Jason Veenstra - Westmoreland Resource CFO

CFO

Mr. Jason William Veenstra is no longer Chief Financial Officer, Treasurer, Director of Westmoreland Resources GP, LLC, a wholly owned subsidiary of Westmoreland Coal Company and the general partner of Westmoreland Resource Partners, LP. effective as of December 15, 2016. Mr. Veenstra joined Westmoreland in April 2014 as CFOCanada. Prior to joining Westmoreland, Mr. Veenstra held various roles at Sherritt International from 2006 until 2014, including serving as Director of Business Development and Chief Financial Officer for the coal division
Age 36
Phone303-922-6463
Webhttp://www.westmorelandMLP.com
Veenstra received a Bachelor of Commerce degree in Accounting from the University of Alberta and articled at Ernst & Young LLP to complete his Chartered Accountant designation.

Westmoreland Resource Management Efficiency

The company has return on total asset (ROA) of (0.21) % which means that it has lost $0.21 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 144.2 %, meaning that it created $144.2 on every $100 dollars invested by stockholders. Westmoreland Resource's management efficiency ratios could be used to measure how well Westmoreland Resource manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 326.3 M in liabilities with Debt to Equity (D/E) ratio of 30.72, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Westmoreland Resource has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Westmoreland Resource until it has trouble settling it off, either with new capital or with free cash flow. So, Westmoreland Resource'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 Westmoreland Resource sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westmoreland to invest in growth at high rates of return. When we think about Westmoreland Resource's use of debt, we should always consider it together with cash and equity.

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Westmoreland Resource Partners, LP, together with its subsidiaries, produces and markets thermal coal in the United States. Westmoreland Resource Partners, LP is a subsidiary of Westmoreland Coal Company. Westmoreland Resource operates under Coal classification in USA and is traded on New York Stock Exchange. Westmoreland Resource Partners (WMLP) is traded on New York Stock Exchange in USA and employs 602 people.

Management Performance

Westmoreland Resource Leadership Team

Elected by the shareholders, the Westmoreland Resource's board of directors comprises two types of representatives: Westmoreland Resource inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westmoreland. The board's role is to monitor Westmoreland Resource's management team and ensure that shareholders' interests are well served. Westmoreland Resource'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, Westmoreland Resource's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jason Veenstra, CFO of Westmoreland Resources GP LLC and Treasurer of Westmoreland Resources GP LLC
Joseph Micheletti, Executive Vice President
Scott Henry, Principal Accounting Officer, Controller
Gregory Honish, Sr. VP of Operations - Westmoreland Resources GP LLC
Kurt Kost, Independent Director of General Partner
Nathan Troup, Interim CFO, Treasurer of the General Partner
Michael Meyer, Principal Accounting Officer of Westmoreland Resources GP LLC and Controller of Westmoreland Resources GP LLC
Robert Clutterbuck, Independent Director of General Partner
Keith Horton, Independent Director of General Partner
Kevin Paprzycki, Chairman of The Board of Westmoreland Resources GP LLC, CEO of Westmoreland Resources GP LLC and President of Westmoreland Resources GP LLC, Chairman of Executive Committee and Member of Compensation and Benefits Committee
Michael Hutchinson, Interim CEO
Thomas Ungurean, Director
Gerald Tywoniuk, Independent Director of General Partner
Jennifer Grafton, Chief Legal Officer of Westmoreland Resources GP LLC, Director of Secretary of Westmoreland Resources GP LLC and Member of Compensation and Benefits Committee

Westmoreland 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 Westmoreland Resource 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 Westmoreland Resource 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, Westmoreland Resource's short interest history, or implied volatility extrapolated from Westmoreland Resource options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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Other Consideration for investing in Westmoreland Stock

If you are still planning to invest in Westmoreland Resource check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Westmoreland Resource's history and understand the potential risks before investing.
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