Frank Burkhartsmeyer - Avangrid CEO of Renewables

AGR Stock  USD 36.04  0.33  0.92%   

CEO

Mr. Frank Burkhartsmeyer is the Chief Executive Officer of Renewables of the Company. Mr. Burkhartsmeyer previously served as senior vice president of finance of ARHI from July 2012 until March 2015, and as vice president of strategy, planning and market fundamentals at Renewables from July 2006 until June 2012, both subsidiaries of AVANGRID. He also served as managing director of corporate strategy of Scottish Power between June 2004 and September 2005 since 2015.
Age 51
Tenure 9 years
Professional MarksMBA
Address 180 Marsh Hill Road, Orange, CT, United States, 06477
Phone207 629 1190
Webhttps://www.avangrid.com
Burkhartsmeyer earned a B.A. from the University of Montana and a M.B.A. from the University of Oregon.

Avangrid Management Efficiency

The company has Return on Asset of 0.014 % which means that on every $100 spent on assets, it made $0.014 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0324 %, implying that it generated $0.0324 on every 100 dollars invested. Avangrid's management efficiency ratios could be used to measure how well Avangrid manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Avangrid's Return On Tangible Assets are relatively stable compared to the past year. As of 04/18/2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.02. At this time, Avangrid's Debt To Assets are relatively stable compared to the past year. As of 04/18/2024, Return On Assets is likely to grow to 0.02, while Other Assets are likely to drop slightly above 2.4 B.
The company has 12.2 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. Avangrid has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avangrid until it has trouble settling it off, either with new capital or with free cash flow. So, Avangrid's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avangrid sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avangrid to invest in growth at high rates of return. When we think about Avangrid's use of debt, we should always consider it together with cash and equity.

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Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 7300 people. Avangrid (AGR) is traded on New York Stock Exchange in USA. It is located in 180 Marsh Hill Road, Orange, CT, United States, 06477 and employs 7,999 people. Avangrid is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

Avangrid Leadership Team

Elected by the shareholders, the Avangrid's board of directors comprises two types of representatives: Avangrid inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avangrid. The board's role is to monitor Avangrid's management team and ensure that shareholders' interests are well served. Avangrid'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, Avangrid's outside directors are responsible for providing unbiased perspectives on the board's policies.
Catherine Stempien, President, Chief Executive Officer of Networks
Teresa Herbert, Independent Director
Pedro Blzquez, CEO Director
Sheila Duncan, Senior Vice President – Human Resources & Corporate Administration
Frank Burkhartsmeyer, CEO of Renewables
Alfredo Canto, Senior Staff
Laura Beane, President and Chief Executive Officer of Renewables
Michael McClain, Chief Officer
Douglas Stuver, Chief Financial Officer, Principal Financial Officer and Senior Vice President
Elizabeth Timm, Independent Director
Carol Folt, Independent Director
Zsoka McDonald, Chief Sustainability Officer and Senior Vice President of Corporate Communications
Kimberly Harriman, Senior Communications
Sara Burns, President CEO of CMP
Santiago Garrido, Director
Jose Soto, LLC Renewables
Mark Lynch, President and CEO of NYSEG and RGE
Daniel Alcain, Senior Vice President Controller
Patricia Cosgel, Interim Chief Financial Officer, Vice President Investor and Shareholder Relations
Jose Armada, Director
German Avecilla, VP Officer
Alan Solomont, Independent Director
Peter Church, Senior Vice President - Human Resources and Corporate Administration
Ignacio Galan, Chairman of the Board
Sonsoles Reinoso, Director
Alejandro GarciaBellido, President and Chief Executive Officer of Renewables
Robert Duffy, Independent Director
Sy Oytan, Senior Vice President - Offshore Project Management, Deputy Chief Executive Officer - Vineyard Wind 1
David Flanagan, Executive Chairman of CMP
Jose Rodriguez, Director
Alfredo Ayub, Independent Director
Daryl Gee, CEO of Gas
Azagra Blazquez, Director
Patricia Jacobs, Independent Director
Charlotte Ancel, Vice Relations
Justin Lagasse, Senior CFO
Douglas Herling, President and Chief Executive Officer of CMP
Felipe Hinojosa, Director
John Baldacci, Vice Chairman of the Board of Directors
Scott Mahoney, VP, General Counsel and Secretary
James Torgerson, CEO, Director and Member of Executive Committee
Alcain Lopez, Director
Anthony Marone, President and Chief Executive Officer of Networks
Nacho Arronte, Chief Risk Officer, Vice President
Bill White, Offshore President and Chief Executive Officer - Avangrid Renewables, LLC
Scott Tremble, Senior Vice President - Controller, Principal Accounting Officer
Kyra Patterson, Chief Human Resource Officer, Senior Vice President
Robert Kump, President, Interim Principal Executive Officer
Dennis Arriola, Chief Executive Officer, Director
Daniel Lopez, Director
Arnold Chase, Director
Jose Miranda, Onshore President and Chief Executive Officer - Avangrid Renewables
Franklyn Reynolds, President and Chief Executive Officer of UIL
Dave Labelle, Chief Administrative Officer
Ignacio Estella, Senior Vice President – Corporate Development
Pedro Blazquez, CEO Director
John Lahey, Independent Director
Alvaro Ortega, Vice President - Finance
John Prete, President and CEO of UIL
Richard Nicholas, CFO
Juan Liceaga, Director
R Mahoney, Senior Vice President, General Counsel, Corporate Secretary
Carl Taylor, President and Chief Executive Officer of NYSEG and RG&E
Alvaro Sebastian, Investor Finance

Avangrid 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 Avangrid 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.

Avangrid Investors Sentiment

The influence of Avangrid's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Avangrid. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Avangrid's public news can be used to forecast risks associated with an investment in Avangrid. The trend in average sentiment can be used to explain how an investor holding Avangrid can time the market purely based on public headlines and social activities around Avangrid. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Avangrid's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Avangrid's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Avangrid's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Avangrid.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avangrid in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avangrid's short interest history, or implied volatility extrapolated from Avangrid options trading.

Pair Trading with Avangrid

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 Avangrid 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 Avangrid 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 Avangrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avangrid 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 Avangrid - 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 Avangrid to buy it.
The correlation of Avangrid 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 Avangrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avangrid 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 Avangrid 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
When determining whether Avangrid is a strong investment it is important to analyze Avangrid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avangrid's future performance. For an informed investment choice regarding Avangrid Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.
Note that the Avangrid information on this page should be used as a complementary analysis to other Avangrid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Avangrid Stock analysis

When running Avangrid's price analysis, check to measure Avangrid'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 Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.
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Is Avangrid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avangrid. If investors know Avangrid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avangrid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.773
Dividend Share
1.76
Earnings Share
2.03
Revenue Per Share
21.481
Quarterly Revenue Growth
0.057
The market value of Avangrid is measured differently than its book value, which is the value of Avangrid that is recorded on the company's balance sheet. Investors also form their own opinion of Avangrid's value that differs from its market value or its book value, called intrinsic value, which is Avangrid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avangrid's market value can be influenced by many factors that don't directly affect Avangrid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avangrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avangrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avangrid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.