Sheldon Steeves - NuVista Energy Independent Director

NVA Stock  CAD 12.82  0.02  0.16%   

Director

Mr. Sheldon B. Steeves is Independent Director of NuVista Energy Ltd. Mr. Steeves has more than 35 years of experience in the North American oil and natural gas business. Mr. Steeves was most recently the Chief Executive Officer and Chairman of Echoex Ltd., a private oil and natural gas exploration and production company. Mr. Steeves started Echoex Ltd. in January of 2001 and monetized the company in April 2012. Prior to Echoex, Mr. Steeves was the Chief Operating Officer of Renaissance Energy Ltd since 2013.
Age 65
Tenure 11 years
Address 2500, 525 ? 8th Ave SW, Calgary, AB, Canada, T2P 1G1
Phone403-538-8500
Webhttps://nvaenergy.com
Steeves holds a BS degree in Geology from the University of Calgary and is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta, the Canadian Society of Petroleum Geologists and the American Association of Petroleum Geologists.

NuVista Energy Management Efficiency

The company has return on total asset (ROA) of 0.1071 % which means that it generated a profit of $0.1071 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1816 %, meaning that it generated $0.1816 on every $100 dollars invested by stockholders. NuVista Energy's management efficiency ratios could be used to measure how well NuVista Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of April 2024, Return On Tangible Assets is likely to grow to 0.13. Also, Return On Capital Employed is likely to grow to 0.18. At this time, NuVista Energy's Total Assets are very stable compared to the past year. As of the 27th of April 2024, Total Current Assets is likely to grow to about 209.3 M, while Non Current Assets Total are likely to drop about 1.4 B.
The company has accumulated 332.12 M in total debt with debt to equity ratio (D/E) of 1.58, which is about average as compared to similar companies. NuVista Energy has a current ratio of 1.08, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist NuVista Energy until it has trouble settling it off, either with new capital or with free cash flow. So, NuVista 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 NuVista Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NuVista to invest in growth at high rates of return. When we think about NuVista Energy's use of debt, we should always consider it together with cash and equity.

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NuVista Energy Ltd., a condensate and natural gas company, engages in the development, delineation, and production of condensate, oil, and natural gas reserves in the Western Canadian Sedimentary Basin. NuVista Energy Ltd. was incorporated in 2003 and is headquartered in Calgary, Canada. NUVISTA ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 88 people. NuVista Energy (NVA) is traded on Toronto Exchange in Canada and employs 22 people. NuVista Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

NuVista Energy Leadership Team

Elected by the shareholders, the NuVista Energy's board of directors comprises two types of representatives: NuVista Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NuVista. The board's role is to monitor NuVista Energy's management team and ensure that shareholders' interests are well served. NuVista 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, NuVista Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Wright, President, Chief Executive Officer, Director
Douglas McDavid, Vice President, Development and Engineering
Craig Burton, VP of Bus. Devel. and New Plays
Ryan Paulgaard, Vice President of Production and Facilities
Christopher LeGrow, VP Planning
Ivan CA, CFO Finance
Deborah Stein, Independent Director
Michael Lawford, Chief Operating Officer
Grant Zawalsky, Independent Director
Ross Andreachuk, Chief Financial Officer, Vice President - Finance and Corporate Secretary
Pentti Karkkainen, Independent Chairman of the Board
PEng Eng, CEO President
Tanya Dickison, Director Communications
Ronald Eckhardt, Independent Director
Peter Comber, Independent Director
Keith MacPhail, Independent Chairman of the Board
Joshua Truba, Vice President - Land and Business Development
Sheldon Steeves, Independent Director
Chris McDavid, VP of Operations
Brian Shaw, Independent Director
Ronald Poelzer, Independent Director
Kevin Asman, Vice President - Marketing

NuVista 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 NuVista 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.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuVista Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the NuVista Energy information on this page should be used as a complementary analysis to other NuVista Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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