James Howe - Pason Systems Lead Independent Director
| PSI Stock | CAD 14.93 0.33 2.26% |
Director
Mr. James B. Howe, C.A., is Lead Independent Director of Pason Systems Inc. Mr. Howe is President of Bragg Creek Financial Consultants Ltd., a private financial consulting company. He has served as Chief Financial Officer of several public companies and also serves on the board of directors and audit committees of Bengal Energy Ltd., and Ensign Energy Services Inc since 2011.
| Age | 68 |
| Tenure | 13 years |
| Address | 6130 Third Street SE, Calgary, AB, Canada, T2H 1K4 |
| Phone | 403 301 3400 |
| Web | https://www.pason.com |
Pason Systems Management Efficiency
The company has return on total asset (ROA) of 0.1166 % which means that it generated a profit of $0.1166 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2525 %, meaning that it generated $0.2525 on every $100 dollars invested by stockholders. Pason Systems' management efficiency ratios could be used to measure how well Pason Systems manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Capital Employed is likely to grow to 0.32, while Return On Tangible Assets are likely to drop 0.14. At this time, Pason Systems' Non Currrent Assets Other are very stable compared to the past year. As of the 22nd of November 2024, Debt To Assets is likely to grow to 0.11, while Total Assets are likely to drop about 335.1 M.Similar Executives
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Management Performance
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.12 |
Pason Systems Leadership Team
Elected by the shareholders, the Pason Systems' board of directors comprises two types of representatives: Pason Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pason. The board's role is to monitor Pason Systems' management team and ensure that shareholders' interests are well served. Pason Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pason Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kevin Boston, Vice President - Corporate Development | ||
| Kevin Lo, Vice President - New Ventures | ||
| Celine Boston, Chief Officer | ||
| Ben Thomas, Director Unit | ||
| Jon Faber, Chief Financial Officer | ||
| Russell Smith, Vice President - Operations, International and Offshore | ||
| Natalie Fenez, VP Secretary | ||
| CFA CPA, CEO Pres | ||
| Timur Kuru, President and General Manager - USA | ||
| Lars Olesen, Vice President - Product Management | ||
| Laura Schwinn, Independent Director | ||
| James Howe, Lead Independent Director | ||
| Heather Hantos, Vice Resources | ||
| Reid Wuntke, I Software | ||
| Marcel Kessler, President, Chief Executive Officer, Director | ||
| Ryan Beurden, Vice President - Rigsite Research and Development | ||
| David Elliott, Vice President - Finance | ||
| T Collins, Independent Director | ||
| James Hill, Executive Chairman of the Board | ||
| Bryce McLean, Vice President - Operations, Canada | ||
| Judi Hess, Independent Director |
Pason 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 Pason Systems 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 | 0.25 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 1.1 B | ||||
| Shares Outstanding | 79.62 M | ||||
| Shares Owned By Insiders | 0.13 % | ||||
| Shares Owned By Institutions | 50.10 % | ||||
| Number Of Shares Shorted | 1.59 M | ||||
| Price To Earning | 11.42 X |
Pair Trading with Pason Systems
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 Pason Systems 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 Pason Systems will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Pason Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pason Systems 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 Pason Systems - 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 Pason Systems to buy it.
The correlation of Pason Systems 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 Pason Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pason Systems 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 Pason Systems 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 Pason Stock
Pason Systems financial ratios help investors to determine whether Pason 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 Pason with respect to the benefits of owning Pason Systems security.