Peter Balkwill - Western Energy Vice President - Operations Finance

WRG Stock  CAD 2.69  0.11  4.26%   

Insider

Peter Balkwill is Vice President - Operations Finance of Western Energy Services since 2019.
Tenure 5 years
Phone403-984-5916
Webhttps://www.wesc.ca

Western Energy Management Efficiency

Western Energy's management efficiency ratios could be used to measure how well Western Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Western Energy Services has accumulated 115.22 M in total debt with debt to equity ratio (D/E) of 0.43, which is about average as compared to similar companies. Western Energy Services has a current ratio of 1.58, which is within standard range for the sector. Debt can assist Western Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Western 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 Western Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Lindsay PEngCalfrac Well Services
63
Terry FreemanPHX Energy Services
57
J BrownCalfrac Well Services
N/A
O BertolinCalfrac Well Services
N/A
BComm BComCalfrac Well Services
67
Patrick PowellCalfrac Well Services
67
Clint GabouryTotal Energy Services
N/A
B PaslawskiCalfrac Well Services
N/A
W CrawfordTotal Energy Services
N/A
CA CAPHX Energy Services
62
Ashley TingTotal Energy Services
N/A
Glenn DagenaisTotal Energy Services
61
George ChowTotal Energy Services
57
Freddie ToneyCalfrac Well Services
N/A
Marco ArangurenCalfrac Well Services
N/A
ACCA CATotal Energy Services
N/A
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company was incorporated in 2013 and is headquartered in Calgary, Canada. WESTERN ENERGY operates under Oil Gas Drilling classification in Canada and is traded on Toronto Stock Exchange. It employs 566 people. Western Energy Services (WRG) is traded on Toronto Exchange in Canada and employs 675 people. Western Energy is listed under Energy Equipment & Services category by Fama And French industry classification.

Management Performance

Western Energy Services Leadership Team

Elected by the shareholders, the Western Energy's board of directors comprises two types of representatives: Western Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Energy's management team and ensure that shareholders' interests are well served. Western 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, Western Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Darcy Reinboldt, Senior Vice President - Operations
John Rooney, Independent Director
Aaron MacAusland, Vice Drilling
Jeffrey Bowers, Chief Financial Officer, Senior Vice President - Finance, Secretary
R Clancy, Vice Services
Peter Balkwill, Vice President - Operations Finance
CFA CPA, Chief Officer
Alex MacAusland, CEO and President Director and Member of Health, Safety and Environment Committee
Daniel Lundstrom, Vice President Health, Safety and Environment
David Trann, Vice President - Finance
Lorne Gartner, Independent Director
Jack Pepper, Vice Drilling
April Williams, Vice Resources
Rick Harrison, Senior Vice President - Western Field Services and Special Projects
Ronald Mathison, Independent Chairman of the Board
Ross Clancy, Vice Services
Peter CA, Vice Finance
Donald Copeland, Independent Director

Western 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 Western 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.

Other Information on Investing in Western Stock

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