Steve Buytels - Tamarack Valley Chief Financial Officer, Vice President - Finance
| TVE Stock | CAD 4.46 0.07 1.59% |
President
Steve Buytels is Chief Financial Officer, Vice President - Finance of Tamarack Valley Energy since 2020.
| Tenure | 4 years |
| Address | Eighth Avenue Place, Calgary, AB, Canada, T2P 1G1 |
| Phone | 403 263 4440 |
| Web | https://www.tamarackvalley.ca |
Tamarack Valley Management Efficiency
The company has return on total asset (ROA) of 0.0687 % which means that it generated a profit of $0.0687 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0985 %, meaning that it generated $0.0985 on every $100 dollars invested by stockholders. Tamarack Valley's management efficiency ratios could be used to measure how well Tamarack Valley manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Tamarack Valley's Return On Assets are very stable compared to the past year.Similar Executives
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Management Performance
| Return On Equity | 0.0985 | |||
| Return On Asset | 0.0687 |
Tamarack Valley Energy Leadership Team
Elected by the shareholders, the Tamarack Valley's board of directors comprises two types of representatives: Tamarack Valley inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tamarack. The board's role is to monitor Tamarack Valley's management team and ensure that shareholders' interests are well served. Tamarack Valley'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, Tamarack Valley's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Scott Shimek, Vice Operations | ||
| Martin Malek, Vice President Business Development and Corporate Planning | ||
| David MacKenzie, Independent Director | ||
| David Christensen, VP Engineering | ||
| Sony Gill, Corporate Secretary | ||
| Steve Buytels, Chief Financial Officer, Vice President - Finance | ||
| JuneMarie Innes, Director Sustainability | ||
| Rocky Baker, Vice Marketing | ||
| Dave Christensen, Vice President - Engineering | ||
| Marnie Smith, Independent Director | ||
| Kevin Screen, Vice President - Production and Operations | ||
| Sanjib LLB, Corporate Secretary | ||
| Ken Cruikshank, VP of Land and Officer | ||
| Jeffrey Boyce, Independent Director | ||
| Robert Spitzer, Independent Director | ||
| Scott Reimond, Vice President - Exploration | ||
| Floyd Price, Independent Chairman of the Board | ||
| Noralee Bradley, Corporate Secretary, Independent Director | ||
| Brian Schmidt, President, Chief Executive Officer, Director | ||
| Ian Currie, Director | ||
| Christine Ezinga, Vice Sustainability | ||
| John Leach, Independent Director | ||
| Lynne Chrumka, Vice Exploration |
Tamarack 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 Tamarack Valley 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 | 0.0985 | |||
| Return On Asset | 0.0687 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.42 % | |||
| Current Valuation | 3.07 B | |||
| Shares Outstanding | 530.98 M | |||
| Shares Owned By Insiders | 1.31 % | |||
| Shares Owned By Institutions | 27.18 % | |||
| Number Of Shares Shorted | 7.16 M | |||
| Price To Earning | 7.29 X |
Pair Trading with Tamarack Valley
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 Tamarack Valley 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 Tamarack Valley will appreciate offsetting losses from the drop in the long position's value.Moving together with Tamarack Stock
Moving against Tamarack Stock
The ability to find closely correlated positions to Tamarack Valley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamarack Valley 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 Tamarack Valley - 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 Tamarack Valley Energy to buy it.
The correlation of Tamarack Valley 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 Tamarack Valley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamarack Valley 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 Tamarack Valley 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 Tamarack Stock
Tamarack Valley financial ratios help investors to determine whether Tamarack 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 Tamarack with respect to the benefits of owning Tamarack Valley security.