Matthew CFA - Athabasca Oil Chief Officer

ATH Stock  CAD 5.14  0.01  0.19%   

Insider

Matthew CFA is Chief Officer of Athabasca Oil Corp
Address 215 ? 9th Avenue SW, Calgary, AB, Canada, T2P 1K3
Phone403 237 8227
Webhttps://www.atha.com

Athabasca Oil Management Efficiency

The company has return on total asset (ROA) of 0.1116 % which means that it generated a profit of $0.1116 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.144 %, meaning that it generated $0.144 on every $100 dollars invested by stockholders. Athabasca Oil's management efficiency ratios could be used to measure how well Athabasca Oil manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Capital Employed is likely to grow to 0.14, while Return On Tangible Assets are likely to drop (0.03). At this time, Athabasca Oil's Non Current Assets Total are very stable compared to the past year. As of the 29th of November 2024, Non Currrent Assets Other is likely to grow to about 39.6 M, while Total Assets are likely to drop about 2 B.
Athabasca Oil Corp has accumulated 185.54 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Athabasca Oil Corp has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Athabasca Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Athabasca Oil'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 Athabasca Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athabasca to invest in growth at high rates of return. When we think about Athabasca Oil's use of debt, we should always consider it together with cash and equity.

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Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada. ATHABASCA OIL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 146 people. Athabasca Oil Corp (ATH) is traded on Toronto Exchange in Canada and employs 170 people. Athabasca Oil is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Athabasca Oil Corp Leadership Team

Elected by the shareholders, the Athabasca Oil's board of directors comprises two types of representatives: Athabasca Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Athabasca. The board's role is to monitor Athabasca Oil's management team and ensure that shareholders' interests are well served. Athabasca Oil'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, Athabasca Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Matthew CFA, Chief Officer
Carlos Fierro, Independent Director
John Festival, Independent Director
Michael Wojcichowsky, Vice President - Light Oil
LLB BCom, VP Counsel
Anne Downey, Director
Cameron Danyluk, VP Counsel
Robert Broen, President, Chief Executive Officer, Director
Ronald Eckhardt, Independent Chairman of the Board
Karla Ingoldsby, Vice President - Thermal Oil
PEng BScEng, CEO President
Matthew Taylor, Vice President - Capital Markets and Communications
Bryan Begley, Independent Director
Thomas Ebbern, Independent Director

Athabasca 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 Athabasca Oil 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.

Pair Trading with Athabasca Oil

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 Athabasca Oil 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 Athabasca Oil will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Athabasca Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athabasca Oil 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 Athabasca Oil - 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 Athabasca Oil Corp to buy it.
The correlation of Athabasca Oil 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 Athabasca Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athabasca Oil Corp 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 Athabasca Oil 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Athabasca Stock

Athabasca Oil financial ratios help investors to determine whether Athabasca 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 Athabasca with respect to the benefits of owning Athabasca Oil security.