Westervelt Ballard - Superior Energy President

President

Mr. Westervelt T. Ballard, Jr., is Chief Financial Officer, Executive Vice President, Treasurer of the company since since March 2018. He was an Executive Vice President of International Services, from February 2012 to February 2018. since 2018.
Age 47
Tenure 6 years
Phone713 654-2200
Webwww.superiorenergy.com
Ballard previously served as Vice President of Corporationrationrationrate Development since joining us in June 2007. Prior to joining us, Mr. Ballard spent six years working in private equity.

Westervelt Ballard Latest Insider Activity

Tracking and analyzing the buying and selling activities of Westervelt Ballard against Superior Energy stock is an integral part of due diligence when investing in Superior Energy. Westervelt Ballard insider activity provides valuable insight into whether Superior Energy is net buyers or sellers over its current business cycle. Note, Superior Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell Superior Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Superior Energy Management Efficiency

The company has Return on Asset of (0.51) % which means that on every $100 spent on assets, it lost $0.51. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (276.47) %, meaning that it generated no profit with money invested by stockholders. Superior Energy's management efficiency ratios could be used to measure how well Superior Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Superior Energy Services has 1.36 B in debt with debt to equity (D/E) ratio of 28.0, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Superior Energy Services has a current ratio of 3.55, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Superior to invest in growth at high rates of return.

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Superior Energy Services, Inc. provides oilfield services and equipment to oil and natural gas exploration and production companies in the United States and internationally. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas. Superior Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 5200 people. Superior Energy Services (SPN) is traded on New York Stock Exchange in USA and employs 5,200 people.

Management Performance

Superior Energy Services Leadership Team

Elected by the shareholders, the Superior Energy's board of directors comprises two types of representatives: Superior Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Superior. The board's role is to monitor Superior Energy's management team and ensure that shareholders' interests are well served. Superior 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, Superior Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael McShane, Independent Director
Brian Moore, Senior Executive Vice President - North America Services
A Bernard, Executive Vice President
W Ralls, Independent Director
David Dunlap, President, Chief Executive Officer, Director
Peter Kinnear, Independent Director
James Funk, Lead Independent Director
William Masters, Executive VP, General Counsel and Secretary
James Spexarth, Chief Accounting Officer
Janiece Longoria, Independent Director
Terence Hall, Chairman, CEO of Connection Technology LLC, CEO of Superior Energy Services LLC and President of Connection Technology LLC and President of Superior Energy Services LLC
Westervelt Ballard, Chief Financial Officer, Executive Vice President, Treasurer

Superior 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 Superior 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 Superior 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 Superior 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 Superior Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in Superior Stock

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