Donald Luft - Trican Well President

TCW Stock  CAD 4.27  0.01  0.23%   

President

Mr. Donald R. Luft serves as a President Chief Operating Officer and NonIndependent Director of Trican Well Service Ltd. Mr. Luft was appointed Trican President and Chief Operating Officer on August 1 2009. Prior thereto Mr. Luft served as Trican Senior Vice President Operations and Chief Operating Officer and was employed by Trican since August 1996. Mr. Luft is a member of the Institute of Corporationrationrate Directors. since 2009.
Age 59
Tenure 15 years
Address 645 ? 7th Avenue SW, Calgary, AB, Canada, T2P 4G8
Phone403-266-0202
Webhttps://tricanwellservice.com

Trican Well Management Efficiency

The company has return on total asset (ROA) of 0.1454 % which means that it generated a profit of $0.1454 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2369 %, meaning that it generated $0.2369 on every $100 dollars invested by stockholders. Trican Well's management efficiency ratios could be used to measure how well Trican Well manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Trican Well's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Assets is likely to grow to 0.18, while Return On Capital Employed is likely to drop 0.14. At this time, Trican Well's Total Assets are very stable compared to the past year. As of the 23rd of April 2024, Non Current Assets Total is likely to grow to about 659.1 M, while Other Current Assets are likely to drop about 5.5 M.
The company has accumulated 42.39 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Trican Well Service has a current ratio of 3.17, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Trican Well until it has trouble settling it off, either with new capital or with free cash flow. So, Trican Well'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 Trican Well Service sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trican to invest in growth at high rates of return. When we think about Trican Well's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 8 records

PRESIDENT Age

Michael BukerPHX Energy Services
55
Cameron RitchiePHX Energy Services
57
Daniel BlanchardPHX Energy Services
56
Joanna ScottMullen Group
N/A
Quinten BertelsenPHX Energy Services
36
Craig BrownPHX Energy Services
52
Jeffery ShaferPHX Energy Services
49
Richard MaloneyMullen Group
N/A
Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. Trican Well Service Ltd. was founded in 1979 and is headquartered in Calgary, Canada. TRICAN WELL operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 1447 people. Trican Well Service (TCW) is traded on Toronto Exchange in Canada and employs 1,195 people. Trican Well is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Trican Well Service Leadership Team

Elected by the shareholders, the Trican Well's board of directors comprises two types of representatives: Trican Well inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trican. The board's role is to monitor Trican Well's management team and ensure that shareholders' interests are well served. Trican Well'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, Trican Well's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Jones, VP of EAME and CIS
Douglas Robinson, Independent Director
Dean Taylor, Independent Director
Dale Dusterhoft, President, Chief Executive Officer, Director
Todd CET, Chief Officer
Deborah Stein, Independent Director
David Girard, Vice President - Human Resources
Robert Skilnick, Chief Financial Officer
Kenneth Bagan, Independent Director
Michael Rapps, Independent Director
Bonita Croft, Vice President - Legal, General Counsel, Corporate Secretary
Bradley MBA, CEO President
Brian Lane, Vice Marketing
Alexander Pourbaix, Independent Director
Robert Cox, Senior Vice President - Operations
Allen Brooks, Lead Independent Director
Dawn Sweany, VP HR
Kevin Nugent, Independent Director
Kathleen McCrum, Vice Resources
Chika Onwuekwe, Vice President - Legal, General Counsel and Corporate Secretary
Bradley Fedora, Independent Chairman of the Board
G Brooks, Lead Independent Director
James McKee, Senior Vice President - Corporate Development
David Westlund, Vice President of Sales and Marketing
Scott Matson, Chief Officer
Michael Baldwin, Senior Vice President - Corporate Development
Murray Cobbe, Non- Independent Chairman of the Board
Donald Luft, President, COO, Non-Independent Director and Member of Health, Safety and Environment Committee

Trican 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 Trican Well 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 Trican Well 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, Trican Well's short interest history, or implied volatility extrapolated from Trican Well options trading.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trican Well Service. 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.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Trican Stock analysis

When running Trican Well's price analysis, check to measure Trican Well'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 Trican Well is operating at the current time. Most of Trican Well's value examination focuses on studying past and present price action to predict the probability of Trican Well's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trican Well's price. Additionally, you may evaluate how the addition of Trican Well to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Fundamental Analysis
View fundamental data based on most recent published financial statements
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Global Correlations
Find global opportunities by holding instruments from different markets
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Please note, there is a significant difference between Trican Well's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trican Well is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trican Well'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.