| SKPI Stock | | | USD 0.07 0.06 600.00% |
Chairman
Mr. Karim Jobanputra is Interim Chief Executive Officer, Principal Financial Officer, Secretary, Director of Sky Petroleum Inc. He is an entrepreneur and owns companies that do business mostly in the Middle East and Europe. Mr. Jobanputra has experience in the areas of corporate finance and international business development. Mr. Jobanputra is an entrepreneur and dedicates less than 100 percent of his business efforts to the business of Sky. Mr. Jobanputra has other business interests, some of which may be in the oil and gas industry, and serves on the board of directors and as an officer for private companies since 2014.
| Age | 58 |
| Tenure | 10 years |
| Phone | 469 333 7104 |
| Web | https://www.skypetroleum.com |
Jobanputra also works as a selfemployed consultant based in the United Kingdom and has provided consulting services to companies in the areas of corporate finance and business development in the Asian and Middle East markets, including Indonesia, Qatar, Saudi Arabia, India and China.
Sky Petroleum Management Efficiency
The company has return on total asset
(ROA) of
(2.3234) % which means that it has lost $2.3234 on every $100 spent on assets. This is way below average. Sky Petroleum's management efficiency ratios could be used to measure how well Sky Petroleum manages its routine affairs as well as how well it operates its assets and liabilities.
Sky Petroleum currently holds 31.3
K in liabilities. Sky Petroleum has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Sky Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Sky Petroleum'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 Sky Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sky to invest in growth at high rates of return. When we think about Sky Petroleum's use of debt, we should always consider it together with cash and equity.
Sky Petroleum, Inc. acquires, explores, develops, and produces oil and natural gas properties of others under arrangements in which the company finances the costs in exchange for interests in the oil or natural gas revenue generated by the properties. Sky Petroleum, Inc. was founded in 2002 and is based in Frisco, Texas. Sky Petroleum operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. Sky Petroleum [SKPI] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Sky Petroleum Leadership Team
Elected by the shareholders, the Sky Petroleum's board of directors comprises two types of representatives: Sky Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sky. The board's role is to monitor Sky Petroleum's management team and ensure that shareholders' interests are well served. Sky Petroleum'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, Sky Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Karim Jobanputra, Chairman, Interim Principal Executive Officer, Interim Principal Accounting Officer and Corporate Secretary | |
| Shafiq Rahman, Manager of Fin. and Admin. | |
Sky 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 Sky Petroleum 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Sky Pink Sheet
Sky Petroleum financial ratios help investors to determine whether Sky 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 Sky with respect to the benefits of owning Sky Petroleum security.