Derek Coffie - CSI Compressco CFO of Compressco Partners GP

CCLP Stock  USD 2.33  0.06  2.64%   

CFO

Mr. Derek C Coffie is Chief Financial Officer of Compressco Partners GP of the Company. He has over 35 years of accounting and financial management experience, working in a variety of industries, including agribusiness, manufacturing and landbased diesel engine services. Mr. Coffie joins CSI Compressco from United Holdings, a subsidiary of Kirby Corporation, where he served as Vice President Finance and Controller since 2015. United Holdings provides the energy sector with equipment for oil fracturing and diesel engine repair services. From 2008 to 2014, Mr. Coffie served as Vice President and Chief Financial Officer of Lennox International Heatcraft Worldwide Refrigeration division. From 2002 to 2008, he served as controller for Johnson Outdoors. Earlier roles include finance director of Steelcase Inc., director of finance of Johnson Controls Inc., and group controller of Illinois Tool Works since 2016.
Tenure 8 years
Professional MarksMBA
Address 1735 Hughes Landing Boulevard, The Woodlands, TX, United States, 77380
Phone(832) 365-2257
Webhttps://www.csicompressco.com
Coffie began his career at Monsanto, a sustainable agriculture company, where he held various financial and management roles with increasing responsibility during his 16 year tenure. He earned a BS in Accounting from Tennessee State University and an MBA from Washington University Olin Schoolof Business.

CSI Compressco Management Efficiency

The company has return on total asset (ROA) of 0.045 % which means that it generated a profit of $0.045 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.322) %, meaning that it created substantial loss on money invested by shareholders. CSI Compressco's management efficiency ratios could be used to measure how well CSI Compressco manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/29/2024, Return On Equity is likely to grow to 0.69, though Return On Capital Employed is likely to grow to (0.01). As of 03/29/2024, Change To Liabilities is likely to grow to about 4 M, while Total Current Liabilities is likely to drop slightly above 60.1 M.
The company currently holds 648.11 M in liabilities. CSI Compressco LP has a current ratio of 1.65, which is within standard range for the sector. Debt can assist CSI Compressco until it has trouble settling it off, either with new capital or with free cash flow. So, CSI Compressco'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 CSI Compressco LP sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CSI to invest in growth at high rates of return. When we think about CSI Compressco's use of debt, we should always consider it together with cash and equity.

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CSI Compressco LP provides contract services for natural gas compression and treating in the United States, Latin America, Canada, Egypt, and internationally. CSI Compressco LP was incorporated in 2008 and is headquartered in The Woodlands, Texas. CSI Compressco operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 817 people. CSI Compressco LP (CCLP) is traded on NASDAQ Exchange in USA. It is located in 1735 Hughes Landing Boulevard, The Woodlands, TX, United States, 77380 and employs 719 people. CSI Compressco is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

CSI Compressco LP Leadership Team

Elected by the shareholders, the CSI Compressco's board of directors comprises two types of representatives: CSI Compressco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CSI. The board's role is to monitor CSI Compressco's management team and ensure that shareholders' interests are well served. CSI Compressco'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, CSI Compressco's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Larson, Independent Director of Compressco Partners GP
Michael Moscoso, Vice President - Finance of Compressco Partners GP
Brady Murphy, Independent Director of Compressco Partners GP
CFE CPA, Director Controller
Roy McNiven, Vice President - Operations of Compressco Partners GP
Paul Coombs, Independent Director of Compressco Partners GP
William Sullivan, Independent Director of Compressco Partners GP
Lori Rogers, Director Resources
Kimberly Brien, Corporate Secretary
Levent Caglar, Vice President - Fleet Management
Robert Price, COO LLC
Elijio Serrano, CFO of CSI Compressco GP Inc
Jonathan Byers, CFO LLC
Susan Makovy, Controller, Principal Accounting Officer of Compressco Partners GP
Stuart Brightman, Chairman of the Board of Compressco Partners GP
Anthony Speer, VP of Manufacturing - CSI Compressco GP Inc
John Jackson, CEO President
Timothy Knox, President of CSI Compressco GP Inc and Director of CSI Compressco GP Inc
Owen Serjeant, President of Compressco Partners GP
Brad Benge, Vice President of Operations
Derek Anchondo, Assistant LLC
Daniel Harrison, Independent Director of Compressco Partners GP
Joseph Elkhoury, Director of Compressco Partners GP
Derek Coffie, CFO of Compressco Partners GP
Ronald Foster, Chief Marketing Officer of CSI Compressco GP Inc, Sr. VP of CSI Compressco GP Inc and Director of CSI Compressco GP Inc

CSI 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 CSI Compressco 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 CSI Compressco

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 CSI Compressco 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 CSI Compressco will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to CSI Compressco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSI Compressco 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 CSI Compressco - 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 CSI Compressco LP to buy it.
The correlation of CSI Compressco 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 CSI Compressco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSI Compressco LP 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 CSI Compressco 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
When determining whether CSI Compressco LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CSI Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Csi Compressco Lp Stock. Highlighted below are key reports to facilitate an investment decision about Csi Compressco Lp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSI Compressco LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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Is CSI Compressco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CSI Compressco. If investors know CSI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CSI Compressco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.04
Earnings Share
(0.07)
Revenue Per Share
2.721
Quarterly Revenue Growth
0.046
Return On Assets
0.045
The market value of CSI Compressco LP is measured differently than its book value, which is the value of CSI that is recorded on the company's balance sheet. Investors also form their own opinion of CSI Compressco's value that differs from its market value or its book value, called intrinsic value, which is CSI Compressco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CSI Compressco's market value can be influenced by many factors that don't directly affect CSI Compressco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CSI Compressco's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSI Compressco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSI Compressco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.