Frank Lodzinski - Earthstone Energy Executive Chairman of the Board

ESTEDelisted Stock  USD 21.17  0.13  0.62%   

Chairman

Mr. Frank Alan Lodzinski is Chairman of the Board, Chief Executive Officer of the Company. He also served as our President from December 2014 through April 2018. Previously, he served as President and Chief Executive Officer of Oak Valley Resources, LLC from its formation in December 2012 until the closing of its strategic combination with Earthstone in December 2014. Prior to his service with Oak Valley, Mr. Lodzinski was Chairman, President and Chief Executive Officer of GeoResources, Inc. from April 2007 until its merger with Halcn Resources Corporation in August 2012 and from September 2012 until December 2012 he conducted preformation activities for Oak Valley. He has over 45 years of oil and gas industry experience. In 1984, he formed Energy Resource Associates, Inc., which acquired management and controlling interests in oil and gas limited partnerships, joint ventures and producing properties. Certain partnerships were exchanged for common shares of Hampton Resources Corporation in 1992, which Mr. Lodzinski joined as a director and President. Hampton was sold in 1995 to Bellwether Exploration Company. In 1996, he formed Cliffwood Oil Gas Corporationration and in 1997, Cliffwood shareholders acquired a controlling interest in Texoil, Inc., where Mr. Lodzinski served as Chief Executive Officer and President. In 2001, Mr. Lodzinski was appointed Chief Executive Officer and President of AROC, Inc., to direct the restructuring and ultimate liquidation of that company. In 2003, AROC completed a monetization of oil and gas assets with an institutional investor and began a plan of liquidation in 2004. In 2004, Mr. Lodzinski formed Southern Bay Energy, LLC, the general partner of Southern Bay Oil Gas, L.P., which acquired the residual assets of AROC, Inc., and he served as President of Southern Bay Energy, LLC upon its formation. The Southern Bay entities were merged into GeoResources in April 2007. since 2020.
Age 74
Tenure 4 years
Phone281 298 4246
Webhttps://www.earthstoneenergy.com
Lodzinski has served as our Chairman, President and Chief Executive Officer since December 2014. Previously, he served as President and Chief Executive Officer of Oak Valley Resources, LLC from its formation in December 2012 until the closing of its strategic combination with us in December 2014. Prior to Oak Valley Resources, LLC, Mr. Lodzinski was Chairman, President and Chief Executive Officer of GeoResources, Inc. from April 2007 until its merger with Halcón Resources Corporationration in August 2012 and from September 2012 until December 2012 he conducted preformation activities for Oak Valley Resources, LLC. He has over 43 years of oil and gas industry experience. In 1984, he formed Energy Resource Associates, Inc., which acquired management and controlling interests in oil and gas limited partnerships, joint ventures and producing properties. Certain partnerships were exchanged for common shares of Hampton Resources Corporationration in 1992, which Mr

Earthstone Energy Management Efficiency

The company has return on total asset (ROA) of 0.1391 % which means that it generated a profit of $0.1391 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.303 %, meaning that it created $0.303 on every $100 dollars invested by stockholders. Earthstone Energy's management efficiency ratios could be used to measure how well Earthstone Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 1.06 B in liabilities with Debt to Equity (D/E) ratio of 0.51, which is about average as compared to similar companies. Earthstone Energy has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Earthstone Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Earthstone Energy's 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 Earthstone Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Earthstone to invest in growth at high rates of return. When we think about Earthstone Energy's use of debt, we should always consider it together with cash and equity.

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Earthstone Energy, Inc., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. Earthstone Energy, Inc. was incorporated in 1969 and is headquartered in The Woodlands, Texas. Earthstone Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 81 people. Earthstone Energy (ESTE) is traded on New York Stock Exchange in USA and employs 25 people.

Management Performance

Earthstone Energy Leadership Team

Elected by the shareholders, the Earthstone Energy's board of directors comprises two types of representatives: Earthstone Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Earthstone. The board's role is to monitor Earthstone Energy's management team and ensure that shareholders' interests are well served. Earthstone Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Earthstone Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jay Joliat, Independent Director
Steven Collins, Ex Officer
Neil Cohen, VP of Fin. and Treasurer
Wynne Snoots, Director
Frank Lodzinski, Executive Chairman of the Board
Robert Anderson, Executive VP of Corporate Devel. and Engineering
Chris Cottrell, Executive Vice President - Land and Marketing
Leonard Wood, VP Devel
G Wonson, Principal Accounting Officer, Vice President
Francis Mury, Executive Vice President - Drilling and Development
Tony Oviedo, Executive Vice President - Accounting and Administration
Robert Zorich, Director
Tony CPA, Ex Admin
Phillip Kramer, Independent Director
Douglas Swanson, Director
Zachary Urban, Independent Director
JD Hunt, EVP Counsel
Scott Thelander, VP Fin
Mark Lumpkin, Chief Financial Officer, Executive Vice President
William Wiederkehr, VP Sec
Brad Thielemann, Independent Director
Steve Collins, Executive Vice President - Completions and Operations
David Habachy, Managing Director
Timothy Merrifield, Executive Vice President - Geological and Geophysical
Ray Singleton, Executive VP of Northern Region and Director

Earthstone Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Earthstone Energy 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 Earthstone Energy 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, Earthstone Energy's short interest history, or implied volatility extrapolated from Earthstone Energy options trading.

Pair Trading with Earthstone Energy

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 Earthstone Energy 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 Earthstone Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Earthstone Stock

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Moving against Earthstone Stock

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The ability to find closely correlated positions to Earthstone Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Earthstone Energy 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 Earthstone Energy - 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 Earthstone Energy to buy it.
The correlation of Earthstone Energy 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 Earthstone Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Earthstone Energy 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 Earthstone Energy 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 Investing Opportunities 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 estimate.
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Other Consideration for investing in Earthstone Stock

If you are still planning to invest in Earthstone Energy 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 Earthstone Energy's history and understand the potential risks before investing.
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