Thomas Alford - Western Energy Independent Director

WEEEF Stock  USD 2.01  0.00  0.00%   

Director

Mr. Thomas M. Alford is a Independent Director of Western Energy Services Corporationration Mr. Alford is an independent businessman. Mr. Alford was the President and CEO of IROC Energy Services Corporationration from 2001 until its acquisition by Western on April 22, 2013. Prior thereto Mr. Alford was the President and CEO of Bonus Resource Services Corporationration from December 1997 to October 2000. Mr. Alford has over 34 years of experience in the oil and gas services industry since 2013.
Age 59
Tenure 11 years
Phone403 984 5916
Webhttps://www.wesc.ca
Alford received a Bachelor of Commerce degree from the University of Alberta in 1980.

Western Energy Management Efficiency

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.
The company has accumulated 221.71 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 the United States and is traded on OTC Exchange. It employs 566 people. Western Energy Services [WEEEF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

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, Sr. VP of Operations
Timothy Sebastian, Vice President - Corporate Development and General Counsel
John Rooney, Independent Director
Aaron MacAusland, VP Drilling
Jeffrey Bowers, CFO and Sr. VP of Fin.
Thomas Alford, Independent Director
Alex MacAusland, CEO and President Director and Member of Health, Safety and Environment Committee
Jan Campbell, Corporate Secretary
Daniel Lundstrom, Safety Health
David Trann, VP of Corporate Fin.
Lorne Gartner, Independent Director
Jack Pepper, VP Drilling
Steven MacNabb, Vice President - Health Safety and Environment
April Williams, VP HR
Rick Harrison, Senior Vice President - Operations
Ronald Mathison, Independent Chairman of the Board
Jeff Vathje, VP of HR
Cordell Verweire, Vice President - Marketing
Peter CA, VP Fin
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 pink sheet 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.

Also Currently Popular

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Western Energy Services information on this page should be used as a complementary analysis to other Western 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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