Daniel Halyk - Total Energy President, Chief Executive Officer, Director

TOT Stock  CAD 11.71  0.03  0.26%   

CEO

Mr. Daniel K. Halyk is the President, Chief Executive Officer and Director of Total Energy Services Inc since 2007. Mr. Halyk has served as a director of the company since 1996. He was Chief Executive Officer since May 2002 and President since June 2007. Mr. Halyk does not sit on any committees of the Board of Directors. Since December 1997, Mr. Halyk was a principal of Trident Capital Partners a private limited partnership that makes investments primarily in the energy, energy services and real estate industries. Prior to starting Trident Capital, Mr. Halyk was a corporate securities lawyer with Bennett Jones LLP in Calgary since 2007.
Age 50
Tenure 17 years
Phone403 216 3939
Webhttps://www.totalenergy.ca
Halyk received his Bachelor of Commerce and Bachelor of Laws degrees from the University of Saskatchewan.

Total Energy Management Efficiency

The company has return on total asset (ROA) of 0.0555 % which means that it generated a profit of $0.0555 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0775 %, meaning that it generated $0.0775 on every $100 dollars invested by stockholders. Total Energy's management efficiency ratios could be used to measure how well Total Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Total Energy Services has accumulated 108.76 M in total debt with debt to equity ratio (D/E) of 0.35, which is about average as compared to similar companies. Total Energy Services has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Total Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Total 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 Total Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Total to invest in growth at high rates of return. When we think about Total Energy's use of debt, we should always consider it together with cash and equity.

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Total Energy Services Inc. provides various products and services to the oil and natural gas industry primarily in Canada, the United States, and Australia. The company was founded in 1996 and is headquartered in Calgary, Canada. TOTAL ENERGY operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. Total Energy Services (TOT) is traded on Toronto Exchange in Canada and employs 15 people. Total Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Total Energy Services Leadership Team

Elected by the shareholders, the Total Energy's board of directors comprises two types of representatives: Total Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Total. The board's role is to monitor Total Energy's management team and ensure that shareholders' interests are well served. Total 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, Total Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Clint Gaboury, Gen Partnership
Bruce Pachkowski, Independent Chairman of the Board
Andrew Wiswell, Independent Director
Cam Danyluk, Vice President - Legal, General Counsel and Corporate Secretary
ACCA CA, VP CFO
Daniel Halyk, President, Chief Executive Officer, Director
Glenn Dagenais, Independent Director
Jeremy BuschHowell, General Legal
William Kosich, Vice President - Drilling Services
Ashley Ting, Corporate Controller
W Crawford, Vice President - Field Services
Yulia Gorbach, Vice President - Finance, Chief Financial Officer
Gregory Melchin, Independent Director
George Chow, Independent Director
Bradley Macson, Vice President - Operations

Total 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 Total 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.

Pair Trading with Total Energy

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 Total Energy 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 Total Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Total Stock

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Moving against Total Stock

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  0.46AIM Aimia IncPairCorr
The ability to find closely correlated positions to Total Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Total Energy 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 Total Energy - 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 Total Energy Services to buy it.
The correlation of Total Energy 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 Total Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Total Energy Services 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 Total Energy 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

Other Information on Investing in Total Stock

Total Energy financial ratios help investors to determine whether Total Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Total with respect to the benefits of owning Total Energy security.