Barry Palmer - North American President
| NOA Stock | CAD 29.65 0.11 0.37% |
President
Mr. Barry W. Palmer is Vice President Heavy Construction and Mining Operations of North American Energy Partners Inc. Mr. Palmer joined us in 1982 as a Heavy Equipment Operator. Since then Mr. Palmer has advanced through the company holding positions of Operations Foreman, General Foreman, Superintendent, Project Manager, Operations Manager and General Manager of Heavy Construction and Mining. Over the course of his 34 years within the construction industry Mr. Palmer has worked in aggregate, road building, civil and heavy construction and mining. Before joining us, Mr. Palmer worked for PCL and Steels of Canada. since 2018.
| Age | 63 |
| Tenure | 6 years |
| Phone | 780 960 7171 |
| Web | https://nacg.ca |
North American Management Efficiency
The company has return on total asset (ROA) of 0.0824 % which means that it generated a profit of $0.0824 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1556 %, meaning that it generated $0.1556 on every $100 dollars invested by stockholders. North American's management efficiency ratios could be used to measure how well North American manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0824 |
North American Const Leadership Team
Elected by the shareholders, the North American's board of directors comprises two types of representatives: North American inside directors who are chosen from within the company, and outside directors, selected externally and held independent of North. The board's role is to monitor North American's management team and ensure that shareholders' interests are well served. North American'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, North American's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Barry Palmer, Vice-President of Heavy Construction and Mining Operations | ||
| Jason Veenstra, Chief Financial Officer, Executive Vice President, IR Contact Officer | ||
| Ronald McIntosh, Independent Chairman of the Board | ||
| CMA CPA, Director Technology | ||
| Robert Butler, Vice President - Finance | ||
| John Pollesel, Independent Director | ||
| CPA CMA, Director Technology | ||
| Bryan Pinney, Lead Independent Director | ||
| Kristina Williams, Director | ||
| Martin Ferron, Chairman of the Board, Chief Executive Officer, Non-Independent Director | ||
| Jordan Slator, Vice President, General Counsel | ||
| Jay Thornton, Independent Director | ||
| Maryse SaintLaurent, Director | ||
| Joseph Lambert, President, Chief Operating Officer | ||
| Thomas Stan, Independent Director | ||
| David Kallay, Vice President of Human Resources and Health, Safety, Environment |
North 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 North American 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.
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0824 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 1.55 B | ||||
| Shares Outstanding | 26.83 M | ||||
| Shares Owned By Insiders | 9.18 % | ||||
| Shares Owned By Institutions | 79.13 % | ||||
| Number Of Shares Shorted | 3.06 M | ||||
| Price To Earning | 7.66 X |
Pair Trading with North American
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 North American 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 North American will appreciate offsetting losses from the drop in the long position's value.Moving together with North Stock
Moving against North Stock
The ability to find closely correlated positions to North American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North American 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 North American - 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 North American Construction to buy it.
The correlation of North American 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 North American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North American Const 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 North American 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.