David Laney - Empire District Non-Executive Independent Chairman of the Board
Chairman
Mr. David Randy Laney is NonExecutive Independent Chairman of the Board of The Empire District Electric Company. since April 23 2009. Mr. Laney semiretired since 2008 has held numerous senior level positions with both public and private companies during his career including 23 years with WalMart Stores Inc. in various executive positions including Vice President of Finance Benefits and Risk Management and Vice President of Finance and Treasurer. In addition Mr. Laney has provided strategic advisory services to both private and public companies and served on numerous profit and nonprofit boards. Mr. Laney brings significant management and capital markets experience and strategic and operational understanding to his position as Chairman of the Board. since 2009.
| Age | 60 |
| Tenure | 15 years |
| Phone | (61) 8 9282 5866 |
| Web | www.edeninnovations.com |
Empire District Management Efficiency
The company has Return on Asset of 2.98 % which means that on every $100 spent on assets, it made $2.98 of profit. This is way below average. Empire District's management efficiency ratios could be used to measure how well Empire District manages its routine affairs as well as how well it operates its assets and liabilities.The company has 879.6 M in debt with debt to equity (D/E) ratio of 1.03, which is OK given its current industry classification. Empire District has a current ratio of 1.24, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Empire District until it has trouble settling it off, either with new capital or with free cash flow. So, Empire District'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 Empire District sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Empire to invest in growth at high rates of return. When we think about Empire District's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 4 records | CHAIRMAN Age | ||
| Marcus Lemonis | Beyond Inc | 50 | |
| Bom Kim | Coupang LLC | 45 | |
| David Meyer | Titan Machinery | 71 | |
| Robert Bradway | Amgen Inc | 61 | |
Management Performance
| Return On Equity | 7.0E-4 | |||
| Return On Asset | 2.98 |
Empire District Leadership Team
Elected by the shareholders, the Empire District's board of directors comprises two types of representatives: Empire District inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Empire. The board's role is to monitor Empire District's management team and ensure that shareholders' interests are well served. Empire District'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, Empire District's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Laney, Non-Executive Independent Chairman of the Board | ||
| Laurie Delano, CFO and VP of Fin. | ||
| Bradley Beecher, CEO and President Director and Chairman of Executive Committee | ||
| Dale Harrington, Secretary, IR Contact Officer | ||
| Robert Sager, Principal Accounting Officer, Controller, Assistant Secretary and Assistant Treasurer | ||
| Mark Timpe, Treasurer,Director - Financial Services | ||
| Kelly Walters, COO of Electric and VP | ||
| Thomas Mueller, Independent Director | ||
| Guy Page, Non-Executive Director | ||
| James Sullivan, Independent Director | ||
| Thomas Ohlmacher, Independent Director | ||
| Stephen Dunmead, Non-Executive Director | ||
| Herbert Schmidt, Independent Director | ||
| Kenneth Allen, Independent Director | ||
| Richard Beresford, Non-Executive Director | ||
| Roger Marmaro, President/CEO - Hythane | ||
| Brent Baker, Vice President - Customer Service, Transmission and Engineering | ||
| Lazaros Nikeas, Non-Executive Director | ||
| Janet Watson, Treasurer, Secretary | ||
| Ronald Gatz, COO of Gas and VP | ||
| Gregory Solomon, Executive Chairman of the Board | ||
| Bonnie Lind, Independent Director | ||
| Blake Mertens, Vice President - Energy Supply | ||
| Paul Portney, Independent Director | ||
| Ross Hartley, Independent Director | ||
| Douglas Solomon, Non-Executive Director | ||
| Aaron Gates, CFO, Company Secretary |
Empire 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 Empire District 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 | 7.0E-4 | |||
| Return On Asset | 2.98 | |||
| Profit Margin | 8.54 % | |||
| Operating Margin | 24.50 % | |||
| Current Valuation | 2.1 B | |||
| Shares Outstanding | 43.67 M | |||
| Shares Owned By Insiders | 0.59 % | |||
| Shares Owned By Institutions | 47.50 % | |||
| Number Of Shares Shorted | 1.3 M | |||
| Price To Earning | 24.87 X |
Pair Trading with Empire District
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 Empire District 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 Empire District will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Southwestern Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southwestern Energy 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 Southwestern Energy - 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 Southwestern Energy to buy it.
The correlation of Southwestern Energy 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 Southwestern Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southwestern Energy 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 Southwestern Energy 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Empire District information on this page should be used as a complementary analysis to other Empire District'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 Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in Empire Stock
If you are still planning to invest in Empire District check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Empire District's history and understand the potential risks before investing.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |