Patrick Jamieson - Computer Modelling Independent Director

CMG Stock  CAD 10.35  0.12  1.15%   

Director

Dr. Patrick R. Jamieson, Ph.D., is an Independent Director of Computer Modelling Group Ltd. Dr. Jamieson was an independent oil and gas technology consultant since August 2011. From May 2004 to July 2011, he was Senior Advisor and General Manager, Technology and Reservoir Modelling at Nexen Inc., a public oil and gas company listed on the Toronto Stock Exchange and the New York Stock Exchange. Dr. Jamieson also served as Chairman of CMG Reservoir Simulation Foundation, a notforprofit research company, from February 2007 until July 2016. From July 2002 to April 2004, Dr. Jamieson was Vice President, Energy, of the Saskatchewan Research Council. From October 1995 to December 2000, he was the President and CEO of CFER Technologies Inc., Edmonton. Prior to October 1995, Dr. Jamieson held various management positions with Imperial Oil Limited and ExxonMobil Corporation in Canada and the United States. Dr. Jamieson has more than 30 years of management experience in the energy industry, including in the areas of research and application of related technologies since 2007.
Age 66
Tenure 17 years
Address 3710 33 Street NW, Calgary, AB, Canada, T2L 2M1
Phone403 531 1300
Webhttps://www.cmgl.ca
Jamieson has a Ph. D. in Chemistry from the University of British Columbia and BS degree in Chemistry from the University of Alberta.

Computer Modelling Management Efficiency

The company has return on total asset (ROA) of 0.1279 % which means that it generated a profit of $0.1279 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3656 %, meaning that it generated $0.3656 on every $100 dollars invested by stockholders. Computer Modelling's management efficiency ratios could be used to measure how well Computer Modelling 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 drop to 0.14. In addition to that, Return On Capital Employed is likely to drop to 0.31. At this time, Computer Modelling's Asset Turnover is very stable compared to the past year.
Computer Modelling Group has accumulated 36.96 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Computer Modelling has a current ratio of 1.76, which is within standard range for the sector. Debt can assist Computer Modelling until it has trouble settling it off, either with new capital or with free cash flow. So, Computer Modelling'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 Computer Modelling sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Computer to invest in growth at high rates of return. When we think about Computer Modelling's use of debt, we should always consider it together with cash and equity.

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Computer Modelling Group Ltd., a computer software technology company, develops and licenses reservoir simulation software in Canada. Computer Modelling Group Ltd. was founded in 1978 and is headquartered in Calgary, Canada. COMPUTER MODELLING operates under SoftwareApplication classification in Canada and is traded on Toronto Stock Exchange. It employs 204 people. Computer Modelling Group (CMG) is traded on Toronto Exchange in Canada and employs 289 people. Computer Modelling is listed under Application Software category by Fama And French industry classification.

Management Performance

Computer Modelling Leadership Team

Elected by the shareholders, the Computer Modelling's board of directors comprises two types of representatives: Computer Modelling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Computer. The board's role is to monitor Computer Modelling's management team and ensure that shareholders' interests are well served. Computer Modelling'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, Computer Modelling's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pramod Jain, CEO President
Kristina Mysev, Head Culture
Robert Smith, Independent Director
Krisztina MBA, Head Marketing
James Erdle, Vice President, USA and Latin America
Sheldon Harbinson, Head Operations
John Eng, Chief Officer
Mohammad Khalaf, Head Development
Sandra Balic, Chief Financial Officer, Vice President - Finance
Christopher Fong, Independent Director
Kenneth Dedeluk, CEO and President and Director
Rahul Jain, Head Operations
Ryan Schneider, President, Chief Executive Officer, Director
Patrick Jamieson, Independent Director
Judith Athaide, Independent Director
Kristin Mason, Manager Compliance
John Zaozirny, Independent Chairman of the Board
Mark Miller, Independent Director
Jason Close, Vice President CoFlow Commercialization
Kathy Krug, Corporate Secretary
Anjani Kumar, Vice President - Engineering Solutions and Marketing
Daniel Edelshaim, Head Legal
Peter Kinash, Independent Director
Kirsten Sklar, Corporate Secretary
Long Nghiem, Chief Technology Officer, Vice President - Research and Development
R Hicks, Vice President Eastern Hemisphere
Dave Montana, Vice Sales
Kelly Tomyn, Interim Chief Financial Officer and Vice President - Finance

Computer 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 Computer Modelling 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 Computer Modelling

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 Computer Modelling 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 Computer Modelling will appreciate offsetting losses from the drop in the long position's value.

Moving together with Computer Stock

  0.62DELX DelphX Capital Markets Earnings Call TomorrowPairCorr

Moving against Computer Stock

  0.35CTF-UN Citadel IncomePairCorr
The ability to find closely correlated positions to Computer Modelling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Computer Modelling 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 Computer Modelling - 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 Computer Modelling Group to buy it.
The correlation of Computer Modelling 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 Computer Modelling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Computer Modelling 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 Computer Modelling 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 Computer Stock

Computer Modelling financial ratios help investors to determine whether Computer 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 Computer with respect to the benefits of owning Computer Modelling security.