Grant Fagerheim - Advantage Oil Independent Director

AAV Stock  CAD 8.90  0.30  3.26%   

Director

Mr. Grant B. Fagerheim is Independent Director of Advantage Oil Gas Ltd. He is a Chairman, President and Chief Executive Officer of Whitecap Resources Inc., a public oil and gas company, since June 2008. Mr. Fagerheim has over 30 years of diverse experience in both the upstream and downstream areas of the oil and gas business. Prior to establishing Whitecap Resources Inc., Mr. Fagerheim was the President and Chief Executive Officer and a Director of Cadence Energy Inc., a public oil and gas company, from January 2005 to September 2008 since 2014.
Age 60
Tenure 10 years
Professional MarksMBA
Address Millennium Tower, Calgary, AB, Canada, T2P 5E9
Phone403 718 8000
Webhttps://www.advantageog.com
Fagerheim received his Bachelor degree in Education from the University of Calgary in 1983 and attended the Executive MBA program at Queen University in 1995.

Advantage Oil Management Efficiency

The company has return on total asset (ROA) of 0.0293 % which means that it generated a profit of $0.0293 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0279 %, meaning that it generated $0.0279 on every $100 dollars invested by stockholders. Advantage Oil's management efficiency ratios could be used to measure how well Advantage Oil manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Advantage Oil's Return On Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Assets is likely to grow to 0.05, while Return On Capital Employed is likely to drop 0.08. At this time, Advantage Oil's Other Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.05, while Total Assets are likely to drop about 1.4 B.
Advantage Oil Gas has accumulated 353.98 M in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Advantage Oil Gas has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Advantage Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Advantage Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Advantage Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Advantage to invest in growth at high rates of return. When we think about Advantage Oil's use of debt, we should always consider it together with cash and equity.

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Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. Advantage Energy Ltd. was founded in 2001 and is headquartered in Calgary, Canada. ADVANTAGE OIL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 42 people. Advantage Oil Gas (AAV) is traded on Toronto Exchange in Canada and employs 86 people. Advantage Oil is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Advantage Oil Gas Leadership Team

Elected by the shareholders, the Advantage Oil's board of directors comprises two types of representatives: Advantage Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Advantage. The board's role is to monitor Advantage Oil's management team and ensure that shareholders' interests are well served. Advantage Oil'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, Advantage Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ronald McIntosh, Interim Independent Non-Executive Chairman of the Board
Andy Mah, President, Chief Executive Officer, Director
Paul Haggis, Independent Director
Craig Blackwood, Chief Financial Officer, Vice President - Finance
Michael Belenkie, Chief Operating Officer
Geoff Keyser, VP Development
Neil Bokenfohr, Senior Vice President
Jill Angevine, Independent Director
Grant Fagerheim, Independent Director
Stephen Balog, Independent Director
Brian CFA, Director Markets
David Sterna, Vice President Marketing and Commercial
Jay Reid, Corporate Secretary
Anthony Coombs, Controller
Darren Tisdale, Vice Geosciences

Advantage 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 Advantage Oil 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 Advantage Oil

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

Moving against Advantage Stock

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

Other Information on Investing in Advantage Stock

Advantage Oil financial ratios help investors to determine whether Advantage Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Advantage with respect to the benefits of owning Advantage Oil security.