Douglas Ramsay - Calfrac Well Chairman

CFWFF Stock  USD 2.84  0.01  0.35%   

Chairman

Mr. Douglas R. Ramsay is Vice Chairman of the Board of Calfrac Well Services Ltd. Mr. Ramsay is a founder and the Vice Chairman of the Corporationrationration, and he has served as a member of the board of directors of the Corporation since its formation in 1999. Mr. Ramsay also served as President and Chief Executive Officer of the Corporation from its inception to November 1, 2010 and as Chief Executive Officer from November 1, 2010 until December 31, 2013 since 2013.
Age 67
Tenure 11 years
Phone866-770-3722
Webhttps://www.calfrac.com
Ramsay has an extensive background in the oil and natural gas industry. Prior to 1994, Mr. Ramsay was the President of Canadian Fracmaster Ltd., where he spent 12 years enhancing the overall presence such company in Canada and worldwide. Previous industry experience as a Project Manager for Delta Consultants, Drilling and Completions Foreman for Dome Petroleum Corporationrationration, and Service Operator for BJ Well Services Company has contributed to Mr. Ramsay overall knowledge of the industry.

Calfrac Well Management Efficiency

The company has return on total asset (ROA) of 0.0265 % which means that it generated a profit of $0.0265 on every $100 spent on assets. This is way below average. Calfrac Well's management efficiency ratios could be used to measure how well Calfrac Well manages its routine affairs as well as how well it operates its assets and liabilities.
Calfrac Well Services has accumulated 388.48 M in total debt with debt to equity ratio (D/E) of 1.44, which is about average as compared to similar companies. Calfrac Well Services has a current ratio of 1.86, which is within standard range for the sector. Debt can assist Calfrac Well until it has trouble settling it off, either with new capital or with free cash flow. So, Calfrac Well'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 Calfrac Well Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Calfrac to invest in growth at high rates of return. When we think about Calfrac Well's use of debt, we should always consider it together with cash and equity.

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Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. The company was founded in 1999 and is headquartered in Calgary, Canada. Calfrac Well operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2684 people. Calfrac Well Services [CFWFF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Calfrac Well Services Leadership Team

Elected by the shareholders, the Calfrac Well's board of directors comprises two types of representatives: Calfrac Well inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Calfrac. The board's role is to monitor Calfrac Well's management team and ensure that shareholders' interests are well served. Calfrac 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, Calfrac Well's outside directors are responsible for providing unbiased perspectives on the board's policies.
Douglas Ramsay, Co Founder, Vice Chairman and Member of Health, Safety and Environment Committee
James Brown, VP Services
BComm BCom, CoFounder Chairman
Patrick Powell, CEO Director
Freddie Toney, VP Sales
Michael Olinek, Vice President - Finance
Gordon Milgate, Vice President - Operations, Canadian Division
Lindsay PEng, COO Pres
Jeffrey Ellis, Gen Sec

Calfrac Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Calfrac 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Calfrac Pink Sheet

Calfrac Well financial ratios help investors to determine whether Calfrac Pink Sheet 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 Calfrac with respect to the benefits of owning Calfrac Well security.