Samyak Veera - New Frontier Chairman, CEO and Pres

NFEI Stock  USD 0.0001  0.00  0.00%   

Chairman

Mr. Samayak Veera is Chairman of the Board, President, Chief Executive Officer of New Frontier Energy Inc. He elected as Chairman of the Board in March of 2009, was a director since January 2009 and has served as the Chief Executive Officer and President since November 2009. Since 2004, Mr. Veera has provided investment consultancy services, with a specialty in nontraditional asset classes, to select high net worth individuals and family offices. Since 2006, Mr. Veera has provided investment consultancy services for a family office that invests in a wide range of nontraditional investment, including private equity, VC, and real estate. From 2004 to 2006, Mr. Veera was a consultant to a family owned boutique investment firm that specialized in the acquisition of privately held companies. Mr. Veera previously worked at Morgan Stanley Co. Inc in the fixed income group and at Goldman Sachs and Co. Inc., in the equity division. Mr. Veera is currently a director of Roselabs Finance Ltd., a publicly traded NonBanking Finance Company in India. Mr. Veera is a summa cum laude graduate of Harvard college with a concentration in Applied Mathematics. since 2009.
Age 48
Tenure 15 years
Phone303-730-9994

New Frontier Management Efficiency

The company has return on total asset (ROA) of (0.1178) % which means that it has lost $0.1178 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6239) %, meaning that it created substantial loss on money invested by shareholders. New Frontier's management efficiency ratios could be used to measure how well New Frontier manages its routine affairs as well as how well it operates its assets and liabilities.
New Frontier Energy currently holds 4.78 M in liabilities. New Frontier Energy has a current ratio of 6.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist New Frontier until it has trouble settling it off, either with new capital or with free cash flow. So, New Frontier'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 New Frontier Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Frontier's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 14 records

CHAIRMAN Age

Stephen ChazenMagnolia Oil Gas
74
Claiborne DemingMurphy Oil
66
Timothy CuttGulfport Energy Operating
64
William ThorndikeCNX Resources Corp
57
Sylvia GomezGeoPark
58
William ThomasEOG Resources
68
Benjamin DellCivitas Resources
43
James ParkGeoPark
69
Jonathan FratesSandRidge Energy
41
William AlbrechtCalifornia Resources Corp
67
Joseph ForanMatador Resources
72
Mark McFarlandCalifornia Resources Corp
55
Gerald OShaughnessyGeoPark
64
Tiffany CepakCalifornia Resources Corp
48
New Frontier Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and crude oil. New Frontier Energy, Inc. was founded in 2000 and is based in Denver, Colorado. New Frontier operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 3 people. New Frontier Energy [NFEI] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

New Frontier Energy Leadership Team

Elected by the shareholders, the New Frontier's board of directors comprises two types of representatives: New Frontier inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Frontier's management team and ensure that shareholders' interests are well served. New Frontier'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, New Frontier's outside directors are responsible for providing unbiased perspectives on the board's policies.
Samyak Veera, Chairman, CEO and Pres
Roger Davidson, Sec

New 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 New Frontier 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 New Pink Sheet

New Frontier financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Frontier security.