Brian Schmidt - Tamarack Valley President, Chief Executive Officer, Director

TVE Stock  CAD 3.68  0.07  1.94%   

CEO

Mr. Brian L. Schmidt is President, Chief Executive Officer, Director of Tamarack Valley Energy Ltd. He is also currently a member of the Board of Governors of the Canadian Association of Petroleum Producers. He is a director of Aspenleaf Energy Limited, a private company and is an industry advisor to the Indian Oil Gas CoManagement Board. Prior thereto, he was President, Chief Executive Officer and a director of privatelyheld Tamarack Valley Energy Ltd., a predecessor entity to the Corporationrationration, from August 2009 to June 2010. since 2010.
Age 66
Tenure 14 years
Address Eighth Avenue Place, Calgary, AB, Canada, T2P 1G1
Phone403 263 4440
Webhttps://www.tamarackvalley.ca

Tamarack Valley Management Efficiency

The company has return on total asset (ROA) of 0.0526 % which means that it generated a profit of $0.0526 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0434 %, meaning that it generated $0.0434 on every $100 dollars invested by stockholders. Tamarack Valley's management efficiency ratios could be used to measure how well Tamarack Valley manages its routine affairs as well as how well it operates its assets and liabilities. As of the 3rd of May 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Tamarack Valley's Return On Assets are very stable compared to the past year.
The company has accumulated 56.67 M in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. Tamarack Valley Energy has a current ratio of 0.86, 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 Tamarack Valley until it has trouble settling it off, either with new capital or with free cash flow. So, Tamarack Valley'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 Tamarack Valley Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tamarack to invest in growth at high rates of return. When we think about Tamarack Valley's use of debt, we should always consider it together with cash and equity.

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Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Tamarack Valley Energy Ltd. was incorporated in 2002 and is headquartered in Calgary, Canada. TAMARACK VALLEY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 74 people. Tamarack Valley Energy (TVE) is traded on Toronto Exchange in Canada and employs 107 people. Tamarack Valley is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Tamarack Valley Energy Leadership Team

Elected by the shareholders, the Tamarack Valley's board of directors comprises two types of representatives: Tamarack Valley inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tamarack. The board's role is to monitor Tamarack Valley's management team and ensure that shareholders' interests are well served. Tamarack Valley'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, Tamarack Valley's outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott Shimek, Vice Operations
Martin Malek, Vice President Business Development and Corporate Planning
David MacKenzie, Independent Director
David Christensen, VP Engineering
JuneMarie Innes, Director Sustainability
Marnie Smith, Independent Director
Sanjib LLB, Corporate Secretary
Ken Cruikshank, VP of Land and Officer
Dean Setoguchi, Independent Director
Floyd Price, Independent Chairman of the Board
John Leach, Independent Director
Sony Gill, Corporate Secretary
Steve Buytels, Chief Financial Officer, Vice President - Finance
Rocky Baker, Vice Marketing
Dave Christensen, Vice President - Engineering
Kevin Screen, Vice President - Production and Operations
Ron CMA, CFO and VP of Fin.
Jeffrey Boyce, Independent Director
Robert Spitzer, Independent Director
Scott Reimond, Vice President - Exploration
Noralee Bradley, Corporate Secretary, Independent Director
Brian Schmidt, President, Chief Executive Officer, Director
Ian Currie, Director
Christine Ezinga, Vice Sustainability
Ron Hozjan, Chief Financial Officer, Vice President - Finance
Lynne Chrumka, Vice Exploration

Tamarack 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 Tamarack Valley 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.

Currently Active Assets on Macroaxis

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Please note, there is a significant difference between Tamarack Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tamarack Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tamarack Valley'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.