Chad Lundberg - Baytex Energy Vice President - Business Unit

BTE Stock  CAD 4.75  0.06  1.28%   

President

Mr. Chad E. Lundberg serves of Vice President Business Unit of the Company. He is a professional engineer with 14 years of industry experience. Prior to his current position, Mr. Lundberg held the position of Vice President, Operations with Raging River Exploration Inc. from October, 2016 until August 2018. He held various technical and management roles with Crescent Point Energy Corporation from 2008 until September 2016. Prior to Crescent Point, Mr. Lundberg was an operations consultant from October 2005 until May 2008 and held a completions position at Husky Energy from May 2004 until October 2005 since 2018.
Age 42
Tenure 6 years
Phone587 952 3000
Webhttps://www.baytexenergy.com
Lundberg graduated with a BS in Engineering and is a practicing member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta

Baytex Energy Management Efficiency

The company has return on total asset (ROA) of (0.0197) % which means that it has lost $0.0197 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0856) %, meaning that it generated substantial loss on money invested by shareholders. Baytex Energy's management efficiency ratios could be used to measure how well Baytex Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 937.17 M in total debt with debt to equity ratio (D/E) of 0.47, which is about average as compared to similar companies. Baytex Energy Corp has a current ratio of 0.61, 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 Baytex Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Baytex 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 Baytex Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Baytex to invest in growth at high rates of return. When we think about Baytex Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Grant BorbridgeMEG Energy Corp
N/A
Alan ReidCenovus Energy
N/A
Jeffery ZdunichWhitecap Resources
N/A
Sarah WaltersCenovus Energy
N/A
Keith ChiassonCenovus Energy
N/A
J ZieglgansbergerCenovus Energy
N/A
Darin DunlopWhitecap Resources
57
Matthew TaylorAthabasca Oil Corp
N/A
Kenneth LamontCrescent Point Energy
N/A
Harbir ChhinaCenovus Energy
N/A
Gary MolnarCenovus Energy
54
Mark EadeCrescent Point Energy
N/A
David MombourquetteWhitecap Resources
61
ChiTak YeeMEG Energy Corp
N/A
Karla IngoldsbyAthabasca Oil Corp
N/A
Scott TuttleCrescent Point Energy
N/A
Ryan GritzfeldtCrescent Point Energy
N/A
Bradley BorggardCrescent Point Energy
N/A
Joel ArmstrongWhitecap Resources
57
Jonathan McKenzieCenovus Energy
56
Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada. BAYTEX ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. Baytex Energy Corp (BTE) is traded on Toronto Exchange in Canada and employs 20 people. Baytex Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Baytex Energy Corp Leadership Team

Elected by the shareholders, the Baytex Energy's board of directors comprises two types of representatives: Baytex Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Baytex. The board's role is to monitor Baytex Energy's management team and ensure that shareholders' interests are well served. Baytex 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, Baytex Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
M Lovett, Vice President - Business Development
Eric Greager, CEO President
James Maclean, Chief Secretary
Rodney Gray, Chief Financial Officer, Executive Vice President
Scott Lovett, Vice President - Business Development
Kendall Arthur, Vice President - Lloydminster and Conventional Business Units
Don Hrap, Independent Director
Chad CA, Executive CFO
Naveen Dargan, Independent Director
Trudy Curran, Independent Director
Chris Lessoway, VP Treasurer
Brian Ector, Senior Vice President - Capital Markets and Public Affairs
Mark Bly, Independent Chairman of the Board
Edward LaFehr, President, Chief Executive Officer, Director
Chad Kalmakoff, Vice President - Finance
David Pearce, Independent Director
Jennifer Maki, Independent Director
Julia Gwaltney, Senior Operations
Gregory Melchin, Independent Director
Chad Lundberg, Vice President - Business Unit

Baytex 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 Baytex 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's 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 Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex 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 Baytex Energy Corp information on this page should be used as a complementary analysis to other Baytex 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Baytex Stock analysis

When running Baytex Energy's price analysis, check to measure Baytex 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 Baytex Energy is operating at the current time. Most of Baytex Energy's value examination focuses on studying past and present price action to predict the probability of Baytex 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 Baytex Energy's price. Additionally, you may evaluate how the addition of Baytex Energy to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Stocks Directory
Find actively traded stocks across global markets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex 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.