Thomas Stan - North American Independent Director

NOA Stock  CAD 28.50  0.08  0.28%   

Director

Mr. Thomas P. Stan is Director of the Company. He has served as a board member on a number of public and private corporations, and is currently the president and chief executive officer of Corval Energy Ltd., an oil company based in Calgary, Alta., focused on exploration and production in Manitoba and Saskatchewan. Previously, Mr. Stan held positions as managing director of investment banking at Desjardins Capital Markets and Blackmont Capital Markets, president and CEO of Phoenix Energy Ltd. and Sound Energy Trust, and chairman and CEO of Total Energy Services Ltd. Mr. Stan began his career at Suncor and spent 16 years at Hess Corporationration as vicepresident of corporate planning. After Petro Canada acquired Hess Canada, he became vicepresident of corporate development of Petro Canada since 2016.
Age 60
Tenure 8 years
Address 27287 - 100 Avenue, Acheson, AB, Canada, T7X 6H8
Phone780 960 7171
Webhttps://nacg.ca
Stan received his bachelor of commerce degree in finance and economics from the University of Saskatchewan.

North American Management Efficiency

The company has return on total asset (ROA) of 0.0824 % which means that it generated a profit of $0.0824 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1556 %, meaning that it generated $0.1556 on every $100 dollars invested by stockholders. North American's management efficiency ratios could be used to measure how well North American manages its routine affairs as well as how well it operates its assets and liabilities. At this time, North American's Return On Tangible Assets are very stable compared to the past year. As of the 3rd of December 2024, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.07. At this time, North American's Asset Turnover is very stable compared to the past year.
North American Construction has accumulated 717.05 M in total debt with debt to equity ratio (D/E) of 2.01, implying the company greatly relies on financing operations through barrowing. North American Const has a current ratio of 1.2, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist North American until it has trouble settling it off, either with new capital or with free cash flow. So, North American'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 North American Const sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North American's use of debt, we should always consider it together with cash and equity.

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North American Construction Group Ltd. provides mining and heavy construction services to the resource development and industrial construction sectors in Canada. The company was founded in 1953 and is headquartered in Acheson, Canada. NORTH AMERICAN operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 165 people. North American Construction (NOA) is traded on Toronto Exchange in Canada and employs 194 people. North American is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

North American Const Leadership Team

Elected by the shareholders, the North American's board of directors comprises two types of representatives: North American inside directors who are chosen from within the company, and outside directors, selected externally and held independent of North. The board's role is to monitor North American's management team and ensure that shareholders' interests are well served. North American'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, North American's outside directors are responsible for providing unbiased perspectives on the board's policies.
Barry Palmer, Vice-President of Heavy Construction and Mining Operations
Jason Veenstra, Chief Financial Officer, Executive Vice President, IR Contact Officer
Ronald McIntosh, Independent Chairman of the Board
CMA CPA, Director Technology
Robert Butler, Vice President - Finance
John Pollesel, Independent Director
CPA CMA, Director Technology
Bryan Pinney, Lead Independent Director
Kristina Williams, Director
Martin Ferron, Chairman of the Board, Chief Executive Officer, Non-Independent Director
Jordan Slator, Vice President, General Counsel
Jay Thornton, Independent Director
Maryse SaintLaurent, Director
Joseph Lambert, President, Chief Operating Officer
Thomas Stan, Independent Director
David Kallay, Vice President of Human Resources and Health, Safety, Environment

North 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 North American 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.

Pair Trading with North American

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if North American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in North American will appreciate offsetting losses from the drop in the long position's value.

Moving against North Stock

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The ability to find closely correlated positions to North American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North American when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back North American - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling North American Construction to buy it.
The correlation of North American is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as North American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North American Const moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for North American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether North American Const offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of North American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of North American Construction Stock. Outlined below are crucial reports that will aid in making a well-informed decision on North American Construction Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between North American's value and its price as these two are different measures arrived at by different means. Investors typically determine if North American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North American'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.