TC Energy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BUL:TRS Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Dec 24	Buy€23,124	Jessica Kirstine	Individual	525	€44.05
22 Nov 24	Buy€16,878	Raylene Charron	Individual	350	€48.22
21 Nov 24	Sell€124,357	Yvonne Frame-Zawalykut	Individual	2,600	€47.83
18 Nov 24	Buy€40,306	Trevor Ebl	Individual	856	€47.09
18 Nov 24	Sell€18,337	Christine Johnston	Individual	396	€46.31
24 Sep 24	Buy€22,889	Dawn de Lima	Individual	545	€42.00
23 Sep 24	Sell€88,652	Richard Prior	Individual	2,100	€42.22
18 Sep 24	Buy€23,072	Dawn de Lima	Individual	555	€41.57
16 Sep 24	Sell€31,367	Christine Johnston	Individual	752	€41.71
05 Sep 24	Sell€80,827	Dawn de Lima	Individual	1,925	€41.99
16 Aug 24	Sell€120,094	Richard Prior	Individual	3,000	€40.03
12 Aug 24	Buy€3,061	Alexandra Costello	Individual	77	€39.75
12 Aug 24	Sell€114,592	Rosemary Stevens	Individual	2,875	€39.87
02 Aug 24	Sell€43,759	Kevin Benson	Individual	1,121	€39.04
02 Aug 24	Sell€11,776	Nancy Johnson	Individual	300	€39.25
26 Jun 24	Sell€20,677	Kevin Benson	Individual	565	€36.60
06 Jun 24	Sell€183,800	Richard Prior	Individual	5,000	€36.76
16 May 24	Sell€47,765	Christine Johnston	Individual	1,330	€35.91
08 May 24	Sell€7,011	Nancy Johnson	Individual	200	€35.06
06 May 24	Buy€7,520	Jessica Kirstine	Individual	215	€34.98
27 Mar 24	Buy€6,251	Lindsay Mackay	Individual	171	€36.56
26 Mar 24	Buy€124,854	Tina Faraca	Individual	3,335	€37.44
26 Mar 24	Buy€42,181	Dawn de Lima	Individual	1,127	€37.43
26 Mar 24	Sell€61,318	Dawn de Lima	Individual	1,638	€37.43
25 Mar 24	Buy€32,689	Alexis Hudy	Individual	875	€37.36
25 Mar 24	Buy€97,256	Dawn de Lima	Individual	2,600	€37.41
25 Mar 24	Sell€561	Kevin Benson	Individual	15	€37.39
21 Mar 24	Buy€64,891	Dawn de Lima	Individual	1,740	€37.29
20 Mar 24	Buy€48,584	Jawad Masud	Individual	1,300	€37.37
20 Mar 24	Buy€236,021	Patrick Muttart	Individual	6,395	€36.91
20 Mar 24	Buy€27,756	Dawn de Lima	Individual	750	€37.01
18 Mar 24	Sell€37	Kevin Benson	Individual	1	€37.16
15 Mar 24	Sell€143,812	Kevin Benson	Individual	3,879	€37.44
14 Mar 24	Buy€50,935	Lindsay Mackay	Individual	1,376	€37.02
14 Mar 24	Buy€29,038	Trevor Ebl	Individual	785	€36.99
14 Mar 24	Buy€16,950	Jessica Kirstine	Individual	460	€36.85
13 Mar 24	Buy€37	Colin Lindley	Individual	1	€37.20
12 Mar 24	Buy€25,634	Colin Lindley	Individual	688	€37.26
27 Feb 24	Sell€7,997	Mark Yeomans	Individual	218	€36.68
21 Feb 24	Sell€8,234	Mark Yeomans	Individual	223	€36.92
20 Feb 24	Buy€133,250	Trevor Gelinas	Individual	3,619	€36.82
20 Feb 24	Buy€2,790	Alexandra Costello	Individual	76	€36.71

Insider Trading Volume

Insider Buying: TRS insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of TRS?
Owner Type	Number of Shares	Ownership Percentage
State or Government	593,885	0.0572%
Individual Insiders	663,073	0.0639%
General Public	227,097,292	21.9%
Institutions	809,602,685	78%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 57.8% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.8%	Capital Research and Management Company	112,379,187	€4.9b	-5.1%	0.24%
6.12%	Goldman Sachs Group, Investment Banking and Securities Investments	63,476,158	€2.8b	160%	1.39%
5.13%	BMO Asset Management Corp.	53,208,988	€2.3b	4.63%	0.94%
4.14%	The Vanguard Group, Inc.	42,952,463	€1.9b	2%	0.03%
3.66%	Royal Bank of Canada, Banking & Securities Investments	38,040,446	€1.7b	4.95%	0.87%
2.73%	RBC Dominion Securities Inc., Asset Management Arm	28,318,508	€1.2b	-5.11%	1.45%
2.49%	Fidelity International Ltd	25,798,776	€1.1b	81.9%	0.49%
2.21%	RBC Global Asset Management Inc.	22,891,496	€1.0b	-0.17%	0.65%
2.04%	Canadian Imperial Bank of Commerce, Asset Management Arm	21,196,261	€930.0m	-29%	2.08%
2.01%	The Bank of Nova Scotia, Banking Investments	20,860,507	€915.3m	-24.6%	1.91%
1.87%	Toronto-Dominion Bank, Banking Investments	19,449,005	€853.4m	-26.4%	1.36%
1.55%	TD Asset Management, Inc.	16,092,665	€706.1m	-1.69%	0.54%
1.51%	1832 Asset Management L.P.	15,691,287	€688.5m	5.65%	0.96%
1.39%	Mackenzie Financial Corporation	14,413,437	€632.4m	-6.81%	0.71%
1.3%	Canada Pension Plan Investment Board	13,475,330	€591.3m	-30.8%	0.5%
1.18%	Jarislowsky, Fraser Limited	12,248,009	€537.4m	-2.74%	2.67%
1.14%	Legal & General Investment Management Limited	11,786,460	€517.2m	-0.9%	0.1%
1.06%	Dodge & Cox	10,953,200	€480.6m	-7.65%	0.17%
0.99%	National Bank Investments Inc.	10,241,101	€449.3m	-24.9%	0.61%
0.9%	Scotiabank Global Banking and Markets, Asset Management Division	9,299,021	€408.0m	9.64%	2.31%
0.82%	Norges Bank Investment Management	8,506,484	€373.2m	0%	0.03%
0.77%	Tortoise Capital Advisors, L.L.C.	7,942,350	€348.5m	263%	4.27%
0.71%	Beutel Goodman & Company Ltd.	7,404,142	€324.9m	-39.8%	1.56%
0.65%	Connor, Clark & Lunn Investment Management Ltd.	6,769,975	€297.0m	156%	1.43%
0.63%	CIBC Asset Management Inc.	6,571,364	€288.3m	-22.8%	0.61%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 08:08
End of Day Share Price	2024/10/01 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TC Energy Corporation is covered by 44 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Harshit Gupta	Accountability Research Corporation
Nathan Heywood	ATB Capital Markets
Theresa Chen	Barclays