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Greka Drilling

DB:7GK
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
7GK
DB
$5M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Greka Drilling Limited, an investment holding company, provides drilling services for coal bed methane companies in China and India. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Greka Drilling has significant price volatility in the past 3 months.
7GK Share Price and Events
7 Day Returns
100%
DB:7GK
1.4%
Europe Energy Services
1.3%
DE Market
1 Year Returns
-88.9%
DB:7GK
8.9%
Europe Energy Services
-10.5%
DE Market
7GK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Greka Drilling (7GK) 100% -33.3% 0% -88.9% -96.5% -98.7%
Europe Energy Services 1.4% -11.1% -7.8% 8.9% 7.7% -32.2%
DE Market 1.3% -6.8% -9% -10.5% 24.2% 50.9%
1 Year Return vs Industry and Market
  • 7GK underperformed the Energy Services industry which returned 8.9% over the past year.
  • 7GK underperformed the Market in Germany which returned -10.5% over the past year.
Price Volatility
7GK
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Greka Drilling's competitors could be found in our database.

Value

 Is Greka Drilling undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Greka Drilling. This is due to cash flow or dividend data being unavailable. The share price is €0.002.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Greka Drilling's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Greka Drilling's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:7GK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $-0.01
OTCPK:GKDL.F Share Price ** OTCPK (2018-10-29) in USD $0.05
Europe Energy Services Industry PE Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 20.72x
Germany Market PE Ratio Median Figure of 408 Publicly-Listed Companies 17.37x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Greka Drilling.

DB:7GK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:GKDL.F Share Price ÷ EPS (both in USD)

= 0.05 ÷ -0.01

-4.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Greka Drilling is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Greka Drilling is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Greka Drilling's expected growth come at a high price?
Raw Data
DB:7GK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 17 Publicly-Listed Energy Services Companies 0.43x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Greka Drilling, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Greka Drilling's assets?
Raw Data
DB:7GK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.13
OTCPK:GKDL.F Share Price * OTCPK (2018-10-29) in USD $0.05
Europe Energy Services Industry PB Ratio Median Figure of 64 Publicly-Listed Energy Services Companies 1.06x
Germany Market PB Ratio Median Figure of 547 Publicly-Listed Companies 1.86x
DB:7GK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:GKDL.F Share Price ÷ Book Value per Share (both in USD)

= 0.05 ÷ 0.13

0.38x

* Primary Listing of Greka Drilling.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Greka Drilling is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Greka Drilling's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Greka Drilling has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Greka Drilling expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Greka Drilling has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.7%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Greka Drilling expected to grow at an attractive rate?
  • Unable to compare Greka Drilling's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Greka Drilling's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Greka Drilling's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:7GK Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 35.7%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 10%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:7GK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:7GK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:7GK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 10 2 -4
2018-03-31 11 -1 -3
2017-12-31 12 -3 -3
2017-09-30 10 -7 -3
2017-06-30 8 -8 -3
2017-03-31 8 -6 -6
2016-12-31 7 -4 -8
2016-09-30 14 -2 -8
2016-06-30 21 1 -8
2016-03-31 25 1 -8
2015-12-31 30 1 -7
2015-09-30 29 1 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Greka Drilling is high growth as no earnings estimate data is available.
  • Unable to determine if Greka Drilling is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:7GK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Greka Drilling Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:7GK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:7GK Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.02
2015-12-31 -0.02
2015-09-30 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Greka Drilling will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Greka Drilling's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Greka Drilling's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Greka Drilling's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Greka Drilling's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Greka Drilling has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Greka Drilling performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Greka Drilling's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Greka Drilling does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Greka Drilling's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Greka Drilling's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Greka Drilling's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Greka Drilling Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:7GK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 10.25 -4.26 3.73
2018-03-31 10.92 -3.47 3.83
2017-12-31 11.59 -2.69 3.94
2017-09-30 9.86 -2.95 3.95
2017-06-30 8.13 -3.43 3.96
2017-03-31 7.64 -5.63 5.07
2016-12-31 7.15 -7.84 6.17
2016-09-30 13.89 -7.95 7.70
2016-06-30 20.63 -8.07 9.24
2016-03-31 25.28 -7.66 9.25
2015-12-31 29.92 -7.25 9.26
2015-09-30 28.65 -6.88 8.84
2015-06-30 27.39 -6.51 8.43
2015-03-31 25.90 -6.13 8.76
2014-12-31 24.42 -5.76 9.08
2014-09-30 24.73 -3.63 9.09
2014-06-30 25.05 -1.50 9.09
2014-03-31 27.79 -0.66 9.03
2013-12-31 30.53 0.18 8.97
2013-09-30 38.80 -0.51 8.68
2013-06-30 47.07 -1.20 8.39
2013-03-31 53.99 0.31 8.22
2012-12-31 60.92 1.83 8.05
2012-09-30 57.97 2.28 7.85
2012-06-30 55.01 2.72 7.65
2012-03-31 49.42 2.76 6.62
2011-12-31 43.83 2.79 5.58

