Derren CA - Source Energy Executive CFO
| SHLE Stock | CAD 9.96 0.61 6.52% |
CFO
Derren CA is Executive CFO of Source Energy Services
| Age | 56 |
| Address | 500, 1060 - 7th Street SW, Calgary, AB, Canada, T2R 0C4 |
| Phone | 403 262 1312 |
| Web | https://www.sourceenergyservices.com |
Source Energy Management Efficiency
The company has return on total asset (ROA) of 0.0493 % which means that it generated a profit of $0.0493 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.053 %, meaning that it generated $0.053 on every $100 dollars invested by stockholders. Source Energy's management efficiency ratios could be used to measure how well Source Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of March 2025, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.15. At this time, Source Energy's Return On Tangible Assets are very stable compared to the past year. As of the 18th of March 2025, Return On Assets is likely to grow to 0.02, while Total Assets are likely to drop about 407.1 M.Similar Executives
| Found 1 records | CFO Age | ||
| Darren Dittmer | InPlay Oil Corp | 56 | |
Management Performance
| Return On Equity | 0.053 | ||||
| Return On Asset | 0.0493 |
Source Energy Services Leadership Team
Elected by the shareholders, the Source Energy's board of directors comprises two types of representatives: Source Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Source. The board's role is to monitor Source Energy's management team and ensure that shareholders' interests are well served. Source 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, Source Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Derren CA, Executive CFO | ||
| Shawn Furlong, President Production | ||
| Scott Melbourn, CEO President | ||
| Kelly Roncin, Pres Production | ||
| Kurtis Kisio, Vice Marketing | ||
| Jarett Finney, President Distribution |
Source 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 Source 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.
| Return On Equity | 0.053 | ||||
| Return On Asset | 0.0493 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 368.8 M | ||||
| Shares Outstanding | 13.55 M | ||||
| Shares Owned By Insiders | 11.10 % | ||||
| Shares Owned By Institutions | 14.59 % | ||||
| Number Of Shares Shorted | 114.59 K | ||||
| Price To Earning | 6.14 X |
Pair Trading with Source 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 Source 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 Source Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Source Stock
| 0.85 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.83 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.82 | ERD | Erdene Resource Deve | PairCorr |
| 0.79 | CTF-UN | Citadel Income | PairCorr |
| 0.79 | TFPM | Triple Flag Precious | PairCorr |
The ability to find closely correlated positions to Source 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 Source 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 Source 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 Source Energy Services to buy it.
The correlation of Source 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 Source Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Source Energy Services 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 Source 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.Other Information on Investing in Source Stock
Source Energy financial ratios help investors to determine whether Source 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 Source with respect to the benefits of owning Source Energy security.