Changing their name from Penn West to Obsidian Energy was the best thing Penn West, now Obsidian energy, ever did. It was like icing to the cake. When it comes to business, perception is everything. What the company is thought of in the market is quite key. Obsidian Energy is a Canadian company that deals in natural gas production and oil.
After a few years facing a number of challenges, Penn west decided to make radical changes for the betterment of their company. The transition included a number of things starting from the investment policies to the management structure and production policies. However, they realized that keeping their previous name would lead people to think that they still were the same company when they are not. This led to the change of their name to Obsidian Energy and the changing of their stalk symbol to OBE.
Other changes they made include a change in the management- board of directors, a change in the restricted share unit and the reduction of shared capital for accounting purposes. By doing this, they were able to iron out the challenges they had faced before from the root cause. This allowed them to turn a new leaf. Obsidian Energy was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY). The company has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff.
Considering all the changes this company has gone through, it is set for a great year in 2018. Their new strategy of operations includes ensuring their activities of operation are within their means. Their balance sheet looks healthy and promising and their investment policies are promise a good chance of the company making profits even if the market prices are doing poorly. Find Additional Information Here.
Disciplined, relentless and accountable. These are the words that now define this company. Considering the results, they have had since their transformation, their future is bright. Their production has improved and now they are producing more than 700 barrels per day. This gives them confidence of their projections for this year considering that this was the results they got in winter. Though modest, the projections for this year are impressive.
The commodity prices this year and the moving dollar also add to their confidence in their performance this coming year.
Obsidian Energy, formerly known as Penn West Exploration, has been a leader in the fuel industry for many years. They have revolutionized the way that people are buying their fuel nowadays. Because Obsidian Energy is their own oil and gas producer, you can feel good knowing that you’re getting a quality product at an affordable price. This prevents you from spending a lot on fuel that you need, which can be a great way to power your home or office without the hefty price tag attached. Be sure to contact Obsidian Energy if you would like more information on what they are able to do for you and when they can deliver their product.
There are a few things that set Obsidian Energy apart from so many of the other fuel companies on the market right now. For one, they are providing a quality product that is sure to last. Unlike other fuels that you might burn through quickly and easily, the fuel that Obsidian Energy provides is far superior and is going to last. This ultimately saves you money because you’re not worried that you have to continually reorder when you are unable to do this without breaking the bank. The next thing that sets Obsidian Energy apart from so many other fuel companies is the price involved. Not only are you getting a quality product that is sure to last, but you’re also spending less money on it when compared to other providers. Read This Article for related information.
Obsidian was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY). With several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff.
If you would like to learn more about Obsidian Energy and what they are offering to the public, you can contact them or visit their site. You can then find out about their products and the prices that go along with them so that you can more easily place your order. Obsidian has been a trusted fuel producer in Canada for well over 15 years. Despite the fact that they work with thousands of customers worldwide, you are still going to get a more personalized experience than if you were working with other companies that are able to deliver or provide fuel to you when you are in need of it.
As a dreamer, Roberto Santiago wanted to do something that was big and something that would make a difference for other people. He believed he had the key to helping and he knew there would be other options he could use if he was going to continue to help the people who lived in Manaira. Since he saw the value of a mall in his city, he started the Manaira Mall. The mall started out as a relatively small project even though there were some people who doubted what he was doing. He wanted them to realize they were doing their best and were going to be able to continue offering all the best options to those who needed it. In addition, Roberto Santiago felt he would be able to make a difference in the job outlook in Manaira. It helped him bring attention to all the issues and to the things that were going on.
For Roberto Santiago, this was what took over his career. He let some of the other developments he had been working on go and focused solely on the mall. It paid off because the mall is now a mecca for tourists and a place where people feel they can bring their shopping needs. There are also many people who come to the mall with the intention of shopping. They are able to take away what they need while also doing their best to get more out of the shopping options that the mall has.
Roberto Santiago knew it was so important to create a mall that had everything. Food, shopping and entertainment are the keys to a great mall. He knew he wanted it to be different from every other mall people had visited in the past and that’s how he was able to continue contributing to the things that he had going on at the mall. It helped him make sure he was doing things right and gave him the options he needed to be as successful as he possibly could be.
