Ian Robertson - Algonquin Power Chief Executive Officer, Director

AQN Stock  USD 6.32  0.07  1.12%   

CEO

Mr. Ian E. Robertson serves as Chief Executive Officer, Director of Algonquin Power and Utilities Corporationration Mr. Robertson has over 30 years of experience in the development of electric power generating projects and the operation of diversified regulated utilities. Mr. Robertson is an electrical engineer and holds a Professional Engineering designation through his Bachelor of Applied Science degree awarded by the University of Waterloo since 2010.
Age 60
Tenure 14 years
Professional MarksMBA
Address 354 Davis Road, Oakville, ON, Canada, L6J 2X1
Phone905-465-4500
Webhttps://algonquinpower.com
Robertson earned a MBA degree from York University, a Global Professional Master of Laws degree from the University of Toronto, and holds a Chartered Financial Analyst designation. Additionally, he has completed the Chartered Director program of the Directors College and holds the certification of C. Dir. . Since 2013, Mr. Robertson has served on the board of directors of the American Gas Association.

Algonquin Power Management Efficiency

The company has Return on Asset of 0.0166 % which means that on every $100 spent on assets, it made $0.0166 of profit. This is way below average. Algonquin Power's management efficiency ratios could be used to measure how well Algonquin Power manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of March 2024, Return On Capital Employed is likely to drop to 0.03. In addition to that, Return On Assets is likely to drop to 0. At this time, Algonquin Power's Net Tangible Assets are very stable compared to the past year.
The company has 8.49 B in debt with debt to equity (D/E) ratio of 1.03, which is OK given its current industry classification. Algonquin Power Utilities has a current ratio of 0.75, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Algonquin Power until it has trouble settling it off, either with new capital or with free cash flow. So, Algonquin Power'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 Algonquin Power Utilities sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Algonquin to invest in growth at high rates of return. When we think about Algonquin Power's use of debt, we should always consider it together with cash and equity.

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Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada. Algonquin Pwr operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 3445 people. Algonquin Power Utilities (AQN) is traded on New York Stock Exchange in USA. It is located in 354 Davis Road, Oakville, ON, Canada, L6J 2X1 and employs 3,946 people. Algonquin Power is listed under Multi-Utilities category by Fama And French industry classification.

Management Performance

Algonquin Power Utilities Leadership Team

Elected by the shareholders, the Algonquin Power's board of directors comprises two types of representatives: Algonquin Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Algonquin. The board's role is to monitor Algonquin Power's management team and ensure that shareholders' interests are well served. Algonquin Power'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, Algonquin Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Laney, Independent Director
Arthur Kacprzak, Chief Financial Officer
Alison Holditch, IR Contact Officer
Brian CPA, Vice Relations
Christopher Ball, Independent Director
Mary Paravalos, Chief Compliance and Risk Officer
Masheed Saidi, Independent Director
Michael Snow, President - Algonquin Power Co.
Jeffery Norman, President Renewables
Anthony Johnston, Chief Operating Officer
Jefferey Norman, Chief Development Officer
George Steeves, Independent Director
Amanda Dillon, IR Contact
Melissa Barnes, Independent Director
Darren Myers, Chief Officer
Carol Leaman, Independent Director
Christopher Jarratt, Vice Chairman of the Board
Amelia Tsang, VP Relations
David Bronicheski, Chief Financial Officer
Kirsten Olsen, Chief Human Resource Officer
Ian Robertson, Chief Executive Officer, Director
Brenda Marshall, Senior Development
Stephanie Bose, Director Communications
BA LLB, Chief Officer
George Trisic, Chief Administrative Officer, Corporate Secretary
Arun Banskota, President, Chief Executive Officer, Director
Colin Penny, Executive Transformation
Dilek Samil, Independent Director
Jennifer Tindale, Chief Legal Officer
Christopher Huskilson, Independent Director
David Pasieka, President - Liberty Utilities Co.
Linda Beairsto, General Counsel, Corporate Secretary
Kenneth Moore, Independent Chairman of the Board

Algonquin 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 Algonquin Power 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.

Pair Trading with Algonquin Power

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 Algonquin Power 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 Algonquin Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with Algonquin Stock

  0.69AY Atlantica Sustainable Financial Report 3rd of May 2024 PairCorr

Moving against Algonquin Stock

  0.6HLGN HeliogenPairCorr
The ability to find closely correlated positions to Algonquin Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algonquin Power 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 Algonquin Power - 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 Algonquin Power Utilities to buy it.
The correlation of Algonquin Power 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 Algonquin Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algonquin Power Utilities 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 Algonquin Power 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 Algonquin Power Utilities is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Algonquin Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Algonquin Power Utilities Stock. Highlighted below are key reports to facilitate an investment decision about Algonquin Power Utilities Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Algonquin Power'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 Algonquin Power. If investors know Algonquin 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 Algonquin Power 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
1.998
Dividend Share
0.434
Earnings Share
0.03
Revenue Per Share
3.917
Quarterly Revenue Growth
(0.11)
The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power'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 Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power'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 Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algonquin Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power'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.