Douglas Bloom - Gibson Energy Independent Director

GEI Stock  CAD 24.90  0.50  2.05%   

Director

Mr. Douglas P. Bloom is an Independent Director of the Company. On April 30, 2016, Mr. Bloom retired as the President of Spectra Energys Canadian LNG business, with over 30 years experience in the oil and gas industry. Mr. Bloom has served in numerous capacities with Spectra Energy and its predecessor companies including as an executive of Duke Energy and Westcoast Energy Inc. From 2008 to 2012, he served as the President of Spectra Energys Western Canada business and from 2003 to 2007 he served as the President of Maritimes Northeast Pipelines. Mr. Bloom has served as a board member of the Canadian Energy Pipeline Association and in 20112012 he served as its Chair since 2016.
Age 61
Tenure 9 years
Address 1700, 440-2nd Avenue SW, Calgary, AB, Canada, T2P 5E9
Phone403-206-4000
Webhttps://www.gibsonenergy.com
Bloom holds a Bachelor’s and a Master’s degree in economics, both from Simon Fraser University.

Gibson Energy Management Efficiency

The company has return on total asset (ROA) of 0.0502 % which means that it generated a profit of $0.0502 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2239 %, meaning that it generated $0.2239 on every $100 dollars invested by stockholders. Gibson Energy's management efficiency ratios could be used to measure how well Gibson Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Gibson Energy's Return On Tangible Assets are very stable compared to the past year. As of the 30th of January 2025, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.05. At this time, Gibson Energy's Return On Assets are very stable compared to the past year.
Gibson Energy has accumulated 2.77 B in total debt with debt to equity ratio (D/E) of 1.96, which is about average as compared to similar companies. Gibson Energy has a current ratio of 0.85, 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 Gibson Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Gibson 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 Gibson Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gibson to invest in growth at high rates of return. When we think about Gibson Energy's use of debt, we should always consider it together with cash and equity.

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Gibson Energy Inc., a crude oil infrastructure company, engages in the gathering, storage, optimization, processing, and marketing of crude oil and refined products in North America. Gibson Energy Inc. was founded in 1950 and is headquartered in Calgary, Canada. GIBSON ENERGY operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 500 people. Gibson Energy (GEI) is traded on Toronto Exchange in Canada and employs 29 people. Gibson Energy is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Gibson Energy Leadership Team

Elected by the shareholders, the Gibson Energy's board of directors comprises two types of representatives: Gibson Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gibson. The board's role is to monitor Gibson Energy's management team and ensure that shareholders' interests are well served. Gibson 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, Gibson Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Susan Jones, Independent Director
Mark ChycCies, Planning Strategy
James Cleary, Independent Director
Kelly Holtby, Senior Development
Sean CFA, Senior CFO
Steven Spaulding, President, Chief Executive Officer, Director
John Festival, Independent Director
Beth Pollock, VP Treasurer
Orin Atkins, Vice President - U.S. Business Development
Marshall McRae, Independent Director
Sean Brown, Chief Financial Officer, Senior Vice President
Peggy Montana, Independent Director
Kevin Gertken, General EHS
George Dannecker, Senior Vice President Chief Commercial Officer
MBA CA, Marketing Development
Mary Peters, Independent Director
Kyle DeGruchy, Senior Vice President - Supply and Marketing
Michael Lindsay, Senior Vice President - Operations and Engineering
Ellen Stotland, Vice Management
Krista Weir, Vice Resources
James Estey, Independent Chairman of the Board
Tammi Price, Vice Affairs
Douglas Bloom, Independent Director
Judy Cotte, Independent Director
Omar Saif, Senior COO
Riley Hicks, VP Development
Curtis Philippon, Chief President
Sean Wilson, Senior Vice President, Chief Administrative Officer, Corporate Secretary
Jessica Ferguson, VP Counsel

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

Moving together with Gibson Stock

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Moving against Gibson Stock

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The ability to find closely correlated positions to Gibson 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 Gibson 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 Gibson 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 Gibson Energy to buy it.
The correlation of Gibson 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 Gibson Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gibson 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 Gibson 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 Gibson Stock

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