Corporation leads (80 / 100 vs 69 / 100 for Sea Limited).
- Segment focus: Sea Limited has 3 segments (73.8% in Shopee (E-commerce)); TC Energy Corporation has 4 segments (46.1% in U.S. Natural Gas Pipelines).
- Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Weak.
- Moat breadth: Sea Limited has 6 moat types across 3 domains; TC Energy Corporation has 4 across 3.
Primary market context
Sea Limited
Shopee (E-commerce)
E-commerce marketplace and related value-added services
Southeast Asia, Taiwan, Brazil
Consumers and sellers
Marketplace operator
73.8%
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
Sea Limited strengths
TC Energy Corporation strengths
Segment mix
Sea Limited segments
Full profile >Shopee (E-commerce)
Oligopoly
SeaMoney (Digital Financial Services)
Competitive
Garena (Digital Entertainment)
Competitive
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?
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View the moat stocks listLooking for expansion-stage stocks?
Proven models entering the expansion stage with unit economics that work.
View expansion-stage stocksCuration & 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.