Emera Inc - Company Profile
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Emera Inc (Emera) is an energy and services company. The company has interests in electric and natural gas utilities, natural gas pipelines, energy marketing and trading and energy service businesses. Through ownership and equity investments in various companies, Emera generates, purchases, transmits and distributes electric power; procures, transmits, distributes and sells natural gas; markets and trades energy; and owns interests in pumped storage hydroelectric and other facilities. It serves residential, commercial as well as industrial customers in Canada, the US, Dominica, Barbados and the Bahamas. Emera is headquartered in Halifax, Nova Scotia, Canada.
Headquarters
Canada
Address
1223 Lower Water St., B-6th Floor, P.O. Box 910, Halifax, Nova Scotia, B3J3S8
Website
www.emera.com
Telephone
1 902 4286494
No of Employees
7,122
Industry
Power
Ticker Symbol & Exchange
EMA (TSE)
Revenue (2023)
$5.6B
-0.3%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
3.6%
(2023 vs 2022)
Market Cap*
$9.6B
Net Profit Margin (2023)
XYZ
3.9%
(2023 vs 2022)
* As of and is in US$
Emera Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Gas | Investments |
| Electricity | Transmission and Distribution of Electricity and Gas |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In April, Emera Technologies announced the completion of its rebrand to align with BlockEnergy. |
| 2022 | Contracts/Agreements | In November, the company and its subsidiary Nova Scotia Power announced that NS Power filed a proposed settlement agreement for its General Rate Application (GRA) with the Nova Scotia Utility and Review Board (UARB). |
| 2022 | Contracts/Agreements | In September, the company, Nova Scotia Power and United Way agreed to launch Hurricane Relief Fund. |
Competitor Comparison
| Key Parameters | Emera Inc | Ontario Power Generation Inc | Capital Power Corp | Newfoundland Power Inc | Maxim Power Corp |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Halifax | Toronto | Edmonton | St. John’s | Calgary |
| State/Province | Nova Scotia | Ontario | Alberta | Newfoundland and Labrador | Alberta |
| No. of Employees | 7,122 | 10,595 | 840 | - | 42 |
| Entity Type | Public | Private | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| M. Jacqueline Sheppard | Chairman | Executive Board | 2017 | - |
| Scott Balfour | President; Chief Executive Officer; Director | Executive Board | 2018 | - |
| Gregory Blunden | Chief Financial Officer | Senior Management | 2016 | - |
| Michael Roberts | Chief Human Resources Officer | Senior Management | 2014 | - |
| Chris Heck | Chief Digital Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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