Alan MacDonald - Pine Cliff CFO, Corporate Secretary
| PNE Stock | CAD 0.91 0.01 1.09% |
CFO
Mr. Alan MacDonald is Chief Financial Officer, Corporationrationrate Secretary of the Company. Mr. MacDonald is a Chartered Accountant with over 30 years of experience in the oil and gas industry and most recently held the Vice President and Chief Financial Officer position at United Hydrocarbon International Corporationration Prior thereto from 2001 to 2012, Mr. MacDonald held similar positions at APF Energy Trust, Rockyview Energy Inc. and Cumberland Oil Gas Ltd. since 2017.
| Age | 66 |
| Tenure | 7 years |
| Address | 1015 - 4th Street SW, Calgary, AB, Canada, T2R 1J4 |
| Phone | 403 269 2289 |
| Web | https://www.pinecliffenergy.com |
Pine Cliff Management Efficiency
The company has return on total asset (ROA) of (0.0178) % which means that it has lost $0.0178 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0403) %, meaning that it generated substantial loss on money invested by shareholders. Pine Cliff's management efficiency ratios could be used to measure how well Pine Cliff manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.01. At this time, Pine Cliff's Non Current Assets Total are very stable compared to the past year. As of the 24th of November 2024, Other Current Assets is likely to grow to about 7.7 M, while Total Assets are likely to drop about 244.4 M.Similar Executives
| Found 3 records | CFO Age | ||
| HanBom Hwang | Gear Energy | N/A | |
| Shawn Spankeren | Cardinal Energy | 43 | |
| Gerald CMA | Journey Energy | 64 | |
Management Performance
| Return On Equity | -0.0403 | ||||
| Return On Asset | -0.0178 |
Pine Cliff Energy Leadership Team
Elected by the shareholders, the Pine Cliff's board of directors comprises two types of representatives: Pine Cliff inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pine. The board's role is to monitor Pine Cliff's management team and ensure that shareholders' interests are well served. Pine Cliff'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, Pine Cliff's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel PEng, Vice Exploitation | ||
| Austin Nieuwdorp, VP Controller | ||
| Christopher Lee, Vice Exploration | ||
| CA CFA, Vice Finance | ||
| Alan MacDonald, CFO, Corporate Secretary | ||
| Terry PEng, Chief Officer | ||
| Alan CA, CFO Secretary |
Pine 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 Pine Cliff 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 | -0.0403 | ||||
| Return On Asset | -0.0178 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 385.87 M | ||||
| Shares Outstanding | 358.08 M | ||||
| Shares Owned By Insiders | 10.90 % | ||||
| Shares Owned By Institutions | 11.56 % | ||||
| Number Of Shares Shorted | 493.52 K | ||||
| Price To Earning | (13.81) X |
Pair Trading with Pine Cliff
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 Pine Cliff 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 Pine Cliff will appreciate offsetting losses from the drop in the long position's value.Moving against Pine Stock
| 0.67 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.66 | ELF | E L Financial | PairCorr |
| 0.58 | FFH | Fairfax Financial | PairCorr |
| 0.45 | ENS-PA | E Split Corp | PairCorr |
| 0.44 | ENS | E Split Corp | PairCorr |
The ability to find closely correlated positions to Pine Cliff could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pine Cliff 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 Pine Cliff - 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 Pine Cliff Energy to buy it.
The correlation of Pine Cliff 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 Pine Cliff moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pine Cliff 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 Pine Cliff 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 Pine Stock
Pine Cliff financial ratios help investors to determine whether Pine 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 Pine with respect to the benefits of owning Pine Cliff security.