Manolis Chochlakis - Aegean Marine Managing Director

Managing Director

Mr. Manolis Chochlakis is Chief Operating Officer of the Company since 2017.
Tenure 7 years
Phone30 210 45 86 200
Webhttp://www.ampni.com
Chochlakis has 26 years of experience in oil trading, operations, shipping and the bunker industry. Over the course of his career he has worked from London, Geneva, New York and Athens. Manolis' career at Aegean spans 9 years in a variety of roles in the physical supply side of the business. The past three years have been spent in New York as head of the group activities and expansion in the Americas while also contributing to the oversight of Aegean global oil storage facilities. During his tenure in the USA, Aegean has launched its physical supply operations in Los Angeles and Long Beach, the US Gulf, as well as expanded its presence on the Eastern Seaboard from New York Harbor to Savannah, Georgia. The Company has also inaugurated a backtoback trading and supply center in Rio de Janeiro.

Aegean Marine Management Efficiency

The company has Return on Asset of 0.84 % which means that on every $100 spent on assets, it made $0.84 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (5.02) %, meaning that it generated no profit with money invested by stockholders. Aegean Marine's management efficiency ratios could be used to measure how well Aegean Marine manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.01 B in debt with debt to equity (D/E) ratio of 174.4, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Aegean Marine Petroleum has a current ratio of 8.46, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Aegean Marine until it has trouble settling it off, either with new capital or with free cash flow. So, Aegean Marine'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 Aegean Marine Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aegean to invest in growth at high rates of return. When we think about Aegean Marine's use of debt, we should always consider it together with cash and equity.
Aegean Marine Petroleum Network Inc., together with its subsidiaries, operates as a marine fuel logistics company that markets and supplies refined marine fuel and lubricants to vessels in port, at sea, and on rivers worldwide. Aegean Marine Petroleum Network Inc. was founded in 1995 and is headquartered in Athens, Greece. Aegean Marine is traded on New York Stock Exchange in USA. Aegean Marine Petroleum (ANW) is traded on New York Stock Exchange in USA and employs 991 people.

Management Performance

Aegean Marine Petroleum Leadership Team

Elected by the shareholders, the Aegean Marine's board of directors comprises two types of representatives: Aegean Marine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aegean. The board's role is to monitor Aegean Marine's management team and ensure that shareholders' interests are well served. Aegean Marine'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, Aegean Marine's outside directors are responsible for providing unbiased perspectives on the board's policies.
Raymond Bartoszek, Independent Director
Donald Moore, Independent Director
Brian Moller, Non-Executive Chairman of the Board
Nikolas Tavlarios, CEO and Pres
Jonathan Mcilroy, President
Konstantinos Koutsomitopoulos, Independent Director
Gregory Robolakis, General Manager of Aegean Marine Petroleum S.A.
Jean Metey, Vice President and Head of Corporate Development
Priy Jayasuriya, CFO
Spyridon Fokas, General Counsel, Corporate Secretary and Director
Karl Schlobohm, Company Secretary
Tyler Baron, Independent Director
John Tavlarios, Director
John Bovard, Non-Executive Director
Peter Georgiopoulos, Chairman of the Board
Justin Yagerman, Senior Vice President - Investor Relations and Business Strategy
Yiannis Papanicolaou, Independent Director
Kostas Polydakis, Managing Director - Fleet Management
Pavlos Papageorgiou, CFO
Spyros Gianniotis, CFO
George Konomos, Independent Director
John Mystakidis, CFO
Richard Willson, Non-Executive Director
Apostolos Rizakos, Managing Director of Aegean Marine Petroleum S.A.
Dimitris Melisanidis, Founder and Head of Corporate Devel.
Manolis Chochlakis, Regional Manager – Americas and Caribbean and Managing Director of Operations
Peter Williams, CEO
David Gallagher, Director

Aegean 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 Aegean Marine 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 Aegean Marine 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, Aegean Marine's short interest history, or implied volatility extrapolated from Aegean Marine options trading.

Pair Trading with Aegean Marine

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 Aegean Marine 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 Aegean Marine will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to UnitedHealth Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UnitedHealth Group 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 UnitedHealth Group - 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 UnitedHealth Group Incorporated to buy it.
The correlation of UnitedHealth Group 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 UnitedHealth Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UnitedHealth Group 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 UnitedHealth Group 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 Trending Equities 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 board of governors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Consideration for investing in Aegean Stock

If you are still planning to invest in Aegean Marine Petroleum 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 Aegean Marine's history and understand the potential risks before investing.
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