Sean Blix of Rainmaker Investment Advisory and Greg Tisdale of EnerCapita Energy have a candid conversation which gives insight to investors so they can understand the EnerCapita journey from the perspective of the CEO who has significant interest in the company from a professional as well as personal perspective. Despite the macro challenges which Canadian O&G companies have been facing for the last few years, Greg is bullish on the future of EnerCapita, and his candid perspective is reassuring.
Since 2016, Greg Tisdale has served as the CEO and has been involved with EnerCapita since its inception in 2014. Greg is a Chartered Accountant and has approximately 30 years experience in the oil and gas industry. The 12 years previous to EnerCapita, Greg was the CFO of Crescent Point Energy; a company which grew from a junior oil and gas company to one of the largest independent oil companies in North America.
Since inception, the thesis for EnerCapita Energy Trust is very compelling and is logical for achieving success; focus on acquiring long life, low decline, low cost, low risk energy assets through the exploitation and optimization of existing production. However, despite achieving all of those fundamentals, the distributions and the value of the shares have been adversely affected. In addition to the updates provided to investors, in this conversation, Greg does a good job addressing these investor concerns.
For investors, it can be very beneficial to learn what motivated management to create the business in the first place, how they measure success in the current turbulent marketplace, and why the team continues to be motivated to achieve success.