Byron Wong - Ormat Technologies Independent Director

HNM Stock  EUR 77.28  0.34  0.44%   

Director

Mr. Byron Wong serves as Independent Director of the company. Mr. Wong was a private energy consultant following his retirement from Chevron Corporation at the end of 2012 after more than 31 years with Chevron, its affiliates and predecessor companies. While at Chevron, from 2001 to 2012, Mr. Wong was Senior Vice President Commercial Development for Chevron Global Power Company, managing a team of professionals in identifying and developing opportunities for independent power projects to monetize Chevrons gas in the region, and also participating as a member of a decision review board for overseeing Chevrons geothermal development opportunities in Indonesia and the Philippines. Prior to the merger with Chevron in 2001, Mr. Wong established and staffed the initial Asian office location for Texaco Power and Gasification in Singapore in 1999. Before moving to Singapore, from 1995 to 1999 Mr. Wong was based in London with Texaco Europe, first as the Director of New Business Development for CentralEastern Europe and Former Soviet Union, with primary responsibility for developing Texacos downstream entry into this region then second, from 1998 to early 1999 as Vice President of Upstream Corporationrationrate Development for Europe, Eurasia, Middle East and North Africa, focusing on opportunities for upstream oil and gas mergers, divestments and acquisitions since 2017.
Age 67
Tenure 7 years
Professional MarksMBA
Phone775 356 9029
Webhttps://www.ormat.com
Wong received both his BA in Economics and his MBA in Finance from the University of California at Los Angeles.

Byron Wong Latest Insider Activity

Tracking and analyzing the buying and selling activities of Byron Wong against Ormat Technologies stock is an integral part of due diligence when investing in Ormat Technologies. Byron Wong insider activity provides valuable insight into whether Ormat Technologies is net buyers or sellers over its current business cycle. Note, Ormat Technologies insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ormat Technologies'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Ormat Technologies Management Efficiency

The company has return on total asset (ROA) of 0.0257 % which means that it generated a profit of $0.0257 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0385 %, meaning that it generated $0.0385 on every $100 dollars invested by stockholders. Ormat Technologies' management efficiency ratios could be used to measure how well Ormat Technologies manages its routine affairs as well as how well it operates its assets and liabilities.
Ormat Technologies has accumulated 1.84 B in total debt with debt to equity ratio (D/E) of 0.73, which is about average as compared to similar companies. Ormat Technologies has a current ratio of 2.34, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ormat Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Ormat Technologies' 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 Ormat Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ormat to invest in growth at high rates of return. When we think about Ormat Technologies' use of debt, we should always consider it together with cash and equity.

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DIRECTOR Age

Helen BouyguesNeoen SA
47
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. ORMAT TECHNOLOG operates under UtilitiesRenewable classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1402 people. Ormat Technologies (HNM) is traded on Frankfurt Exchange in Germany and employs 1,480 people.

Management Performance

Ormat Technologies Leadership Team

Elected by the shareholders, the Ormat Technologies' board of directors comprises two types of representatives: Ormat Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ormat. The board's role is to monitor Ormat Technologies' management team and ensure that shareholders' interests are well served. Ormat Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ormat Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ravit Barniv, Independent Director
Smadar Lavi, Vice President Corporate Finance, Head of Investor Relations
Hezi Kattan, Chief Compliance Officer, General Counsel
Shimon Hatzir, Senior Vice President - Engineering
Shlomi Argas, President, Executive Vice President - Operations and Products
Ofer Benyosef, Exec Devel
Stanley Stern, Independent Director
Dan Falk, Independent Director
Bob Sullivan, Executive Vice President of Sales and Marketing and Business Development
Doron Blachar, President, Chief Financial Officer
Jessica Woelfel, Chief Counsel
Etty Rosner, Senior Vice President - Contract Management, Corporate Secretary
David Granot, Independent Director
Zvi Krieger, Executive Vice President - Geothermal Resource
Byron Wong, Independent Director
Dafna Sharir, Independent Director
Liza Tavori, VP HR
Isaac Angel, Chief Executive Officer
Stan Koyanagi, Independent Director
Assaf Ginzburg, President, Chief Financial Officer

Ormat 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 Ormat Technologies 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.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Ormat Stock

When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Ormat Stock please use our How to Invest in Ormat Technologies guide.
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Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' 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.