Shi Ning - Bakken Energy Chairman President
| BKEN Stock | USD 0.0001 0.00 0.00% |
Chairman
Shi Ning is Chairman President of Bakken Energy Corp
| Age | 48 |
| Address | Carrera 40, No.10A-65, Medellin, Colombia |
| Phone | 57 4 268 2451 |
| Web | http://www.bakkenenergycorp.com |
Bakken Energy Management Efficiency
The company has return on total asset (ROA) of (0.9821) % which means that it has lost $0.9821 on every $100 spent on assets. This is way below average. Bakken Energy's management efficiency ratios could be used to measure how well Bakken Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to drop to -29.19. In addition to that, Return On Capital Employed is likely to drop to 0.04. As of the 28th of November 2024, Total Assets is likely to drop to 8,721. In addition to that, Net Tangible Assets is likely to drop to about (2 M)Similar Executives
| Found 7 records | CHAIRMAN Age | ||
| William Thomas | EOG Resources | 68 | |
| Lee Tillman | Marathon Oil | 62 | |
| Greg Maxwell | Range Resources Corp | 64 | |
| Larry Nichols | Devon Energy | 82 | |
| Ryan Lance | ConocoPhillips | 62 | |
| Duane Radtke | Devon Energy | 71 | |
| Paul Rady | Antero Resources Corp | 70 | |
Management Performance
| Return On Asset | -0.98 |
Bakken Energy Corp Leadership Team
Elected by the shareholders, the Bakken Energy's board of directors comprises two types of representatives: Bakken Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bakken. The board's role is to monitor Bakken Energy's management team and ensure that shareholders' interests are well served. Bakken 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, Bakken Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael PGeo, Chief Director | ||
| Shi Ning, Chairman President |
Bakken 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 Bakken 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.
| Return On Asset | -0.98 | ||||
| Current Valuation | 2.12 M | ||||
| Shares Outstanding | 547.44 M | ||||
| Price To Sales | 8,128 X | ||||
| Net Income | (246.59 K) | ||||
| Cash And Equivalents | 200 | ||||
| Total Debt | 1.64 M | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (12.66 K) | ||||
| Beta | -1.57 |
Pair Trading with Bakken Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bakken Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bakken Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bakken Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bakken Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bakken Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bakken Energy Corp to buy it.
The correlation of Bakken Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bakken Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bakken Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bakken Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakken Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bakken Energy. If investors know Bakken will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bakken Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.98) |
The market value of Bakken Energy Corp is measured differently than its book value, which is the value of Bakken that is recorded on the company's balance sheet. Investors also form their own opinion of Bakken Energy's value that differs from its market value or its book value, called intrinsic value, which is Bakken Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bakken Energy's market value can be influenced by many factors that don't directly affect Bakken Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bakken Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bakken Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bakken Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.