Douglas Bolen - Delta Oil Chairman of the Board and Presidentident, CEO

Chairman

Mr. Douglas N. Bolen was appointed as Chairman of the Board, President, Chief Executive Officer of Company. He previously serves as Chairman of the Board and President of Delta Oil Gas, Inc. Mr. Douglas Bolen was appointed as Chief Executive Officer, President and director on April 15, 2004. Mr. Bolen resigned as Chief Executive Officer on April 6, 2009, but continues to serve as President and Chairman of the Board. Mr. Bolen received a Bachelor of Arts from the University of Regina, Saskatchewan in 1991 and his Bachelor of Laws from the University of Saskatchewan in 1995 since 2015.
Age 58
Tenure 9 years
Address 710 North Post Oak Road, Houston, TX, United States, 77024
Phone281-946-3582
Webhttps://www.deltaoilandgas.com
Bolen is a member in standing of the Law Society of Saskatchewan, the Regina Bar Association and the Canadian Bar Association. From 1995 to 1999, Mr. Bolen articled and practiced law at Balfour Moss, Barristers and Solicitors, a Regina, Canada based law firm with a practice concentration in the area of Corporationrationrationrate Commercial law. In 2011, Mr. Bolen became a practicing member of the Law Society of British Columbia. From 1999 to the present, Mr. Bolen was providing consulting services to small to medium sized U.S. and Canadian based businesses.

Delta Oil Management Efficiency

The company has return on total asset (ROA) of (0.5324) % which means that it has lost $0.5324 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.7793) %, meaning that it created substantial loss on money invested by shareholders. Delta Oil's management efficiency ratios could be used to measure how well Delta Oil manages its routine affairs as well as how well it operates its assets and liabilities. At present, Delta Oil's Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 472.2 K, whereas Net Tangible Assets are forecasted to decline to about 489.9 K.
Delta Oil Gas currently holds 173.8 K in liabilities with Debt to Equity (D/E) ratio of 2.44, implying the company greatly relies on financing operations through barrowing. Delta Oil Gas has a current ratio of 0.26, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Delta Oil's use of debt, we should always consider it together with its cash and equity.

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Delta Oil Gas, Inc., an independent natural gas and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States and Canada. The company was incorporated in 2001 and is based in Houston, Texas. Delta Oil is traded on OTC Exchange in the United States. Delta Oil Gas (DLTA) is traded on OTCCE Exchange in USA and employs 9 people.

Management Performance

Delta Oil Gas Leadership Team

Elected by the shareholders, the Delta Oil's board of directors comprises two types of representatives: Delta Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Delta. The board's role is to monitor Delta Oil's management team and ensure that shareholders' interests are well served. Delta Oil'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, Delta Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Erik Dyson, Chief Officer
Jordan Balencic, Interim Chief Compliance Officer
BSc CA, Principal CFO
Jeremy Beneze, Controller
Jordan DO, Interim Officer
Amanda Stephenson, Director Finance
Gregory Thomas, President CEO
Douglas Bolen, Chairman of the Board and Presidentident, CEO
Christopher Tate, Director

Delta 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 Delta Oil 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.

Also Currently Popular

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When determining whether Delta Oil Gas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Delta Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Delta Oil Gas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Delta Oil Gas Stock:
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Is Oil & Gas E&P 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 Delta Oil. If investors know Delta 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 Delta Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.03
Quarterly Revenue Growth
0.339
Return On Assets
(0.53)
Return On Equity
(1.78)
The market value of Delta Oil Gas is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Oil's value that differs from its market value or its book value, called intrinsic value, which is Delta Oil'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 Delta Oil's market value can be influenced by many factors that don't directly affect Delta Oil'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 Delta Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Oil'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.