AKVA Stock | | | USD 0.0001 0.00 0.00% |
CEO
Mr. Pierre Mulacek is President, Chief Executive Officer, Treasurer, Secretary, Director of Arkanova Energy Corporation since April 2007. Mr. Mulacek has over 20 years experience in all facets of the oil and gas industry. Mr. Mulacek attended Texas Tech University from 1979 to 1983 with a focus on Petroleum Land Management until he joined Petroleum Independent and Exploration Corporation as Vice President. Mr. Mulacek was also a founding shareholder of Interoil Corporationration, an integrated oil and gas company listed on the New York Stock Exchange. We believe Mr. Mulacek is qualified to serve on our board of directors because of his knowledge of our companys history and current operations, which he gained from working for our company since April 2007, in addition to his education and business experiences as described above. since 2007.
Age | 61 |
Tenure | 17 years |
Phone | 512 222 0975 |
Web | https://www.arkanovaenergy.com |
Arkanova Energy Management Efficiency
The company has return on total asset
(ROA) of
(0.5873) % which means that it has lost $0.5873 on every $100 spent on assets. This is way below average. Arkanova Energy's management efficiency ratios could be used to measure how well Arkanova Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Arkanova Energy currently holds 14.96
M in liabilities. Arkanova Energy has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Arkanova Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Arkanova Energy'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 Arkanova Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arkanova to invest in growth at high rates of return. When we think about Arkanova Energy's use of debt, we should always consider it together with cash and equity.
Arkanova Energy Corporation, a junior oil and gas producing company, engages in the acquisition, exploration, and development of oil and gas properties in the United States. It also holds leasehold interests located in Pondera and Glacier counties, Montana. Arkanova Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 7 people. Arkanova Energy [AKVA] is a
Pink Sheet which is traded between brokers over the counter.
Management Performance
Arkanova Energy Leadership Team
Elected by the shareholders, the Arkanova Energy's board of directors comprises two types of representatives: Arkanova Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arkanova. The board's role is to monitor Arkanova Energy's management team and ensure that shareholders' interests are well served. Arkanova Energy'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, Arkanova Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Arkanova Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Arkanova Energy 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.
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Other Information on Investing in Arkanova Pink Sheet
Arkanova Energy financial ratios help investors to determine whether Arkanova Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Arkanova with respect to the benefits of owning Arkanova Energy security.