Ronald Ormand - Lilis Energy Director

Director

Mr. Ronald Dean Ormand is Executive Chairman of the Board, Chief Executive Officer of the Company. He brings more than 33 years of experience as a senior executive and investment banker in energy, including extensive financing and merger and acquisition expertise in the oil and gas industry, to Lilis Energy. During his career, he has completed more than 25 billion of capital markets and financial advisory transactions, both as a principal and as a banker. He is currently the Chairman, Head of Energy Investment Banking Group at MLV Co., focused on investment banking and principal investments in the energy sector. Prior to joining MLV Co. in November 2013, he was a senior executive for four and a half years at Magnum Hunter Resources Corporationrationration. He was part of the management team that took over prior management and grew MHR from approximately 35 million enterprise value to over 2.5 billion enterprise value at the time he left in 2013. Mr. Ormand served on the Board of Directors and in several senior management positions for MHR, including Executive Vice President, Chief Financial Officer and Executive Vice President of Capital Markets. His career includes serving as Managing Director and Group Head of U.S. Oil and Gas Investment Banking at CIBC World Markets and Oppenheimer Head Of North American Oil and Gas Investment Banking at West LB A.G., and President and CFO of Tremisis Energy Acquisition Corporationration II, an energy special purpose acquisition company from 20072009. Mr. Ormand has previously served as a Director of Greenhunter Resources, Inc. Tremisis, and Eureka Hunter Holdings, Inc., a private midstream company since 2018.
Age 56
Tenure 6 years
Professional MarksMBA
Phone817 720-9585
Webwww.lilisenergy.com
Ormand holds a B.A. in Economics, an MBA in Finance and Accounting from UCLA and studied Economics at Cambridge University, England.

Lilis Energy Management Efficiency

Lilis Energy's management efficiency ratios could be used to measure how well Lilis Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 115.83 M in liabilities with Debt to Equity (D/E) ratio of 49.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Lilis Energy has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Lilis Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Lilis 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 Lilis Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lilis to invest in growth at high rates of return. When we think about Lilis Energy's use of debt, we should always consider it together with cash and equity.

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Lilis Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. Lilis Energy, Inc. was incorporated in 2007 and is headquartered in Fort Worth, Texas. Lilis Energy operates under Oil Gas EP classification in the United States and is traded on BATS Exchange. It employs 43 people. Lilis Energy (LLEX) is traded on NYSE MKT Exchange in USA and employs 43 people.

Management Performance

Lilis Energy Leadership Team

Elected by the shareholders, the Lilis Energy's board of directors comprises two types of representatives: Lilis Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lilis. The board's role is to monitor Lilis Energy's management team and ensure that shareholders' interests are well served. Lilis 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, Lilis Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dawson, Independent Director
David Wood, Director
James Denny, Executive Vice President - Production and Operations
Nuno Brandolini, Chairman of the Board
James Linville, President
Mark Christensen, Director
Abraham Mirman, CEO and Director
John Johanning, Director
Markus Specks, Director
Nicholas Steinsberger, Director
Brennan Short, COO
Robert Dawson, Independent Director
Michael Pawelek, President Director
Kevin Nanke, CFO and Executive VP
G Runnels, Director
Peter Benz, Director
Merrill McPeak, Director
Edward Shaw, COO, Executive Vice President
Joseph Daches, CFO, Executive Vice President Treasurer
Michael Long, Director
Ronald Ormand, Director
Ariella Fuchs, General Counsel and Secretary

Lilis 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 Lilis 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.

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Check out Correlation Analysis 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 Lilis Energy information on this page should be used as a complementary analysis to other Lilis 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Other Consideration for investing in Lilis Stock

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