Reginald Denny - Arkanova Energy Chief Director

AKVA Stock  USD 0.0001  0.00  0.00%   

Director

Mr. Reginald Denny, CPA is Chief Financial Officer, Director of Arkanova Energy Corporation since 2010. Mr. Denny has extensive experience in the controller and senior management functions of companies in the oil and gas, manufacturing and services industries. Mr. Denny has managed the accounting, finance, audit, tax, human resources, banking relations, insurance, legal, planning, treasury, credit, forecasting and budgeting functions reporting to federal and state regulatory agencies. From January 2006 to 2007, Mr. Denny was an independent consultant performing the duties of a controller with several companies. From 1993 to 2005, Mr. Denny was the chief financial officer and controller of a manufacturing company, an international company in the manufacture, service, assembly and sales of trenching machines for the oil and gas industry since 2010.
Age 76
Tenure 14 years
Phone512 222 0975
Webhttps://www.arkanovaenergy.com
Denny received his BBA in Accounting, minor in Finance from the University of Houston and is a registered Certified Public Accountant in Texas. We believe Mr. Denny is qualified to serve on our board of directors because of his knowledge of our company’s history and current operations, which he gained from working for our company since October 2007, in addition to his education and business experiences as described above.

Arkanova Energy Management Efficiency

The company has return on total asset (ROA) of (0.5873) % which means that it has lost $0.5873 on every $100 spent on assets. This is way below average. Arkanova Energy's management efficiency ratios could be used to measure how well Arkanova Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Arkanova Energy currently holds 14.96 M in liabilities. Arkanova 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 when due. Debt can assist Arkanova Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Arkanova 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 Arkanova Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arkanova to invest in growth at high rates of return. When we think about Arkanova Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

James FunkRange Resources Corp
71
Robert DanielsEOG Resources
62
Julie RobertsonEOG Resources
65
Benjamin HardestyAntero Resources Corp
70
Margaret DormanRange Resources Corp
57
Steven GrayRange Resources Corp
61
Maureen LallyGreenCNX Resources Corp
71
Charles CrispEOG Resources
73
Tyler LewisCNX Resources Corp
N/A
Ian McGuireCNX Resources Corp
42
James DayEOG Resources
77
Bruce BurrowsEnwell Energy plc
64
William DavisCNX Resources Corp
75
Paul KorusAntero Resources Corp
62
Brenda ClineRange Resources Corp
60
Joel PriceSan Leon Energy
51
Donald TextorEOG Resources
74
Steffen PalkoRange Resources Corp
69
Michael KerrEOG Resources
61
Janet ClarkEOG Resources
66
Bernard LaniganCNX Resources Corp
73
Arkanova Energy Corporation, a junior oil and gas producing company, engages in the acquisition, exploration, and development of oil and gas properties in the United States. It also holds leasehold interests located in Pondera and Glacier counties, Montana. Arkanova Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 7 people. Arkanova Energy [AKVA] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Arkanova Energy Leadership Team

Elected by the shareholders, the Arkanova Energy's board of directors comprises two types of representatives: Arkanova Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arkanova. The board's role is to monitor Arkanova Energy's management team and ensure that shareholders' interests are well served. Arkanova 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, Arkanova Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Reginald Denny, Chief Director
Pierre Mulacek, CEO and President Secretary, Treasurer and Director

Arkanova Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Arkanova 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Arkanova Pink Sheet

Arkanova Energy financial ratios help investors to determine whether Arkanova Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Arkanova with respect to the benefits of owning Arkanova Energy security.