Andrew Steedman - NXT Energy VP of Operations

NSFDF Stock  USD 0.09  0.01  10.00%   

VP

Mr. Andrew Steedman is Vice President Operations of NXT Energy Solutions Inc., since December 2005 since 2005.
Age 62
Tenure 19 years
Professional MarksMBA
Phone403 206 0805
Webhttps://www.nxtenergy.com
Steedman holds a B.Sc. in Electrical Engineering and an MBA, both from the University of Calgary. Prior to joining NXT, Mr. Steedman was the president of his own management consulting firm. From 2001 to 2003 he was President and CEO of Wireless Networks and was responsible for the overall strategic direction of the company. From 1999 to 2001, he was Senior Manager of Business Development with Nortel Networks. In this role he was responsible for developing Nortel’s unlicensed wireless strategy, identifying strategic partners, developing relationships with key customers and negotiating OEM agreements with key partners. From 1994 to 1999, Mr. Steedman held various positions within Nortel including product management, project management, international business development and marketing. From 1991 to 1994, Mr. Steedman consulted in Bangkok to the Telephone Organization of Thailand

NXT Energy Management Efficiency

The company has return on total asset (ROA) of (0.2327) % which means that it has lost $0.2327 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.417) %, meaning that it generated substantial loss on money invested by shareholders. NXT Energy's management efficiency ratios could be used to measure how well NXT Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 935.18 K in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. NXT Energy Solutions has a current ratio of 1.01, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist NXT Energy until it has trouble settling it off, either with new capital or with free cash flow. So, NXT 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 NXT Energy Solutions sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NXT to invest in growth at high rates of return. When we think about NXT Energy's use of debt, we should always consider it together with cash and equity.

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NXT Energy Solutions Inc., a technology company, provides services to the oil and gas industry through its proprietary stress field detection technology worldwide. NXT Energy Solutions Inc. was incorporated in 1994 and is headquartered in Calgary, Canada. Energy Exploration operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 10 people. NXT Energy Solutions [NSFDF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

NXT Energy Solutions Leadership Team

Elected by the shareholders, the NXT Energy's board of directors comprises two types of representatives: NXT Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NXT. The board's role is to monitor NXT Energy's management team and ensure that shareholders' interests are well served. NXT 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, NXT Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
George Liszicasz, Chairman, CEO and Pres
Thomas Valentine, Corporate Secretary, Independent Director, Chairman of Corporate Governance Committee and Member of Compensation Committee
B JD, Lead Director
Mohammad Saqib, Operations Interpretation
Eugene Woychyshyn, Interim CFO
Enrique Hung, Director GeoScience
Sajid BBA, Director Devel
Andrew Steedman, VP of Operations
Rashid Tippu, Chief Geophysicist

NXT Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is NXT 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.

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXT Energy Solutions. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the NXT Energy Solutions information on this page should be used as a complementary analysis to other NXT 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 NXT OTC Stock analysis

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