Joseph Rinando - Halcn Resources Vice President Chief Accounting Officer

President

Mr. Joseph S. Rinando, III, is no longer a Senior Vice President, Chief Accounting Officer, Controller of the Company effective December 31, 2017. He has served as Senior Vice President, Chief Accounting Officer and Controller since December 2014. Mr. Rinando served as Vice President and Chief Accounting Officer from May 2012 to December 2014. Mr. Rinando initially joined Halcn as Director of Finance in February 2012. Mr. Rinando served as Vice President and Chief Financial Officer of Wilson Industries, a Schlumberger company, from 2010 to 2012. Prior to joining Wilson, he served as Executive Vice President and Chief Financial Officer for Foxxe Energy Services, LLC, a privateequity owned international drilling rig contractor, from 2009 to 2010. Prior to Foxxe, Mr. Rinando served as Vice President and Corporationrationrate Controller of Smith International, Inc. from 2006 until 2009 and as Director of Financial Reporting from 2003 to 2006. From 1995 to 2003, he was in the Energy Practice of PricewaterhouseCoopers, LLP, most recently as an Audit Senior Manager, serving clients focused on exploration and production, natural gas transmission, power and utilities, petrochemicals and refining, and drilling since 2014.
Age 44
Tenure 10 years
Phone832 538-0300
Webwww.halconresources.com
Rinando graduated Summa Cum Laude with a Bachelor of Business Administration degree in Accounting from Lamar University and is a Certified Public Accountant in the State of Texas.

Halcn Resources Management Efficiency

The company has Return on Asset (ROA) of 2.39 % which means that for every $100 of assets, it generated a profit of $2.39. This is way below average. Likewise, it shows a return on total equity (ROE) of 5.03 %, which means that it produced $5.03 on every 100 dollars invested by current stockholders. Halcn Resources' management efficiency ratios could be used to measure how well Halcn Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 723.46 M of total liabilities with total debt to equity ratio (D/E) of 84.7, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Halcn Resources has a current ratio of 0.23, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Halcn Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Halcn Resources' 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 Halcn Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Halcn to invest in growth at high rates of return. When we think about Halcn Resources' use of debt, we should always consider it together with cash and equity.

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Halcn Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. Halcn Resources Corporation was founded in 1987 and is headquartered in Houston, Texas. Halcn Resources operates under Oil Gas EP classification in USA and is traded on BATS Exchange. It employs 116 people. Halcn Resources (HK) is traded on New York Stock Exchange in USA and employs 116 people.

Management Performance

Halcn Resources Leadership Team

Elected by the shareholders, the Halcn Resources' board of directors comprises two types of representatives: Halcn Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Halcn. The board's role is to monitor Halcn Resources' management team and ensure that shareholders' interests are well served. Halcn Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Halcn Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Tina Obut, Sr. VP - Corporate Reserves
James Christmas, Independent Director
Daniel Rioux, Independent Director
William Campbell, Director
Floyd Wilson, Chairman and CEO
Quentin Hicks, Senior Vice President Finance and Investor Relations
Janine McArdle, Independent Director
Eric Takaha, Director
Mark Mize, CFO, Executive VP and Treasurer
Joseph Rinando, Vice President Chief Accounting Officer
Michael Vlasic, Independent Director
Thomas Fuller, Independent Director
Nathan Walton, Director
Charles Cusack, COO, Executive Vice President
Darryl Schall, Director
Leah Kasparek, Vice President - Human Resources
Larry Helm, Executive Vice President - Corporate Affairs
Sylvia Barnes, Independent Director
John Brown, Independent Director
Jon Wright, Executive Vice President - Operations
Richard Little, CEO
Stephen Herod, President
Michael Clark, Director
David Miller, Director
David Elkouri, Chief Legal Officer and Executive VP of Corporate Strategy
Ronald Scott, Director
Kevin Godwin, Independent Director
Mark Welsh, Independent Director
Paul Huffard, Independent Director
Carin Barth, Independent Director
Tucker Bridwell, Independent Director

Halcn 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 Halcn Resources 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.

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Other Consideration for investing in Halcn Stock

If you are still planning to invest in Halcn Resources 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 Halcn Resources' history and understand the potential risks before investing.
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