Jean Trudel - Innergex Renewable President
| INE Stock | CAD 8.65 0.33 3.97% |
President
Mr. Jean Trudel is the Chief Investment Officer of the Company. He was Senior Vice President Communications, Chief Investment Officer of Innergex Renewable Energy Inc. Prior to that time, he was Vice President, Corporationrationrate Development of Innergex GP . Mr. Trudel is responsible for the financing of new projects, the evaluation of potential acquisitions, the financial management of the affairs of the Corporation and investor relations. Prior to joining the Corporation and Innergex GP, Mr. Trudel worked for Sun Life Assurance Company of Canada from 1999 to 2002 as Director, Investment Project Finance for Qubec and Atlantic Canada and was Account Officer with the Corporationrationrate Banking Forestry Group of the Bank of Nova Scotia from 1996 to 1999. Mr. Trudel was a Board Member of the Association qubcoise de la production dnergie renouvelable from March 2000 to December 2007 since 2019.
| Tenure | 5 years |
| Professional Marks | MBA |
| Address | 1225 Saint-Charles Street West, Longueuil, QC, Canada, J4K 0B9 |
| Phone | 450 928 2550 |
| Web | https://www.innergex.com |
Innergex Renewable Management Efficiency
The company has return on total asset (ROA) of 0.0202 % which means that it generated a profit of $0.0202 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0921) %, meaning that it generated substantial loss on money invested by shareholders. Innergex Renewable's management efficiency ratios could be used to measure how well Innergex Renewable manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to -0.01. In addition to that, Return On Capital Employed is likely to drop to 0.02. At this time, Innergex Renewable's Total Assets are very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 8.8 B, while Net Tangible Assets are likely to drop (211.2 M).Similar Executives
| Found 10 records | PRESIDENT Age | ||
| Bruno Guilmette | Boralex | 58 | |
| Patrick Decostre | Boralex | 51 | |
| B Chisholm | Capital Power | 56 | |
| Nicolas Wolff | Boralex | N/A | |
| Mark Zimmerman | Capital Power | 45 | |
| Jacquelyn Pylypiuk | Capital Power | 55 | |
| Pascal Hurtubise | Boralex | N/A | |
| Darcy Trufyn | Capital Power | 61 | |
| Hugues Girardin | Boralex | N/A | |
| Bryan DeNeve | Capital Power | 59 | |
Management Performance
| Return On Equity | -0.0921 | ||||
| Return On Asset | 0.0202 |
Innergex Renewable Energy Leadership Team
Elected by the shareholders, the Innergex Renewable's board of directors comprises two types of representatives: Innergex Renewable inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Innergex. The board's role is to monitor Innergex Renewable's management team and ensure that shareholders' interests are well served. Innergex Renewable'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, Innergex Renewable's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kristine Labrunye, Head Relations | ||
| Louis Veci, Director | ||
| MSc PEng, VP Projects | ||
| Guillaume Jumel, VP France | ||
| Matthew Kennedy, Vice President - Environment, Western Region | ||
| Yves Baribeault, Vice President – Legal Affairs, Operations and Projects | ||
| Jean Trudel, Senior Vice President - Communications, Chief Investment Officer | ||
| Jean Couture, Independent Chairman of the Board | ||
| MSc MBA, Vice Financing | ||
| Ouma Sananikone, Independent Director | ||
| Francois Hebert, Senior Vice President - Operations and Maintenance | ||
| Michel MBA, CEO President | ||
| Jean Perron, Senior Vice President - Management Advisor | ||
| Richard Blanchet, Senior Vice President – Development, Western Canada and Latin America | ||
| Monique Mercier, Independent Director | ||
| Nathalie Francisci, Independent Director | ||
| MBA PGeo, VP America | ||
| Eng LLB, Chief Sec | ||
| Eng ING, Chief Officer | ||
| Nathalie Theberge, Corporate Secretary, Senior Director – Corporate Legal Affairs | ||
| Alexandra MBA, Chief Officer | ||
| Dalton McGuinty, Independent Director | ||
| Anne Cliche, Vice President - Organizational Development and Talent Management | ||
| Naji CFA, Director Relations | ||
| Michel Letellier, President, Chief Executive Officer, Non-independent Director | ||
| Jean MBA, Chief Officer | ||
| Peter Grover, Senior Vice President - Hydroelectric, Wind and Solar Energy | ||
| Daniel Lafrance, Independent Vice Chairman of the Board | ||
| Alex Couture, VP Canada | ||
| Sophie Pilkington, Senior Compliance | ||
| JeanFrancois Neault, Chief Financial Officer | ||
| Ross Beaty, Independent Director | ||
| Richard Gagnon, Independent Director | ||
| Renaud Trenquellon, Senior Vice President – Hydroelectric Projects Management | ||
| Claude Chartrand, Vice President - Engineering | ||
| MBA MBA, Chief Officer | ||
| MSc ING, Chief Officer | ||
| Jaime Pino, VP Chile | ||
| Karine Vachon, Director Communications |
Innergex 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 Innergex Renewable 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 | -0.0921 | ||||
| Return On Asset | 0.0202 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 8.04 B | ||||
| Shares Outstanding | 202.41 M | ||||
| Shares Owned By Insiders | 20.48 % | ||||
| Shares Owned By Institutions | 36.56 % | ||||
| Number Of Shares Shorted | 6.59 M | ||||
| Price To Earning | 98.93 X |
Pair Trading with Innergex Renewable
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 Innergex Renewable 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 Innergex Renewable will appreciate offsetting losses from the drop in the long position's value.Moving against Innergex Stock
| 0.73 | JPM | JPMorgan Chase | PairCorr |
| 0.64 | RY-PS | Royal Bank | PairCorr |
| 0.62 | RY-PM | Royal Bank | PairCorr |
| 0.61 | BOFA | Bank of America | PairCorr |
| 0.52 | RY-PJ | Royal Bank | PairCorr |
The ability to find closely correlated positions to Innergex Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innergex Renewable 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 Innergex Renewable - 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 Innergex Renewable Energy to buy it.
The correlation of Innergex Renewable 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 Innergex Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innergex Renewable 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 Innergex Renewable 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 Innergex Stock
Innergex Renewable financial ratios help investors to determine whether Innergex 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 Innergex with respect to the benefits of owning Innergex Renewable security.