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Greka Drilling has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Greka Drilling has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Greka Drilling improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Greka Drilling's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Greka Drilling has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Greka Drilling's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Greka Drilling's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Greka Drilling's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Greka Drilling's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Greka Drilling's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Greka Drilling Company Filings, last reported 4 months ago.

DB:7GK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 52.20 15.15 4.00
2018-03-31 52.20 15.15 4.00
2017-12-31 56.18 14.20 0.65
2017-09-30 56.18 14.20 0.65
2017-06-30 55.25 10.25 2.72
2017-03-31 55.25 10.25 2.72
2016-12-31 55.34 10.90 2.14
2016-09-30 55.34 10.90 2.14
2016-06-30 59.97 8.18 8.08
2016-03-31 59.97 8.18 8.08
2015-12-31 65.49 5.85 0.35
2015-09-30 65.49 5.85 0.35
2015-06-30 68.30 6.22 6.02
2015-03-31 68.30 6.22 6.02
2014-12-31 72.88 11.93 1.74
2014-09-30 72.88 11.93 1.74
2014-06-30 74.58 17.55 18.57
2014-03-31 74.58 17.55 18.57
2013-12-31 78.31 26.16 3.99
2013-09-30 78.31 26.16 3.99
2013-06-30 76.20 25.65 8.59
2013-03-31 76.20 25.65 8.59
2012-12-31 78.95 11.93 3.14
2012-09-30 78.95 11.93 3.14
2012-06-30 77.86 23.60 7.29
2012-03-31 77.86 23.60 7.29
2011-12-31 77.13 1.98 6.56
  • Greka Drilling's level of debt (29%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (33.7% vs 29% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Greka Drilling has sufficient cash runway for 1.4 years based on current free cash flow.
  • Greka Drilling has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 93.3% each year.
X
Financial health checks
We assess Greka Drilling's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Greka Drilling has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Greka Drilling's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Greka Drilling dividends.
If you bought €2,000 of Greka Drilling shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Greka Drilling's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Greka Drilling's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:7GK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:7GK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Greka Drilling has not reported any payouts.
  • Unable to verify if Greka Drilling's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Greka Drilling's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Greka Drilling has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Greka Drilling's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Greka Drilling afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Greka Drilling has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Greka Drilling's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Randeep Grewal
COMPENSATION $600,000
AGE 53
CEO Bio

