Joe DeVries - Petrichor Energy CEO

ODEFF Stock  USD 0  0.00  0.00%   

CEO

Mr. Joe DeVries serves as the President, Chief Executive Officer, Director of Petrichor Energy Inc since 2011.
Age 63
Tenure 14 years
Phone604 336 8615
Webhttps://www.petrichorenergy.com
DeVries was a selfemployed business manager for several Canadian public companies since January 1990, and was Chief Executive Officer, President and a director of Petrichor Energy Inc. since 2005. He meets on a regular basis with employees involved with inhouse accounting, as well as the Audit Committee and outside Auditors. He is also a director and audit committee member for Altima Resources Ltd. and Allante Resources Ltd. .

Petrichor Energy Management Efficiency

The company has return on total asset (ROA) of (90.6325) % which means that it has lost $90.6325 on every $100 spent on assets. This is way below average. Petrichor Energy's management efficiency ratios could be used to measure how well Petrichor Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Petrichor Energy has accumulated 8.7 M in total debt. Debt can assist Petrichor Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Petrichor 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 Petrichor Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petrichor to invest in growth at high rates of return. When we think about Petrichor Energy's use of debt, we should always consider it together with cash and equity.

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Petrichor Energy Inc. engages in the acquisition, exploration, and development of oil and gas properties in the United States. Petrichor Energy Inc. was founded in 2005 and is headquartered in Vancouver, Canada. Petrichor Energy is traded on OTC Exchange in the United States. Petrichor Energy [ODEFF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Petrichor Energy Leadership Team

Elected by the shareholders, the Petrichor Energy's board of directors comprises two types of representatives: Petrichor Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Petrichor. The board's role is to monitor Petrichor Energy's management team and ensure that shareholders' interests are well served. Petrichor 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, Petrichor Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joe DeVries, CEO and President Director and Member of Audit Committee
CPA CGA, S CFO

Petrichor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Petrichor 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Petrichor OTC Stock

Petrichor Energy financial ratios help investors to determine whether Petrichor OTC Stock 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 Petrichor with respect to the benefits of owning Petrichor Energy security.