Dan Westbrook - Midcoast Energy Chairman of the Board of General Partner

Chairman

Mr. Dan A. Westbrook is the Chairman of the Board of General Partner of the Company
Age 62
Phone713-821-2000
Webhttp://www.midcoastpartners.com
Westbrook has also served as a director of EEP’s general partner and Enbridge Management since October 2007, and serves on the Audit, Finance & Risk Committee of both companies, as well as serving on Special Committees of Enbridge Management. Since 2008, he has also served on the board of the Carrie Tingley Hospital Foundation in Albuquerque, New Mexico. During 2013, Mr. Westbrook was named a director of SandRidge Energy, Inc. From 2001 to 2005, Mr. Westbrook served as president of BP China Gas, Power & Upstream, or BP, and as vicechairman of the board of directors of Dapeng LNG, a Sino joint venture between BP subsidiary CNOOC Gas & Power Ltd. and other Chinese companies. He held executive positions with BP in Argentina, Houston, Russia, Chicago and the Netherlands before retiring from the company in January 2006. From August 2002 to June 2004, Mr. Westbrook served as director and chairman of the finance committee of the International School of Beijing

Midcoast Energy Management Efficiency

Midcoast Energy's management efficiency ratios could be used to measure how well Midcoast Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 888.2 M in debt with debt to equity (D/E) ratio of 0.22, which may show that the company is not taking advantage of profits from borrowing. Midcoast Energy Partners has a current ratio of 0.61, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Midcoast Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Midcoast 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 Midcoast Energy Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Midcoast to invest in growth at high rates of return. When we think about Midcoast Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 9 records

CHAIRMAN Age

Howard LanceSummit Materials
65
Michael FrenoBarings BDC
43
Eric LloydBarings BDC
54
Timothy HaviceJuniata Valley Financial
69
Douglas PolinskyMill City Ventures
65
Philip GingerichJuniata Valley Financial
58
Lazaro BrandaoBarings BDC
88
Willem MesdagEncore Capital Group
60
Antonio BorniaBarings BDC
78
Midcoast Energy Partners, L.P. engages in gathering, processing, treating, transporting, and marketing natural gas, natural gas liquids , crude oil, and condensate in the United States. Midcoast Energy Partners (MEP) is traded on New York Stock Exchange in USA and employs 12 people.

Management Performance

Midcoast Energy Partners Leadership Team

Elected by the shareholders, the Midcoast Energy's board of directors comprises two types of representatives: Midcoast Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Midcoast. The board's role is to monitor Midcoast Energy's management team and ensure that shareholders' interests are well served. Midcoast 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, Midcoast Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dattatraya Mhaiskar, Independent Non-Executive Chairman of the Board
Edmund Segner, Director of the General Partner
George McKenzie, Non-Executive Director
Herbert England, Director of the General Partner
Mark Maki, Sr. VP of Midcoast Holdings LLC and Director of Midcoast Holdings LLC
Noor Kaissi, Principal Accounting Officer of Midcoast Holdings LLC and Controller of Midcoast Holdings LLC
Varis Lidums, Company Secretary, Commercial Manager
Jayant Mhaiskar, Vice Chairman of the Board, Managing Director
Kerry Puckett, VP of Engineering, Operations, Gathering and Processing - Midcoast Holdings LLC
Allan Schneider, Vice President—Regulated Engineering and Operations of General Partner
Poe Reed, Vice president and Chief Commercial officer, Director
Ian Garsed, Exploration Manager
David Weathers, Vice President - Business Development U.S. Midstream
Sankaranarayanan, CFO
Khimji Pandav, Non-Executive Independent Director
Murzash Manekshana, Deputy Managing Director, Executive Director
Preeti Trivedi, Non-Executive Independent Director
Janet Coy, VP of Natural Gas Marketing - Midcoast Holdings LLC
Roger Higgins, Non-Executive Chairman of the Board
Jonathan Rose, Treasurer
Sanjay Lad, IR Contact Officer
Stephen Neyland, Principal Financial Officer of Midcoast Holdings LLC and VP of Fin. - Midcoast Holdings LLC
Byron Neiles, Vice President—Major Projects of General Partner
Thomas Zimmerman, Vice President - Integrity and Environment, Health & Safety
Subodh Garud, CEO (Toll Operation)
Sudha Mhaiskar, Director
Chris Kaitson, Vice President—Law and Assistant Secretary of General Partner
Shridhar Phadke, Company Secretary and Compliance Officer
Anuya Mhaiskar, Non-Independent, Non-Executive Director
Vijay Agarwal, Non-Executive Independent Director
Andrew Woskett, CEO, Managing Director, Executive Director
Deepak Chitnis, Non-Executive Independent Director
John Crum, Director of the General Partner
John Loiacono, VP of Commercial Activities of Midcoast Holdings LLC
James Ivey, Director of the General Partner
Mira Mehrishi, Independent Director
Gregory Harper, Principal Executive Officer of Midcoast Holdings LLC and President of Midcoast Holdings LLC and Director of Midcoast Holdings LLC
Antonio Belperio, Executive Director
Dan Westbrook, Chairman of the Board of General Partner

Midcoast 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 Midcoast 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 Midcoast 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, Midcoast Energy's short interest history, or implied volatility extrapolated from Midcoast Energy options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis 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 income.
Note that the Midcoast Energy Partners information on this page should be used as a complementary analysis to other Midcoast Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Consideration for investing in Midcoast Stock

If you are still planning to invest in Midcoast Energy Partners 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 Midcoast Energy's history and understand the potential risks before investing.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format