James Granath - Reconnaissance Energy Director

RECO Stock  CAD 0.97  0.02  2.02%   

Insider

James Granath is Director of Reconnaissance Energy Africa
Address PO Box 48326 Bentall, Vancouver, BC, Canada, V7X 1A1
Phone604 423 5384
Webhttps://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.

Similar Executives

Showing other executives

INSIDER Age

QC LLBEnbridge Pref 5
65
Al MonacoEnbridge Pref L
63
Tyler RobinsonEnbridge Pref L
N/A
DaiChung YuEnbridge Pref 5
56
Jonathan MorganEnbridge Pref L
N/A
Colin GruendingEnbridge Pref L
53
DaiChung YuEnbridge Pref 11
56
Al MonacoEnbridge Pref 11
63
Cynthia HansenEnbridge Pref 11
58
Al MonacoEnbridge Pref 5
63
David BrysonEnbridge Pref 5
56
Colin GruendingEnbridge Pref 11
53
Tyler RobinsonEnbridge Pref 11
N/A
Tyler RobinsonEnbridge Pref 5
N/A
Jonathan MorganEnbridge Pref 5
N/A
Patrick MurrayEnbridge Pref L
47
QC LLBEnbridge Pref L
65
Jonathan MorganEnbridge Pref 11
N/A
David BrysonEnbridge Pref 11
56
David BrysonEnbridge Pref L
56
Patrick MurrayEnbridge Pref 11
47
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 27 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
Gitane Silva, Communications Esg
Adam Rubin, General Secretary
H McQueen, Executive Board
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Reconnaissance Stock Analysis

When running Reconnaissance Energy's price analysis, check to measure Reconnaissance Energy'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 Reconnaissance Energy is operating at the current time. Most of Reconnaissance Energy's value examination focuses on studying past and present price action to predict the probability of Reconnaissance Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reconnaissance Energy's price. Additionally, you may evaluate how the addition of Reconnaissance Energy to your portfolios can decrease your overall portfolio volatility.