Chris Sloof - MEG Energy Vice President - Projects

MEG Stock  CAD 31.16  0.11  0.35%   

President

Mr. Chris Sloof is Vice President Projects of MEG Energy Corporationration Prior to which he served as Project Director from February 2009. He has 25 years of experience with engineering, design and construction of oil, gas and power generation facilities. Prior to joining MEG, Chris held various management roles including Project Manager and Manager of Business Development at Sherritt International Corporationration and Project Manager and Manager of Business Development at SNCLavalin Titan Projects. Chris received a BS from the University of Calgary and the designation of Professional Engineer in 1988. since 2011.
Tenure 13 years
Address Mail Room, Calgary, AB, Canada, T2P 0G5
Phone403-770-0446
Webhttps://www.megenergy.com

MEG Energy Management Efficiency

The company has return on total asset (ROA) of 0.0794 % which means that it generated a profit of $0.0794 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1277 %, meaning that it generated $0.1277 on every $100 dollars invested by stockholders. MEG Energy's management efficiency ratios could be used to measure how well MEG Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.15. At this time, MEG Energy's Fixed Asset Turnover is very stable compared to the past year. As of the 19th of April 2024, Return On Assets is likely to grow to 0.09, while Non Currrent Assets Other are likely to drop about 132.9 M.
The company has accumulated 1.82 B in total debt with debt to equity ratio (D/E) of 0.87, which is about average as compared to similar companies. MEG Energy Corp has a current ratio of 1.38, which is within standard range for the sector. Debt can assist MEG Energy until it has trouble settling it off, either with new capital or with free cash flow. So, MEG 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 MEG Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MEG to invest in growth at high rates of return. When we think about MEG Energy's use of debt, we should always consider it together with cash and equity.

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MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca region of Alberta, Canada. The company was incorporated in 1999 and is headquartered in Calgary, Canada. MEG ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 449 people. MEG Energy Corp (MEG) is traded on Toronto Exchange in Canada and employs 449 people. MEG Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

MEG Energy Corp Leadership Team

Elected by the shareholders, the MEG Energy's board of directors comprises two types of representatives: MEG Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MEG. The board's role is to monitor MEG Energy's management team and ensure that shareholders' interests are well served. MEG 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, MEG Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
John McCoshen, Vice President - Finance, Treasurer
William Klesse, Independent Director
Robert Hodgins, Independent Director
Ian Bruce, Independent Director
Don Moe, Senior Vice President - Supply and Marketing
Grant Billing, Independent Director
CFA CA, Chief Officer
Derek Evans, President, Chief Executive Officer, Director
Peter Kagan, Independent Director
Donald Moe, Vice President - Supply and Marketing
John Rogers, Vice President - Investor Relations & External Communications
Diana McQueen, Independent Director
Lyle Yuzdepski, Senior Vice President General Counsel, Corporate Secretary
Jeremy Gizen, Vice President - Production Operations & Engineering
Chris Sloof, Vice President - Projects
Eric Toews, Chief Financial Officer
Darlene Gates, Chief Officer
Scott Carrothers, Vice President - Finance, Treasurer
John Nearing, Vice President - Finance and Corporate Services
Daniel Farb, Director
Harvey Doerr, Independent Director
Stephen Diotte, Vice President - Human Resources, IT and Corporate Services
Thomas Gear, Vice Operations
Grant Borbridge, Vice President - legal, General Counsel, Corporate Secretary
David Granger, Senior Resources
Judy Fairburn, Independent Director
Helen MBA, Director Relations
James McFarland, Independent Director
Helen Kelly, Director - Investor Relations
Timothy Hodgson, Independent Director
CA CA, Chief Officer
Grant Boyd, Sr. VP of Resource Management for Growth Properties
Jeffrey McCaig, Independent Chairman of the Board
Don Sutherland, Vice President - Regulatory & Community Relations
ChiTak Yee, Senior Vice President - Reservoir and Geosciences
Jamey Fitzgibbon, Senior Vice President - Resource Management-Christina Lake and Special Projects
David Wizinsky, Corporate Secretary, Director
Boyd Anderson, Lead Independent Director
David Krieger, Independent Director
William McCaffrey, Chairman of the Board and Presidentident, CEO
Richard Sendall, Senior Vice President - Strategy and Government Relations

MEG 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 MEG 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.
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 MEG 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, MEG Energy's short interest history, or implied volatility extrapolated from MEG Energy options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MEG 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 MEG Energy Corp information on this page should be used as a complementary analysis to other MEG 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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