Michael Wortley - Pinnacle Entertainment Independent Director

Director

Mr. Michael D. Wortley is an Independent Director of Pioneer Natural Resources. Mr. Wortley is currently the Chief Legal Officer for Reata Pharmaceuticals, Inc., a clinicalstage biopharmaceutical company, and has practiced corporate law for over 35 years, focusing primarily on corporate governance matters, acquisitions and divestitures, public and private financings and securities law matters, including over 25 years in management positions. Mr. Wortley was a partner in the Dallas, Texas, office of Vinson Elkins LLP from 1995 to 2014 and served in various capacities, including Chief Operating Partner of the firm and Managing Partner of the Dallas office. Prior to joining Vinson Elkins LLP, he was an attorney with Johnson Wortley, P.C. from 1978 to 1995 and served in various capacities, including President and Chairman of the Board. The Board believes that Mr. Wortley is qualified to serve on the Board based on his professional experience and education, and particularly, his education in the law and his extensive experience of years as a corporate attorney, including advising boards of directors in the areas of corporate governance and significant financing transactions and acquisitions and divestitures since 2015.
Age 70
Tenure 9 years
Phone702 541-7777
Webwww.pnkinc.com
Wortley holds a Bachelor of Arts, Southern Methodist University, Juris Doctorate, Southern Methodist University, Master in Regional Planning, the University of North Carolina at Chapel Hill.

Michael Wortley Latest Insider Activity

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

Pinnacle Entertainment Management Efficiency

The company has Return on Asset of 1.53 % which means that on every $100 spent on assets, it made $1.53 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.14 %, implying that it generated $0.14 on every 100 dollars invested. Pinnacle Entertainment's management efficiency ratios could be used to measure how well Pinnacle Entertainment manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 3.84 B in debt with debt to equity (D/E) ratio of 9.98, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Pinnacle Entertainment has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pinnacle Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Pinnacle Entertainment'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 Pinnacle Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pinnacle to invest in growth at high rates of return. When we think about Pinnacle Entertainment's use of debt, we should always consider it together with cash and equity.

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Pinnacle Entertainment, Inc. owns, develops, and operates casinos and related hospitality and entertainment facilities in the United States. Pinnacle Entertainment, Inc. was founded in 1938 and is headquartered in Las Vegas, Nevada. Pinnacle Entertainment operates under Resorts Casinos classification in USA and is traded on NASDAQ. It employs 15377 people. Pinnacle Entertainment (PNK) is traded on NASDAQ Exchange in USA and employs 15,377 people.

Management Performance

Pinnacle Entertainment Leadership Team

Elected by the shareholders, the Pinnacle Entertainment's board of directors comprises two types of representatives: Pinnacle Entertainment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pinnacle. The board's role is to monitor Pinnacle Entertainment's management team and ensure that shareholders' interests are well served. Pinnacle Entertainment'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, Pinnacle Entertainment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Desiree Rogers, Independent Director
Troy Stremming, Executive VP of Gov. Relations and Public Affairs
William Hannes, Senior Vice President - Special Projects
Stephanie Stewart, CIO, Vice President
J Hall, Executive Vice President - Permian Operations
Frank Risch, Independent Director
Anthony Sanfilippo, CEO and Director
Mark Berg, Executive Vice President - Corporate;Vertically Integrated Operations
Vincent Zahn, Vice President - Finance & Investor Relations
Donna Negrotto, Executive Vice President General Counsel and Secretary
Andrew Cates, Independent Director
Carlos Ruisanchez, Pres and CFO
Virginia Shanks, Chief Admin. Officer and Executive VP
Michael Wortley, Independent Director
Franklin Hopkins, Senior Vice President - Investor Relations
Bruce Leslie, Independent Director
Neal Shah, Vice President IR Contact Officer
Mark Kleinman, Senior Vice President General Counsel
Larry Grillot, Independent Director
Ron Huberman, Independent Director
Charles Atwood, Director
Scott Sheffield, Executive Vice President - Operations;Engineering;Facilities, Director
Richard Dealy, CFO, Executive Vice President
Royce Mitchell, Independent Director
James Thompson, Lead Independent Director
Phoebe Wood, Independent Director
Margaret Montemayor, Chief Accounting Officer, Vice President
Neil Walkoff, Executive VP of Operations
Phillip Gobe, Independent Director
Richard Goeglein, Independent Chairman of the Board
Kenneth Sheffield, Executive Vice President - Operations;Engineering;Facilities
Stephen Comer, Independent Director
Mona Sutphen, Independent Director
Teresa Fairbrook, Chief Human Resource Officer, Vice President
Stacy Methvin, Independent Director
Chris Cheatwood, Executive Vice President CTO
James Martineau, Independent Vice Chairman of the Board
John Godfrey, Executive VP, General Counsel and Secretary
Timothy Dove, President CEO, Director
Jaynie Studenmund, Independent Director
Edison Buchanan, Independent Director

Pinnacle 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 Pinnacle Entertainment 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 Pinnacle Stock

If you are still planning to invest in Pinnacle Entertainment 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 Pinnacle Entertainment's history and understand the potential risks before investing.
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