German Forero - CGX Energy Geoscience Mang

OYL Stock  CAD 0.20  0.02  11.11%   

Insider

German Forero is Geoscience Mang of CGX Energy
Address 333 Bay Street, Toronto, ON, Canada, M5H 2T6
Phone416 364 5569
Webhttps://www.cgxenergy.com

CGX Energy Management Efficiency

The company has return on total asset (ROA) of (0.0213) % which means that it has lost $0.0213 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0479) %, meaning that it generated substantial loss on money invested by shareholders. CGX Energy's management efficiency ratios could be used to measure how well CGX Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.04 in 2024. Return On Capital Employed is likely to climb to -0.07 in 2024. At this time, CGX Energy's Non Current Assets Total are fairly stable compared to the past year. Total Current Assets is likely to climb to about 16.7 M in 2024, whereas Other Current Assets are likely to drop slightly above 665.4 K in 2024.
CGX Energy has accumulated 21.45 M in total debt with debt to equity ratio (D/E) of 76.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. CGX Energy has a current ratio of 1.01, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist CGX Energy until it has trouble settling it off, either with new capital or with free cash flow. So, CGX 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 CGX Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CGX to invest in growth at high rates of return. When we think about CGX Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 8 records

INSIDER Age

Mark HawkinsObsidian Energy
N/A
CFA CFAYangarra Resources
N/A
Scott RobinsonGear Energy
N/A
Gary SykesObsidian Energy
N/A
Edward BrownGear Energy
N/A
James CAYangarra Resources
N/A
Terry PEngPine Cliff Energy
N/A
Wilson WangGear Energy
N/A
CGX Energy Inc., an oil and gas exploration company, explores and evaluates petroleum and natural gas properties in Guyana, South America. The company was founded in 1998 and is headquartered in Toronto, Canada. CGX ENERGY operates under Oil Gas EP classification in Canada and is traded on TSX Venture Exchange. CGX Energy (OYL) is traded on TSX Venture Exchange in Canada and employs 10 people. CGX Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

CGX Energy Leadership Team

Elected by the shareholders, the CGX Energy's board of directors comprises two types of representatives: CGX Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CGX. The board's role is to monitor CGX Energy's management team and ensure that shareholders' interests are well served. CGX 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, CGX Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin Lacy, Drilling Director
Julio Colmenares, Director Exploration
Tarachandra Khelawan, Country Guyana
Todd Durkee, Vice Development
German Forero, Geoscience Mang
Paul Langlois, Exploration Mang
Michael Stockinger, Vice Operations
HillYork Poon, Interim Officer
Daniel Sanchez, Chief Officer
Suresh MSc, Executive CoChairman

CGX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CGX 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CGX Stock Analysis

When running CGX Energy's price analysis, check to measure CGX Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CGX Energy is operating at the current time. Most of CGX Energy's value examination focuses on studying past and present price action to predict the probability of CGX Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGX Energy's price. Additionally, you may evaluate how the addition of CGX Energy to your portfolios can decrease your overall portfolio volatility.