Siim Vanaselja - TC Energy Non-Executive Independent Chairman of the Board

TRP Stock  CAD 67.93  0.61  0.89%   

Chairman

Mr. Siim A. Vanaselja, CPA, serves as NonExecutive Independent Chairman of the Board of the Company., effective May 2017. Mr. Vanaselja is a corporate director. He currently serves on the boards of GreatWest Lifeco Inc. and Maple Leaf Sports and Entertainment Ltd. . Mr. Vanaselja was the Executive VicePresident and Chief Financial Officer of BCE Inc. and Bell Canada from January 2001 to June 2015. Prior to joining BCE Inc., he was a partner at the accounting firm KPMG Canada in Toronto since 2017.
Age 62
Tenure 7 years
Address 450 - 1 Street SW, Calgary, AB, Canada, T2P 5H1
Phone403-920-2000
Webhttps://www.tcenergy.com
Vanaselja previously served as a member of the Conference Board of Canada’s National Council of Financial Executives, the Corporationrationrationrate Executive Board’s working council for Chief Financial Officers and Moody’s Council of Chief Financial Officers. During the period of the 2008 global financial crisis, he was a member of the Minister of Finance Special Advisory Committee to address the continued functioning of financial and credit markets in Canada. He is a member of the Institute of Corporationrationrationrate Directors and the Chartered Professional Accountants of Ontario. He holds an Honours Bachelor of Business degree from the Schulich School of Business. His community involvement has included work with Big Brothers Big Sisters of Toronto, St. Mary’s Hospital, the Heart and Stroke Foundation of Québec and the annual Walk for Kids Help Phone.

TC Energy Management Efficiency

The company has return on total asset (ROA) of 0.0333 % which means that it generated a profit of $0.0333 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1562 %, meaning that it generated $0.1562 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. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.09. At this time, TC Energy's Total Current Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.04, while Total Assets are likely to drop about 64.6 B.
TC Energy Corp has accumulated 63.6 B in total debt with debt to equity ratio (D/E) of 1.45, which is about average as compared to similar companies. TC Energy Corp has a current ratio of 0.5, 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 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 7305 people. TC Energy Corp (TRP) is traded on Toronto Exchange in Canada and employs 7,000 people. TC Energy is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

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. 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.
Greg Grant, President Pipelines
Russell Girling, President, Chief Executive Officer, Director
Tracy Robinson, Executive Vice President and President, Canadian Natural Gas Pipelines
Dennis Hebert, Vice President - Taxation
PEng MBA, Executive Pipelines
Stephan Cretier, Independent Director
John Lowe, Independent Director
Randy Limbacher, Independent Director
Joel Hunter, Senior Vice-President - Capital Markets
Nancy Johnson, Vice President Treasurer
Siim Vanaselja, Non-Executive Independent Chairman of the Board
Patrick Muttart, Senior Relations
Richard Prior, President Pipelines
Jawad Masud, VicePres Centre
Paul Miller, Executive Vice President -Technical Centre , President - Liquids Pipelines
Indira Samarasekera, Independent Director
Patrick Keys, Executive Vice President -Stakeholder Investor Relations, General Counsel
Una Power, Independent Director
G Menuz, Vice President Controller
Leslie Kass, Executive Vice President - Technical Centre
Mary Salomone, Independent Director
Thierry Vandal, Independent Director
Steven Williams, Independent Director
Wendy Hanrahan, Executive Vice President - Corporate Services
S Jackson, Independent Director
Sean ODonnell, Executive CFO
Tina Faraca, Executive Pipelines
Stanley Chapman, Executive Vice-President and President U.S. Natural Gas Pipelines
Paula Reynolds, Independent Director
Bevin Wirzba, Senior Vice President - Liquids Pipelines
Annesley Wallace, Corporate Strategy
Stanley III, Executive Pipelines
Gavin Wylie, VicePresident Relations
Donald Marchand, Executive Vice President - Strategy & Corporate Development, Chief Financial Office
Donald Stewart, Independent Director
R Hendy, Vice President Treasurer
Gloria Hartl, Vice-President - Risk Management
Kevin Benson, Independent Director
Francois Poirier, Executive Vice President - Strategy and Corporate Development and President of the Energy and Mexico Natural Gas Pipelines Business
MBA MBA, EVP Pipelines
Christine Johnston, Vice President - Law, Corporate Secretary
Dawn Lima, Executive Services
Shawn Patterson, Sr Pipelines

TRP Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right 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 Stock

  0.91ENB-PFV Enbridge Pref 5PairCorr
  0.63ENB-PFU Enbridge Pref LPairCorr
  0.95ENS E Split CorpPairCorr
  0.84ENS-PA E Split 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
When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Please note, there is a significant difference between TC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if TC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.