Heather Culbert - Whitecap Resources Independent Director

WCP Stock  CAD 10.23  0.05  0.49%   

Director

Ms. Heather J. Culbert is an Independent Director of Whitecap Resources Inc.is an independent businesswoman, active volunteer and philanthropist currently serving as the Chair of the Board of Governors of the Southern Alberta Institute of Technology, Vice Chair of Export Development Canada, newly appointed to the Board of Development Finance Institute Canada, past Board Chair of United Way Calgary, as a Director of the United Way World Leadership Council and on the Strategic Advisory Board of the Charbonneau Cancer Research Institute. From 1996 to 2006 Ms. Culbert was the Senior Vice President of Corporationrationrate Services with Enerplus Resources Corporationrationration. Prior thereto, she held senior management positions at Cody Energy, Suncor Energy and her own IT management consulting firm. Ms. Culbert holds a Computer Technology Diploma from SAIT and completed the Technology Management program at Northeastern University in 1992. Ms. Culbert completed the Executive Program at Queens University in 2004 and the Not for Profit Governance Program, developed by the Institute of Corporationrationrate Directors, in 2011 since 2017.
Age 59
Tenure 7 years
Address 525 - 8th Avenue SW, Calgary, AB, Canada, T2P 1G1
Phone403 266 0767
Webhttps://www.wcap.ca
Culbert also received an Honorary BS from SAIT in 2014.

Whitecap Resources Management Efficiency

The company has return on total asset (ROA) of 0.0789 % which means that it generated a profit of $0.0789 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1594 %, meaning that it generated $0.1594 on every $100 dollars invested by stockholders. Whitecap Resources' management efficiency ratios could be used to measure how well Whitecap Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.1. Also, Return On Capital Employed is likely to grow to 0.22. At this time, Whitecap Resources' Return On Assets are very stable compared to the past year.
Whitecap Resources has accumulated 1.38 B in total debt with debt to equity ratio (D/E) of 0.19, which may suggest the company is not taking enough advantage from borrowing. Whitecap Resources has a current ratio of 1.03, suggesting that it may not have the ability to pay its financial obligations in time and when they become due. Debt can assist Whitecap Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Whitecap Resources' 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 Whitecap Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Whitecap to invest in growth at high rates of return. When we think about Whitecap Resources' use of debt, we should always consider it together with cash and equity.

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Whitecap Resources Inc., oil and gas company, acquires and develops petroleum and natural gas properties in Canada. As of February 14, 2022, it had a total proved plus probable reserves of 701,829 thousand barrels of oil equivalent. WHITECAP RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 453 people. Whitecap Resources (WCP) is traded on Toronto Exchange in Canada and employs 542 people. Whitecap Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Whitecap Resources Leadership Team

Elected by the shareholders, the Whitecap Resources' board of directors comprises two types of representatives: Whitecap Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Whitecap. The board's role is to monitor Whitecap Resources' management team and ensure that shareholders' interests are well served. Whitecap Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Whitecap Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Daryl Gilbert, Independent Director
Heather Culbert, Independent Director
Brad Wall, Director
Darin Dunlop, Vice President - Engineering
Kenneth Stickland, Independent Chairman of the Board
Glenn McNamara, Independent Director
Jeffrey Zdunich, VP Controller
Thanh Kang, Chief Financial Officer
Grant Zawalsky, Independent Director
Jeffery Zdunich, Vice President - Finance and Controller
Timothy Richardson, General Counsel
Joel Armstrong, Vice President - Production and Operations
Bradley Wall, Independent Director
Grant Fagerheim, Chairman, CEO and President Member of Health, Safety and Environment Committee and Member of Reserves Committee
David Mombourquette, Vice President - Business Development & IT
P Lebsack, Vice President - Land
Gregory Fletcher, Independent Director
Stephen Nikiforuk, Independent Director
Andrew Bullock, Vice President - Exploration & Geosciences

Whitecap 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 Whitecap Resources 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 Whitecap Resources

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 Whitecap Resources 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 Whitecap Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Whitecap Stock

  0.62ENB-PFU Enbridge Pref LPairCorr
The ability to find closely correlated positions to Whitecap Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitecap Resources 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 Whitecap Resources - 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 Whitecap Resources to buy it.
The correlation of Whitecap Resources 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 Whitecap Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitecap Resources 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 Whitecap Resources 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 Whitecap Stock

Whitecap Resources financial ratios help investors to determine whether Whitecap 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 Whitecap with respect to the benefits of owning Whitecap Resources security.