Stig Sivertsen - Electromagnetic Geoservices CEO

EMGS Stock  NOK 2.26  0.08  3.67%   

CEO

Mr. Stig Eide Sivertsen was appointed Director of ElectroMagnetic GeoServices ASA effective as of the beginning of 2016. He no longer serves as Chief Executive Officer of the Company effective as of the beginning of 2016. He has held this position since August 24 2015. He previously served as Independent Deputy Chairman of the Board of Directors of ElectroMagnetic GeoServices ASA. He was Director of the Company since June 2 2010. He was Chairman of the Audit Committee. He has management experience gained from a number of senior positions. He served as Chief Financial Officer of Petroleum GeoServices from 1993 to 1996 after a fouryear period in the same role for Schibsted AS. He founded Nettavisen in 1996 before joining Telenor ASA where he was Member of the Global Executive Management Team for over 10 years among other as Chief Executive Officer of Telenor Broadcast Holding AS. Mr. Sivertsen has served on a number of boards including several listed companies. since 2016.
Age 55
Tenure 8 years
Phone47 91 14 11 49
Webhttps://www.emgs.com

Electromagnetic Geoservices Management Efficiency

The company has return on total asset (ROA) of 0.1979 % which means that it generated a profit of $0.1979 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.363 %, meaning that it generated $0.363 on every $100 dollars invested by stockholders. Electromagnetic Geoservices' management efficiency ratios could be used to measure how well Electromagnetic Geoservices manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 24.68 M in total debt with debt to equity ratio (D/E) of 941.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Electromagnetic Geoservices has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Electromagnetic Geoservices until it has trouble settling it off, either with new capital or with free cash flow. So, Electromagnetic Geoservices' 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 Electromagnetic Geoservices sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Electromagnetic to invest in growth at high rates of return. When we think about Electromagnetic Geoservices' use of debt, we should always consider it together with cash and equity.

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Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic surveying services to the offshore oil and gas exploration industry worldwide. The company was founded in 2002 and is headquartered in Trondheim, Norway. ELECTROMAGNETIC operates under Oil And Gas Equipment And Services classification in Norway and is traded on Oslo Stock Exchange. It employs 125 people. Electromagnetic Geoservices ASA (EMGS) is traded on Oslo Stock Exchange in Norway and employs 35 people.

Management Performance

Electromagnetic Geoservices Leadership Team

Elected by the shareholders, the Electromagnetic Geoservices' board of directors comprises two types of representatives: Electromagnetic Geoservices inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Electromagnetic. The board's role is to monitor Electromagnetic Geoservices' management team and ensure that shareholders' interests are well served. Electromagnetic Geoservices' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Electromagnetic Geoservices' outside directors are responsible for providing unbiased perspectives on the board's policies.
Guro Loken, Director
Svein Ellingsrud, Founder and Technical Director
Graeme Baillie, President Asia and Pacific
Stig Sivertsen, CEO
Even Selnaes, Vice President of Human Resources
Giles Denby, President Eastern Hemisphere
Christiaan Vermeijden, CEO
Hege Veiseth, CFO
Rune Mittet, Chief Scientist
Markus Skaro, Vice President Acquisition
Anne Oian, Director
Marte Karlsen, Director, Employee Representative
Bjrn Lindhom, Chief Officer
Knut Eimstad, Chief Officer
Adam Robinson, Director, Employee Representative
Mimi Berdal, Director
David Neser, COO and Chief Technical Officer
Ole Heggheim, Executive VP of Strategic Devel.
Juan Santana, President EMGS North South Americas (NSA)
Jon Solheim, Director, Employee Representative
Petteri Soininen, Director
Ole Pedersen, Director, Employee Representative
Alexandra Herger, Independent Director
Christel Bronstad, Director, Employee Representative
Friedrich Rothwangl, VP Services
Eystein Eriksrud, Director
Oyvind Bjorndal, Chief Legal Counsel
Jerome Cieza, Vice President QHSSE
Johan Mikkelsen, Director
Bjorn Lindhom, Vice President EMEA
Charlotte Knudsen, Head of Investor Relations
Dag HellandHansen, Global EMEA
Friedrich Roth, Vice President I&I (Imaging & Integration)
Anette Mellbye, Chief Legal Counsel
Vincent Vieugue, Executive VP of Sales and Marketing

Electromagnetic 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 Electromagnetic Geoservices 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 Electromagnetic Geoservices 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, Electromagnetic Geoservices' short interest history, or implied volatility extrapolated from Electromagnetic Geoservices options trading.

Pair Trading with Electromagnetic Geoservices

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

Moving against Electromagnetic Stock

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The ability to find closely correlated positions to Electromagnetic Geoservices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electromagnetic Geoservices 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 Electromagnetic Geoservices - 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 Electromagnetic Geoservices ASA to buy it.
The correlation of Electromagnetic Geoservices 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 Electromagnetic Geoservices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electromagnetic Geoservices 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 Electromagnetic Geoservices 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromagnetic Geoservices ASA. 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.
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When running Electromagnetic Geoservices' price analysis, check to measure Electromagnetic Geoservices' 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 Electromagnetic Geoservices is operating at the current time. Most of Electromagnetic Geoservices' value examination focuses on studying past and present price action to predict the probability of Electromagnetic Geoservices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromagnetic Geoservices' price. Additionally, you may evaluate how the addition of Electromagnetic Geoservices to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Electromagnetic Geoservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromagnetic Geoservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromagnetic Geoservices' 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.