Director buying at TransCanada (TRP)

Director buying at TransCanada (T:TRP)

John Edward Lowe, a Director, acquired 2,500 Common Shares on a direct ownership basis at prices ranging from US$39.925 to US$40.339 between April 2nd and 3rd, 2018. This represents a $129,716 investment into the company's shares and an account share holdings change of 14.3%.

TransCanada is in the Oil & Gas Transportation Services Sub Industry Group under the Energy Sector.

TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines and Energy. The Company operates in three businesses: Natural Gas Pipelines, Liquids Pipelines and Energy. The Natural Gas Pipelines and Liquids Pipelines segments principally consist of its respective natural gas and liquids pipelines in Canada, the United States and Mexico, as well as its regulated natural gas storage operations in the United States. The Energy segment includes its power operations and the non-regulated natural gas storage business in Canada. TransCanada PipeLines Limited (TCPL) is its principal operating subsidiary. TransCanada Corporation (TRP) has below median officer and director direct ownership compared to its large-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $129,716.