Dave Labelle - Avangrid Chief Administrative Officer

AGR Stock  USD 35.75  0.08  0.22%   

Insider

Dave Labelle is Chief Administrative Officer of Avangrid since 2022.
Tenure 2 years
Address 180 Marsh Hill Road, Orange, CT, United States, 06477
Phone207 629 1190
Webhttps://www.avangrid.com

Avangrid Management Efficiency

The company has Return on Asset of 0.0168 % which means that on every $100 spent on assets, it made $0.0168 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0411 %, implying that it generated $0.0411 on every 100 dollars invested. Avangrid's management efficiency ratios could be used to measure how well Avangrid manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Avangrid's Return On Tangible Assets are relatively stable compared to the past year. As of 10/22/2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.02. At this time, Avangrid's Debt To Assets are relatively stable compared to the past year. As of 10/22/2024, Return On Assets is likely to grow to 0.02, while Other Assets are likely to drop slightly above 2.4 B.
Avangrid has 12.2 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. Avangrid has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Avangrid to invest in growth at high rates of return.

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Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 7300 people. Avangrid (AGR) is traded on New York Stock Exchange in USA. It is located in 180 Marsh Hill Road, Orange, CT, United States, 06477 and employs 8,000 people. Avangrid is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

Avangrid Leadership Team

Elected by the shareholders, the Avangrid's board of directors comprises two types of representatives: Avangrid inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avangrid. The board's role is to monitor Avangrid's management team and ensure that shareholders' interests are well served. Avangrid'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, Avangrid's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Purington, President Power
Catherine Stempien, President, Chief Executive Officer of Networks
Teresa Herbert, Independent Director
Pedro Blzquez, CEO Director
Alfredo Canto, Senior Staff
Michael McClain, Chief Officer
Douglas Stuver, Chief Financial Officer, Principal Financial Officer and Senior Vice President
Elizabeth Timm, Independent Director
Zsoka McDonald, Chief Sustainability Officer and Senior Vice President of Corporate Communications
Kimberly Harriman, Senior Communications
Santiago Garrido, Director
Jose Soto, LLC Renewables
Patricia Cosgel, Interim Chief Financial Officer, Vice President Investor and Shareholder Relations
Jose Armada, Director
German Avecilla, VP Officer
Alan Solomont, Independent Director
Peter Church, Senior Vice President - Human Resources and Corporate Administration
Ignacio Galan, Chairman of the Board
John ONeil, Senior Organization
Sonsoles Reinoso, Director
Alejandro GarciaBellido, President and Chief Executive Officer of Renewables
Robert Duffy, Independent Director
Sy Oytan, Senior Vice President - Offshore Project Management, Deputy Chief Executive Officer - Vineyard Wind 1
David Flanagan, Executive Chairman of CMP
Jose Rodriguez, Director
Patricia Jacobs, Independent Director
Charlotte Ancel, Vice Relations
Justin Lagasse, Senior CFO
John Baldacci, Vice Chairman of the Board of Directors
Scott Mahoney, VP, General Counsel and Secretary
James Torgerson, CEO, Director and Member of Executive Committee
Anthony Marone, President and Chief Executive Officer of Networks
Nacho Arronte, Chief Risk Officer, Vice President
Bill White, Offshore President and Chief Executive Officer - Avangrid Renewables, LLC
Scott Tremble, Senior Vice President - Controller, Principal Accounting Officer
Kyra Patterson, Chief Human Resource Officer, Senior Vice President
Robert Kump, President, Interim Principal Executive Officer
Dennis Arriola, Chief Executive Officer, Director
Nelly Jefferson, Chief Officer
Daniel Lopez, Director
Jose Miranda, Onshore President and Chief Executive Officer - Avangrid Renewables
Franklyn Reynolds, President and Chief Executive Officer of UIL
Dave Labelle, Chief Administrative Officer
Ignacio Estella, Senior Vice President – Corporate Development
Pedro Blazquez, CEO Director
John Lahey, Independent Director
Alvaro Ortega, Vice President - Finance
R Mahoney, Senior Vice President, General Counsel, Corporate Secretary
Carl Taylor, President and Chief Executive Officer of NYSEG and RG&E
Alvaro Sebastian, Investor Finance

Avangrid 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 Avangrid 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.

Pair Trading with Avangrid

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 Avangrid 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 Avangrid will appreciate offsetting losses from the drop in the long position's value.

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Moving against Avangrid Stock

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The ability to find closely correlated positions to Avangrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avangrid 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 Avangrid - 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 Avangrid to buy it.
The correlation of Avangrid 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 Avangrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avangrid 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 Avangrid 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.
Pair CorrelationCorrelation Matching

Additional Tools for Avangrid Stock Analysis

When running Avangrid's price analysis, check to measure Avangrid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.