Len Kangas - Ensign Energy Lead Independent Director
| ESI Stock | CAD 3.12 0.04 1.27% |
Director
Mr. Len O. Kangas is Lead Independent Director of Ensign Energy Services Inc., since June, 1990. Mr. Kangas is a retired businessman and oilfield marketing consultant with over 40 years of experience in oilfield servicing, transportation and related businesses. He was the President of MarLen Enterprises Trucking Rental Company, from 1992 until 2006. He has also served on a number of community and nonprofit boards. since 1990.
| Age | 69 |
| Tenure | 34 years |
| Address | 400 ? 5th Avenue S.W., Calgary, AB, Canada, T2P 0L6 |
| Phone | 403 262 1361 |
| Web | https://www.ensignenergy.com |
Ensign Energy Management Efficiency
The company has return on total asset (ROA) of 0.0261 % which means that it generated a profit of $0.0261 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0241 %, meaning that it generated $0.0241 on every $100 dollars invested by stockholders. Ensign Energy's management efficiency ratios could be used to measure how well Ensign 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 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.07. At this time, Ensign Energy's Other Current Assets are very stable compared to the past year. As of the 22nd of November 2024, Net Tangible Assets is likely to grow to about 1.3 B, while Total Assets are likely to drop about 2.1 B.Similar Executives
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Management Performance
| Return On Equity | 0.0241 | ||||
| Return On Asset | 0.0261 |
Ensign Energy Services Leadership Team
Elected by the shareholders, the Ensign Energy's board of directors comprises two types of representatives: Ensign Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ensign. The board's role is to monitor Ensign Energy's management team and ensure that shareholders' interests are well served. Ensign 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, Ensign Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nicole Romanow, Head Relations | ||
| Barth Whitham, Independent Director | ||
| Thomas Connors, Executive Vice President Canadian,International East Operations | ||
| Suzanne Davies, VP Sec | ||
| John Schroeder, Independent Director | ||
| Cathy Robinson, Vice Resources | ||
| Cary Moomjian, Independent Director | ||
| Wayne Kipp, Senior Engineering | ||
| Gene Gaz, VP East | ||
| Gail Surkan, Independent Director | ||
| Michael Nuss, Executive Vice President United States and Latin American Operations | ||
| Brent Conway, Executive Vice President | ||
| Norman Edwards, Non-Independent Chairman of the Board | ||
| Eldon Culshaw, Senior Operations | ||
| Ahmed Iqbal, VP Controller | ||
| Robert PEng, COO President | ||
| James Howe, Independent Director | ||
| Bob Zanusso, VP Drilling | ||
| Len Kangas, Lead Independent Director | ||
| Justin Louie, Corporate Counsel | ||
| Cathy Robinsons, VP HR | ||
| Michael Gray, Chief Financial Officer | ||
| Gary Casswell, Independent Director | ||
| Robert Geddes, President, Chief Operating Officer, Director |
Ensign 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 Ensign 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 | 0.0241 | ||||
| Return On Asset | 0.0261 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 1.67 B | ||||
| Shares Outstanding | 183.53 M | ||||
| Shares Owned By Insiders | 44.89 % | ||||
| Shares Owned By Institutions | 5.66 % | ||||
| Number Of Shares Shorted | 2.46 M | ||||
| Price To Earning | 12.36 X |
Pair Trading with Ensign 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 Ensign 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 Ensign Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Ensign Stock
Moving against Ensign Stock
| 0.85 | SLF-PH | Sun Lif Non | PairCorr |
| 0.82 | TC | Tucows Inc | PairCorr |
| 0.8 | DII-B | Dorel Industries | PairCorr |
| 0.33 | AIM | Aimia Inc | PairCorr |
The ability to find closely correlated positions to Ensign 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 Ensign 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 Ensign 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 Ensign Energy Services to buy it.
The correlation of Ensign 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 Ensign Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ensign Energy 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 Ensign 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 Ensign Stock
Ensign Energy financial ratios help investors to determine whether Ensign 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 Ensign with respect to the benefits of owning Ensign Energy security.