Michael McCormack - APA CEO, Managing Director, Executive Director

APAJF Stock  USD 5.27  0.12  2.33%   

CEO

Mr. Michael Joseph McCormack, BSurv, GraDipEng, MBA, FAICD, is no longer Chief Executive Officer, Managing Director and Executive Director of the Company effective 5 July 2019. Michael has over 30 years experience in the energy infrastructure sector in Australia, and his career has encompassed all aspects of the sector, including commercial development, design, construction, operation and management of most of Australias natural gas pipelines and gas distribution systems. His experience extends to gasfired and renewable energy power generation. Mick is a former Director of Envestra, the Australian Pipeline Industry Association and the Australian Brandenburg Orchestra.
Age 55
Professional MarksMBA
Phone61 2 9693 0000
Webhttps://www.apa.com.au

APA Management Efficiency

The company has return on total asset (ROA) of 0.0379 % which means that it generated a profit of $0.0379 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0931 %, meaning that it generated $0.0931 on every $100 dollars invested by stockholders. APA's management efficiency ratios could be used to measure how well APA manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 10.9 B in total debt with debt to equity ratio (D/E) of 4.36, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. APA Group has a current ratio of 1.97, which is within standard range for the sector. Debt can assist APA until it has trouble settling it off, either with new capital or with free cash flow. So, APA'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 APA Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for APA to invest in growth at high rates of return. When we think about APA's use of debt, we should always consider it together with cash and equity.

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APA Group engages in energy infrastructure business in Australia. The company was incorporated in 2007 and is headquartered in Sydney, Australia. APA GROUP operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. APA Group [APAJF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

APA Group Leadership Team

Elected by the shareholders, the APA's board of directors comprises two types of representatives: APA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of APA. The board's role is to monitor APA's management team and ensure that shareholders' interests are well served. APA'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, APA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael McCormack, CEO, Managing Director, Executive Director
Elise Manns, Group Executive - Human Resources
Debra Goodin, Independent Director
BBus CPA, Pres Devel
BE BEng, Group Devel
Adam FCPA, Acting Officer
Peter Wallace, Group Executive - Human Resources
Sam Pearce, Group Executive - Networks and Power
Nevenka Codevelle, General Counsel, Company Secretary
Michael Fraser, Independent Director
Jane LLB, Safety People
John Ferguson, Group Executive - Networks
Peter Fredricson, CFO
Peter Wasow, Director
LLB BA, G Sec
Yoko Kosugi, Gen Fin
Michael Cox, Head Affairs
James Fazzino, Director
Leonard Bleasel, Non-Executive Independent Chairman of the Board
Steven Crane, Non-Executive Independent Director
Kevin Lester, Group Executive - Infrastructure Development
Julian BCom, Group Commercial
Shirley Veld, Director
John Fletcher, Independent Non-Executive Director
Kynwynn Strong, GM CFO
Patricia McKenzie, Non-Executive Independent Director
Ross Gersbach, Chief Executive - Strategy and Development
Russell Higgins, Independent Non-Executive Director
Darren Rogers, Group Operations
Robert Wheals, Group Executive - Transmission

APA 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 APA 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards APA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, APA's short interest history, or implied volatility extrapolated from APA options trading.

Pair Trading with APA

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 APA 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 APA will appreciate offsetting losses from the drop in the long position's value.

Moving together with APA Pink Sheet

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Moving against APA Pink Sheet

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The ability to find closely correlated positions to APA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APA 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 APA - 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 APA Group to buy it.
The correlation of APA 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 APA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APA Group 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 APA 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running APA's price analysis, check to measure APA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy APA is operating at the current time. Most of APA's value examination focuses on studying past and present price action to predict the probability of APA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APA's price. Additionally, you may evaluate how the addition of APA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.