Scott Balfour - Emera COO
| EMA Stock | CAD 59.18 0.49 0.83% |
COO
Mr. Scott C. Balfour serves as President, Chief Executive Officer, Director of the Company. Mr. Balfour was appointed a Director and President and Chief Executive Officer of Emera in 2018. Mr. Balfour has held executive positions since joining Emera in April 2012, including Chief Operating Officer and, before that, Chief Financial Officer. Before joining Emera, he served 17 years in a variety of roles, including as President and Chief Financial Officer with the Aecon Group Inc., a Canadian publicly traded construction and infrastructure development company. Mr. Balfour is a Director of many Emera subsidiaries, including being Chairman of Tampa Electric Company and Nova Scotia Power Inc. He is also a director of Martinrea International Inc. He is past Chair of the Ontario Energy Association. Mr. Balfour received his Masters of Business Administration from Richard Ivey School of Business, University of Western Ontario. He earned a Bachelor of Business Administration from Wilfrid Laurier University since 2018.
| Age | 61 |
| Tenure | 7 years |
| Phone | 902-428-6096 |
| Web | https://www.emera.com |
Emera Management Efficiency
The company has return on total asset (ROA) of 0.0203 % which means that it generated a profit of $0.0203 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0448 %, meaning that it generated $0.0448 on every $100 dollars invested by stockholders. Emera's management efficiency ratios could be used to measure how well Emera manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 1 records | COO Age | ||
| Anthony Johnston | Algonquin Power Utilities | N/A | |
Management Performance
| Return On Equity | 0.0448 | ||||
| Return On Asset | 0.0203 |
Emera Inc Leadership Team
Elected by the shareholders, the Emera's board of directors comprises two types of representatives: Emera inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Emera. The board's role is to monitor Emera's management team and ensure that shareholders' interests are well served. Emera'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, Emera's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gregory Blunden, Chief Financial Officer | ||
| James Bertram, Independent Director | ||
| Nancy Tower, President, Chief Executive officer - Tampa Electric | ||
| Michael Roberts, Chief Human Resource Officer | ||
| FCPA FCA, Chief Officer | ||
| R Roberts, Chief Human Resource Officer | ||
| B Loewen, Independent Director | ||
| Robert Hanf, Executive Vice President - Stakeholder Relations and Regulatory Affairs | ||
| M Sheppard, Independent Chairman of the Board | ||
| Donald Pether, Independent Director | ||
| Chris Heck, Chief Officer | ||
| Lisa Merrithew, Vice Affairs | ||
| Henry Demone, Independent Director | ||
| Andrea Rosen, Independent Director | ||
| Daniel Muldoon, Executive Vice President - Major Renewables and Alternative Energy | ||
| Richard PEng, Canada Utilities | ||
| Michael CA, Chief Officer | ||
| Karen Hutt, President and CEO of NSP | ||
| Richard Sergel, Independent Director | ||
| Stephen Aftanas, Corporate Secretary | ||
| Sarah MacDonald, Executive Vice President - Corporate Safety and Environment | ||
| Judy FCA, President Inc | ||
| Kent Harvey, Independent Director | ||
| Richard Janega, Chief Operating Officer - Electric Utilities, Canada, U.S. Northeast and Caribbean | ||
| Dave Bezanson, Vice Pensions | ||
| Roger Blackman, Managing Company | ||
| Wayne OConnor, Executive Vice President - Business Development and Strategy | ||
| Archibald Collins, President Electric | ||
| Scott LaFleur, IR Contact Officer | ||
| John Ramil, Director | ||
| Scott Balfour, CFO, Executive VP and COO of Northeast United States and Caribbean | ||
| Jochen Tilk, Independent Director | ||
| Sylvia Chrominska, Independent Director | ||
| Bruce Marchand, Chief Compliance Officer, Chief Legal Officer | ||
| Scott Hastings, Senior Markets |
Emera 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 Emera 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.
| Return On Equity | 0.0448 | ||||
| Return On Asset | 0.0203 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 38.47 B | ||||
| Shares Outstanding | 297.7 M | ||||
| Shares Owned By Institutions | 31.00 % | ||||
| Number Of Shares Shorted | 5.36 M | ||||
| Price To Earning | 13.95 X | ||||
| Price To Book | 1.47 X |
Pair Trading with Emera
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 Emera 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 Emera will appreciate offsetting losses from the drop in the long position's value.Moving against Emera Stock
The ability to find closely correlated positions to Emera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera 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 Emera - 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 Emera Inc to buy it.
The correlation of Emera 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 Emera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Inc 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 Emera 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.Other Information on Investing in Emera Stock
Emera financial ratios help investors to determine whether Emera Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Emera with respect to the benefits of owning Emera security.