David Smith - Superior Plus Independent Chairman of the Board

SPB Stock  CAD 6.69  0.06  0.90%   

Chairman

Mr. David Paul Smith is an Independent Chairman of the Board of Superior Plus CorporationrationInc. Mr. Smith was appointed Chair of the Board on August 6, 2014 since 2014.
Age 60
Tenure 11 years
Phone416-345-8050
Webhttps://www.superiorplus.com
Smith is a corporate director. He was previously a managing partner of Enterprise Capital Management Inc. He has extensive experience in the investment banking, investment research and management industry. His areas of expertise include investment research, mergers & acquisitions, project finance, privatization and corporate finance.

David Smith Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Smith against Superior Plus stock is an integral part of due diligence when investing in Superior Plus. David Smith insider activity provides valuable insight into whether Superior Plus is net buyers or sellers over its current business cycle. Note, Superior Plus insiders must abide by specific rules, including filing SEC forms every time they buy or sell Superior Plus'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Superior Plus Management Efficiency

The company has return on total asset (ROA) of 0.0325 % which means that it generated a profit of $0.0325 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0144) %, meaning that it generated substantial loss on money invested by shareholders. Superior Plus' management efficiency ratios could be used to measure how well Superior Plus manages its routine affairs as well as how well it operates its assets and liabilities.
Superior Plus Corp has accumulated 7.2 M in total debt with debt to equity ratio (D/E) of 1.74, which is about average as compared to similar companies. Superior Plus Corp has a current ratio of 0.87, 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 Superior Plus until it has trouble settling it off, either with new capital or with free cash flow. So, Superior Plus' 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 Superior Plus Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Superior to invest in growth at high rates of return. When we think about Superior Plus' use of debt, we should always consider it together with cash and equity.

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Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. Superior Plus Corp. was founded in 1996 and is headquartered in Toronto, Canada. SUPERIOR PLUS operates under UtilitiesRegulated Gas classification in Canada and is traded on Toronto Stock Exchange. It employs 4261 people. Superior Plus Corp (SPB) is traded on Toronto Exchange in Canada and employs 35 people. Superior Plus is listed under Gas Utilities category by Fama And French industry classification.

Management Performance

Superior Plus Corp Leadership Team

Elected by the shareholders, the Superior Plus' board of directors comprises two types of representatives: Superior Plus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Superior. The board's role is to monitor Superior Plus' management team and ensure that shareholders' interests are well served. Superior Plus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Superior Plus' outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam Kurnik, Manager Relations
Rick Carron, President Propane
FCA FCA, Independent Director
Luc Desjardins, President, Chief Executive Officer, Director
Ash Rajendra, VP Officer
Darren Hribar, Chief Legal Officer, Senior Vice President
FCA FCPA, Independent Director
Shawn Vammen, Senior Vice President - Superior Gas Liquids
Allan MacDonald, President CEO
Douglas Harrison, Independent Director
Patrick Gottschalk, Independent Director
CCLP CMA, Independent Director
Jason Fortin, Senior Effectiveness
Chris Lichtenheldt, Vice Relations
Randall Findlay, Independent Director
Tommy Manion, Head Propane
Gregory McCamus, President - Energy Distribution and Superior Propane
James Devens, VP Distribution
Harry Kanwar, Vice Compliance
Grier CFA, Executive CFO
David Smith, Independent Chairman of the Board
Kirsten Olsen, Senior Officer
Eugene Bissell, Independent Director
Andrew Peyton, President - US Propane
Carolyn Skinner, Senior Communications
Mary Jordan, Independent Director
Richard Bradeen, Independent Director
Catherine Best, Independent Director
Natasha Cherednichenko, President Certarus
Michael StoutleyHenderson, Corporate Finance
Ed Bechberger, President - Specialty Chemicals
Grier Colter, Chief Officer
Curtis Philippon, Executive Certarus
Beth Summers, Chief Financial Officer, Executive Vice President
MBA MBA, CEO Pres

Superior 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 Superior Plus 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 Superior Plus

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 Superior Plus 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 Superior Plus will appreciate offsetting losses from the drop in the long position's value.

Moving against Superior Stock

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The ability to find closely correlated positions to Superior Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Superior Plus 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 Superior Plus - 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 Superior Plus Corp to buy it.
The correlation of Superior Plus 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 Superior Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Superior Plus Corp 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 Superior Plus 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 Superior Stock

Superior Plus financial ratios help investors to determine whether Superior 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 Superior with respect to the benefits of owning Superior Plus security.