| PREKF Stock | | | USD 21.11 0.19 0.91% |
CEO
Mr. Andrew M. Phillips is President, Chief Executive Officer, Director of PrairieSky Royalty Ltd. Mr. Phillips is the President and Chief Executive Officer of the Company and has over 15 years of experience in the oil and natural gas industry in the areas of exploration, geology, business development, asset evaluation and executive management. Prior to his appointment as President and Chief Executive Officer of the Company, Mr. Phillips was the President and Chief Executive Officer and a director of Home Quarter Resources Ltd., a private oil and natural gas company founded by Mr. Phillips in 2010 with producing properties and royalty interests in southwest Saskatchewan and Alberta. Home Quarter was successfully divested to a public oil and natural gas company in 2014. Prior thereto, Mr. Phillips was the Vice President, Exploration at Evolve Exploration Ltd., a private junior oil and natural gas company with assets in Western Canada, and an Exploration Geologist at Profico Energy Management Ltd. and at Renaissance Energy Ltd., both of which were Canadian oil and natural gas exploration companies since 2014.
| Age | 45 |
| Tenure | 10 years |
| Phone | 587 293 4000 |
| Web | https://www.prairiesky.com |
Phillips holds a BS, Geology degree from the University of Calgary and is a member of the Association of Professional Engineers and Geoscientists of Alberta.
PrairieSky Royalty Management Efficiency
The company has return on total asset
(ROA) of
0.0784 % which means that it generated a profit of $0.0784 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1184 %, meaning that it generated $0.1184 on every $100 dollars invested by stockholders. PrairieSky Royalty's management efficiency ratios could be used to measure how well PrairieSky Royalty manages its routine affairs as well as how well it operates its assets and liabilities.
PrairieSky Royalty has accumulated 218.3
M in total debt with debt to equity ratio
(D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. PrairieSky Royalty has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PrairieSky Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, PrairieSky Royalty'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 PrairieSky Royalty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PrairieSky to invest in growth at high rates of return. When we think about PrairieSky Royalty's use of debt, we should always consider it together with cash and equity.
Similar Executives
PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. The company was incorporated in 2013 and is headquartered in Calgary, Canada. Prairiesky Rty operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 55 people. PrairieSky Royalty [PREKF] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
PrairieSky Royalty Leadership Team
Elected by the shareholders, the PrairieSky Royalty's board of directors comprises two types of representatives: PrairieSky Royalty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PrairieSky. The board's role is to monitor PrairieSky Royalty's management team and ensure that shareholders' interests are well served. PrairieSky Royalty'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, PrairieSky Royalty's outside directors are responsible for providing unbiased perspectives on the board's policies.
PrairieSky 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 PrairieSky Royalty 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 PrairieSky Pink Sheet
PrairieSky Royalty financial ratios help investors to determine whether PrairieSky 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 PrairieSky with respect to the benefits of owning PrairieSky Royalty security.