Penn West Changes its Name to Obsidian Energy

Penn West is not a new name in the energy market. The company has been in the market for a long time, and it impresses its customer by the kind of products and services it has been delivering. For some time now, the private institution investors had proposed that the name of the company to be changed. The management has the good news the investors have been waiting for. The company has approved the name Obsidian Energy Limited. According to the top management of the energy company, the new name will start being used immediately. Apart from acquiring a new name, the company has a new stock symbol that will be taking effect immediately too. According to the management, the new symbol of the company is expected to appear in the Toronto Exchange and New York Stock Exchange. In less than five working days, the shareholders should expect to see all the new changes. The investors who have been working with the company do not have to worry about the changes. This is because they are not required to take action concerning the change. Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff.

 

Everyone is very excited about the changes made by the management. The CEO of the institution is known as David French, and he is also very excited to be part of the team that has made history in the energy market. According to David French, Obsidian Energy will now be representing a new chapter and also a story in the market. Although the market is very competitive at the moment, the institution knows the trips and strategies used by the giants, and this is why they have been doing so well. The company understands all its principles, and they work hard to make sure that they are all met. The investors and customers are always given the top priority, and this is one of the reasons the institution has done so well. The company has a highly qualified management team who are always keen to give the customers all the attention needed. Under the leadership of David French, the energy company is looking forward to becoming the leader in the market.

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Learn More: https://www.obsidianenergy.com/

Penn West Re-brands Itself Into Obsidian Energy Ltd

Penn West after so much of consultation with the shareholders settled on a decision of rebranding itself and even changing its name into Obsidian Energy Ltd. This change is not to affect the shareholders whatsoever. The company management expressed its joy for having gone through the transformation process. In his remarks, the company chief executive officer Mr. David French informed the general public of their new strategies. He outlined the three principles that they will use in guiding the company.

 

These are a persistent quest for advance and development, trained specialized and business decision-making to assemble and ensure enterprise value, and responsible and straightforward endeavors with their investors, their accomplices, and their operation area communities. Obsidian Energy is well situated with the right resources, a substantial monetary record and a proper supporting procedure that will enable the Company to set a standard for execution even in bring down price conditions.

 

The shareholders also made some other resolutions besides the name change and availed them in a circular. Some of these included the appointment of the company auditor, the election of Obsidian Energy board of directors, approach to executive compensation and an amendment to the restricted share unit plan. Much of the decisions were made through ballot voting. Additionally, the approval of the reduction of share capital for accounting purposes was done. All these were in an attempt to have the company advance to its desired heights of success. Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff.

 

The organization has made some fantastic progress in the endeavor to come to fruition in the competitive business world. It is a middle-value company and an oil producer with an all-around adjusted arrangement of fantastic resources creating approximately thirty thousand be every day.

 

These resources and the association they have made around them give the correct stage to convey main concern results and an entrepreneurial soul that will enable the organization to prevail in this developing industry. As Penn West, the group experienced noteworthy changes all through the association, changes that have influenced each part of their business and have prompted the redefinition of the Company and how and where it develops from here.

 

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How Invaluable Gregory Aziz Is To National Steel Car

When your company has been in business for over 100 years, then you are certainly doing something right. Currently, Greg Aziz is chairman, CEO, and the president of National Steel Car, and the company has been enjoying success on multiple levels these days. Thanks in part to Aziz, his company is not just focused on being the world’s leader in railroad car manufacturing, they are dedicated to giving back in greater number to a greater audience year after year. Looking back how far the company has come since its inception in 1912, Aziz has National Steel Car positioned to meet the evolving needs of all his customers in the railroad industry.

 

1Gregory J Aziz will tell you that his hard work is not the only reason for the success of his company, it has to do with every one of the 2,000 employees that make up National Steel Car. Not only is the team focused on being diverse and values-driven, they are constantly challenging themselves to be better than they were the day before. Everyone at National Steel Car, including Gregory J Aziz, are constantly raising the bar so they are producing the highest quality rail-cars and exceeding the expectations of those in this industry. The company excels with a on-time delivery performance unrivaled in this industry, and has been awarded the coveted TTX SECO award for excellence over ten years in a row.

 

The employees that make up National Steel Car are able to achieve such success because they all follow a code of conduct that helps them to improve day-to-day over the years. Every worker at National Steel Car is constantly focused on the future with a drive and determination that is unrivaled. Next, the team is always focused on leading and has this relentless focus on improving quality and excellence. Greg Aziz reminds his team that they always need to be honoring all the traditions of their past if they want to truly be a leader in the market. See This Article for more information.

