Patrick Keys - TC Energy Gen VP

TRP-PC Preferred Stock  CAD 14.59  0.03  0.21%   

Insider

Patrick Keys is Gen VP of TC Energy Corp
Phone403 920 2000
Webhttps://www.tcenergy.com

TC Energy Management Efficiency

The company has return on total asset (ROA) of 0.0365 % which means that it generated a profit of $0.0365 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0982 %, meaning that it generated $0.0982 on every $100 dollars invested by stockholders. TC Energy's management efficiency ratios could be used to measure how well TC Energy manages its routine affairs as well as how well it operates its assets and liabilities.
TC Energy Corp has accumulated 46.28 B in total debt with debt to equity ratio (D/E) of 159.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TC Energy Corp has a current ratio of 0.43, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TC Energy until it has trouble settling it off, either with new capital or with free cash flow. So, TC Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TC Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRP-PC to invest in growth at high rates of return. When we think about TC Energy's use of debt, we should always consider it together with cash and equity.

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TC Energy Corporation operates as an energy infrastructure company in North America. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada. TC ENERGY operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 7081 people. TC Energy Corp (TRP-PC) is traded on Toronto Exchange in Canada and employs 7,017 people.

Management Performance

TC Energy Corp Leadership Team

Elected by the shareholders, the TC Energy's board of directors comprises two types of representatives: TC Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TRP-PC. The board's role is to monitor TC Energy's management team and ensure that shareholders' interests are well served. TC Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TC Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tracy Robinson, Ex Advisor
Stanley III, Exec Pipelines
Gavin Wylie, VicePres Relations
Richard Prior, Pres Pipelines
Jawad Masud, VicePres Centre
Francois Poirier, Pres CEO
MBA MBA, EVP Pipelines
Joel Hunter, Ex CFO
Patrick Keys, Gen VP
Shawn Patterson, Sr Pipelines

TRP-PC Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is TC Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with TC Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TC Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TC Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with TRP-PC Preferred Stock

  0.65ENB EnbridgePairCorr
  0.76ENB-PY Enbridge Pref 3PairCorr
  0.76TRP-PF TC Energy CorpPairCorr

Moving against TRP-PC Preferred Stock

  0.69XIM Ximen Mining CorpPairCorr
  0.58THRM Therma BrightPairCorr
  0.47QBR-A QuebecorPairCorr
  0.45BHC Bausch Health CompaniesPairCorr
  0.32FUND Katipult Technology CorpPairCorr
The ability to find closely correlated positions to TC Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TC Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TC Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TC Energy Corp to buy it.
The correlation of TC Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TC Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TC Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TC Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in TRP-PC Preferred Stock

TC Energy financial ratios help investors to determine whether TRP-PC Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRP-PC with respect to the benefits of owning TC Energy security.