Bruce Stover - Midstates Petroleum Director

Director

Mr. Bruce H. Stover was appointed as Chairman of the Board of the Company. He served as Independent Director of the Company since March 18 2015. He has over 40 years of experience in the oil and gas industry and has an extensive background in mergers and acquisitions as well as global operations and business development since 2015.
Age 65
Tenure 9 years
Phone713 490-8900
Webwww.amplifyenergy.com
Stover has served on the board of directors of the Bristow Group, Inc. since 2009 and as Chairman of the Compensation Committee of such board since 2012. Prior to joining the board of Bristow Group, Inc., he was a founding member of the management team of Endeavor International Corporationrationrationration, where he served as Executive Vice President, Operations and Business Development, from 2003 to 2010. Before serving at Endeavor International Corporationrationrationration, Mr. Stover was Senior Vice President, Worldwide Business Development for Anadarko Petroleum Corporationration responsible for evaluating and securing domestic and international business opportunities. While there, Mr. Stover also served as President and General Manager of Anadarko Petroleum Corporationrationrationration’s Algerian subsidiary. He began his career as an engineer with Amoco Production Company.

Midstates Petroleum Management Efficiency

The company has Return on Asset of (0.0512) % which means that on every $100 spent on assets, it lost $0.0512. This is way below average. Midstates Petroleum's management efficiency ratios could be used to measure how well Midstates Petroleum manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 65.63 M in debt with debt to equity (D/E) ratio of 15.0, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Midstates Petroleum has a current ratio of 0.85, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Midstates Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Midstates Petroleum'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 Midstates Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Midstates to invest in growth at high rates of return. When we think about Midstates Petroleum's use of debt, we should always consider it together with cash and equity.

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As of August 6, 2019, Midstates Petroleum Company, Inc. was acquired by Amplify Energy Corp., in a reverse merger transaction. The company was founded in 1993 and is headquartered in Tulsa, Oklahoma. Midstates Petroleum operates under Oil Gas EP classification in USA and is traded on New York Stock Exchange. It employs 85 people. Midstates Petroleum (MPO) is traded on New York Stock Exchange in USA and employs 85 people.

Management Performance

Midstates Petroleum Leadership Team

Elected by the shareholders, the Midstates Petroleum's board of directors comprises two types of representatives: Midstates Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Midstates. The board's role is to monitor Midstates Petroleum's management team and ensure that shareholders' interests are well served. Midstates Petroleum'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, Midstates Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Mogford, Independent Director
Randal Klein, Independent Director
David Proman, Independent Director
Yaniv Stern, Non-Executive Director
George DeMontrond, Independent Director
Mitchell Elkins, Executive VP of Operations
Samuel Belzberg, Non-Executive Director
Nelson Haight, CFO and Executive VP
Alan Carr, Director
Todd Snyder, Director
Bruce Vincent, Director
Patrice Douglas, Director
David Sambrooks, President CEO, Director
Andrew Metcalfe, Company Secretary
Thomas Knudson, Independent Interim Chairman of the Board
Paul Belliveau, CFO
Neal Goldman, Director
Michael Reddin, Director
Antony Sormann, Non-Executive Director
Evan Lederman, Independent Director
Robert Ogle, Director
Bruce Stover, Director
Ronnen Rosengart, Non-Executive Director
Samantha Tough, Independent Interim Non-Executive Chairman of the Board
Frederic Brace, CEO and President and Director

Midstates 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 Midstates Petroleum 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 Midstates Petroleum 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, Midstates Petroleum's short interest history, or implied volatility extrapolated from Midstates Petroleum options trading.

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Other Consideration for investing in Midstates Stock

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