Joel Armstrong - Whitecap Resources VP of Production and Operations

SPGYF Stock  USD 7.28  0.05  0.69%   

VP

Mr. Joel M. Armstrong is the Vice President, Production and Operations of Whitecap Resources Inc. since 2010.
Age 56
Tenure 14 years
Phone403 266 0767
Webhttps://www.wcap.ca

Whitecap Resources Management Efficiency

The company has return on total asset (ROA) of 0.1614 % which means that it generated a profit of $0.1614 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3714 %, meaning that it generated $0.3714 on every $100 dollars invested by stockholders. Whitecap Resources' management efficiency ratios could be used to measure how well Whitecap Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Whitecap Resources has accumulated 1.06 B in total debt with debt to equity ratio (D/E) of 0.19, which may suggest the company is not taking enough advantage from borrowing. Whitecap Resources has a current ratio of 1.03, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Whitecap Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Whitecap Resources' 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 Whitecap Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Whitecap to invest in growth at high rates of return. When we think about Whitecap Resources' use of debt, we should always consider it together with cash and equity.
Whitecap Resources Inc., oil and gas company, acquires and develops petroleum and natural gas properties in Canada. As of February 14, 2022, it had a total proved plus probable reserves of 701,829 thousand barrels of oil equivalent. Whitecap Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 453 people. Whitecap Resources [SPGYF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Whitecap Resources Leadership Team

Elected by the shareholders, the Whitecap Resources' board of directors comprises two types of representatives: Whitecap Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Whitecap. The board's role is to monitor Whitecap Resources' management team and ensure that shareholders' interests are well served. Whitecap Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Whitecap Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Joel Armstrong, VP of Production and Operations
Darin Dunlop, VP of Engineering
Grant Fagerheim, Chairman, CEO and President Member of Health, Safety and Environment Committee and Member of Reserves Committee
Jeffrey Zdunich, VP Controller
David Mombourquette, VP of Bus. Devel.
Thanh Kang, VP CFO
Andrew Bullock, VP Geosciences

Whitecap Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Whitecap Resources 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 Whitecap Pink Sheet

Whitecap Resources financial ratios help investors to determine whether Whitecap Pink Sheet 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 Whitecap with respect to the benefits of owning Whitecap Resources security.