Efstratios Arapoglou - TransAtlantic Petroleum Independent Chairman of the Board

TNPDelisted Stock  USD 29.28  0.26  0.88%   

Insider

Efstratios Arapoglou is Independent Chairman of the Board of TransAtlantic Petroleum since 2014.
Age 68
Tenure 10 years
Phone30 210 94 07 710
Webhttps://www.tenn.gr

TransAtlantic Petroleum Management Efficiency

The company has Return on Asset of 0.0503 % which means that on every $100 spent on assets, it made $0.0503 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1086 %, implying that it generated $0.1086 on every 100 dollars invested. TransAtlantic Petroleum's management efficiency ratios could be used to measure how well TransAtlantic Petroleum manages its routine affairs as well as how well it operates its assets and liabilities.
TransAtlantic Petroleum has 1.6 B in debt with debt to equity (D/E) ratio of 1.13, which is OK given its current industry classification. TransAtlantic Petroleum has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist TransAtlantic Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, TransAtlantic Petroleum'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 TransAtlantic Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TransAtlantic to invest in growth at high rates of return. When we think about TransAtlantic Petroleum's use of debt, we should always consider it together with cash and equity.

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Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece. Tsakos Energy operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. TransAtlantic Petroleum (TNP) is traded on Toronto Exchange in Canada and employs 12 people.

Management Performance

TransAtlantic Petroleum Leadership Team

Elected by the shareholders, the TransAtlantic Petroleum's board of directors comprises two types of representatives: TransAtlantic Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TransAtlantic. The board's role is to monitor TransAtlantic Petroleum's management team and ensure that shareholders' interests are well served. TransAtlantic Petroleum'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, TransAtlantic Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Jolliffe, Co-Founder, Vice Chairman, Chairman of Bus. Devel. and Capital Markets Committee and Member of Operational, Safety and Environmental Committee
Maria Vassalou, Independent Director
Nikolas Tsakos, Founder, CEO and President Executive Director, Chairman of Chartering Committee, Member of Bus. Devel. and Capital Markets Committee and Member of Operational and Financial Risk Committee
George Saroglou, COO, VP, Executive Director, Member of Chartering Committee, Member of Bus. Devel. and Capital Markets Committee and Member of Operational and Financial Risk Committee
Vasileios Papageorgiou, Chief Marine Officer
Paul Durham, CFO, Chief Accounting Officer and Member of Operational and Financial Risk Committee
Efstratios Arapoglou, Independent Chairman of the Board
Aristides Patrinos, Independent Director
Efthimios Mitropoulos, Independent Director
Denis Petropoulos, Independent Director
Nicholas Tommasino, Independent Director
Harrys Kosmatos, Corporate Officer

TransAtlantic 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 TransAtlantic Petroleum 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.

Pair Trading with TransAtlantic Petroleum

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TransAtlantic Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TransAtlantic Petroleum will appreciate offsetting losses from the drop in the long position's value.

Moving together with TransAtlantic Stock

  0.72ENB-PFV Enbridge Pref 5PairCorr
  0.75ENS E Split CorpPairCorr
The ability to find closely correlated positions to TransAtlantic Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TransAtlantic Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TransAtlantic Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TransAtlantic Petroleum to buy it.
The correlation of TransAtlantic Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TransAtlantic Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TransAtlantic Petroleum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TransAtlantic Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in TransAtlantic Stock

If you are still planning to invest in TransAtlantic Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TransAtlantic Petroleum's history and understand the potential risks before investing.
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