Grant Fagerheim - Whitecap Resources President CEO, Director

J6I Stock  EUR 5.88  0.03  0.51%   

CEO

Mr. Grant B. Fagerheim is the President, Chief Executive Officer, Director of Whitecap Resources Inc. Mr. Fagerheim has over 30 years of diverse experience in both the upstream and downstream areas of the oil and gas business and is currently our President and Chief Executive Officer. Prior to establishing Whitecap Resources Inc. in June 2008, Mr. Fagerheim was the President and Chief Executive Officer and a Director of Cadence Energy Inc., a public oil and gas company, from January 2005 to September 2008. Mr. Fagerheim founded Ketch Resources Ltd. in October 2002 and served as President and Chief Executive Officer until January 2005. Mr. Fagerheim founded Ketch Energy Ltd. in April 2000 and served as President and Chief Executive Officer until October 2002. Mr. Fagerheim received his Bachelor degree in Education from the University of Calgary in 1983 and attended the Executive MBA at Queen University in 1995. Mr. Fagerheim currently sits on the board of directors of Advantage Oil Gas Ltd., a public oil and gas company.
Age 64
Phone403 266 0767
Webhttps://www.wcap.ca

Whitecap Resources Management Efficiency

The company has return on total asset (ROA) of 0.1732 % which means that it generated a profit of $0.1732 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3814 %, meaning that it generated $0.3814 on every $100 dollars invested by stockholders. Whitecap Resources' management efficiency ratios could be used to measure how well Whitecap Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Whitecap Resources has accumulated 1.84 B in total debt with debt to equity ratio (D/E) of 39.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Whitecap Resources has a current ratio of 0.82, 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 Whitecap Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Whitecap Resources' 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 Whitecap Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Whitecap to invest in growth at high rates of return. When we think about Whitecap Resources' use of debt, we should always consider it together with cash and equity.

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Whitecap Resources Inc. acquires and develops petroleum and natural gas properties in Canada. Its principal properties are located in West Central Alberta, Northwest Alberta and British Columbia, Southeast Saskatchewan, West Central Saskatchewan, and Southeast Saskatchewan. WHITECAP RESOURCES operates under Oil Gas EP classification in Germany and is traded on Frankfurt Stock Exchange. It employs 269 people. Whitecap Resources (J6I) is traded on Frankfurt Exchange in Germany and employs 522 people.

Management Performance

Whitecap Resources Leadership Team

Elected by the shareholders, the Whitecap Resources' board of directors comprises two types of representatives: Whitecap Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Whitecap. The board's role is to monitor Whitecap Resources' management team and ensure that shareholders' interests are well served. Whitecap Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Whitecap Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Joel Armstrong, Vice President - Production and Operations
Darin Dunlop, Vice President - Engineering
Grant Fagerheim, President CEO, Director
Jeffrey Zdunich, VP Controller
David Mombourquette, Vice President - Business Development
Thanh Kang, CFO, Vice President - Finance
Andrew Bullock, VP Geosciences

Whitecap 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 Whitecap Resources 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 Whitecap Stock

Whitecap Resources financial ratios help investors to determine whether Whitecap 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 Whitecap with respect to the benefits of owning Whitecap Resources security.