John Brydson - Obsidian Energy Independent Director
| OBE Stock | CAD 8.15 0.03 0.37% |
Director
Mr. John Brydson is Independent Director of the Company. He has over 30 years of experience in the financial sector and has occupied senior roles in both major investment and commercial banks. Since 2012, Mr. Brydson was a private investor. From 2010 until the end of 2012, he was Chairman of a small fullservice management consulting firm, Hestan Consulting Group, which he founded. Prior to HCG, Mr. Brydson was a Managing Director with Credit Suisse First Boston, now Credit Suisse, from 1995 until 2009, where he was in charge of the MultiProduct Event Trading group. He was also a Managing Director with Lehman Brothers in a similar function from 1983 until he joined CS. The early years of his career were spent as an equity analyst before joining Chase Manhattan Bank in London in 1977. He transferred to the head office in New York in 1980 where he became a Vice President in the Project Finance Group, specializing in international projects in the energy, mining and metals sectors. He left Chase to join Lehman Brothers in 1983. Mr. Brydson holds an Honors Degree in Economics from HeriotWatt University in Edinburgh, Scotland. Mr. Brydson served over 10 years as the President and a Board Member of The American Friends of HeriotWatt University, a charitable organization, and remains on its Board. since 2014.
| Age | 66 |
| Tenure | 10 years |
| Address | 207 ? 9th Avenue SW, Calgary, AB, Canada, T2P 1K3 |
| Phone | 403 777 2500 |
| Web | https://www.obsidianenergy.com |
Obsidian Energy Management Efficiency
The company has return on total asset (ROA) of 0.0519 % which means that it generated a profit of $0.0519 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0699 %, meaning that it generated $0.0699 on every $100 dollars invested by stockholders. Obsidian Energy's management efficiency ratios could be used to measure how well Obsidian 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 grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.19. At this time, Obsidian Energy's Return On Assets are very stable compared to the past year. As of the 22nd of November 2024, Asset Turnover is likely to grow to 0.31, while Total Assets are likely to drop about 2.1 B.Similar Executives
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Management Performance
| Return On Equity | 0.0699 | ||||
| Return On Asset | 0.0519 |
Obsidian Energy Leadership Team
Elected by the shareholders, the Obsidian Energy's board of directors comprises two types of representatives: Obsidian Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Obsidian. The board's role is to monitor Obsidian Energy's management team and ensure that shareholders' interests are well served. Obsidian 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, Obsidian Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Brydson, Independent Director | ||
| Andrew Sweerts, Vice President - Business Development and Commercial | ||
| Peter Scott, Chief Financial Officer, Senior Vice President | ||
| William Friley, Independent Director | ||
| Stephen Loukas, Interim President, Chief Executive Officer, Director | ||
| Maureen Jackson, Independent Director | ||
| Gordon Ritchie, Independent Chairman of the Board | ||
| Mark Hodgson, Vice President - Business Development and Commercial | ||
| Raymond Crossley, Independent Director | ||
| Michael Faust, Interim President, Interim Chief Executive Officer, Director | ||
| Jay McGilvary, Senior Development | ||
| Aaron Smith, Senior Vice President - Development and Operations | ||
| William Swadling, Vice Operations | ||
| Gary Sykes, Vice President - Commercial | ||
| Edward Kernaghan, Independent Director | ||
| Mark Hawkins, Vice President - Legal, General Counsel, Corporate Secretary |
Obsidian 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 Obsidian 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 | 0.0699 | ||||
| Return On Asset | 0.0519 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 953.71 M | ||||
| Shares Outstanding | 74.47 M | ||||
| Shares Owned By Insiders | 2.75 % | ||||
| Shares Owned By Institutions | 23.81 % | ||||
| Number Of Shares Shorted | 912.17 K | ||||
| Price To Earning | 4.90 X |
Pair Trading with Obsidian 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 Obsidian 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 Obsidian Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Obsidian Stock
| 0.62 | PIC-A | Premium Income Split | PairCorr |
| 0.54 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.52 | ENS | E Split Corp | PairCorr |
| 0.46 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.43 | FFH | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Obsidian 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 Obsidian 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 Obsidian 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 Obsidian Energy to buy it.
The correlation of Obsidian 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 Obsidian Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Obsidian 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 Obsidian 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.