Dale Dusterhoft - Trican Well CEO and Non-Independent Director

TOLWF Stock  USD 3.46  0.07  1.98%   

CEO

Mr. Dale M. Dusterhoft is President, Chief Executive Officer, Director of Trican Well Service Ltd. On August 1, 2009, Mr. Dusterhoft was appointed Trican Chief Executive Officer, and as Trican President on May 4, 2016. From February 2008 to August 2009, Mr. Dusterhoft served as Senior Vice President of Trican. From April 1998 to February 2008, Mr. Dusterhoft served as Vice President, Technical Services of Trican. Mr. Dusterhoft joined Trican in November 1996. Mr. Dusterhoft is a member of the Institute of Corporationrationrate Directors and is on the board of the Alberta Childrens Hospital Foundation. since 2016.
Age 62
Tenure 8 years
Phone403 266 0202
Webhttps://www.tricanwellservice.com

Trican Well Management Efficiency

The company has return on total asset (ROA) of 0.0768 % which means that it generated a profit of $0.0768 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1284 %, meaning that it generated $0.1284 on every $100 dollars invested by stockholders. Trican Well's management efficiency ratios could be used to measure how well Trican Well manages its routine affairs as well as how well it operates its assets and liabilities.
Trican Well Service has accumulated 41.66 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. Trican Well Service has a current ratio of 1.88, which is within standard range for the sector. Debt can assist Trican Well until it has trouble settling it off, either with new capital or with free cash flow. So, Trican Well'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 Trican Well Service sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trican to invest in growth at high rates of return. When we think about Trican Well's use of debt, we should always consider it together with cash and equity.

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Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada. TRICAN WELL operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 1032 people. Trican Well Service [TOLWF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Trican Well Service Leadership Team

Elected by the shareholders, the Trican Well's board of directors comprises two types of representatives: Trican Well inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trican. The board's role is to monitor Trican Well's management team and ensure that shareholders' interests are well served. Trican Well'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, Trican Well's outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott Matson, Chief Officer
Dale Dusterhoft, CEO and Non-Independent Director
Todd CET, Chief Officer
Bradley MBA, CEO Pres
Dawn Sweany, VP HR

Trican Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Trican Well 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 Trican Pink Sheet

Trican Well financial ratios help investors to determine whether Trican Pink Sheet 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 Trican with respect to the benefits of owning Trican Well security.