Mike Patterson - Ivanhoe Energy Vice Development

IE Stock   13.30  0.48  3.74%   

Executive

Mike Patterson is Vice Development of Ivanhoe Energy
Address 450 E Rio Salado Parkway, Tempe, AZ, United States, 85281
Phone480 656 5821
Webhttps://ivanhoeelectric.com

Ivanhoe Energy Management Efficiency

The company has return on total asset (ROA) of (0.268) % which means that it has lost $0.268 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.6413) %, meaning that it generated substantial loss on money invested by shareholders. Ivanhoe Energy's management efficiency ratios could be used to measure how well Ivanhoe Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to drop to -0.43. In addition to that, Return On Capital Employed is likely to drop to -0.42. At this time, Ivanhoe Energy's Total Assets are very stable compared to the past year. As of the 30th of November 2024, Non Current Assets Total is likely to grow to about 284.3 M, while Non Currrent Assets Other are likely to drop about 5.1 M.
Ivanhoe Energy has accumulated 79.19 M in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Ivanhoe Energy has a current ratio of 9.88, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ivanhoe Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Ivanhoe 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 Ivanhoe Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ivanhoe to invest in growth at high rates of return. When we think about Ivanhoe Energy's use of debt, we should always consider it together with cash and equity.

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Ivanhoe Energy Inc., an independent heavy oil development company, develops and produces oil and gas in Canada, Ecuador, and Mangolia. Ivanhoe Energy (IE) is traded on Toronto Exchange in Canada and employs 244 people. Ivanhoe Energy is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Ivanhoe Energy Leadership Team

Elected by the shareholders, the Ivanhoe Energy's board of directors comprises two types of representatives: Ivanhoe Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ivanhoe. The board's role is to monitor Ivanhoe Energy's management team and ensure that shareholders' interests are well served. Ivanhoe 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, Ivanhoe Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jordan Neeser, Chief Officer
Mike Patterson, Vice Development
Graham Boyd, Senior Exploration
Stephani Terhorst, Vice Resources
Taylor Melvin, CEO President
Cassandra Esq, General VP
Quentin Markin, Executive Execution
Alex Neufeld, Vice Exploration
Robert Friedland, Founder Chairman
Glen PGeo, Senior Development

Ivanhoe 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 Ivanhoe 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.

Pair Trading with Ivanhoe 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 Ivanhoe 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 Ivanhoe Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ivanhoe Stock

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Moving against Ivanhoe Stock

  0.44INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Ivanhoe 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 Ivanhoe 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 Ivanhoe 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 Ivanhoe Energy to buy it.
The correlation of Ivanhoe 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 Ivanhoe Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ivanhoe Energy 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 Ivanhoe 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Ivanhoe Stock

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