Michael Culbert - Enerplus Independent Director

Director

Mr. Michael Robert Culbert is an Independent Director of Enerplus Corporationrationration. Mr. Culbert served as President and CEO of PETRONAS Energy Canada Ltd., formerly Progress Energy Canada Ltd., from 2004 through to 2016. He subsequently was appointed nonexecutive Vice Chairman and continues to serve on the Board of Directors. Since 2001, Mr. Culbert provided leadership through Progress recapitalization and growth periods and was instrumental in the sale and integration of Progress into PETRONAS, Malaysias national oil and gas company as well as the subsequent investments in LNG in Canada. Culbert holds a BS degree in Business Administration and has more than 35 years of diverse experience in the energy industry. He served as Vice President of Marketing and Business Development at Encal Energy Ltd. from 1995 to 2001. From 1979 to 1995, Mr. Culbert worked in various positions at Home Oil Company Ltd. Mr. Culbert was also a member of the Canadian Association of Petroleum Producers Board of Governors. Mr. Culbert also serves on the Board of Directors of Precision Drilling Corporationrationration. Mr. Culbert is very involved in philanthropic initiatives including being a Patron of the PGA Champions Tour, Shaw Charity Classic and he is also a founding member of the Creative Destruction Lab Energy stream at the University of Calgary, Haskayne School of Business. since 2014.
Age 61
Tenure 11 years
Phone403-298-2200
Webhttps://www.enerplus.com
Culbert holds a BS degree in Business Administration and has more than 30 years of diverse experience in the oil and gas industry. He was a member of the Canadian Association of Petroleum Producers’ Board of Governors until November 2016.

Enerplus Management Efficiency

The company has Return on Asset of 0.1525 % which means that on every $100 spent on assets, it made $0.1525 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3227 %, implying that it generated $0.3227 on every 100 dollars invested. Enerplus' management efficiency ratios could be used to measure how well Enerplus manages its routine affairs as well as how well it operates its assets and liabilities.
Enerplus has 212.45 M in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Enerplus has a current ratio of 0.64, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Enerplus to invest in growth at high rates of return.

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Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada. Enerplus Corp operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 435 people. Enerplus (ERF) is traded on New York Stock Exchange in USA and employs 404 people.

Management Performance

Enerplus Leadership Team

Elected by the shareholders, the Enerplus' board of directors comprises two types of representatives: Enerplus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enerplus. The board's role is to monitor Enerplus' management team and ensure that shareholders' interests are well served. Enerplus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Enerplus' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Hoffman, Vice President - Canadian Operations
Jeffrey Sheets, Independent Director
Wade Hutchings, Chief Operating Officer, Senior Vice President
Susan MacKenzie, Independent Director
David McCoy, Vice President - Corporate Services, General Counsel & Corporate Secretary
Robert Hodgins, Independent Director
Pamela Ramotowski, Vice Culture
Nathan Fisher, Vice President - U.S. Development and Geosciences
Shaina Morihira, Vice President - Finance
Edward McLaughlin, President - U.S. Operations
Ian Dundas, President, Chief Executive Officer, Director
Sheldon Steeves, Independent Director
Drew Mair, Manager, Investor Relations
Elliott Pew, Independent Director
Garth Doll, Vice President of Marketing
Llb BComm, General VP
Daniel Fitzgerald, Vice President - Business Development
Terry Eichinger, Vice President - U.S. Operations and Engineering
Karen ClarkeWhistler, Independent Director
BCom BComm, CEO Pres
Jodine Labrie, Chief Financial Officer, Senior Vice President
Judith Buie, Independent Director
Michael Culbert, Independent Director
Hilary Foulkes, Independent Chairman of the Board
Raymond Daniels, Senior Vice President - Operations, People and Culture

Enerplus 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 Enerplus 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

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Other Consideration for investing in Enerplus Stock

If you are still planning to invest in Enerplus check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Enerplus' history and understand the potential risks before investing.
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