Ronald Mathison - Western Energy Independent Chairman of the Board
| WRG Stock | CAD 2.92 0.37 14.51% |
Chairman
Mr. Ronald P. Mathison is a Independent Chairman of the Board of Western Energy Services Corporationration Mr. Mathison is the President and Chief Executive Officer of Matco Investments Ltd. and Matco Capital Ltd., private investment firms which specialize in providing capital and management experience to companies in which they have an interest. Mr. Mathison has experience in restructuring and financing corporations in both the public and private markets and is founder and Chairman of Calfrac Well Services Ltd. and Tesla Exploration Ltd. Until 2000, Mr. Mathison was a director and principal of Peters Co. Limited, an investment firm specializing in the oil and natural gas industry. Prior thereto, Mr. Mathison and two other individuals formed the nucleus of Peters Co. Capital, a private merchant banking equity firm that is widely associated with numerous restructurings of oil and natural gas exploration and production companies and oilfield service companies since 2013.
| Age | 62 |
| Tenure | 13 years |
| Address | 215 ? 9th Avenue SW, Calgary, AB, Canada, T2P 1K3 |
| Phone | 403-984-5916 |
| Web | https://www.wesc.ca |
Western Energy Management Efficiency
The company has return on total asset (ROA) of 0.0122 % which means that it generated a profit of $0.0122 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0913) %, meaning that it generated substantial loss on money invested by shareholders. 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. As of the 5th of March 2026, Return On Capital Employed is likely to grow to 0.02, while Return On Tangible Assets are likely to drop (0.07). At this time, Western Energy's Total Assets are very stable compared to the past year. As of the 5th of March 2026, Non Current Assets Total is likely to grow to about 362.7 M, while Non Currrent Assets Other are likely to drop about 83.6 K.Similar Executives
| Found 6 records | CHAIRMAN Age | ||
| James Hill | Pason Systems | 67 | |
| Scott Ratushny | Cardinal Energy | 61 | |
| William Guinan | Kelt Exploration | 63 | |
| M Ratushny | Cardinal Energy | 54 | |
| Bradley Fedora | Trican Well Service | 49 | |
| Bruce Pachkowski | Total Energy Services | 62 | |
Management Performance
| Return On Equity | -0.0913 | ||||
| Return On Asset | 0.0122 |
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 | ||
| Orson Ross, Chief Officer | ||
| 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 | ||
| Chantel Calancia, Interim Officer |
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.
| Return On Equity | -0.0913 | ||||
| Return On Asset | 0.0122 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 178.31 M | ||||
| Shares Outstanding | 33.84 M | ||||
| Shares Owned By Insiders | 33.54 % | ||||
| Shares Owned By Institutions | 49.60 % | ||||
| Number Of Shares Shorted | 1.71 K | ||||
| Price To Earning | 0.13 X |
Pair Trading with Western 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 Western 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 Western Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Western Stock
| 0.78 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.67 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.8 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.77 | ENS | E Split Corp | PairCorr |
Moving against Western Stock
| 0.75 | SAGE | Sage Potash Corp | PairCorr |
| 0.49 | ENS-PA | E Split Corp | PairCorr |
| 0.48 | CVO | Coveo Solutions | PairCorr |
| 0.38 | AUUA | Aluula Composites | PairCorr |
The ability to find closely correlated positions to Western 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 Western 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 Western 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 Western Energy Services to buy it.
The correlation of Western 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 Western Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western 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 Western 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.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.