Patrick McDonald - Carbon Energy Founder, CEO and Director

CRBO Stock  USD 0.25  0.00  0.00%   

CEO

Mr. Patrick R. McDonald is Chief Executive Officer, Director of Carbon Natural Gas Co. Mr. McDonald was Chief Executive Officer, President and Director of Nytis USA since 2004. From 1998 to 2003, Mr. McDonald was Chief Executive Officer, President and Director of Carbon Energy Corporationrationration, an oil and gas exploration and production company which in 2003 was merged with Evergreen Resources, Inc. From 1987 to 1997 Mr. McDonald was Chief Executive Officer, President and Director of Interenergy Corporationrationration, a natural gas gathering, processing and marketing company which in December 1997 was merged with KN Energy Inc. Prior to that he worked as an exploration geologist with Texaco International Exploration Company where he was responsible for oil and gas exploration efforts in the Middle East and Far East. Mr. McDonald served as Chief Executive Officer of Forest Oil Corporation until the completion of its business combination with Sabine Oil Gas in December 2014 for which he received separate compensation and benefits from Forest. Mr. McDonald continues to serve as a director of Sabine Oil Gas. Mr. McDonald received a Bachelors degree in Geology and Economics from Ohio Wesleyan University and a Masters degree in Business Administration Finance from New York University. Mr. McDonald is a Certified Petroleum Geologist and is a member of the American Association of the Petroleum Geologists and of the Canadian Society of Petroleum Geologists. since 2012.
Age 66
Tenure 12 years
Phone720 407 7030
Webhttps://www.carbonenergycorp.com

Carbon Energy Management Efficiency

The company has return on total asset (ROA) of 0.0281 % which means that it generated a profit of $0.0281 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5603) %, meaning that it created substantial loss on money invested by shareholders. Carbon Energy's management efficiency ratios could be used to measure how well Carbon Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Carbon Energy currently holds 139.61 M in liabilities with Debt to Equity (D/E) ratio of 1.29, which is about average as compared to similar companies. Carbon Energy has a current ratio of 1.1, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Carbon Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Carbon 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 Carbon Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carbon to invest in growth at high rates of return. When we think about Carbon Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 8 records

CEO Age

Ronald TanskiNational Fuel Gas
68
Ben BeurdenShell PLC ADR
66
Jean PratesPetroleo Brasileiro Petrobras
55
Magda ChambriardPetroleo Brasileiro Petrobras
N/A
Joaquim LunaPetroleo Brasileiro Petrobras
N/A
Javier CorderoTransportadora de Gas
56
Claudio DescalziEni SpA ADR
69
Roberto BrancoPetroleo Brasileiro Petrobras
75
Carbon Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids properties in the United States. Carbon Energy Corporation was founded in 2007 and is based in Denver, Colorado. CARBON ENERGY operates under Oil Gas EP classification in the United States and is traded on PNK Exchange. It employs 215 people. Carbon Energy [CRBO] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Carbon Energy Management Team

Elected by the shareholders, the Carbon Energy's board of directors comprises two types of representatives: Carbon Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Carbon. The board's role is to monitor Carbon Energy's management team and ensure that shareholders' interests are well served. Carbon 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, Carbon Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick McDonald, Founder, CEO and Director
Erich Kirsch, Principal CFO
Jane Richards, Controller

Carbon 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 Carbon 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.

Pair Trading with Carbon 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 Carbon 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 Carbon Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Carbon 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 Carbon 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 Carbon 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 Carbon Energy to buy it.
The correlation of Carbon 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 Carbon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carbon 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 Carbon 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

Other Information on Investing in Carbon Pink Sheet

Carbon Energy financial ratios help investors to determine whether Carbon Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Carbon with respect to the benefits of owning Carbon Energy security.