Ingram PEng - Gear Energy President CEO
GXE Stock | CAD 0.53 0.01 1.85% |
CEO
Ingram PEng is President CEO of Gear Energy
Address | 205 ? 5th Avenue SW, Calgary, AB, Canada, T2P 2V7 |
Phone | 403 538 8435 |
Web | https://www.gearenergy.com |
Gear Energy Management Efficiency
The company has return on total asset (ROA) of 0.0472 % which means that it generated a profit of $0.0472 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0495 %, meaning that it generated $0.0495 on every $100 dollars invested by stockholders. Gear Energy's management efficiency ratios could be used to measure how well Gear Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Gear Energy's Other Current Assets are very stable compared to the past year. As of the 27th of November 2024, Total Current Assets is likely to grow to about 22.7 M, while Total Assets are likely to drop about 326.2 M.Similar Executives
Found 2 records | CEO Age | ||
Mark Kenney | European Residential Real | 56 | |
James Evaskevich | Yangarra Resources | 71 |
Management Performance
Return On Equity | 0.0495 | ||||
Return On Asset | 0.0472 |
Gear Energy Leadership Team
Elected by the shareholders, the Gear Energy's board of directors comprises two types of representatives: Gear Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gear. The board's role is to monitor Gear Energy's management team and ensure that shareholders' interests are well served. Gear 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, Gear Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Brown, Corporate Secretary | ||
Harry English, Independent Director | ||
Bryan Dozzi, Vice President - Engineering | ||
Ingram Gillmore, President, Chief Executive Officer, Director | ||
Greg Bay, Independent Director | ||
Ingram PEng, President CEO | ||
David Hwang, Chief Financial Officer, Vice President - Finance | ||
Scott Robinson, Director | ||
HanBom Hwang, CFO Finance | ||
Yvan Chretien, Vice President - Land | ||
Dustin Ressler, Vice President - Exploration | ||
Edward LLB, Corporate Secretary | ||
Donald Gray, Executive Chairman, Member of Audit Committee, Member of Compensation and Governance Committee and Member of Reserves Committee | ||
Wilson Wang, Independent Director | ||
Bindu Wyma, Director | ||
Steve Power, Vice Exploration | ||
Kevin Johnson, CEO President | ||
Jason Kaluski, Vice President - Operations |
Gear 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 Gear 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 | 0.0495 | ||||
Return On Asset | 0.0472 | ||||
Profit Margin | 0.09 % | ||||
Operating Margin | 0.24 % | ||||
Current Valuation | 160.34 M | ||||
Shares Outstanding | 263.59 M | ||||
Shares Owned By Insiders | 7.62 % | ||||
Shares Owned By Institutions | 2.42 % | ||||
Number Of Shares Shorted | 2.56 M | ||||
Price To Earning | 48.33 X |
Pair Trading with Gear 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 Gear 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 Gear Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Gear Stock
0.85 | FFH | Fairfax Financial | PairCorr |
0.81 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.79 | ENS | E Split Corp | PairCorr |
0.74 | ENS-PA | E Split Corp | PairCorr |
0.7 | FFH-PC | Fairfax Fin Hld | PairCorr |
The ability to find closely correlated positions to Gear 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 Gear 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 Gear 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 Gear Energy to buy it.
The correlation of Gear 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 Gear Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gear 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 Gear 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 Gear Stock
Gear Energy financial ratios help investors to determine whether Gear 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 Gear with respect to the benefits of owning Gear Energy security.