Summary
EMRAF Chart
Emera: The Utility Serving Florida's Fast-Growing Energy Needs, Buy
Emera unveiled a $20B five-year capital plan, targeting 7-8% rate base growth and 5-7% adjusted EPS growth through 2027. EMA's growth is driven by strong demand in Florida, with 70% of adjusted net income from U.S. operations and major investments in Tampa Electric. Dividend growth continues with a 1% increase, a current yield of 4.4%, and guidance for 1-2% annual growth, though at a slower pace than previous years.
Emera Incorporated (EMRAF) Q1 2025 Earnings Call Transcript
Emera Incorporated (OTCPK:EMRAF) Q1 2025 Results Conference Call May 8, 2025 8:30 AM ET Company Participants Dave Bezanson - Vice President, Investor Relations & Pensions Scott Balfour - President & Chief Executive Officer Greg Blunden - Chief Financial Officer Archibald Collins - President & CEO of Tampa Electric Peter Gregg - President & Chief Executive Officer, NS Power Karen Hutt - Chief Strategy & Growth Officer Conference Call Participants Rob Hope - Scotiabank Maurice Choy - RBC Capital Markets Mark Jarvi - CIBC Ben Pham - BMO Capital Markets Operator Good morning, and welcome to the Emera Q1 2025 Earnings Conference Call. [Operator Instructions] Following the presentation, we will conduct a question-and-answer session.
Emera Incorporated (EMRAF) Q4 2024 Earnings Call Transcript
Emera Incorporated (OTCPK:EMRAF) Q4 2024 Earnings Call Transcript February 21, 2025 8:30 AM ET Company Participants David Bezanson - Vice President , Investor Relations and Pensions Scott Balfour - President and Chief Executive Officer Greg Blunden - Chief Financial Officer Peter Gregg - President and Chief Executive Officer, NS Power Conference Call Participants Robert Hope - Scotiabank Maurice Choy - RBC Capital Markets Mark Jarvi - CIBC Ben Pham - BMO Capital Markets Patrick Kenny - National Bank Financial Operator Good afternoon, ladies and gentlemen. And welcome to the Emera Inc. Fourth Quarter 2024 and Annual Financial Results Conference Call.
Emera Incorporated Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 5,005 | $239,965.75 | $239,965.75 | - | - |
 Point72 Asset Management LP Point72 Asset Management LP | 1.03M | $53.12M | $53.12M | - | - |
 Joseph Castro Nuveen LLC | 211,756 | $9.7M | $9.68M | -$20,007.39 | -0.21% |
 Christina Forster Pazienza Guardian Partners Inc. | 186,438 | $8.57M | $8.52M | -$44,220.01 | -0.52% |
 Bobby Adusumilli SJS Investment Consulting Inc. | 2 | $0.1 | $0.1 | - | - |
Emera Incorporated (EMRAF) FAQ
What does "Delisted" mean?
What was the last recorded dividend?
How long did the company pay dividends?
Were there any stock splits?
What was the last known trading price?
Emera Incorporated Profile
| Electric Utilities Industry | Utilities Sector | Scott Carlyle Balfour CEO | NYSE Exchange | 290876101 CUSIP |
| CA Country | 7,812 Employees | 1 May 2025 Last Dividend | - Last Split | - IPO Date |
Overview
Emera Incorporated is an energy company involved in the generation, transmission, and distribution of electricity and natural gas across North America. With its operations spread through various segments, including Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments, Emera serves a diverse range of customers. The company has a broad portfolio of energy sources, including natural gas, solar, hydroelectricity, coal, and biomass, affirming its commitment to meeting the dynamic needs of its consumer base. Incorporated in 1998, Emera has its headquarters in Halifax, Canada, positioning it strategically in the energy market of North America. As of December 31, 2023, Emera has established a robust presence, especially in regions like West Central Florida, Nova Scotia, the island of Barbados, Grand Bahama Island, Florida, and New Mexico, catering to over a million customers.
Products and Services
Electricity Generation: Emera’s diverse energy mix, including natural gas, solar, hydroelectricity, coal, and biomass power plants, enables the company to generate electricity reliably. This variety not only ensures a stable supply of electricity to their customers but also positions Emera as a versatile player in the energy sector, capable of adapting to changing market demands and environmental standards.
Natural Gas Distribution: Beyond electricity, Emera plays a significant role in the natural gas market. The company’s involvement in the purchase, transmission, distribution, and sale of natural gas underscores its commitment to providing comprehensive energy solutions. With hundreds of thousands of customers relying on its gas utilities and infrastructure, Emera has established a strong foothold in the natural gas sector.
Energy Marketing and Trading: Emera’s services extend into the realms of energy marketing, trading, and other energy asset management services. This aspect of their operations reflects a strategic approach to leveraging market opportunities, enhancing the company's ability to manage assets effectively and maximize profitability in the competitive energy market.
Liquefied Natural Gas (LNG) Transport: The company’s involvement in transporting re-gasified liquefied natural gas from Saint John, New Brunswick, to consumers in the northeastern United States through a 145-kilometer pipeline is a testament to its capacity in handling comprehensive energy logistics. This service not only expands Emera’s market reach but also highlights its capability in managing complex supply chains in the energy domain.
