Per Seime - Tethys Oil Independent Director

TETY Stock  SEK 56.30  0.30  0.54%   

Director

Mr. Per Seime was Independent Director of Tethys Oil AB since May 17, 2017. He holds Master of Law, University of Oslo and Master of Comparative Law, University of Chicago Law School. He is experienced oil and gas lawyer with substantial client base on the Norwegian Continental Shelf. He spent 17 years as partner and head of the oil and gas group in the law firm Simonsen Vogt Wiig, Oslo. He has international experience as Counsel General Counsel for Mobil Oil in Norway, USA and Indonesia. He was Board chairman for Premier Oil Norge and Nexen Exploration Norge, General Counsel in Kongsberg Gruppen for nine years. since 2017.
Age 71
Tenure 7 years
Phone46 8 50 59 47 00
Webhttps://www.tethysoil.com

Tethys Oil Management Efficiency

The company has return on total asset (ROA) of 0.1126 % which means that it generated a profit of $0.1126 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2152 %, meaning that it generated $0.2152 on every $100 dollars invested by stockholders. Tethys Oil's management efficiency ratios could be used to measure how well Tethys Oil manages its routine affairs as well as how well it operates its assets and liabilities.
Tethys Oil AB has accumulated 800 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Tethys Oil AB has a current ratio of 3.88, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Tethys Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Tethys Oil'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 Tethys Oil AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tethys to invest in growth at high rates of return. When we think about Tethys Oil's use of debt, we should always consider it together with cash and equity.
Tethys Oil AB focuses on the exploration and production of oil and natural gas properties. Tethys Oil AB was incorporated in 2001 and is headquartered in Stockholm, Sweden. Tethys Oil operates under Oil Gas EP classification in Sweden and is traded on Stockholm Stock Exchange. It employs 26 people. Tethys Oil AB (TETY) is traded on Stockholm Exchange in Sweden and employs 15 people.

Management Performance

Tethys Oil AB Leadership Team

Elected by the shareholders, the Tethys Oil's board of directors comprises two types of representatives: Tethys Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tethys. The board's role is to monitor Tethys Oil's management team and ensure that shareholders' interests are well served. Tethys 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, Tethys Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gavin Graham, Director
Geoffrey Turbott, Independent Chairman of the Board
Fredrik Robelius, Chief Technical Officer
Magnus Nordin, Founder, CEO, Managing Director and Director
Petter Hjertstedt, Acting Chief Financial Officer
Rob Anderson, Independent Director
Per Seime, Independent Director
Alexandra Herger, Independent Director

Tethys Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Tethys Stock Analysis

When running Tethys Oil's price analysis, check to measure Tethys Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tethys Oil is operating at the current time. Most of Tethys Oil's value examination focuses on studying past and present price action to predict the probability of Tethys Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tethys Oil's price. Additionally, you may evaluate how the addition of Tethys Oil to your portfolios can decrease your overall portfolio volatility.