Stephen Holyoake - Tidewater Midstream Independent Director
| TWM Stock | CAD 0.14 0.01 7.69% |
Insider
Stephen Holyoake is Independent Director of Tidewater Midstream and since 2015.
| Age | 46 |
| Tenure | 9 years |
| Address | 222 ? 3rd Avenue S.W., Calgary, AB, Canada, T2P 0B4 |
| Phone | 587 475 0210 |
| Web | https://www.tidewatermidstream.com |
Tidewater Midstream Management Efficiency
As of the 1st of December 2024, Return On Tangible Assets is likely to grow to -0.23. In addition to that, Return On Capital Employed is likely to grow to -0.0078. At this time, Tidewater Midstream's Non Current Assets Total are very stable compared to the past year. As of the 1st of December 2024, Other Current Assets is likely to grow to about 40.9 M, while Total Assets are likely to drop about 1.6 B. Tidewater Midstream's management efficiency ratios could be used to measure how well Tidewater Midstream manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | -0.71 | ||||
| Return On Asset | -0.0069 |
Tidewater Midstream and Leadership Team
Elected by the shareholders, the Tidewater Midstream's board of directors comprises two types of representatives: Tidewater Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tidewater. The board's role is to monitor Tidewater Midstream's management team and ensure that shareholders' interests are well served. Tidewater Midstream'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, Tidewater Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Colcleugh, Independent Director | ||
| Jared Gurevitch, Executive Commercial | ||
| Scott Bauman, Director Finance | ||
| Jarvis Williams, President - Downstream | ||
| David Barva, Chief Legal Officer and Executive Vice President Shared Services | ||
| Andrea Decore, Executive Development | ||
| Jeremy Baines, CEO Director | ||
| Matthew Millard, Executive Operations | ||
| Tom CFA, Director Relations | ||
| Joel MacLeod, Chairman of the Board, Chief Executive Officer | ||
| Shawn Heaney, Executive Strategy | ||
| Brett Booth, Executive Vice President Marketing and Commercial Business Development | ||
| Brent Booth, Exec Devel | ||
| Jeffrey Scott, Executive Commercial | ||
| Kent Chicilo, Chief Services | ||
| Terrence Dumont, Executive Vice President - Montney | ||
| Margaret Raymond, Independent Director | ||
| Reed McDonnell, Chief Commercial Officer | ||
| Stephen Holyoake, Independent Director | ||
| Douglas Fraser, Lead Independent Director | ||
| Brian Newmarch, Chief Officer | ||
| Jeffery Ketch, Executive Vice President - Field Operations | ||
| Aaron Ames, Interim Officer | ||
| Collin Intrater, Interim Counsel | ||
| Joel Vorra, Chief Financial Officer, Secretary | ||
| Tobias McKenna, President - Midstream |
Tidewater 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 Tidewater Midstream 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 | -0.71 | ||||
| Return On Asset | -0.0069 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 622.26 M | ||||
| Shares Outstanding | 430.4 M | ||||
| Shares Owned By Insiders | 4.43 % | ||||
| Shares Owned By Institutions | 34.56 % | ||||
| Number Of Shares Shorted | 14.47 M | ||||
| Price To Earning | 10.51 X |
Pair Trading with Tidewater Midstream
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 Tidewater Midstream 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 Tidewater Midstream will appreciate offsetting losses from the drop in the long position's value.Moving against Tidewater Stock
| 0.89 | FFH | Fairfax Financial | PairCorr |
| 0.88 | ENS-PA | E Split Corp | PairCorr |
| 0.88 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.82 | ELF | E L Financial | PairCorr |
| 0.79 | FFH-PK | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Tidewater Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidewater Midstream 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 Tidewater Midstream - 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 Tidewater Midstream and to buy it.
The correlation of Tidewater Midstream 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 Tidewater Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidewater Midstream and 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 Tidewater Midstream 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 Tidewater Stock
Tidewater Midstream financial ratios help investors to determine whether Tidewater 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 Tidewater with respect to the benefits of owning Tidewater Midstream security.