Forbes Energy Company Insiders
Forbes Energy employs about 786 people. The company is managed by 4 executives with a total tenure of roughly 1834 years, averaging almost 458.0 years of service per executive, having 196.5 employees per reported executive. Breaking down Forbes Energy's management performance can provide insight into the firm performance.
| Melvin Cooper Insider CFO VP |
| Steve Macek Insider Ex COO |
Forbes |
Forbes Energy Management Team Effectiveness
The company has return on total asset (ROA) of (0.0883) % which means that it has lost $0.0883 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.2492) %, meaning that it created substantial loss on money invested by shareholders. Forbes Energy's management efficiency ratios could be used to measure how well Forbes Energy manages its routine affairs as well as how well it operates its assets and liabilities.Roughly 97.31 percent of Forbes Energy outstanding shares are held by general public with 2.69 % by other corporate entities.
Some institutional investors establish a significant position in pink sheets such as Forbes Energy in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Forbes Energy, and when they decide to sell, the pink sheet will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Forbes Energy Workforce Comparison
Forbes Energy Services is one of the top stocks in number of employees category among its peers. The total workforce of Oil & Gas Equipment & Services industry is currently estimated at about 1,618. Forbes Energy totals roughly 786 in number of employees claiming about 49% of all equities under Oil & Gas Equipment & Services industry.
The company has Profit Margin (PM) of (0.73) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.17) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.17. Forbes Energy Services Benchmark Summation
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The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was zero with a total number of output elements of sixty-one. Forbes Energy Services Price Series Summation is a cross summation of Forbes Energy price series and its benchmark/peer.
Forbes Energy Notable Stakeholders
A Forbes Energy stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Forbes Energy often face trade-offs trying to please all of them. Forbes Energy's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Forbes Energy's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Melvin Cooper | CFO VP | Profile | |
| Steve Macek | Ex COO | Profile | |
| Joseph Michetti | Pres LLC | Profile | |
| John Crisp | Pres Chairman | Profile |
About Forbes Energy Management Performance
The success or failure of an entity such as Forbes Energy Services often depends on how effective the management is. Forbes Energy management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Forbes management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Forbes management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Forbes Energy Services, Ltd., an independent oilfield services contractor, provides a range of well site services for oil and natural gas drilling and producing companies to develop and enhance the production of oil and natural gas in the United States. Forbes Energy Services, Ltd. was founded in 2003 and is headquartered in Alice, Texas. FORBES ENERGY operates under Oil Gas Equipment Services classification in the United States and is traded on PNK Exchange. It employs 786 people.
Please note, the imprecision that can be found in Forbes Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Forbes Energy Services. Check Forbes Energy's Beneish M Score to see the likelihood of Forbes Energy's management manipulating its earnings.
Forbes Energy Workforce Analysis
Traditionally, organizations such as Forbes Energy use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Forbes Energy within its industry.Forbes Energy Manpower Efficiency
Return on Forbes Energy Manpower
| Revenue Per Employee | 239.7K | |
| Revenue Per Executive | 47.1M | |
| Net Loss Per Employee | 87K | |
| Net Loss Per Executive | 17.1M |
Additional Tools for Forbes Pink Sheet Analysis
When running Forbes Energy's price analysis, check to measure Forbes 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 Forbes Energy is operating at the current time. Most of Forbes Energy's value examination focuses on studying past and present price action to predict the probability of Forbes 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 Forbes Energy's price. Additionally, you may evaluate how the addition of Forbes Energy to your portfolios can decrease your overall portfolio volatility.