Michael Callihoo - Secure Energy Insider

SES Stock  CAD 16.54  0.13  0.78%   

Insider

Michael Callihoo is Corporate Secretary and Vice President Commercial Operations/Legal of Secure Energy Services since 2019.
Tenure 5 years
Address Brookfield Place, Calgary, AB, Canada, T2P 1N2
Phone403 984 6100
Webhttps://www.secure-energy.com

Secure Energy Management Efficiency

The company has return on total asset (ROA) of 0.0774 % which means that it generated a profit of $0.0774 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.5461 %, meaning that it generated $0.5461 on every $100 dollars invested by stockholders. Secure Energy's management efficiency ratios could be used to measure how well Secure Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.16. At this time, Secure Energy's Asset Turnover is very stable compared to the past year.
Secure Energy Services has accumulated 1.1 B in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. Secure Energy Services has a current ratio of 1.5, which is within standard range for the sector. Debt can assist Secure Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Secure 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 Secure Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Secure to invest in growth at high rates of return. When we think about Secure Energy's use of debt, we should always consider it together with cash and equity.

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Secure Energy Services Inc., an energy services company, provides specialized solutions to upstream oil and natural gas companies operating primarily in Western Canadian Sedimentary Basin and the United States. Secure Energy Services Inc. is headquartered in Calgary, Canada. SECURE ENERGY operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 1300 people. Secure Energy Services (SES) is traded on Toronto Exchange in Canada and employs 1,847 people. Secure Energy is listed under Environmental & Facilities Services category by Fama And French industry classification.

Management Performance

Secure Energy Services Leadership Team

Elected by the shareholders, the Secure Energy's board of directors comprises two types of representatives: Secure Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Secure. The board's role is to monitor Secure Energy's management team and ensure that shareholders' interests are well served. Secure 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, Secure Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mike Mikuska, Executive Vice President - Commercial and Transportation
Brian McGurk, Executive Vice President - Human Resources and Strategy
Deanna Zumwalt, Independent Director
James Anderson, Senior Chemicals
Corey PGeo, Chief Officer
Allen Gransch, Chief Operating Officer - Midstream
Rene CGA, CEO Director
Rhonda Rudnitski, Social Environment
Michele Harradence, Independent Director
Corey Higham, Executive Vice President - Processing, Recovery and Disposal
Chad Magus, Chief Financial Officer, Executive Vice President - Finance
David Johnson, Independent Director
Shaun Paterson, Independent Director
David Engel, Executive Vice President - Processing, Recovery and Disposal
Kevin Nugent, Independent Director
Alison Prokop, Executive
Anil Aggarwala, Vice Relations
Rene Amirault, Chairman of the Board, President, Chief Executive Officer, Director
Chad CA, Chief Officer
Bradley Markel, Corporate Secretary
Brad Munro, Independent Director
David Eng, VP Solutions
Michael Parnetta, Vice Culture
David Mattinson, Executive Vice President - OnSite Services Division
George Wadsworth, Executive Vice President - Drilling and Production Services Division
Murray Cobbe, Lead Independent Director
Richard Wise, Independent Director
Michael Callihoo, Corporate Secretary and Vice President Commercial Operations/Legal

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

Moving together with Secure Stock

  0.73DRT DIRTT EnvironmentalPairCorr
  0.68PSI Pason SystemsPairCorr

Moving against Secure Stock

  0.72GUD Knight TherapeuticsPairCorr
  0.64PKI Parkland FuelPairCorr
The ability to find closely correlated positions to Secure 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 Secure 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 Secure 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 Secure Energy Services to buy it.
The correlation of Secure 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 Secure Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Secure Energy Services 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 Secure 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 Secure Stock

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