Douglas Ramsay - Calfrac Well Chairman

CFW Stock  CAD 3.97  0.05  1.24%   

Chairman

Mr. Douglas R. Ramsay is Vice Chairman of the Board of Calfrac Well Services Ltd. Mr. Ramsay is a founder and the Vice Chairman of the Corporationrationration, and he has served as a member of the board of directors of the Corporation since its formation in 1999. Mr. Ramsay also served as President and Chief Executive Officer of the Corporation from its inception to November 1, 2010 and as Chief Executive Officer from November 1, 2010 until December 31, 2013 since 2014.
Age 68
Tenure 10 years
Address 407 - 8th Avenue SW, Calgary, AB, Canada, T2P 1E5
Phone866-770-3722
Webhttps://calfrac.com
Ramsay has an extensive background in the oil and natural gas industry. Prior to 1994, Mr. Ramsay was the President of Canadian Fracmaster Ltd., where he spent 12 years enhancing the overall presence such company in Canada and worldwide. Previous industry experience as a Project Manager for Delta Consultants, Drilling and Completions Foreman for Dome Petroleum Corporationrationration, and Service Operator for BJ Well Services Company has contributed to Mr. Ramsay overall knowledge of the industry.

Calfrac Well Management Efficiency

The company has return on total asset (ROA) of 0.0426 % which means that it generated a profit of $0.0426 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0454 %, meaning that it generated $0.0454 on every $100 dollars invested by stockholders. Calfrac Well's management efficiency ratios could be used to measure how well Calfrac Well manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.18. Also, Return On Capital Employed is likely to grow to 0.24. At this time, Calfrac Well's Return On Assets are very stable compared to the past year. As of the 26th of November 2024, Asset Turnover is likely to grow to 1.74, while Total Assets are likely to drop about 986.1 M.
Calfrac Well Services has accumulated 275.2 M in total debt with debt to equity ratio (D/E) of 4.13, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Calfrac Well Services has a current ratio of 2.24, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Calfrac Well until it has trouble settling it off, either with new capital or with free cash flow. So, Calfrac Well'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 Calfrac Well Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Calfrac to invest in growth at high rates of return. When we think about Calfrac Well's use of debt, we should always consider it together with cash and equity.

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Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, Russia, and Argentina. Calfrac Well Services Ltd. was founded in 1999 and is headquartered in Calgary, Canada. CALFRAC WELL operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 3300 people. Calfrac Well Services (CFW) is traded on Toronto Exchange in Canada and employs 2,400 people. Calfrac Well is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Calfrac Well Services Leadership Team

Elected by the shareholders, the Calfrac Well's board of directors comprises two types of representatives: Calfrac Well inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Calfrac. The board's role is to monitor Calfrac Well's management team and ensure that shareholders' interests are well served. Calfrac Well'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, Calfrac Well's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Sutherland, President - Russian Division
Scott Treadwell, Vice President - Capital Markets and Strategy
Roderick Kuntz, Vice President - Health, Safety and Environment
Edward Oke, Vice President - Human Resources
Gordon Milgate, Vice President - Operations, Canadian Division
B Paslawski, Vice President - Corporate Development, Corporate Secretary
Lindsay PEng, COO Pres
Douglas Ramsay, Co Founder, Vice Chairman and Member of Health, Safety and Environment Committee
Fred Toney, President - U.S. Division
James Brown, Vice Services
Ronald Mathison, Co-Founder, Independent Chairman, Member of Audit Committee and Member of Compensation Committee
Chris Gall, Vice President - Global Supply Chain
Tom Medvedic, Senior Vice President - Corporate Development
Michael Olinek, Vice President - Finance
Lindsay Link, President, Chief Operating Officer, Director
Gregory Fletcher, Lead Independent Director
Marco Aranguren, Director General - Argentina Division
Brent Merchant, Vice Marketing
James Blair, Independent Director
O Bertolin, Director General - Latin American Division
Kevin Baker, Independent Director
Chad Leier, Vice President - Sales, Marketing and Engineering, U.S. Division
J Aguilar, President, Chief Executive Officer, Director
Freddie Toney, VP Sales
Jeffrey Ellis, General Secretary
Lorne Gartner, Independent Director
Mark Rosen, Vice President - Operations, United States Division
BComm BCom, CoFounder Chairman
Patrick Powell, CEO Director
Gary Rokosh, Vice President - Sales, Marketing and Engineering, Canadian Division
Mark Ellingson, Vice President - Sales and Marketing, U.S. Division
Jon Koop, Vice Resources
J Brown, Vice President - Technical Services

Calfrac 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 Calfrac Well 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 Calfrac Well

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 Calfrac Well 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 Calfrac Well will appreciate offsetting losses from the drop in the long position's value.

Moving against Calfrac Stock

  0.54ENB-PFU Enbridge Pref LPairCorr
  0.49ENB-PFV Enbridge Pref 5PairCorr
  0.39ENS E Split CorpPairCorr
The ability to find closely correlated positions to Calfrac Well could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calfrac Well 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 Calfrac Well - 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 Calfrac Well Services to buy it.
The correlation of Calfrac Well 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 Calfrac Well moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calfrac Well Services 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 Calfrac Well 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 Calfrac Stock

Calfrac Well financial ratios help investors to determine whether Calfrac 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 Calfrac with respect to the benefits of owning Calfrac Well security.