Michael Baldwin - Trican Well Senior Vice President - Corporate Development
| TCW Stock | CAD 4.97 0.02 0.40% |
President
Mr. Michael A. Baldwin, C.A, is Senior Vice President Corporationrationrate Development of Trican Well Service Ltd., since October 3, 2017. Prior to this he was Chief Financial Officer since March 2009, and Vice President, Finance from November 2008 to March 2009 since 2019.
| Tenure | 5 years |
| Address | 645 ? 7th Avenue SW, Calgary, AB, Canada, T2P 4G8 |
| Phone | 403 266 0202 |
| Web | https://tricanwellservice.com |
Trican Well Management Efficiency
The company has return on total asset (ROA) of 0.1388 % which means that it generated a profit of $0.1388 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2229 %, meaning that it generated $0.2229 on every $100 dollars invested by stockholders. Trican Well's management efficiency ratios could be used to measure how well Trican Well manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Trican Well's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Assets is likely to grow to 0.18, while Return On Capital Employed is likely to drop 0.14. At this time, Trican Well's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 659.1 M, while Other Current Assets are likely to drop about 5.9 M.Similar Executives
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Management Performance
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.14 |
Trican Well Service Leadership Team
Elected by the shareholders, the Trican Well's board of directors comprises two types of representatives: Trican Well inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trican. The board's role is to monitor Trican Well's management team and ensure that shareholders' interests are well served. Trican Well'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, Trican Well's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kathleen McCrum, Vice Resources | ||
| Chika Onwuekwe, Vice President - Legal, General Counsel and Corporate Secretary | ||
| Bradley Fedora, Independent Chairman of the Board | ||
| G Brooks, Lead Independent Director | ||
| Dale Dusterhoft, President, Chief Executive Officer, Director | ||
| Todd CET, Chief Officer | ||
| Deborah Stein, Independent Director | ||
| Robert Skilnick, Chief Financial Officer | ||
| David Westlund, Vice President of Sales and Marketing | ||
| Michael Rapps, Independent Director | ||
| Scott Matson, Chief Officer | ||
| Bradley MBA, CEO President | ||
| Michael Baldwin, Senior Vice President - Corporate Development | ||
| Brian Lane, Vice Marketing | ||
| Robert Cox, Senior Vice President - Operations | ||
| Dawn Sweany, VP HR | ||
| Kevin Nugent, Independent Director |
Trican 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 Trican Well 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 | 0.22 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 952.72 M | ||||
| Shares Outstanding | 191.97 M | ||||
| Shares Owned By Insiders | 0.62 % | ||||
| Shares Owned By Institutions | 31.71 % | ||||
| Number Of Shares Shorted | 4.66 M | ||||
| Price To Earning | 25.47 X |
Pair Trading with Trican Well
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 Trican Well 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 Trican Well will appreciate offsetting losses from the drop in the long position's value.Moving against Trican Stock
The ability to find closely correlated positions to Trican Well could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trican Well 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 Trican Well - 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 Trican Well Service to buy it.
The correlation of Trican Well 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 Trican Well moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trican Well Service 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 Trican Well 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 Trican Stock
Trican Well financial ratios help investors to determine whether Trican 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 Trican with respect to the benefits of owning Trican Well security.