A Tonken - Birchcliff Energy Chairman

BIR Stock  CAD 5.42  0.10  1.81%   

Chairman

Mr. A. Jeffery Tonken serves as President Chief Executive Officer and Director of Birchcliff Energy Ltd. Mr. Tonken is a director of the Corporation and is the President and Chief Executive Officer. He has more than 35 years of experience in the oil and natural gas industry and is one of the Corporationrationrations founders. Prior to creating Birchcliff Mr. Tonken founded and served as President and Chief Executive Officer of Case Resources Inc. Big Bear Exploration Ltd. and Stampeder Exploration Ltd. Mr. Tonken was previously a partner of the law firm Howard Mackie . Mr. Tonken is a Governor of the Canadian Association of Petroleum Producers since 2017.
Age 62
Tenure 7 years
Address 600 - 3rd Avenue S.W., Calgary, AB, Canada, T2P 0G5
Phone403 261 6401
Webhttps://www.birchcliffenergy.com
Tonken received his Bachelor of Commerce degree from the University of Alberta and his Bachelor of Laws degree from the University of Wales.

Birchcliff Energy Management Efficiency

The company has return on total asset (ROA) of 0.0182 % which means that it generated a profit of $0.0182 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0181 %, meaning that it generated $0.0181 on every $100 dollars invested by stockholders. Birchcliff Energy's management efficiency ratios could be used to measure how well Birchcliff Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to 0. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Birchcliff Energy's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 3.3 B, while Non Currrent Assets Other are likely to drop about 7.9 M.
Birchcliff Energy has accumulated 384.71 M in total debt with debt to equity ratio (D/E) of 0.51, which is about average as compared to similar companies. Birchcliff Energy has a current ratio of 0.26, 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 Birchcliff Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Birchcliff Energy'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 Birchcliff Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Birchcliff to invest in growth at high rates of return. When we think about Birchcliff Energy's use of debt, we should always consider it together with cash and equity.

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Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids in Western Canada. Birchcliff Energy Ltd. was founded in 2004 and is headquartered in Calgary, Canada. BIRCHCLIFF ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 205 people. Birchcliff Energy (BIR) is traded on Toronto Exchange in Canada and employs 218 people. Birchcliff Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Birchcliff Energy Leadership Team

Elected by the shareholders, the Birchcliff Energy's board of directors comprises two types of representatives: Birchcliff Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Birchcliff. The board's role is to monitor Birchcliff Energy's management team and ensure that shareholders' interests are well served. Birchcliff Energy'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, Birchcliff Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hue Tran, Vice Marketing
Dennis Dawson, Lead Independent Director
Stacey McDonald, Independent Director
Robyn Bourgeois, General Legal
Bruno CA, CFO VP
Myles Bosman, Chief Operating Officer, Vice President - Exploration
Daniel Sharp, Manager Geology
Bruno Geremia, Chief Financial Officer, Vice President
David Humphreys, Vice President - Operations
Gaetano Aurigemma, Manager Accounting
Jesse Doenz, Controller Relations
CA CA, CFO VP
Jefferey Tonken, CEO and President and Non-Independent Director
Christopher Carlsen, Vice-President - Engineering
Theo Werken, Chief Officer
Michelle Rodgerson, Manager Services
A Tonken, Chairman of the Board, President, Chief Executive Officer
Debra Gerlach, Independent Director
Duane Thompson, Vice Operations
James Surbey, Vice President - Corporate Development
Myles PGeol, Ex Exploration

Birchcliff 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 Birchcliff Energy 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 Birchcliff Energy

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

Moving against Birchcliff Stock

  0.76ENS E Split CorpPairCorr
  0.76FFH Fairfax FinancialPairCorr
  0.68ENB-PFV Enbridge Pref 5PairCorr
  0.68FFH-PC Fairfax Fin HldPairCorr
  0.57ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to Birchcliff Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Birchcliff Energy 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 Birchcliff Energy - 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 Birchcliff Energy to buy it.
The correlation of Birchcliff Energy 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 Birchcliff Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Birchcliff Energy 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 Birchcliff Energy 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 Birchcliff Stock

Birchcliff Energy financial ratios help investors to determine whether Birchcliff 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 Birchcliff with respect to the benefits of owning Birchcliff Energy security.