Company
Emera Incorporated
Headquarters: Halifax, NS, Canada
Employees: 7,500
CEO: Mr. Scott Carlyle Balfour
Market Cap
C$13.96 Billion
CAD as of Jan. 1, 2024
US$10.54 Billion
Emera Incorporated Categories
Canada Utilities Utilities—DiversifiedCanada Utilities Canada Utilities—Diversified
Top Competitors by Market Capitalization
Industry: Utilities—Diversified
| Company | Market Cap (USD) |
|---|---|
| Iberdrola, SA | $81.95 B |
| Enel SpA | $75.50 B |
| EDF | $54.60 B |
| National Grid plc | $50.48 B |
| Sempra Energy | $47.84 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $127.19 B |
| China Yangtze Power Co. Ltd | $82.16 B |
| Iberdrola, SA | $81.95 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
Detailed Description
Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments. It generates electricity through coal-fired, natural gas and/or oil, hydro, wind, solar, petroleum coke, and biomass-fueled power plants. The company is also involved in the purchase, transmission, distribution, and sale of natural gas; and the provision of energy marketing, trading, and other energy asset management services. In addition, it transports re-gasified liquefied natural gas from Saint John, New Brunswick to consumers in the northeastern United States through its 145-kilometer pipeline. As of December 31, 2021, the company's electric utilities served approximately 810,600 customers in West Central Florida; 536,000 customers in Nova Scotia; 132,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and 35,700 customers in the island of Dominica, as well as gas utilities and infrastructure served approximately 445,000 customers across Florida and 542,000 customers in New Mexico. It also provides insurance and reinsurance services to Emera and its affiliates, as well as offers financing services. The company was incorporated in 1998 and is headquartered in Halifax, Canada.
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Stocks & Indices
Emera Incorporated has the following listings and related stock indices.
Stock: TSX: EMA wb_incandescent
Stock: FSX: C61 wb_incandescent
Key People
Scott Balfour (CEO)
Financials
Revenue: C$6.5 Billion (2018)
Operating income: C$1.39 Billion (2017)
Net income: C$266 Million (2017)
Total assets: C$32.2 Billion (2018)
Total equity: C$7.82 Billion (2017)