Hans Holden - Questerre Energy Independent Director

QEC Stock  CAD 0.24  0.01  4.00%   

Director

Mr. Hans Jacob Holden is Independent Director of Questerre Energy Corporation since April 10, 2017. Mr. Holden has over twenty five years experience in the international oil and gas industry, with a focus on corporate finance in the last sixteen years. He currently serves as a director of Seatankers Group, a private investment company with a broad portfolio within the energy and maritime sector. From 2004 to 2016, Mr. Holden was employed by Pareto Securities AS, a Norwegianbased brokerage firm and from 2000 to 2004 he was employed by DnB Markets, the investment banking group of Norway largest bank. Prior thereto, he was employed as section manager in the reservoir department of Saga Petroleum ASA, a public Norwegian oil company since 2017.
Tenure 7 years
Address 1650 AMEC Place, Calgary, AB, Canada, T2P 3W2
Phone403 777 1185
Webhttps://www.questerre.com
Holden holds a MS in Industrial Economics from the Norwegian University of Science and Technology.

Questerre Energy Management Efficiency

As of the 30th of November 2024, Return On Tangible Assets is likely to drop to -0.14. In addition to that, Return On Capital Employed is likely to drop to 0. At this time, Questerre 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 137.5 M, while Other Current Assets are likely to drop about 1 M. Questerre Energy's management efficiency ratios could be used to measure how well Questerre Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Questerre Energy has accumulated 228 K in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Questerre Energy has a current ratio of 0.62, 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 Questerre Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Questerre 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 Questerre Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Questerre to invest in growth at high rates of return. When we think about Questerre Energy's use of debt, we should always consider it together with cash and equity.
Questerre Energy Corporation acquires, explores, and develops non-conventional oil and gas projects in Canada. Questerre Energy Corporation was incorporated in 1971 and is headquartered in Calgary, Canada. QUESTERRE ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 8 people. Questerre Energy (QEC) is traded on Toronto Exchange in Canada and employs 11 people. Questerre Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Questerre Energy Leadership Team

Elected by the shareholders, the Questerre Energy's board of directors comprises two types of representatives: Questerre Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Questerre. The board's role is to monitor Questerre Energy's management team and ensure that shareholders' interests are well served. Questerre 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, Questerre Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jason DSilva, Chief Financial Officer
Peter Coldham, Vice President - Engineering and Operations
Hans Holden, Independent Director
Rick Tityk, Vice President - Land
Michael Binnion, President, Chief Executive Officer, Director
Bjorn Tonnessen, Independent Chairman of the Board
John Brodylo, Vice President - Exploration
Dennis Sykora, Independent Director
P MBA, Vice Operations
Mireille Fontaine, Director
Michael CA, CEO President

Questerre 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 Questerre 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 Questerre 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 Questerre 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 Questerre Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Questerre Stock

  0.72ENB-PFU Enbridge Pref LPairCorr
The ability to find closely correlated positions to Questerre 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 Questerre 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 Questerre 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 Questerre Energy to buy it.
The correlation of Questerre 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 Questerre Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Questerre 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 Questerre 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 Questerre Stock

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