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    TRP   CA87807B1076

TC ENERGY CORPORATION

(TRP)
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TC Energy CFO Don Marchand to Retire

05/17/2021 | 08:03am EDT

By Matt Grossman

TC Energy Corp. Chief Financial Officer Don Marchand will step down from the job on July 31 and retire from the company on Nov. 1, TC Energy said Monday.

The Calgary, Alberta-based natural-gas and crude-oil pipeline and energy company said Joel Hunter, the company's senior vice president of capital markets, would succeed Mr. Marchand as CFO in August.

Mr. Hunter has worked at TC Energy for 24 years.

Mr. Marchand also served as executive vice president of strategy and corporate development. Bevin Wirzba, currently president of liquids pipelines for TC Energy, will assume leadership of strategy and corporate development activities in June in addition to his current role.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

05-17-21 0802ET

Stocks mentioned in the article
ChangeLast1st jan.
TC ENERGY CORPORATION -1.11% 63.97 Delayed Quote.25.02%
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Financials
Sales 2021 14 011 M 11 529 M 11 529 M
Net income 2021 2 959 M 2 435 M 2 435 M
Net Debt 2021 50 588 M 41 629 M 41 629 M
P/E ratio 2021 16,9x
Yield 2021 5,35%
Capitalization 63 322 M 52 172 M 52 108 M
EV / Sales 2021 8,13x
EV / Sales 2022 7,96x
Nbr of Employees 7 500
Free-Float 93,5%
Chart TC ENERGY CORPORATION
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TC Energy Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends TC ENERGY CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 69,27 CAD
Last Close Price 64,70 CAD
Spread / Highest target 17,5%
Spread / Average Target 7,07%
Spread / Lowest Target -2,63%
EPS Revisions
Managers and Directors
NameTitle
Francois L. Poirier President, Chief Executive Officer & Director
Donald R. Marchand Chief Financial Officer & Executive VP-Strategy
Siim Alden Vanaselja Chairman
Donald Michael Godfrey Stewart Independent Director
Mary Pat Salomone Independent Director
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