Robert Hodgins - AltaGas Independent Director
| ALA Stock | CAD 35.22 0.01 0.03% |
Director
Mr. Robert B. Hodgins is an Independent Director of AltaGas Ltd. Mr. Hodgins is a Chartered Accountant and was an independent businessman since November 2004. Mr. Hodgins was serving as Senior Advisor, Investment Banking for Canaccord Genuity Corporationration from September 2018. Prior to that, he was the Chief Financial Officer of Pengrowth Energy Trust from 2002 to 2004, Vice President and Treasurer of Canadian Pacific Limited from 1998 to 2002 and Chief Financial Officer of TransCanada PipeLines Limited from 1993 to 1998 since 2010.
| Age | 67 |
| Tenure | 14 years |
| Address | 355 - 4th Avenue SW, Calgary, AB, Canada, T2P 0J1 |
| Phone | 403 691 7575 |
| Web | https://www.altagas.ca |
AltaGas Management Efficiency
The company has return on total asset (ROA) of 0.0289 % which means that it generated a profit of $0.0289 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0653 %, meaning that it generated $0.0653 on every $100 dollars invested by stockholders. AltaGas' management efficiency ratios could be used to measure how well AltaGas manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of November 2024, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.07. At this time, AltaGas' Intangibles To Total Assets are very stable compared to the past year. As of the 24th of November 2024, Return On Assets is likely to grow to 0.04, while Intangible Assets are likely to drop about 140.6 M.Similar Executives
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Management Performance
| Return On Equity | 0.0653 | ||||
| Return On Asset | 0.0289 |
AltaGas Leadership Team
Elected by the shareholders, the AltaGas' board of directors comprises two types of representatives: AltaGas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AltaGas. The board's role is to monitor AltaGas' management team and ensure that shareholders' interests are well served. AltaGas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AltaGas' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Randall Crawford, President, Chief Executive Officer, Director | ||
| Fredrick Dalena, Executive Vice President - Commercial Strategy and Business Development | ||
| D Harbilas, Chief Financial Officer, Executive Vice President | ||
| Linda Sullivan, Independent Director | ||
| Nancy Tower, Independent Director | ||
| David Anderson, Senior Safety | ||
| BComm Esq, Chief VP | ||
| Robert Hodgins, Independent Director | ||
| Jon Morrison, Senior Development | ||
| Brad Grant, Executive Vice President and Chief Legal Officer, Executive Vice President - Strategy and Corporate Development | ||
| Terry McCallister, Director | ||
| David Cornhill, Non-Independent Chairman of the Board, CEO | ||
| Victoria Calvert, Independent Director | ||
| Vern Yu, CEO President | ||
| Corine Bushfield, Executive Vice President Chief Administrative Officer | ||
| Joy Thakur, Sr Operations | ||
| James Shelford, VP Commercial | ||
| Esq BComm, Ex Officer | ||
| Cynthia Johnston, Independent Director | ||
| Allan Edgeworth, Independent Director | ||
| Randy Toone, Executive Vice President - Commercial and Business Development | ||
| Vernon Yu, CEO President | ||
| Jimmi Duce, Corporate Secretary | ||
| Phillip Knoll, Independent Director | ||
| Pentti Karkkainen, Independent Chairman of the Board | ||
| LLB BSc, Chief VP | ||
| Donald Jenkins, Executive Vice President and Presidentident - Utilities and Presidentident - Washington Gas Light Company | ||
| Kent Stout, Vice President - Corporate Resources | ||
| Hejdi Carlsen, Senior Affairs |
AltaGas 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 AltaGas 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 | 0.0653 | ||||
| Return On Asset | 0.0289 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 20.96 B | ||||
| Shares Outstanding | 297.79 M | ||||
| Shares Owned By Insiders | 0.58 % | ||||
| Shares Owned By Institutions | 35.06 % | ||||
| Number Of Shares Shorted | 3.53 M | ||||
| Price To Earning | 14.61 X |
Pair Trading with AltaGas
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 AltaGas 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 AltaGas will appreciate offsetting losses from the drop in the long position's value.Moving against AltaGas Stock
The ability to find closely correlated positions to AltaGas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AltaGas 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 AltaGas - 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 AltaGas to buy it.
The correlation of AltaGas 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 AltaGas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AltaGas 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 AltaGas 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 AltaGas Stock
AltaGas financial ratios help investors to determine whether AltaGas 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 AltaGas with respect to the benefits of owning AltaGas security.