Merrill Miller - Chesapeake Energy Independent Director

Director

Mr. Merrill A. Miller, Jr., serves as Independent Director of the Company. Mr. Miller is Executive Chairman of NOW Inc., an international distributor of energy and industrial products, since May 2014. Previously, he served as President and Chief Executive Officer of National Oilwell Varco, Inc., a supplier of oilfield services, equipment and components to the worldwide oil and natural gas industry, from 2001 to 2014 and as Chairman and Chief Executive Officer of NOV from 2002 to 2014. Mr. Miller joined NOV in 1996 as Vice President of Marketing, Drilling Systems and was promoted in 1997 to President of the companys products and technology group. He was named President and Chief Operating Officer in 2000, elected President and Chief Executive Officer in 2001 and also elected Chairman of the Board in 2002. Mr. Miller served as President of Anadarko Drilling Company from 1995 to 1996. Prior to his service at Anadarko, Mr. Miller spent 15 years at Helmerich Payne International Drilling Company in Tulsa, Oklahoma, serving in various senior management positions, including Vice President, U.S. Operations. Mr. Miller serves as Vice Chairman of the Board of Directors of Transocean Ltd., a provider of offshore contract drilling services for oil and gas wells. He also serves on the Board of Directors of the Offshore Energy Center, Petroleum Equipment Suppliers Association and Spindletop International, and is a member of the National Petroleum Council. The Board believes Mr. Millers more than 30 years of management and executive experience in the energy industry and service in multiple leadership positions for DNOW, NOV, RIG and other companies qualifies him to serve on the Board. since 2012.
Age 66
Tenure 12 years
Phone405 848 8000
Webhttp://www.chk.com
Miller graduated from the U.S. Military Academy, West Point, New York in 1972. Upon graduation, he served five years in the U.S. Army and received his MBA from Harvard Business School in 1980.

Chesapeake Energy Management Efficiency

The company has return on total asset (ROA) of 0.15 % which means that it generated a profit of $0.15 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (9.43) %, meaning that it generated substantial loss on money invested by shareholders. Chesapeake Energy's management efficiency ratios could be used to measure how well Chesapeake Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 9.5 B in total debt with debt to equity ratio (D/E) of 215.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Chesapeake Energy has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Chesapeake Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Chesapeake Energy'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 Chesapeake Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chesapeake to invest in growth at high rates of return. When we think about Chesapeake Energy's use of debt, we should always consider it together with cash and equity.

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Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the United States. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma. CHESAPEAKE ENERGY operates under Oil Gas EP classification in USA and is traded on BATS Exchange. It employs 2300 people. Chesapeake Energy [CHKDG] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Chesapeake Energy Leadership Team

Elected by the shareholders, the Chesapeake Energy's board of directors comprises two types of representatives: Chesapeake Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chesapeake. The board's role is to monitor Chesapeake Energy's management team and ensure that shareholders' interests are well served. Chesapeake 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, Chesapeake Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Ryan, Independent Director
Chris Doyle, Senior Vice President - Operations, Northern Division
John Lipinski, Independent Director
Merrill Miller, Independent Director
Vincent Intrieri, Independent Director
David Hayes, Independent Director
Gloria Boyland, Director
Brad Martin, Non-Executive Chairman of the Board
Cathlyn Tompkins, Senior Vice President - Information Technology and CIO
William Buergler, Senior Vice President Chief Accounting Officer
Robert Lawler, CEO and President and Director
Christopher Doyle, Executive VP of Operations - Northern Division
Archie Dunham, Independent Non-Executive Chairman of the Board
Frank Patterson, Vice President - Exploration, Land and Subsurface Technology
Robert Martin, Chairman of the Board
Frederic Poses, Independent Director
James Webb, Executive VP, Corporate Secretary and General Counsel
Leslie Keating, Director
Luke Corbett, Director
Mark Edmunds, Director
Michael Johnson, Senior Vice President - Accounting, Chief Accounting Officer, Controller
Louis Raspino, Independent Director
Mikell Pigott, Executive VP of Operations - Southern Division
Kimberly Querrey, Director
Domenic DellOsso, CFO and Executive VP

Chesapeake Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Chesapeake 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.
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 Chesapeake Energy 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, Chesapeake Energy's short interest history, or implied volatility extrapolated from Chesapeake Energy options trading.

Pair Trading with Chesapeake 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 Chesapeake 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 Chesapeake 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Chesapeake Energy information on this page should be used as a complementary analysis to other Chesapeake Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Consideration for investing in Chesapeake OTC Stock

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