Masschusetts Green Bubble Alert: EnerNOC
May 14, 2012
"Who's a Fat Cat?"
"Who is the most over paid?"
"The most overpaid executives are at Comverge and EnerNOC, both in absolute millions of dollars, and as a percentage of market capitalization."
ENOC former VP Phil Giudice served as undersecretary to Ian Bowles MA Executive Office of Energy and Environmental Affairs
'State energy agency awards $10M pact to chief’s ex-firm'
“State energy commissioner Phil Giudice’s former employer, EnerNOC Inc., was recently
awarded a $10 million economic-stimulus contract by Giudice’s own department,
raising ethical questions from a top government watcher.”
Susan F. Tierney former Assistant Secretary by US Department of Energy, Secretary-Environmental Affairs by State of Massachusetts Dr. Susan F. Tierney is Independent Director at EnerNOC, Inc., She also served on the board at Evergreen Solar, Inc.
At $10 million, the Enterprise Energy Management System (EEMS) contract
represents nearly 20 percent of State Energy Program funding awarded to
Massachusetts by the U.S. Department of Energy under the American Recovery and
Reinvestment Act (ARRA).
The EEMS contract calls for tracking energy use at 33 state-owned
sites encompassing 470 buildings throughout the Commonwealth. EnerNOC will
install and monitor state-of-the-art energy meters to measure the performance
SEC Form 10K
Risks Related to Our
Our future profitability is uncertain and we may continue to incur net losses in the future.
As of December 31, 2011, we had an accumulated deficit of $81.1 million. For the year
ended December 31, 2011, we incurred a net loss of $13.4 million. Although we
achieved profitability for the year ended December 31, 2010, with net income of
$9.6 million, we incurred net losses for all other fiscal years since our
inception, including the year ended December 31, 2011, and we expect to incur
additional operating losses in the near term.
Enernoc Falls Most on Record After Forecasting Loss; Ratings Cut
By Christopher Martin - Aug 9, 2011
Enernoc Inc. (ENOC), a company that helps utilities reduce power demand
during peak hours, had its biggest decline in Nasdaq Stock Market trading after
forecasting a loss for the year. Five analysts lowered their ratings on the
[cut]: this article continues to describe a 39% slump the Boston company valued, continue reading:
On February 5, 2011, EnerNOC's Chief Operating Officer resigned.
On Friday, February 11, 2011, analyst firm Deutsche Bank issued a cautionary client note warning of potential stock drops because of double-counting. On the same day, Deutsche Bank analyst Carter Shoop downgraded the price target for EnerNOC from $29 to $21 based on legations of double-counting. [cut] continue reading:
EnerNOC Stock Hits New 52-Week Low (ENOC)
By TheStreet Wire 04/04/12 - 09:11 AM EDT
NEW YORK (TheStreet) -- EnerNOC (Nasdaq:ENOC) hit a new 52-week low Wednesday as it is currently trading at $7.06, below its previous 52-week low of $7.08 with 14,574 shares traded as of 9:45 a.m. ET. Average volume has been 334,700 shares over the past 30 days.
EnerNOC has a market cap of $250.2 million and is part of the services sector and diversified services industry. Shares are down 33.6% year to date as of the close of trading on Tuesday. [cut] continue reading: