Michael Verm - Baytex Energy President
BTE Stock | CAD 5.05 0.01 0.20% |
President
Mr. Michael L. Verm is Vice President U.S. Business Unit of Baytex Energy Corporationration He is President of Baytex primary U.S. operating entity Baytex Energy USA Inc. which is based in Houston Texas. He originally joined Baytex on June 11 2014 as Vice President Eagle Ford Operations. Mr. Verm has over 30 years of experience in the oil and gas industry and has held a number of senior executive positions in North America and internationally. Mr. Verm served as Chief Operating Officer of Aurora Oil Gas Limited from June 2011 to June 2014 since 2014.
Age | 55 |
Tenure | 10 years |
Professional Marks | MBA |
Address | Centennial Place, East Tower, Calgary, AB, Canada, T2P 0R3 |
Phone | 587 952 3000 |
Web | https://www.baytexenergy.com |
Baytex Energy Management Efficiency
The company has return on total asset (ROA) of (0.0214) % which means that it has lost $0.0214 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0681) %, meaning that it generated substantial loss on money invested by shareholders. Baytex Energy's management efficiency ratios could be used to measure how well Baytex Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 17th of April 2024, Return On Capital Employed is likely to grow to 0.11, though Return On Tangible Assets are likely to grow to (0.03). At this time, Baytex Energy's Total Assets are very stable compared to the past year. As of the 17th of April 2024, Non Current Assets Total is likely to grow to about 7.4 B, while Non Currrent Assets Other are likely to drop about 67.4 M.Similar Executives
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Management Performance
Return On Equity | -0.0681 | ||||
Return On Asset | -0.0214 |
Baytex Energy Corp Leadership Team
Elected by the shareholders, the Baytex Energy's board of directors comprises two types of representatives: Baytex Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Baytex. The board's role is to monitor Baytex Energy's management team and ensure that shareholders' interests are well served. Baytex 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, Baytex Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gregory Zimmerman, Vice President - U.S. Business Unit | ||
M Lovett, Vice President - Business Development | ||
Eric Greager, CEO President | ||
James Maclean, Chief Secretary | ||
Mark Montemurro, Vice President - Thermal Projects | ||
Kevin Olson, Independent Director | ||
Andrea Beblow, IR Contact Officer | ||
Kendall Arthur, Vice President - Lloydminster and Conventional Business Units | ||
Don Hrap, Independent Director | ||
Michael Verm, Vice President Managing Director - Eagle Ford operations | ||
Chris Lessoway, VP Treasurer | ||
Brian Ector, Senior Vice President - Capital Markets and Public Affairs | ||
Neil Roszell, Chairman of the Board | ||
Raymond Chan, Non-Executive Chairman of the Board | ||
James Bowzer, CEO and President and Director | ||
Dale Shwed, Independent Director | ||
Chad Kalmakoff, Vice President - Finance | ||
John Brussa, Independent Director | ||
Gregory Melchin, Independent Director | ||
Mary Peters, Director | ||
Gary Bugeaud, Director | ||
Chad Lundberg, Vice President - Business Unit | ||
Rodney Gray, Chief Financial Officer, Executive Vice President | ||
Scott Lovett, Vice President - Business Development | ||
Geoffrey Darcy, Sr. VP of Marketing | ||
Cameron Hercus, Vice President - Corporate Development | ||
Chad CA, Executive CFO | ||
Naveen Dargan, Independent Director | ||
Murray Desrosiers, VP, General Counsel and Corporate Secretary | ||
Trudy Curran, Independent Director | ||
Jason Jaskela, Chief Operating Officer, Executive Vice President - Shale Oil | ||
Mark Bly, Independent Chairman of the Board | ||
RE Goepel, Independent Director | ||
Richard Ramsay, COO | ||
Gregory Sawchenko, Vice President - Land | ||
Edward LaFehr, President, Chief Executive Officer, Director | ||
Jonathan Grimwood, Vice President - Exploration | ||
David Pearce, Independent Director | ||
Jennifer Maki, Independent Director | ||
Scott Rideout, Vice President - Land | ||
Julia Gwaltney, Senior Operations | ||
Edward Chwyl, Lead Independent Director | ||
Ryan Johnson, Vice President - Alberta / B.C. Business Unit |
Baytex 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 Baytex 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.
Return On Equity | -0.0681 | ||||
Return On Asset | -0.0214 | ||||
Profit Margin | (0.09) % | ||||
Operating Margin | (0.76) % | ||||
Current Valuation | 6.53 B | ||||
Shares Outstanding | 821.95 M | ||||
Shares Owned By Insiders | 0.72 % | ||||
Shares Owned By Institutions | 36.91 % | ||||
Number Of Shares Shorted | 11.65 M | ||||
Price To Earning | 158.37 X |
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 Baytex Energy 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, Baytex Energy's short interest history, or implied volatility extrapolated from Baytex Energy options trading.
Pair Trading with Baytex Energy
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 Baytex Energy 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 Baytex Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Baytex Stock
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0.66 | ENS-PA | E Split Corp | PairCorr |
Moving against Baytex Stock
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The ability to find closely correlated positions to Baytex Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baytex Energy 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 Baytex Energy - 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 Baytex Energy Corp to buy it.
The correlation of Baytex Energy 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 Baytex Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baytex Energy Corp 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 Baytex Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. 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 Baytex Energy Corp information on this page should be used as a complementary analysis to other Baytex 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Baytex Stock analysis
When running Baytex Energy's price analysis, check to measure Baytex 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 Baytex Energy is operating at the current time. Most of Baytex Energy's value examination focuses on studying past and present price action to predict the probability of Baytex 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 Baytex Energy's price. Additionally, you may evaluate how the addition of Baytex Energy to your portfolios can decrease your overall portfolio volatility.
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