Mr. Ben T. Morris is the Director of the company. He has served as a director and a member of the audit and compensation committees of the Company since the closing of the merger on September 10 2014. He has served as a director of Yuma Co. since July 2011. He has an extensive financial background with over 20 years of experience in many aspects of the financial sector. He began his career as an accountant at Price Waterhouse Co. in 1967 and in 1973 joined Mid American Oil and Gas Inc. as CFO and later became President of the company. From 1980 to 1986 Mr. Morris served as COO of Tatham Corporationration a privatelyheld oil and gas company. He is a retired CEO of the Sanders Morris Harris Group a financial services and wealth management company he cofounded in 1987 and is still employed by the firm currently. Since August 2014 Mr. Morris has served as a director of Gulfport Energy Inc. where he is a member of the audit committee and its nominating and corporate governance committee. Mr. Morris has served on the boards of several public companies including Capital Title Group American Equity Investment Life Holding Company and Tyler Technologies Inc. where he served as chairman of the audit committee
Age: 69 Director Since 2014
Morris earned a B.B.A. degree from the University of North Texas.
The company has return on total asset (ROA) of (6.26) % which means that it has lost $6.26 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (32.97) % meaning that it created substantial loss on money invested by shareholders.
The company currently holds 27.42 M in liabilities with Debt to Equity (D/E) ratio of 81.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Yuma Energy has Current Ratio of 0.12 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
Yuma Energy, Inc. focuses on the acquisition, development, and exploration for conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. The company also holds operated and non-operated assets located in Jefferson, Brazos, and Madison counties, southeast Texas non-operated position in the East Texas Woodbine and Bakken Shale in North Dakota and operated positions in Kern County in California. Yuma Energy operates under Oil Gas EP classification in USA and traded on American Stock Exchange. It employs 31 people.Yuma Energy (YUMA) is traded on American Stock Exchange in USA. It is located in 1177 West Loop South and employs 31 people.