| RECO Stock | | | CAD 1.06 0.04 3.92% |
VP
Diana McQueen is Corporate VP of Reconnaissance Energy Africa
| Age | 62 |
| Address | PO Box 48326 Bentall, Vancouver, BC, Canada, V7X 1A1 |
| Phone | 604 423 5384 |
| Web | https://www.reconafrica.com |
Reconnaissance Energy Management Efficiency
The company has return on total asset
(ROA) of
(0.0804) % which means that it has lost $0.0804 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.5723 %, meaning that it generated $0.5723 on every $100 dollars invested by stockholders. Reconnaissance Energy's management efficiency ratios could be used to measure how well Reconnaissance Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -1.97 in 2024.
Return On Capital Employed is likely to drop to -0.51 in 2024. At this time, Reconnaissance Energy's
Total Assets are fairly stable compared to the past year.
Non Current Assets Total is likely to climb to about 168.1
M in 2024, whereas
Other Assets are likely to drop slightly above 632.5
K in 2024.
Reconnaissance Energy Africa has accumulated 5.45
M in total debt with debt to equity ratio
(D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Reconnaissance Energy has a current ratio of 28.76, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Reconnaissance Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Reconnaissance 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 Reconnaissance Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Reconnaissance to invest in growth at high rates of return. When we think about Reconnaissance Energy's use of debt, we should always consider it together with cash and equity.
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in the identification, exploration, and development of oil andor gas assets in Namibia and Botswana. It holds a 90 percent interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 located in Namibia and 100 percent working interest in a petroleum license, which covers an area of 9,921 km2 located in northwestern Botswana. RECONNAISSANCE ENERGY operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange. Reconnaissance Energy Africa (RECO) is traded on TSX Venture Exchange in Canada and employs 15 people. Reconnaissance Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.
Management Performance
Reconnaissance Energy Leadership Team
Elected by the shareholders, the Reconnaissance Energy's board of directors comprises two types of representatives: Reconnaissance Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reconnaissance. The board's role is to monitor Reconnaissance Energy's management team and ensure that shareholders' interests are well served. Reconnaissance 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, Reconnaissance Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ansgar Wanke, Geologist | |
| Carlos Escribano, Chief Financial Officer | |
| Nicholas Steinsberger, Senior Completions | |
| J Park, Chief Executive Officer, Director | |
| Scot Evans, Chief Officer | |
| Chester Idziszek, Chairman of the Board, President, Chief Executive Officer | |
| Diana McQueen, Corporate VP | |
| Dilek Kuban, Chief Officer | |
| Craig CPA, Executive Chairman | |
| Brian Reinsborough, President CEO | |
| Christopher Sembritzky, Senior Exploration | |
| CPA CGA, Chief Officer | |
| James Granath, Director | |
| Adam Rubin, General Secretary | |
| Michelle Borthwick, Corporate Secretary | |
Reconnaissance 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 Reconnaissance 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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Additional Tools for Reconnaissance Stock Analysis
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