Mr. Randeep Singh Grewal serves as the Executive Chairman and Chief Executive Officer of Greka Engineering & Technology Ltd. Mr. Grewal has been the Chairman and Chief Executive Officer of the Greka Group since 1997. He is the Founder of Greka Drilling Limited and serves as its Chairman of the Board and Chief Executive Officer. He has been the Chairman, Chief Executive Officer and President at GREKA Energy Corp. (Formerly, Saba Enterprises, Inc) since September 1997. He founded Green Dragon Gas Limited., (formerly Greka China Ltd) in 1997 and has been its Chief Executive Officer and Chairman of the Board since 2006. He serves as the Chairman and Chief Executive Officer of Greka Integrated Inc., a US-based heavy oil and gas transportation, refining and real estate business with interests in oil and gas properties and refining assets. From April 1997 to September 1997, Mr. Grewal served as the Chairman and Chief Executive Officer for Horizontal Ventures, Inc., an oil and gas horizontal drilling technology company. From 1993 to 1996, he served as the Corporate Vice President at the Rada Electronic Industries Ltd. (RADA Industries) with principal responsibilities for its global expansion and related operations. He has been involved in various joint ventures, acquisitions, mergers and reorganizations since 1986 in the United States, Europe and the Far East within diversified businesses. From 1984 to 1993, he served in management positions at several airlines in the US including People Express, Continental Airlines, Eastern Airlines, Texas Air and Frontier Airlines with varying responsibility for engineering, maintenance programmes, ground operations, component and aircraft maintenance, planning, aircraft purchases, mergers and acquisitions. He has been the Chairman of A J Walter Aviation Limited since July 25, 2016. He serves as an Executive Director of Greka Drilling Limited. He has been an Executive Director of Green Dragon Gas Limited since 2006. He has been a Director of Greka Engineering & Technology Ltd since April 18, 2013 and Saba Enterprises, Inc., since September 1997. Mr. Grewal has a Bachelor of Science degree in Mechanical Engineering from Northrop University.

CEO Compensation
  • Randeep's compensation has been consistent with company performance over the past year.
  • Randeep's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Greka Drilling management team in years:

1.8
Average Tenure
53
Average Age
  • The average tenure for the Greka Drilling management team is less than 2 years, this suggests a new team.
Management Team

Randeep Grewal

TITLE
Founder
COMPENSATION
$600K
AGE
53

Bao Zhuang Zhang

TITLE
President and Chief Operating Officer
AGE
73
TENURE
1.8 yrs

Rene Pedersen

TITLE
Vice President of Technical

Pradeep Gupta

TITLE
President of India and Chief Operating Officer of India
TENURE
1.8 yrs

Liu Feng

TITLE
Vice General Manager
AGE
49
TENURE
9 yrs

Ping Li

TITLE
Director of Operations
TENURE
1.8 yrs
Board of Directors

Randeep Grewal

TITLE
Founder
COMPENSATION
$600K
AGE
53

Frederick Smart

TITLE
Non-Executive Director
COMPENSATION
$53K
AGE
65

Sean St Mulhearn

TITLE
Non-Executive Director
COMPENSATION
$49K
AGE
55
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price (USD) Value (USD)
X
Management checks
We assess Greka Drilling's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Greka Drilling has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Simply Wall St News

Company Info

Map
Description

Greka Drilling Limited, an investment holding company, provides drilling services for coal bed methane companies in China and India. It operates a drilling fleet, which includes purpose-built, hydraulic, and top-drive rigs for the application of drilling services within the unconventional gas industry; and offers completion and directional drilling, as well as geological and geophysical services. The company was founded in 2007 and is based in Zhengzhou, China. Greka Drilling Limited is a subsidiary of Green Dragon Gas (Holdings) Limited.

Details
Name: Greka Drilling Limited
7GK
Exchange: DB
Founded: 2007
$4,556,448
398,245,758
Website: http://www.grekadrilling.com
Address: Greka Drilling Limited
Landmark Plaza,
29th Floor,
Zhengzhou,
Henan Province, 450000,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK GKDL.F Ordinary Shares Pink Sheets LLC US USD 08. Mar 2011
DB 7GK Ordinary Shares Deutsche Boerse AG DE EUR 08. Mar 2011
Number of employees
Current staff
Staff numbers
0
Greka Drilling employees.
Industry
Oil and Gas Drilling
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/31 18:50
End of day share price update: 2018/10/29 00:00
Last estimates confirmation: 2017/04/28
Last earnings filing: 2018/09/27
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.