John Festival - BlackPearl Resources President CEO, Director

CEO

Mr. John L. Festival is President, Chief Executive Officer, Director of BlackPearl Resources Inc. He was the President and Chief Executive Officer of BlackPearl since January 8, 2009. From October 2007 to January 2009, he was President of BlackCore Resources Inc., a private oil and gas company. From January 2001 to June 2006, Mr. Festival was President and a Director of BlackRock Ventures Inc., a publicly traded upstream oil and gas company. since 2009.
Age 56
Tenure 15 years
Phone403-215-8313
Webhttp://www.blackpearlresources.ca

BlackPearl Resources Management Efficiency

The company has return on total asset (ROA) of (1.09) % which means that it has lost $1.09 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.33) %, meaning that it generated substantial loss on money invested by shareholders. BlackPearl Resources' management efficiency ratios could be used to measure how well BlackPearl Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 92.88 M in total debt with debt to equity ratio (D/E) of 19.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. BlackPearl Resources has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist BlackPearl Resources until it has trouble settling it off, either with new capital or with free cash flow. So, BlackPearl Resources' 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 BlackPearl Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackPearl to invest in growth at high rates of return. When we think about BlackPearl Resources' use of debt, we should always consider it together with cash and equity.

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BlackPearl Resources Inc. engages in the acquisition, exploration, development, and production of heavy crude oil, bitumen, and natural gas in Canada. As of December 14, 2018, BlackPearl Resources Inc. operates as a subsidiary of International Petroleum Corporation. BlackPearl Resources operates under Oil Gas EP classification in USA and is traded on OTC Market. It employs 42 people. BlackPearl Resources [BLKPF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

BlackPearl Resources Leadership Team

Elected by the shareholders, the BlackPearl Resources' board of directors comprises two types of representatives: BlackPearl Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackPearl. The board's role is to monitor BlackPearl Resources' management team and ensure that shareholders' interests are well served. BlackPearl Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BlackPearl Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Chris Hogue, Vice President - Operations
Keith Hill, Independent Chairman of the Board
Diane Phillips, Corporate Secretary
John Craig, Lead Independent Director
Edward Sobel, Vice President - Exploration
John Festival, President CEO, Director
Donald Cook, CFO
Brian Edgar, Independent Director
Victor Luhowy, Independent Director

BlackPearl 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 BlackPearl Resources 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BlackPearl Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BlackPearl Resources' short interest history, or implied volatility extrapolated from BlackPearl Resources options trading.

Pair Trading with BlackPearl Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackPearl Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackPearl Resources will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ONEOK could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ONEOK when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ONEOK - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ONEOK Inc to buy it.
The correlation of ONEOK is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ONEOK moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ONEOK Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ONEOK can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Other Consideration for investing in BlackPearl Pink Sheet

If you are still planning to invest in BlackPearl Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BlackPearl Resources' history and understand the potential risks before investing.
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