Michael Politeski - Enerplus Controller - Finance

ERF Stock  CAD 27.61  0.20  0.73%   

Executive

Mr. Michael R. Politeski is Corporationrationrate Controller Treasurer of Enerplus Corporationration Prior thereto Controller Finance of the Corporation since August 2012. Prior thereto Manager Finance of Enerplus since June 2008. since 2013.
Tenure 11 years
Address The Dome Tower, Calgary, AB, Canada, T2P 2Z1
Phone403-298-2200
Webhttps://www.enerplus.com

Enerplus Management Efficiency

The company has return on total asset (ROA) of 0.1812 % which means that it generated a profit of $0.1812 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3959 %, meaning that it generated $0.3959 on every $100 dollars invested by stockholders. Enerplus' management efficiency ratios could be used to measure how well Enerplus manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of April 2024, Return On Tangible Assets is likely to grow to 0.23. Also, Return On Capital Employed is likely to grow to 0.39. At this time, Enerplus' Debt To Assets are very stable compared to the past year. As of the 23rd of April 2024, Fixed Asset Turnover is likely to grow to 1.15, while Non Currrent Assets Other are likely to drop about 5.6 M.
The company has accumulated 80.6 M in total debt with debt to equity ratio (D/E) of 0.63, which is about average as compared to similar companies. Enerplus has a current ratio of 0.54, 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 Enerplus until it has trouble settling it off, either with new capital or with free cash flow. So, Enerplus' 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 Enerplus sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enerplus to invest in growth at high rates of return. When we think about Enerplus' use of debt, we should always consider it together with cash and equity.

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Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada. ENERPLUS CORPORATION operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 383 people. Enerplus (ERF) is traded on Toronto Exchange in Canada and employs 404 people. Enerplus is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Enerplus Leadership Team

Elected by the shareholders, the Enerplus' board of directors comprises two types of representatives: Enerplus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enerplus. The board's role is to monitor Enerplus' management team and ensure that shareholders' interests are well served. Enerplus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Enerplus' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Hoffman, Vice President - Canadian Operations
Jeffrey Sheets, Independent Director
Wade Hutchings, Senior COO
Susan MacKenzie, Independent Director
JoAnne Caza, Vice President - Corporate & Investor Relations
David McCoy, Vice President - Corporate Services, General Counsel & Corporate Secretary
Robert Hodgins, Independent Director
Pamela Ramotowski, Vice Culture
Nathan Fisher, Vice President - U.S. Development and Geosciences
Shaina Morihira, Vice President - Finance
Edward McLaughlin, President - U.S. Operations
Lisa Ower, Vice President - Human Resources
Scott Walsh, Vice President - Information and Corporate Services
Ian Dundas, President, Chief Executive Officer, Director
Sheldon Steeves, Independent Director
David Barr, Independent Director
James Fraser, Independent Director
Jeff Sheets, Director
Drew Mair, Manager, Investor Relations
Elliott Pew, Independent Director
Garth Doll, Vice President of Marketing
Llb BComm, General VP
Michael Politeski, Controller - Finance
Eric Dain, Senior Vice President - Strategic Planning, Reserves and Marketing
Daniel Fitzgerald, Vice President - Business Development
Kenneth Young, Vice President - Land
Robert Kehrig, Vice President - Resource Development
Terry Eichinger, Vice President - U.S. Operations and Engineering
Karen ClarkeWhistler, Independent Director
BCom BComm, CEO Pres
Jodine Labrie, Chief Financial Officer, Senior Vice President
Glen Roane, Independent Director
Judith Buie, Independent Director
Michael Culbert, Independent Director
Hilary Foulkes, Independent Director
Raymond Daniels, Senior Vice President - Operations, People and Culture

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

Pair Trading with Enerplus

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

Moving together with Enerplus Stock

  0.9ENB-PFC Enbridge Pref 11PairCorr
  0.85ENB-PFU Enbridge Pref LPairCorr
  0.67ENS-PA E Split CorpPairCorr

Moving against Enerplus Stock

  0.43SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Enerplus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enerplus 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 Enerplus - 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 Enerplus to buy it.
The correlation of Enerplus 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 Enerplus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enerplus 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 Enerplus 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
When determining whether Enerplus is a strong investment it is important to analyze Enerplus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enerplus' future performance. For an informed investment choice regarding Enerplus Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerplus. 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.
To learn how to invest in Enerplus Stock, please use our How to Invest in Enerplus guide.
Note that the Enerplus information on this page should be used as a complementary analysis to other Enerplus' 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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