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TRP

TC Energy Corporation

Sector: energyOil & Gas MidstreamNYSEMarket Cap: $64.94B

TC Energy Corporation (TRP) is a major North American energy infrastructure company focused on natural gas and liquids pipelines, with a primary political signal being a single executive branch official holding $50,001-$100,000 in common stock and an ESPP account.

Govt Dependence
5/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat TRP does

TC Energy operates one of North America's largest natural gas pipeline networks, transporting approximately 25% of the continent's gas supply. The company also has a portfolio of power generation assets and liquids pipelines. Its revenue is derived from regulated, long-term contracted tariffs and capacity payments for its pipeline and energy assets.

12 months past · 3 months futureTRP activity timeline

$69$57$45 JunJulAugSepOctNovDecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $66.93 hi $46.58 lo $66.57 CONGRESS 30 INSIDERS 0 13F FUNDS 24 BILLS 39 Ritchie Torres (D) · Sale · 2025-07-11Ritchie Torres (D) · sale · 2025-07-11 D.E. Shaw & Co. · OPENED $46M · 2025-12-31D.E. Shaw & Co. · OPENED $46M · 2025-09-30Two Sigma Investments · OPENED $44M · 2025-06-30D.E. Shaw & Co. · OPENED $44M · 2025-06-30Citadel Advisors · OPENED $44M · 2025-09-30Citadel Advisors · OPENED $31M · 2025-12-31Two Sigma Investments · OPENED $19M · 2025-12-31Citadel Advisors · OPENED $16M · 2025-06-30Two Sigma Investments · OPENED $5M · 2025-09-30 S.1020 · enacted · 2026-05-11HR.2504 · markup · 2026-03-26S.881 · committee · 2025-09-10 MARKUP · House Foreign Affairs Subcommittee on Europe · 2026-05-19MARKUP · House Foreign Affairs Oversight and Intelligence Subcommitte · 2026-05-19MARKUP · House Foreign Affairs East Asia and Pacific Subcommittee · 2026-05-19MARKUP · House Science, Space, and Technology · 2026-05-20MARKUP · Senate Foreign Relations · 2026-05-20MARKUP · Senate Environment and Public Works Subcommittee on Clean Ai · 2026-05-20MARKUP · House Foreign Affairs · 2026-05-20MARKUP · · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Oversight and Inve · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Health · 2026-05-20MARKUP · House Foreign Affairs Subcommittee on Western Hemisphere · 2026-05-20MARKUP · House Natural Resources Subcommittee on Federal Lands · 2026-05-21MARKUP · House Science, Space, and Technology Subcommittee on Environ · 2026-05-21MARKUP · House Natural Resources Subcommittee on Indian and Insular A · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
240 trading days · 2 congressional trades shown · 0 insider buys · 9 13F filings · 3 past bill actions · 14 upcoming markups

Lifetime Government AwardsTRP federal contracts

TRP doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding TRP

$755.5M
Total TRP held by tracked 13F funds
24
Funds with TRP positions
+24
Funds opened this quarter
Two Sigma Investments $68M opened 2025-03-31
D.E. Shaw & Co. $62M opened 2024-09-30
D.E. Shaw & Co. $61M opened 2024-12-31
Two Sigma Investments $58M opened 2024-06-30
Two Sigma Investments $46M opened 2024-09-30
D.E. Shaw & Co. $46M opened 2025-12-31
D.E. Shaw & Co. $46M opened 2025-09-30
Two Sigma Investments $45M opened 2024-03-31
16 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading TRPMembers of Congress with recent TRP positions

1 politicians traded TRP across 4 disclosed transactions totaling $32K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just TRP). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading TRP

2025-07-11 Ritchie Torres D-New York · house Sale $1,001 - $15,000
2025-04-09 Ritchie Torres D-New York · house purchase $1,001 - $15,000 133d late
2025-07-11 Ritchie Torres D-New York · house sale $1,001 - $15,000
2025-04-09 Ritchie Torres D-New York · house Purchase $1,001 - $15,000 133d late
2023-06-23 David P. Joyce R-Ohio · house sale $1,001 - $15,000 410d late
2023-06-23 David P. Joyce R-Ohio · house Sale $1,001 - $15,000 410d late
2020-04-06 (unknown) Purchase $1,001 - $15,000
2020-04-15 (unknown) Sale (Full) $1,001 - $15,000
2020-04-15 (unknown) sale $1,001 - $15,000
2020-04-06 (unknown) purchase $1,001 - $15,000
2020-03-13 (unknown) Purchase $1,001 - $15,000
2020-03-26 (unknown) purchase $1,001 - $15,000
30+ trades on file · most recent 2025-08-20

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting TRPLive legislation impacting this stock

Political ProfileWhere TRP sits in Washington

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STRUCTURAL: High regulatory density from 8 identified energy sector bills. EVIDENTIARY: Minimal direct political engagement; no lobbying spend (`get_political_influence.lobbying.total_income: 0`), no corporate insider buys in 180 days (`get_corporate_insider_signal.total_buys: 0`), and only two congressional sales by a single member. Net: Structural regulatory risk is high, but evidentiary signals of political alignment or conviction are absent.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • High exposure to energy sector legislation
    U.S. Congress
    "8 recent `bill_impacts` with impact_ratios from 0.0001 to 0.0002."

Regulatory opportunities

  • No specific regulatory opportunities flagged.
Member intelligence layer

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Frequently AskedAbout TRP & political exposure

Does TC Energy Corporation (TRP) hold federal contracts?
No direct prime contracts reported in USASpending.gov for TC Energy Corporation. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded TRP stock?
56 congressional trades by 7 unique members of Congress, most recently on 2025-07-11. See the Congressional Trading panel for politician-by-politician breakdown.
What is TRP political risk profile?
Government dependence: 5/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track TRP political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. TRP data is updated daily from these official federal sources.