 

National Steel Car has become more than a leader in the manufacturing of freight cars, part of the success of the company is due to their ability to give back. Early on, National Steel Car was giving back to the local Ontario town where they got their start. Helping local charities including the Theater Aquarius and the Hamilton Opera were only a start, today the company is making use of the United Way and Salvation Army to help those in need around the country too.

The Success of Gregory Aziz

Many people recognize Gregory James Aziz by his profound roles since he has contributed especially to the North American business community. Currently, many know him by being the president and CEO of the National Steel Car organization. The entity is among the globally competitive firms and plays main role in setting the pace of the engineering industry. The main target products of the company remain being railroad freight cars. Greg Aziz heads the company’s operations and it is based in Ontario.

 

The leadership fostered by Gregory J Aziz motivates many and is attributable to his wide experience and commitment towards upholding the dignity of human kind. He was born in the year 1949 and has undergone the formal education system in search of knowledge. Greg Aziz went to Ridley College and enrolled in the University of Western Ontario where he majored in Economics. He is a major in business related fields which has given him a competitive edge in his field of experience. Go To This Page for more information.

 

The growth in his business career started by Greg Aziz incorporating himself in the family’s food business that operated as wholesale by the name Affiliated Foods. It was back in the 1971 and his entry signified magnificent change moving the organization to becoming the leading Europe’s, South America’s and Central America’s importer of fresh foods. Later in 1980’s, Greg Aziz ventured in banking investments that gave him the propensity of acquiring the National Steel Car in 1990 from Dofasco. James Aziz had a central objective of ensuring the entity rejuvenated to attain it original status and reputation in the railroad freight cars business both in America and globally.

 

The purchase of National Steel Car gave Gregory J Aziz a great milestone towards growing his business career. He put much focus on revolutionizing the company’s capital investment, increased engineering capacity, human resource satisfaction, and team building. These are the nervous parts of an organization that stimulate it positively towards increasing the propensity to perform. The strategy redefinition approached embraced by Greg James Aziz resulted in company growing its productivity units and staff from 3,500 units to 12,000 units and 600 to 3,000 respectively by 1999.

 

Greg Aziz’s organization has shown commitment in upholding the corporate social responsibility role in society. It has been the sponsor for the Theatre Aquarius, United way, and the Salvation Army. The initiatives have proven playing a major role in the growth and improving many people’s way of living. Greg Aziz is still also a family man who is married to Irene. He has two daughters and they live in Toronto. His business growth and development zeal ever remain a motivating factor to stimulating Gregory J Aziz ambitions.

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Gregory Aziz: A New Business Philosophy

Gregory James Aziz is currently the entrepreneur who restored the business National Steel Car back to its tracks, from a moment of almost bankruptcy to being one of the most important manufacturers of its market right now in the United States.

Greg James Aziz already had administration knowledge before buying and running National Steel Car, and he already had developed leadership skills that would be core to him doing a great job with his new employees. How? Greg Aziz learned everything from his years working with the family business, Affiliated Foods, an international food provider company. Related Information On This Page.

 

In the family business, the entrepreneur learned financial management, economics, shipping mechanisms, and what makes a loyal customer base. He was learning with some of the best businesspeople in his family and their co-workers as well, and it wouldn’t take long for the young executive to understand the crucial traits of a good leader.

He then attended the Western University where he learned and improved the financial aspect of leading a business, and implemented his newfound knowledge in Affiliated Foods with great success.

 

His family began to notice his potential when the business started to develop under some crucial decisions from Greg Aziz, and they noticed that a leader and entrepreneur was maturing inside the young businessman. The income of the family business was increasing, the employment rate was at its best, and new markets were being conquered with the help of Greg.

 

It wouldn’t take long for the bird to leave the nest. Greg Aziz decided to leave the family business and pursue his own company, buying the railroad freight and tank car manufacturer enterprise, National Steel Car.

 

By the time he bought the corporation, National Steel Car was at an all-time low. The business model was outdated; the staff was very unmotivated with the future of the company and bankruptcy was at the doorstep, which were some of the reasons why Greg Aziz was able to buy the company much cheaper than he would otherwise obtain for.

 

For employees who are under Greg Aziz’s wing now in National Steel Car, that seems like a very distant reality. Currently, in 2017, the corporation is doing great.

