Shane Reeves - West Canyon Chairman
| WCYN Stock | USD 0.0002 0.00 0.00% |
Chairman
Mr. Shane Richard Reeves is Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Treasurer of West Canyon Energy Corporationration He was actively involved in the oil and gas industry over the last nine years where he has held executive positions in both private and public oil and gas companies. Shane is currently a partner in a Houston based, oil and gas fund, which provides acquisition and developmental financing to North American energy companies. Shane is also the Founder and General Partner of Denver based Omni Capital, where he has served as a consultant to numerous oil and gas companies in raising capital for the development of proven properties as well as identifying new acquisition opportunities with proven reserves and potential upside. Prior to that, Shane has held the position of Vice President of Investments with a New York based investment banking firm and Account Executive with Morgan Stanley in Denver, Colorado. since 2009.
| Age | 51 |
| Tenure | 16 years |
| Phone | 281-378-1563 |
| Web | http://www.westcanyonenergy.com |
West Canyon Management Efficiency
The company has return on total asset (ROA) of (1.3316) % which means that it has lost $1.3316 on every $100 spent on assets. This is way below average. West Canyon's management efficiency ratios could be used to measure how well West Canyon manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 1 records | CHAIRMAN Age | ||
| Chris Mazzini | Spindletop OG | 65 | |
Management Performance
| Return On Asset | -1.33 |
West 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 West Canyon 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 Asset | -1.33 | ||||
| Current Valuation | 111.03 K | ||||
| Shares Outstanding | 22.21 M | ||||
| Shares Owned By Institutions | 7.02 % | ||||
| Price To Earning | (0.03) X | ||||
| Price To Book | 0.43 X | ||||
| EBITDA | 729.9 K | ||||
| Net Income | (2.53 M) | ||||
| Cash And Equivalents | 1.74 K | ||||
| Total Debt | 1.19 M |
Pair Trading with West Canyon
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 West Canyon 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 West Canyon will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to West Canyon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace West Canyon 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 West Canyon - 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 West Canyon Energy to buy it.
The correlation of West Canyon 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 West Canyon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if West Canyon 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 West Canyon 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Canyon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Canyon. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Canyon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of West Canyon Energy is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Canyon's value that differs from its market value or its book value, called intrinsic value, which is West Canyon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Canyon's market value can be influenced by many factors that don't directly affect West Canyon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between West Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Canyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Canyon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.