|Yuma Energy Inc -- USA Stock|| |
USD 0.95 0.0095 0.99%
Founder, Chairman, CEO and Pres
Mr. Sam L. Banks is Chairman of the Board President Chief Executive Officer of Yuma Energy Inc. Mr. Banks is was the Chief Executive Officer and Chairman of the Board of Directors of the Company since the closing of the merger on September 10 2014 and also President since October 10 2014. He was the Chief Executive Officer and Chairman of the board of directors of Yuma Co. and its predecessor since 1983. He was also the founder of Yuma Co. He has 38 years of experience in the oil and gas industry the majority of which he was leading Yuma Co. Prior to founding Yuma Co. he held the position of Assistant to the President of Tomlinson Interests a private independent oil and gas company
Age: 64 Chairman Since 2014
Banks graduated with a Bachelor of Arts from Tulane University in New Orleans, Louisiana, in 1972, and in 1976 he served as Republican Assistant Finance Chairman for the reelection of President Gerald Ford, under former Secretary of State, Robert Mosbacher.
The company has return on total asset (ROA)
of 0.85 %
which means that it generated profit of $0.85 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE)
of (46.19) %
meaning that it created substantial loss on money invested by shareholders.
The company currently holds 32.09 M in liabilities with Debt to Equity (D/E) ratio of 93.5 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Yuma Energy Inc has Current Ratio of 0.66 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
Davis Petroleum Acquisition Corporation engages in the acquisition, exploration, and development of oil and gas properties. Yuma Energy Inc (YUMA) is traded on American Stock Exchange in USA. It is located in TEXAS, U.S.A and employs 7 people. Yuma Energy is listed under Petroleum category by Fama And French industry classification.