Michael Watts - Pharos Energy Non-Executive Director

SOCLF Stock  USD 0.33  0.06  0.00%   

Director

Dr. Michael John Watts is Managing Director, Executive Director of Soco International Plc since 2017.
Age 67
Tenure 7 years
Phone44 20 7747 2000
Webhttps://www.pharos.energy
Mike served as cohead of SOCO’s Business Development group between February 2017 and November 2017, and as an independent NonExecutive Director of the SOCO Board between August 2009 and January 2017. Mike has over 35 years of experience in the oil and gas industry. He was formerly the Deputy Chief Executive of Cairn Energy plc and the Chief Executive Officer and Managing Director of the Amsterdam listed Holland Sea Search Holding NV. Mike has held senior technical and management roles with Premier Oil, Burmah and Shell and as Joint Chief Executive Officer and cofounder of Magna Energy Limited.

Pharos Energy Management Efficiency

The company has return on total asset (ROA) of 0.1431 % which means that it generated a profit of $0.1431 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1311 %, meaning that it generated $0.1311 on every $100 dollars invested by stockholders. Pharos Energy's management efficiency ratios could be used to measure how well Pharos Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Pharos Energy plc has accumulated 47.2 M in total debt with debt to equity ratio (D/E) of 0.24, which may suggest the company is not taking enough advantage from borrowing. Pharos Energy plc has a current ratio of 1.83, which is within standard range for the sector. Debt can assist Pharos Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Pharos Energy'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 Pharos Energy plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pharos to invest in growth at high rates of return. When we think about Pharos Energy's use of debt, we should always consider it together with cash and equity.

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Pharos Energy plc engages in the exploration, development, and production of oil and gas properties. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom. Soco Intl operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 65 people. Pharos Energy plc [SOCLF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Pharos Energy plc Leadership Team

Elected by the shareholders, the Pharos Energy's board of directors comprises two types of representatives: Pharos Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pharos. The board's role is to monitor Pharos Energy's management team and ensure that shareholders' interests are well served. Pharos 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, Pharos Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sue Rivett, CFO Director
Mohamed Sayed, Group East
Michael Watts, Non-Executive Director
CA CTA, CEO Director
Robert Harris, Co Controller
Mr Story, Pres Director
Vincent Duignan, GM Mang
Tony Hunter, Company Sec

Pharos 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 Pharos 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.

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Other Information on Investing in Pharos Pink Sheet

Pharos Energy financial ratios help investors to determine whether Pharos 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 Pharos with respect to the benefits of owning Pharos Energy security.