David Trann - Western Energy Vice President - Finance

WRG Stock  CAD 2.50  0.07  2.72%   

President

Mr. David G. Trann is Vice President Finance of Western Energy Services Corporationration Mr. Trann is the Vice President Finance of Western. Prior to his appointment, Mr. Trann was the Corporationrationrate Controller of Western from July 2011 to April 2013. From February 2010 to July 2011, Mr. Trann was the Manager Corporationrationrate Reporting for Western. From August 2008 to January 2010, Mr. Trann was the Supervisor, Corporationrationrate Reporting with Harvest Energy Trust. since 2013.
Tenure 11 years
Address 1700, 215 ? 9th Avenue SW, Calgary, AB, Canada, T2P 1K3
Phone403-984-5916
Webhttps://www.wesc.ca

Western Energy Management Efficiency

As of the 14th of December 2024, Return On Capital Employed is likely to grow to 0.01, while Return On Tangible Assets are likely to drop (0.02). As of the 14th of December 2024, Net Tangible Assets is likely to grow to about 286.8 M, while Total Assets are likely to drop about 409.3 M. Western Energy's management efficiency ratios could be used to measure how well Western Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Western Energy Services has accumulated 115.22 M in total debt with debt to equity ratio (D/E) of 0.43, which is about average as compared to similar companies. Western Energy Services has a current ratio of 1.58, which is within standard range for the sector. Debt can assist Western Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Western Energy'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 Western Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Energy's use of debt, we should always consider it together with cash and equity.

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Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company was incorporated in 2013 and is headquartered in Calgary, Canada. WESTERN ENERGY operates under Oil Gas Drilling classification in Canada and is traded on Toronto Stock Exchange. It employs 566 people. Western Energy Services (WRG) is traded on Toronto Exchange in Canada and employs 675 people. Western Energy is listed under Energy Equipment & Services category by Fama And French industry classification.

Management Performance

Western Energy Services Leadership Team

Elected by the shareholders, the Western Energy's board of directors comprises two types of representatives: Western Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Energy's management team and ensure that shareholders' interests are well served. Western Energy'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, Western Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Darcy Reinboldt, Senior Vice President - Operations
John Rooney, Independent Director
Aaron MacAusland, Vice Drilling
Jeffrey Bowers, Chief Financial Officer, Senior Vice President - Finance, Secretary
R Clancy, Vice Services
Peter Balkwill, Vice President - Operations Finance
CFA CPA, Chief Officer
Alex MacAusland, CEO and President Director and Member of Health, Safety and Environment Committee
Daniel Lundstrom, Vice President Health, Safety and Environment
David Trann, Vice President - Finance
Lorne Gartner, Independent Director
Jack Pepper, Vice Drilling
April Williams, Vice Resources
Rick Harrison, Senior Vice President - Western Field Services and Special Projects
Ronald Mathison, Independent Chairman of the Board
Ross Clancy, Vice Services
Peter CA, Vice Finance
Donald Copeland, Independent Director

Western 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 Western Energy 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.

Other Information on Investing in Western Stock

Western Energy financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Energy security.