Mr. Philip Thick is Chief Executive Officer Managing Director and Director of New Standard Energy Limited since April 2 2013. He was previously NonExecutive Director of the Company. Phil has extensive experience in the downstream oil sector and particularly in the areas of logistics terminals and transport through his experience at Coogee Chemicals and Shell. Phil also brings a valuable understanding of the WA energy market as a result of his most recent role as Managing Director at Coogee Chemicals a company that remains a significant end user of energy in the WA market. Phil is a Civil Engineer from the University of Western Australia and a Fellow of the Australian Institute of Company Directors. He commenced his career in Perth with Alcoa before joining Shell in 1986. A 20 year career with Shell saw stints in London and in most cities around Australia culminating in 8 years in Melbourne where Phil was on the Board of Shell Australia Limited. He was also Chairman of Shell Fiji Limited and a Director of the Australian Institute of Petroleum.
The company has return on total asset (ROA) of (21.7) % which means that it has lost $21.7 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (28.74) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 15.07 M in total debt with debt to equity ratio (D/E) of 0.22 which may suggest the company is not taking enough advantage from borrowing. New Standard Energy Limited has Current Ratio of 1.27 suggesting that it may not be capable to disburse its financial obligations in time and when they become due.
New Standard Energy Limited engages in the exploration, development, and production of oil and gas properties in the United States and Australia. New Standard Energy Limited [NSE] is traded on Australian Securities Exchange in Australia. It is located in West Perth, WA and employs 12 people.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add New Standard Energy Limited to your portfolio