Stephen Nikiforuk - Whitecap Resources Independent Director
WCP Stock | CAD 9.33 0.02 0.21% |
Director
Mr. Stephen C. Nikiforuk is an Independent Director of Whitecap Resources Inc. Mr. Nikiforuk was the President of MyOwnCFO Professional Corporation since October 2011 and was the President of MyOwnCFO Inc. from July 2009 to June 2012, both private companies. Before then, Mr. Nikiforuk was the Corporationrationrate Business Manager of 1173373 Alberta Ltd. from July 2009 to July 2011 and the Vice President, Finance and Chief Financial Officer of Cadence Energy Inc. a public oil and gas company, from January 2005 to March 2008. Mr. Nikiforuk holds a B.B.A. with an accounting major from Saint Francis Xavier University. Mr. Nikiforuk is an active Chartered Professional Accountant, CA and in 2013 completed the Directors Education Program developed by the Institute of Corporationrationrate Directors and holds their ICD.D designation. In June 2016, Mr. Nikiforuk also obtained the Family Enterprise Advisor designation. Mr. Nikiforuk is a director of CanAir Nitrogen Inc., a private company that supplies the oil and gas industry in Alberta and British Columbia with cryogenic liquid nitrogen and is both Lead Director and Audit Committee Chair for InPlay Oil Corporationration, a public light oil production and development company since 2009.
Age | 50 |
Tenure | 16 years |
Address | 3800 525 - 8th Avenue SW, Calgary, AB, Canada, T2P 1G1 |
Phone | 403-266-0767 |
Web | https://www.wcap.ca |
Whitecap Resources Management Efficiency
The company has return on total asset (ROA) of 0.0589 % which means that it generated a profit of $0.0589 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1447 %, meaning that it generated $0.1447 on every $100 dollars invested by stockholders. Whitecap Resources' management efficiency ratios could be used to measure how well Whitecap Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of March 2025, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.11. At this time, Whitecap Resources' Return On Assets are very stable compared to the past year.Similar Executives
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Management Performance
Return On Equity | 0.14 | ||||
Return On Asset | 0.0589 |
Whitecap Resources Leadership Team
Elected by the shareholders, the Whitecap Resources' board of directors comprises two types of representatives: Whitecap Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Whitecap. The board's role is to monitor Whitecap Resources' management team and ensure that shareholders' interests are well served. Whitecap Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Whitecap Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Daryl Gilbert, Independent Director | ||
Heather Culbert, Independent Director | ||
Brad Wall, Director | ||
Darin Dunlop, Vice President - Engineering | ||
Kenneth Stickland, Independent Chairman of the Board | ||
Glenn McNamara, Independent Director | ||
Jeffrey Zdunich, VP Controller | ||
Thanh Kang, Chief Financial Officer | ||
Grant Zawalsky, Independent Director | ||
Jeffery Zdunich, Vice President - Finance and Controller | ||
Timothy Richardson, General Counsel | ||
Joel Armstrong, Vice President - Production and Operations | ||
Bradley Wall, Independent Director | ||
Grant Fagerheim, Chairman, CEO and President Member of Health, Safety and Environment Committee and Member of Reserves Committee | ||
David Mombourquette, Vice President - Business Development & IT | ||
P Lebsack, Vice President - Land | ||
Gregory Fletcher, Independent Director | ||
Stephen Nikiforuk, Independent Director | ||
Andrew Bullock, Vice President - Exploration & Geosciences |
Whitecap 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 Whitecap Resources 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 | 0.14 | ||||
Return On Asset | 0.0589 | ||||
Profit Margin | 0.24 % | ||||
Operating Margin | 0.15 % | ||||
Current Valuation | 6.26 B | ||||
Shares Outstanding | 587.5 M | ||||
Shares Owned By Insiders | 0.86 % | ||||
Shares Owned By Institutions | 23.21 % | ||||
Number Of Shares Shorted | 10.34 M | ||||
Price To Earning | 16.51 X |
Pair Trading with Whitecap Resources
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 Whitecap Resources 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 Whitecap Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Whitecap Stock
0.67 | ENB-PFU | Enbridge Pref L | PairCorr |
0.61 | BRK | Berkshire Hathaway CDR | PairCorr |
0.6 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.57 | SAGE | Sage Potash Corp | PairCorr |
The ability to find closely correlated positions to Whitecap Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitecap Resources 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 Whitecap Resources - 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 Whitecap Resources to buy it.
The correlation of Whitecap Resources 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 Whitecap Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitecap Resources 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 Whitecap Resources 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 Whitecap Stock
Whitecap Resources financial ratios help investors to determine whether Whitecap 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 Whitecap with respect to the benefits of owning Whitecap Resources security.