Margaret McKenzie - PrairieSky Royalty Independent Director

PSK Stock  CAD 29.52  0.73  2.41%   

Director

Ms. Margaret A. McKenzie serves as Independent Director of PrairieSky Royalty Ltd. Ms. McKenzie was formerly the Vice President, Finance and Chief Financial Officer of Range Royalty Limited Partnership and prior thereto was Vice President, Finance and Chief Financial Officer of Profico Energy Management Ltd. . Ms. McKenzie holds a Bachelor of Commerce degree from the University of Saskatchewan and was a member of the Institute of Chartered Accountants of Alberta since 1985. She obtained her ICD.D designation from the Institute of Corporationrationrate Directors in 2013. Ms. McKenzie is an experienced director and currently sits as a director Bonavista Energy Company, Encana Corporation, Inter Pipeline Ltd. and two private energy companies. since 2014.
Age 57
Tenure 10 years
Address 350 - 7th Avenue SW, Calgary, AB, Canada, T2P 3N9
Phone587 293 4000
Webhttps://www.prairiesky.com

PrairieSky Royalty Management Efficiency

The company has return on total asset (ROA) of 0.0581 % which means that it generated a profit of $0.0581 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0809 %, meaning that it generated $0.0809 on every $100 dollars invested by stockholders. PrairieSky Royalty's management efficiency ratios could be used to measure how well PrairieSky Royalty manages its routine affairs as well as how well it operates its assets and liabilities. At this time, PrairieSky Royalty's Return On Tangible Assets are very stable compared to the past year. As of the 27th of November 2024, Return On Capital Employed is likely to grow to 0.14, while Return On Assets are likely to drop 0.07. At this time, PrairieSky Royalty's Other Assets are very stable compared to the past year. As of the 27th of November 2024, Return On Tangible Assets is likely to grow to 0.09, while Total Assets are likely to drop about 2.6 B.
PrairieSky Royalty has accumulated 188.1 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. PrairieSky Royalty has a current ratio of 0.27, 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 PrairieSky Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, PrairieSky Royalty'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 PrairieSky Royalty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PrairieSky to invest in growth at high rates of return. When we think about PrairieSky Royalty's use of debt, we should always consider it together with cash and equity.

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PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. The company was incorporated in 2013 and is headquartered in Calgary, Canada. PRAIRIESKY ROYALTY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 61 people. PrairieSky Royalty (PSK) is traded on Toronto Exchange in Canada and employs 65 people. PrairieSky Royalty is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

PrairieSky Royalty Leadership Team

Elected by the shareholders, the PrairieSky Royalty's board of directors comprises two types of representatives: PrairieSky Royalty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PrairieSky. The board's role is to monitor PrairieSky Royalty's management team and ensure that shareholders' interests are well served. PrairieSky Royalty'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, PrairieSky Royalty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cameron Proctor, Vice President - Legal & Corporate Services, Corporate Secretary
Daniel Cambrin, Controller
Jane Gavan, Director
Daniel CFA, VP Officer
Cameron LLB, COO Sec
Grant Zawalsky, Independent Director
James Estey, Independent Chairman of the Board
Amber Vrataric, Controller
Margaret McKenzie, Independent Director
Michael PGeo, VicePresident Markets
Robert Robotti, Independent Director
Sheldon Steeves, Independent Corporate Director
Pamela Kazeil, Chief Financial Officer, Vice President - Finance
P Gavan, Independent Director
Myron Stadnyk, Independent Director
Matthew McMahon, General Counsel
Andrew Phillips, President, Chief Executive Officer, Director

PrairieSky 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 PrairieSky Royalty 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 PrairieSky Royalty

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 PrairieSky Royalty 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 PrairieSky Royalty will appreciate offsetting losses from the drop in the long position's value.

Moving together with PrairieSky Stock

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Moving against PrairieSky Stock

  0.76ARA Aclara ResourcesPairCorr
  0.47RCI-A Rogers CommunicationsPairCorr
The ability to find closely correlated positions to PrairieSky Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PrairieSky Royalty 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 PrairieSky Royalty - 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 PrairieSky Royalty to buy it.
The correlation of PrairieSky Royalty 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 PrairieSky Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PrairieSky Royalty 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 PrairieSky Royalty 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 PrairieSky Stock

PrairieSky Royalty financial ratios help investors to determine whether PrairieSky 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 PrairieSky with respect to the benefits of owning PrairieSky Royalty security.