Formerly known as Penn West Petroleum Ltd., Obsidian Energy is an oil and gas mid-sized company based in Canada. Thanks to company’s evenly-balanced portfolio of good-quality assets, the company boasts a daily output of 30000 Barrel of Oil Equivalents (BOE). The values that drive the business are burning passion, an entrepreneurial spirit, high accountability to stakeholders and discipline. Working from this stand the company has also built a stable organizational structure that has facilitated a steady output of high volumes of BOE.
Explaining the change of name, the management posts on their website that the corporation went through substantial alterations in every aspect of its structure that affected all parts of its business. Obsidian thus culminated in the change of its identity and also leading the leadership to define where it would move from there. The company claims to have come out stronger and more versatile than before and promises even higher efficiency and performance in its new identity as Obsidian Energy.
The Company, which is based in Calgary, Alberta, where most of its oil and gas fields are, was among the S&P/TSX 60, the most substantial top 60 companies on the Toronto Stock Exchange. Between 2005-2011 the company attained a pinnacle market capitalization of $9.5 billion.
Located in the region that ranks top among the world’s deposits of oil, the Western Canadian Sedimentary Basin, the company’s location allows future expansion and growth.
In a notice to the shareholders, David French, the Obsidian Energy’s President, and its CEO said that the firm was at a good point given its right assets, a promising balance sheet and a hedging strategy that was prudent and unique.
Obsidian has sustained its listing at New York Stock Exchange and at Toronto Stock Exchange remarkably surviving the slump of oil prices that hit the petroleum market in the years preceding 2010. In a demonstration of the promise for brighter days ahead, the company has steadily grown and expanded its assets since the new CEO took over. The President says the Obsidian Energy would be sustaining a prudent decision-making to build and sustain its share value and market share. Visit This Site for more info.
Read More: https://www.obsidianenergy.com/
National Steel Car Limited is a corporation that designs and manufactures tank cars as well railroad freight cars. It offers a variety of cars that include; hopper, ultra-fast flow coal, gondola. Super duty box, coil, flat, tri top and tri hopper cars. The corporation also deals with manufacture and supplier of freight car parts such as fulcrum brackets, handholds and ladder rounds, trucks and wheelsets, center beams, gauge tables, auto racks among many other parts. In its effort to reach out to more clients, it offers after sale services. National Steel Car Corporation serves the North America market. National Steel Car Limited was founded in 1912. Its stations are based in Hamilton, Canada. It operates as a subsidiary of the larger National Industries Inc.
Now with over one hundred years serving the people of North America, National Steel Car has made it clear that it is committed to quality in its engineering and manufacturing operations. It has created a name for itself as the leader in the car and freight car manufacturing industry in the whole of North America. It serves the Canadian and United States markets. National Steel Car has built a good rapport with their clients by assuring them of quality products. The clients are their strongest talking point. No corporation can survive through for over a century without the support of a loyal customer base. Check Out This Article.
In its recent efforts to expand its reach in the market, National Steel Car has become dynamic and have diversified its operations to address more areas of the technology. The corporation has also invested heavily in innovation which will expand the operations of the company.
National Steel Car has proved to be consistently working for the betterment of their clients’ needs. The company is ISO certified and has been awarded TTX SECO award for quality for over a decade back to back.
Gregory James Aziz is the CEO of NSC. He has been at the helm since he bought the corporation in 1994 from a company known as Dofasco. He is the person responsible for the current business expansion in the corporation. Greg J Aziz has brought in a new fresh of breath that was needed in this old corporation for it survive. He has implemented measures that have had far-reaching implication in the operations of the corporation.
Today James Gregory through NSC has employed more than 2000 workers directly. With the loyal customer base, the corporation has, it can only get better with time.
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Gregory James Aziz is recognized as one the most successful entrepreneurs in the Canada. He was born in 1949 and has grown his career since the early 1970s. Aziz is the proprietor of National Industries Inc., which is the company that owns National Steel Car. National Steel Car is a multi-million-dollar business that builds top-notch railroad freight cars and tank cars. The manufacturers’ main offices are based in Hamilton, Ontario, and its products are sold across the country. Mr. Aziz was awarded an economics degree at the University of Western Ontario. His career started at Affiliated Foods, which is a renowned food wholesaler that distributed products in the United States and Eastern Canada. Gregory was the administrator of Affiliated Foods for about 16 years and managed to grow the company into a global importer. It currently sources fresh foods from Europe and South America.
The businessman took over National Steel Car’s management in 1994 after acquiring it. The railroad freight car manufacturer’s reputation has been outstanding for the past one century due to its remarkable manufacturing, innovation, and engineering approaches. National Steel Car has penetrated the North American market, and its workers are proud to be the continent’s leading builders of railroad freight cars. The firm is value driven, dynamic, and diverse. Greg Aziz has ensured that his company is served by the best technologists and engineers in the industry. All the railroad freight cars and tanks that it offers exceed the expectations of its customers.
Greg Aziz has developed excellent relationships with the supplier, contractors, and clients of National Steel Car. In the past 18 years, the manufacturer has been an undisputed winner of the TTX SECO award because of the quality and uniqueness of its products. The business became the first developer of railroad freight tanks and cars in North America to receive an ISO 9001:2008 certificate. See This Page for More Info.
Since the transfer of National Steel Car’s ownership to Gregory Aziz in 1994, its production has constantly been increasing. He has used outstanding approaches in growing the firm, and they include innovative engineering, team building, and investing in human resource. The company’s staff had grown from 500 to 3000 employees by 2000 and the number of freight cars that it manufactures also increased from 3,500 to 12,000. National Steel Car runs a couple of charity programs that are beneficial to the Hamilton community. It has also been organizing Christmas parties for its current and former workers every year.
See Also: https://about.me/greg.aziz