Karim Ayed - Texas Gulf Chairman, CEO and Interim Pres

TXGE Stock  USD 2,556  0.83  0.03%   

Chairman

Mr. Karim Ayed is Chairman of the Board, Interim President and Chief Executive Officer of Texas Gulf Energy, Inc since 2014.
Age 52
Tenure 10 years
Phone281-867-8500
Webhttps://www.tgnrg.com
Ayed obtained his Bachelor degree from Bentley College, Boston, MA. Beginning in April, 2010 to present, he has served as President and CEO of Group EAG Group, which in itself consists of fortytwo companies with worldwide operations on five continents. In this position, he served as VicePresident of International Plant Services, L.L.C. which became a whollyowned subsidiary of the Company in December 2011.

Texas Gulf Management Efficiency

The company has return on total asset (ROA) of (0.3108) % which means that it has lost $0.3108 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.643) %, meaning that it created substantial loss on money invested by shareholders. Texas Gulf's management efficiency ratios could be used to measure how well Texas Gulf manages its routine affairs as well as how well it operates its assets and liabilities.
Texas Gulf Energy currently holds 585.97 K in liabilities with Debt to Equity (D/E) ratio of 1.13, which is about average as compared to similar companies. Texas Gulf Energy has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Texas Gulf until it has trouble settling it off, either with new capital or with free cash flow. So, Texas Gulf'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 Texas Gulf Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Texas to invest in growth at high rates of return. When we think about Texas Gulf's use of debt, we should always consider it together with cash and equity.

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Texas Gulf Energy, Inc. provides turnkey and specialty construction services to a range of industrial and energy sector clients in the United States. It serves engineering firms, general contractors, petrochemical and industrial gas companies, integrated oil companies, and independent petroleum refiners, as well as pipeline, terminal, and oil and gas marketing companies. Texas Gulf operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 32 people. Texas Gulf Energy [TXGE] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Texas Gulf Energy Leadership Team

Elected by the shareholders, the Texas Gulf's board of directors comprises two types of representatives: Texas Gulf inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Texas. The board's role is to monitor Texas Gulf's management team and ensure that shareholders' interests are well served. Texas Gulf'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, Texas Gulf's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sherwood McDonald, VP Devel
Peter Kappler, LLC Services
Maylene Santiago, CFO, Secretary and Treasurer
Karim Ayed, Chairman, CEO and Interim Pres

Texas 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 Texas Gulf 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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Other Information on Investing in Texas Pink Sheet

Texas Gulf financial ratios help investors to determine whether Texas 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 Texas with respect to the benefits of owning Texas Gulf security.