By making exclusive contracts with retailers and food chains, Roberto Santiago was giving the mall what it needed. He knew there were different things that could help people and different options that would allow them to continue being positive in different situations. He also knew the mall would benefit from the things he had to offer. Looking at all of this gave Roberto Santiago the ideas he needed to be successful. It also allowed him the chance to make sure there were things he could do on his own. He had always been successful and that’s what allowed him the chance to truly branch out and expand the mall in the way he has.
Louis Chenevert was chosen as the CEO of United Technologies Corporation in April 2008 and its chairman in January 2010. He had worked in UTC since the year 2006. He had previously served at Pratt and Whitney as the president since April 1999 to March 2006. Earlier before joining Pratt and Whitney, he had committed 14 years at the General Motors in the department of production acting as the manager.
He graduated with a degree in production management from the business school at the University of Montreal. He is a member of the executive agencies of the Business Debate where he executes tax and monetary policy committee and a member of the forum between the U.S and India.
During his work in Pratt and Whitney, his growth to the top of the ladder coincided with a renaissance lead to the increase in performance that is currently producing higher gains in the market share for the mother company. When he was appointed as the CEO at the UTC’s lead to an increase in share price from $37 to $117 that week which is a positive implication of a 200% shareholders value disregarding the payout of dividends.
This increment has been out of Chanevert’s action of moving hundreds of aerospace engineers from lower-cost setting back to Connecticut so that the company would have the flexibility of engaging their expertise where possible in both viable and military market.
Chenevert’s leadership skills were vividly displayed when he was the CEO at the UTC by having the ability to sort projects which had the highest possibility of attaining company’s objectives and goals through motivating people to work towards making the projects successful. In his project, Chenevert pet project called the GTF was ranked on the top and was chosen as an opportunity for the Airbus which established Pratt and Whitney as a powerful group in the marketing of narrow-bodied jet.
Louis Chenevert has earned a reputation for being dependable and competent CEO. While employed at UTC, he was described as a hardworking team leader and well-organized. He was also hired by Goldman Sachs where he was given the duty as an adviser to the firm’s commercial banking division
Roberto Santiago was born on July 16, 1958, in the state of Paraiba in Brazil, where he was also raised. He Developed a keen interest in business and entrepreneurship at a young age and proceeded to study at the Pio X-Marist College. Upon graduation, Santiago chose to further his academics at the University of Canter, in Joao Pessoa. It was from the University of Canter that he graduated with qualifications in Business Administration. Having obtained the relevant skill set in school, Santiago was ready to start his professional life. At a young age, Santiago began work at a company that manufactured décor, namely the Café Santa Rosa. However, his first proper business venture was establishing a company called Carton Age. He would later refer to Carton Age as the beginning of his career life. In a few years, Carton Age had gained wide recognition in Brazil. Benefiting from the experience he had gotten at Carton Age, Santiago sought to advance his career even further.
Santiago took this next step by establishing a company which he named Manaira Shopping Mall, in his hometown of Joao Pessoa in 1989. On its inception, Santiago’s vision of the mall was to serve the people of his hometown and the neighboring regions. He ensured the mall was strategically located to favor shoppers from all regions in the state. In a short time, the mall began attracting the attention of tourists from all over Brazil and other neighboring countries. This was partly attributed to the mall’s client-friendly approach to business, which ensured all clients were served to their satisfaction. With its state-of-the-art facilities and technology, the mall was slowly gaining traction worldwide, attracting more foreign tourists. The mall cemented its place as the regional leisure and entertainment hub. One of the mall’s most outstanding qualities remains to be its versatility. People across all age demographics can find a stall tailored to their needs in the mall.
By this time, Santiago had become widely renowned as one of the leading entrepreneurs in Brazil. He continued to receive acclaim for his vast achievements on the corporate scene. Away from his entrepreneurial success, Santiago is a soft-spoken man who has a passion for sports and philanthropy. He is viewed as an icon in Brazil, and as a symbol of dedication and perseverance to the business community. His notable achievements have seen him receive numerous awards and recognition throughout his career. In 2013, Santiago developed another mall in his hometown and named it Mangeira. With his two malls in the Paraiba region, Santiago has bolstered the socio-economic prospects of both the region and Brazil.