Thomas Simons - CES Energy CEO
| CEU Stock | CAD 9.49 0.03 0.32% |
CEO
Mr. Thomas J. Simons is President, Chief Executive Officer, NonIndependent Director of Canadian Energy Services Technology Corporationration Prior thereto, Mr. Simons was the President and Chief Executive Officer and one of the principals of Impact Fluid Systems Inc. Mr. Simons has over 20 years of experience in the Canadian oilfield service industry and has worked as a Technical Sales Manager for Newpark Canada and Protec Mud Services and as a technician with MI Drilling Fluids Ltd. since 2010.
| Age | 50 |
| Tenure | 14 years |
| Address | 332-6th Avenue SW, Calgary, AB, Canada, T2P 0B2 |
| Phone | 403 269 2800 |
| Web | https://www.cesenergysolutions.com |
CES Energy Management Efficiency
The company has return on total asset (ROA) of 0.1158 % which means that it generated a profit of $0.1158 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2842 %, meaning that it generated $0.2842 on every $100 dollars invested by stockholders. CES Energy's management efficiency ratios could be used to measure how well CES Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.13. Also, Return On Capital Employed is likely to grow to 0.22. At this time, CES Energy's Return On Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Fixed Asset Turnover is likely to grow to 7.08, while Total Assets are likely to drop about 834.6 M.Similar Executives
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| Dale Dusterhoft | Trican Well Service | 63 | |
| Andy Mah | Advantage Oil Gas | 58 | |
| Rene CGA | Secure Energy Services | 63 | |
| David Wilson | Kelt Exploration | 64 | |
| Bradley MBA | Trican Well Service | 54 | |
Management Performance
| Return On Equity | 0.28 | ||||
| Return On Asset | 0.12 |
CES Energy Solutions Leadership Team
Elected by the shareholders, the CES Energy's board of directors comprises two types of representatives: CES Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CES. The board's role is to monitor CES Energy's management team and ensure that shareholders' interests are well served. CES 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, CES Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kenneth Zinger, Chief Operating Officer and President, Canadian Drilling Fluids | ||
| Thomas Simons, President, Chief Executive Officer, Non-Independent Director | ||
| Spencer Armour, Independent Director | ||
| Michael Hallat, President Limited | ||
| Richard Baxter, President US Drilling Fluids | ||
| Philip Scherman, Independent Director | ||
| John Hooks, Independent Director | ||
| James Pasieka, Corporate Secretary | ||
| Kyle Kitagawa, Independent Chairman of the Board | ||
| Vernon Disney, President US Production Chemicals | ||
| Stella Cosby, Independent Director | ||
| Mihir Patel, President Fluids | ||
| James Strickland, President Fluids | ||
| Anthony Aulicino, Chief Financial Officer | ||
| Matthew Bell, Director Secretary |
CES 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 CES 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.
| Return On Equity | 0.28 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 2.57 B | ||||
| Shares Outstanding | 226.52 M | ||||
| Shares Owned By Insiders | 3.00 % | ||||
| Shares Owned By Institutions | 42.22 % | ||||
| Number Of Shares Shorted | 2.17 M | ||||
| Price To Earning | 9.73 X |
Pair Trading with CES 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 CES 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 CES Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with CES Stock
Moving against CES Stock
The ability to find closely correlated positions to CES 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 CES 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 CES 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 CES Energy Solutions to buy it.
The correlation of CES 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 CES Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CES Energy Solutions 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 CES 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.Other Information on Investing in CES Stock
CES Energy financial ratios help investors to determine whether CES 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 CES with respect to the benefits of owning CES Energy security.