Bjarte Bruheim - Eco-Stim Energy Chairman

Chairman

Mr. Bjarte H. Bruheim is Director of the Company. Mr. Bruheim has over 30 years of international management experience and is also a serial entrepreneur. He has spent the majority of his career introducing technologies that reduce risk and improve efficiencies in the oil and gas business. Such companies include oilfield services companies such as Petroleum GeoServices ASA which he cofounded in 1991, Electromagnetic Geoservices ASA where he was an early venture investor and Executive Chairman starting in 2004 and became Chief Executive Officer in January 2015, GeoTexture Technologies, Inc., which he cofounded in 2005, and ODIM ASA which he worked to turn around and later sell. PGS and EMGS remain public companies and are leaders in their industry while ODIM was sold to Rolls Royce and the intellectual property of GeoTexture was sold to EcoStim. In addition to the oilfield service companies, Mr. Bruheim was a cofounder in Spinnaker Exploration Company using PGS technology, an early venture investor in Spring Energy using EMGS technology and cofounder of a small exploration and production company operating in the Eagle Ford field in Texas using GeoTexture. Spinnaker was later sold to Statoil, Spring Energy was sold to Tullow Oil and the small exploration and production company in the Eagle Ford play was sold to Chesapeake since 2017.
Age 61
Tenure 7 years
Phone281-531-7200
Webhttp://ir.ecostim-es.com
Bruheim is currently the Chief Executive Officer and Chairman of the Board for EMGS and was involved at the board level in value creation for many energy and energy service related companies. He started his career as an executive with Schlumberger after graduating with a master’s degree in Physics and Electronics from the Norwegian University of Science & Technology in Trondheim, Norway.

Eco-Stim Energy Management Efficiency

The company has return on total asset (ROA) of (1.1315) % which means that it has lost $1.1315 on every $100 spent on assets. This is way below average. Eco-Stim Energy's management efficiency ratios could be used to measure how well Eco-Stim Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 7.92 M in liabilities with Debt to Equity (D/E) ratio of 84.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Eco Stim Energy has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eco-Stim Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Eco-Stim 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 Eco Stim Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eco-Stim to invest in growth at high rates of return. When we think about Eco-Stim Energy's use of debt, we should always consider it together with cash and equity.

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Eco-Stim Energy Solutions, Inc. provides oilfield services in the United States. Eco-Stim Energy operates under Oil Gas Equipment Services classification in USA and is traded on BATS Exchange. It employs 97 people. Eco Stim Energy Solutions [ESES] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Eco Stim Energy Leadership Team

Elected by the shareholders, the Eco-Stim Energy's board of directors comprises two types of representatives: Eco-Stim Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eco-Stim. The board's role is to monitor Eco-Stim Energy's management team and ensure that shareholders' interests are well served. Eco-Stim 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, Eco-Stim Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Yonemoto, Director
Lap Chan, Director
Leonal Narea, Director
Christopher Krummel, Director
Jogeir Romestrand, Director
Brian Stewart, Director
John Hageman, Director
David Proman, Director
Bobby Chapman, COO
Jon Boswell, CEO and President and Director
Donald Stoltz, Director
Ahmad AlSati, Director
Carlos Fernandez, Executive VP of Global Bus. Devel., General Manager of Latin America and Director
Andrew Colvin, Director
Alexander Nickolatos, CFO and Assistant Secretary
Bjarte Bruheim, Executive Chairman, Member of Nominating Committee and Member of Audit Committee
Andrew Teno, Director
Craig Murrin, General Counsel, Secretary
Jim Irsik, Vice President - Operations, Mid-Continent
Todd Snyder, Director
Barry Ekstrand, COO
Timothy Reynolds, Director

Eco-Stim Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Eco-Stim 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.

Pair Trading with Eco-Stim 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 Eco-Stim 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 Eco-Stim 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 Investing Opportunities 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 income.
Note that the Eco Stim Energy information on this page should be used as a complementary analysis to other Eco-Stim 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Other Consideration for investing in Eco-Stim Pink Sheet

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