 

So, how did Gregory J Aziz, in the role of the Chief Executive Officer of the enterprise, turned the tables and restored National Steel Car to its former glory? The leadership traits that he learned with his family, administration techniques and a new philosophy for the business.

National Steel Cars The Award-Winning Company Under Greg Aziz.

During his tenure as the President of the National Steel Car, the North America’s top rail freight car manufacturer in Hamilton Ontario, Greg Aziz has steered the once Canadian company to have significant achievements. Born on April 30, 1949, the economics graduate from Western University has driven the company to great heights. He also holds the Chairman and President dockets in the business. During his earlier days in the late 1980s and late 1990s, Gregory J. Aziz had worked in New York where he had interests in banking. He had also worked in family business and helped the Affiliated Foods Company become a worldwide importer of fresh foods from many parts of America and Europe. The company also distributed fresh foods to wholesale markets across Eastern Canada and the United States. All these were due to the leadership of Greg Aziz.

 

But it’s through the National Steel Car that Gregory James Aziz has displayed his leadership over the years. Since he succeeded in organizing the purchase of the company from Dofasco in 1994, he has transformed the former Canadian company to the top North America’s railroad freight car manufacturer. The Company was able to produce 12,000 cars annually up from 3,500. It achieved all this in just five years. The company also increased its workforce to 3,000 from 600 employees thanks to the leadership of Greg Aziz. The National Steel Car through the administration of Gregory James Aziz has given back to the community through sponsoring some project like the Salvation Army, the United Way, Hamilton Opera and Theatre Aquarius.

 

Gregory James Aziz has steered the National Cars to be the only railroad freight car engineering and manufacturing company certified ISO 9001:2008 for 18 years. Another award that the company holds is the highest quality award since 1996 TTX SECO. The National Car invites all its employees and their families to annual Christmas party each year where they participate in significant food drives.

 

Gregory Aziz is from Ontario. which happens to also be the home to this great corporation, National Steel Company. Greg Aziz went to institutions of higher learning in the same area of Ontario. He attended Western Ontario University for his degree in economics. His educational backgrounds in economics would prove very important when he was making business investment decisions. For instance, when he was buying the National Steel Car not many people thought he could be capable of reviving its operations, but he did. View More Information Here.

Fetch Some Details About National Steel Car’s President and CEO, James Aziz

Gregory James Aziz is an incredible global leader serving as the president and chief executive officer of National Steel Car. Gregory J. Aziz was born on 30th April 149 in London, Ontario. He attended Ridley College for a course in Economics, something that has significantly influenced his administrative roles. In 1971, Gregory J. Aziz joined a commercial food venture belonging to his family where he stayed as he learned some ropes. It took more than 16 years for the business to expand their presence globally. In the late 1980s up to early 1990s, Greg endeavored in pursuit of investment banking opportunities in New York until he managed to buy National Steel Car in 1994.

 

 

Explore Market Roles Played by National Steel Car

 

 

National Steel Car is a railroad freight car manufacturer known for their commitment to quality delivery. At National Steel, they understand what it means to invest in people. The keystone of the company’s success is basically the people. For this reason, they have earned themselves an excellent reputation in the entire North America. Over time, National Steel Car has learned on improving their service because they believe in getting better day by day. Those working at the company have an identity in the brand, and they confess to having enhanced their general services dynamically, inventively, and in terms of driving the business goals. Their progressive growth has come with diversification as well, allowing the business to handle more responsibilities, which is a sign of development. Go To This Page for additional reads.

 

 

Ways Through Which National Steel Car Ensures Continued Market Relevance

 

 

In a world where the economy keeps fluctuating, only well-founded companies will stand. At National Steel Car, the members are committed to challenging their competence on a regular basis. Their role in car manufacturing is to set the pace, something that every stakeholder agrees to. Integrating their efficiency with strengths is one of the many things that keep them on the move. In fact, they have, on several occasions, been honored for their excellent performance. Such great achievements motivate them to press harder and improve their performance. The company culture is fantastic; no one rests on the past success unless for motivation.

 

 

Set to Maintain Touch with Customers

 

 

Clients enjoying National Steel Car’s services have maintained their loyalty over time. This is because the company has continued to pay attention to the voice of their customers. Valuing their customer relations plus devoting themselves to pursuit of excellence means everything to them, hence the much-admired success. Greg Aziz will remind you that it’s now over 100 years and still counting.

 

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