Mary Salomone - TC Energy Independent Director

TRP Stock  USD 49.06  0.79  1.58%   

Director

Ms. Mary Patricia Salomone is Independent Director of TransCanada Corporationrationration. Ms. Salomone is a corporate director. She currently serves on the board of directors of Herc Rentals and Interape Polymer Group . She also serves as a trustee of the Youngstown State University Foundation. Ms. Salomone was the Senior VicePresident and Chief Operating Officer of The Babcock Wilcox Company from January 2010 to June 30, 2013. Prior to that, she served as Manager of Business Development from 2009 to 2010 and Manager of Strategic Acquisitions from 2008 to 2009 for Babcock Wilcox Nuclear Operations Group, Inc. From 1998 through December 2007, Ms. Salomone served as an officer of Marine Mechanical Corporationrationration, which BW acquired in 2007, including her term as President and Chief Executive Officer from 2001 through 2007. Ms. Salomone previously served on the board of directors of United States Enrichment Corporation from December 2011 to October 2012 and on the Naval Submarine League from 2007 to 2013. She was formerly a member of the Governor Workforce Policy Advisory Board in Ohio and the Ohio Employee Ownership Center, and served on the board of Cleveland Manufacturing Advocacy Growth Network since 2013.
Age 60
Tenure 11 years
Professional MarksMBA
Address 450 - 1 Street SW, Calgary, AB, Canada, T2P 5H1
Phone403-920-2000
Webhttps://www.tcenergy.com
Salomone has a Bachelor of Engineering in Civil Engineering from Youngstown State University and a MBA from Baldwin Wallace College. She completed the Advanced Management Program at Duke University’s Fuqua School of Business in 2011.

TC Energy Management Efficiency

The company has Return on Asset of 0.0333 % which means that on every $100 spent on assets, it made $0.0333 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1562 %, implying that it generated $0.1562 on every 100 dollars invested. 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 11/26/2024, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.09. As of 11/26/2024, Non Current Liabilities Total is likely to grow to about 77.9 B, while Total Current Liabilities is likely to drop slightly above 7.8 B.
TC Energy Corp has 63.66 B in debt with debt to equity (D/E) ratio of 1.74, which is OK given its current industry classification. TC Energy Corp has a current ratio of 0.63, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for TRP to invest in growth at high rates of return.

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TC Energy Corporation operates as an energy infrastructure company in North America. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. Tc Energy is traded on New York Stock Exchange in the United States. TC Energy Corp (TRP) is traded on New York Stock Exchange in USA. It is located in 450 - 1 Street SW, Calgary, AB, Canada, T2P 5H1 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.
Susan Jones, Independent Director
Greg Grant, President Pipelines
Tracy Robinson, Executive Vice President and President, Canadian Natural Gas Pipelines
William Johnson, Independent Director
John Lowe, Independent Director
Randy Limbacher, Independent Director
Paul Miller, Executive Vice President -Technical Centre , President - Liquids Pipelines
G Menuz, Vice President Controller
Leslie Kass, Executive Vice President - Technical Centre
David MacNaughton, Independent Director
Wendy Hanrahan, Executive Vice President - Corporate Services
Paula Reynolds, Independent Director
Bevin Wirzba, Executive Vice President, Strategy and Corporate Development, Group Executive - Canadian Natural Gas and Liquids Pipelines
Annesley Wallace, Corporate Strategy
Stanley III, Executive Pipelines
Gloria Hartl, Vice-President - Risk Management
Christine Johnston, Vice President - Law, Corporate Secretary
Michael Culbert, Independent Director
Shawn Patterson, Sr Pipelines
Russell Girling, President, Chief Executive Officer, Director
Dennis Hebert, Vice President - Taxation
PEng MBA, Executive Pipelines
Stephan Cretier, Independent Director
Joel Hunter, Chief Financial Officer, Executive Vice President
Nancy Johnson, Vice President Treasurer
Siim Vanaselja, Non-Executive Independent Chairman of the Board
Patrick Muttart, Senior Vice President Stakeholder Relations
Richard Prior, President Pipelines
Jawad Masud, Senior Vice President Technical Centre
Indira Samarasekera, Independent Director
Patrick Keys, Executive Vice President - Stakeholder Investor Relations, General Counsel
Corey Hessen, Executive Vice President, President - Power, Storage and Origination
Una Power, Independent Director
Mary Salomone, Independent Director
Thierry Vandal, Independent Director
Steven Williams, Independent Director
S Jackson, Independent Director
Sean ODonnell, Executive CFO
Tina Faraca, Executive Pipelines
Stanley Chapman, Executive Vice-President and President, U.S. Natural Gas Pipelines, Chief Diversity Officer
Jonathan Wrathall, Vice-President - Finance and Evaluations
Gavin Wylie, VicePresident Relations
Donald Marchand, Executive Vice President - Strategy & Corporate Development, Chief Financial Office
Donald Stewart, Independent Director
R Hendy, Vice President Treasurer
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
Dawn Lima, Executive Vice President - Corporate Services

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.

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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

Additional Tools for TRP Stock Analysis

When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.