James Millar - Pieridae Energy Director Relations

PEA Stock  CAD 0.21  0.01  4.55%   

Insider

James Millar is Director Relations of Pieridae Energy
Address 308 ? 4th Avenue SW, Calgary, AB, Canada, T2P 0H7
Phone403 261 5900
Webhttps://www.pieridaeenergy.com

Pieridae Energy Management Efficiency

The company has return on total asset (ROA) of (0.0689) % which means that it has lost $0.0689 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.075) %, meaning that it generated substantial loss on money invested by shareholders. Pieridae Energy's management efficiency ratios could be used to measure how well Pieridae Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Pieridae Energy's Debt To Assets are very stable compared to the past year. As of the 28th of November 2024, Fixed Asset Turnover is likely to grow to 0.96, while Non Currrent Assets Other are likely to drop about 4.7 M.
Pieridae Energy has accumulated 175.73 M in total debt. Pieridae Energy has a current ratio of 0.62, 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 Pieridae Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Pieridae 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 Pieridae Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pieridae to invest in growth at high rates of return. When we think about Pieridae Energy's use of debt, we should always consider it together with cash and equity.

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Pieridae Energy Limited operates as an energy producing company in Canada. The company was founded in 2011 and is headquartered in Calgary, Canada. PIERIDAE ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 270 people. Pieridae Energy (PEA) is traded on Toronto Exchange in Canada and employs 261 people. Pieridae Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Pieridae Energy Leadership Team

Elected by the shareholders, the Pieridae Energy's board of directors comprises two types of representatives: Pieridae Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pieridae. The board's role is to monitor Pieridae Energy's management team and ensure that shareholders' interests are well served. Pieridae 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, Pieridae Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dallas MBA, Vice Finance
Darcy Reding, President CEO
Adam Gray, Chief Officer
Justine Davis, VP Devel
Paul CFA, Chief Officer
Michelle Cooze, General Secretary
Thomas Valentine, Corporate Secretary
Michael Bartley, Vice Services
Thomas Dawson, Sr Devel
Joseph Gray, Chief Officer
Gregory Feltham, Vice Exploration
James Millar, Director Relations

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

Moving against Pieridae Stock

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

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