| VRY Stock | | | CAD 0.98 0.00 0.00% |
Director
Mr. Jonathon G. Weiss is Independent Director of the Company. Mr. Weiss is a director of Doxa Energy Ltd., a TSXV listed company. Mr. Weiss has also been the Vice President, Engineering for Dynamic Production Inc., a company incorporated under the laws of Texas, and has over 25 years of experience in the oil and gas business, with expertise encompassing all facets of engineering inclusive of drilling, completion, production and facilities. He fulfilled the responsibilities of engineering manager for Dynamic Production Inc. from 1987 until July 2004. Mr. Weiss has supervised the drilling and completion of over 125 onshore wells in five states and has engineered conventional, dual and tubingless completions for wells and is coauthor of U.S. patent 7, 451, 814 since 2014.
| Age | 52 |
| Tenure | 10 years |
| Address | 5960 Berkshire Lane, Dallas, TX, United States, 75225 |
| Phone | 214 971 2647 |
| Web | https://www.petrovictoryenergy.com |
Weiss is a member of the Society of Petroleum Engineers, the American Association of Drilling Engineers, and the American Society of Mechanical Engineers. He earned his BS degree in Petroleum Engineering from the University of Texas at Austin in 1983.
Petro Victory Management Efficiency
The company has return on total asset
(ROA) of
(0.304) % which means that it has lost $0.304 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(2.575) %, meaning that it generated substantial loss on money invested by shareholders. Petro Victory's management efficiency ratios could be used to measure how well Petro Victory manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Petro Victory's
Non Current Assets Total are fairly stable compared to the past year.
Non Currrent Assets Other is likely to climb to about 1.3
M in 2024, whereas
Total Assets are likely to drop slightly above 8.7
M in 2024.
Petro Victory Energy Corp has accumulated 3.86
M in total debt with debt to equity ratio
(D/E) of 1.24, which is about average as compared to similar companies. Petro Victory Energy has a current ratio of 0.05, 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 Petro Victory until it has trouble settling it off, either with new capital or with free cash flow. So, Petro Victory'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 Petro Victory Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petro to invest in growth at high rates of return. When we think about Petro Victory's use of debt, we should always consider it together with cash and equity.
Petro-Victory Energy Corp., through its subsidiaries, engages in petroleum and natural gas exploration, and other energy activities in Latin America. Petro-Victory Energy Corp. was incorporated in 2014 and is headquartered in Fort Worth, Texas. PETRO VICTORY operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange. Petro Victory Energy Corp (VRY) is traded on TSX Venture Exchange in Canada and employs 43 people. Petro Victory is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.
Management Performance
Petro Victory Energy Leadership Team
Elected by the shareholders, the Petro Victory's board of directors comprises two types of representatives: Petro Victory inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Petro. The board's role is to monitor Petro Victory's management team and ensure that shareholders' interests are well served. Petro Victory'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, Petro Victory's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Gonzalez, Executive Chairman of the Board | |
| George Burch, Director | |
| Mark Scruggs, VP Director | |
| Michael Shields, Vice President - Exploration | |
| Jonathon Weiss, Independent Director | |
| Daniel Wray, Chief Officer | |
| Richard Lane, Chief Operating Officer | |
| Birken Olson, Non-Executive Director | |
| Patrick Yeghnazar, Chief Executive Officer, Director | |
| Charles Cotter, Director | |
| J Bronson, Chief Financial Officer, Secretary | |
| Andre Naslausky, Chief Officer | |
Petro 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 Petro Victory 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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Additional Tools for Petro Stock Analysis
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