Scott Melbourn - Source Energy Pres CEO

SCEYF Stock  USD 12.93  0.10  0.78%   

Insider

Scott Melbourn is Pres CEO of Source Energy Services
Phone403 262 1312
Webhttps://www.sourceenergyservices.com

Source Energy Management Efficiency

The company has return on total asset (ROA) of 0.0182 % which means that it generated a profit of $0.0182 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.5845) %, meaning that it generated substantial loss on money invested by shareholders. Source Energy's management efficiency ratios could be used to measure how well Source Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Source Energy Services has accumulated 175.53 M in total debt. Source Energy Services has a current ratio of 1.92, which is within standard range for the sector. Debt can assist Source Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Source 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 Source Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Source to invest in growth at high rates of return. When we think about Source Energy's use of debt, we should always consider it together with cash and equity.

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Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. The company was founded in 2017 and is headquartered in Calgary, Canada. Source Energy operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 351 people. Source Energy Services [SCEYF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Source Energy Services Leadership Team

Elected by the shareholders, the Source Energy's board of directors comprises two types of representatives: Source Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Source. The board's role is to monitor Source Energy's management team and ensure that shareholders' interests are well served. Source 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, Source Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Derren CA, VP Officer
Shawn Furlong, VP Sustainability
Scott Melbourn, Pres CEO
Kelly Roncin, Pres Production
Kurtis Kisio, VP Marketing
Jarett Finney, Pres Distribution

Source Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Source 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Source OTC Stock

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