Steven Schnitzer - Arc Logistics SVP

SVP

Mr. Steven C. Schnitzer is the Senior Vice President, General Counsel, Secretary of Arc Logistics GP LLC, the General partner of Arc Logistics Partners LP. Prior to joining the Company, Mr. Schnitzer practiced law with the firm of Katten Muchin Rosenman LLP from 2001 to January 2014, where he served as the Chair of the Corporationrationrate Group of the firm Washington, DC office and specialized in corporate law, including corporate governance, mergers and acquisitions, corporate finance and securities matters. Prior to joining Katten Muchin Rosenman LLP, Mr. Schnitzer was a Partner in the Corporationrationrate Group of Crowell Moring LLP until 2001, after having joined that firm as an Associate in 1994. Mr. Schnitzer began his career at Debevoise Plimpton LLP in New York City, where he was an Associate in the Corporationrationrate Finance Department from 1988 to 1994 since 2014.
Age 51
Tenure 10 years
Phone212-993-1290
Webhttp://www.arcterminals.com
Schnitzer holds a Bachelor of Arts from the University of Maryland and a Juris Doctor degree from Touro College Jacob D. Fuchsberg Law Center, where he graduated cum laude and served as EditorinChief of the law review.

Arc Logistics Management Efficiency

The company has return on total asset (ROA) of 2.07 % which means that it generated a profit of $2.07 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 3.81 %, meaning that it created $3.81 on every $100 dollars invested by stockholders. Arc Logistics' management efficiency ratios could be used to measure how well Arc Logistics manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 256 M in liabilities with Debt to Equity (D/E) ratio of 73.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Arc Logistics Partners has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Arc Logistics until it has trouble settling it off, either with new capital or with free cash flow. So, Arc Logistics' 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 Arc Logistics Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arc to invest in growth at high rates of return. When we think about Arc Logistics' use of debt, we should always consider it together with cash and equity.

Similar Executives

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SVP Age

Anirudh DevganCadence Design Systems
54
Thomas BeckleyCadence Design Systems
66
Arc Logistics Partners LP engages in the terminalling, storage, throughput, and transloading of crude oil and petroleum products. Arc Logistics Partners (ARCX) is traded on New York Stock Exchange in USA and employs 111 people.

Management Performance

Arc Logistics Partners Leadership Team

Elected by the shareholders, the Arc Logistics' board of directors comprises two types of representatives: Arc Logistics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arc. The board's role is to monitor Arc Logistics' management team and ensure that shareholders' interests are well served. Arc Logistics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Arc Logistics' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Blanchard, President–Arc Terminals of Arc Logistics GP LLC
Bradley Oswald, CFO of Arc Logistics GP LLC, VP of Arc Logistics GP LLC and Treasurer of Arc Logistics GP LLC
Steven Schnitzer, Sr. VP of Arc Logistics GP LLC, General Counsel of Arc Logistics GP LLC and Secretary of Arc Logistics GP LLC
Dennis Courtney, VP of Bus. Devel. - Arc Logistics GP LLC
Vincent Cubbage, Chairman of the Board, CEO of Arc Logistics GP LLC
Edward Russell, Director of Arc Logistics GP LLC
Sidney Tassin, Independent Director of Arc Logistics GP LLC
John Pugh, Director
Gary White, Independent Director of General Partner
Michael Hart, Executive Vice President - Corporate Development of Arc Logistics GP LLC
Eric Scheyer, Director of Arc Logistics GP LLC
Barry Zubrow, Director of Arc Logistics GP LLC
Jeffrey Armstrong, Independent Director of Arc Logistics GP LLC
Darrell Brock, VP of Bus. Devel. - Arc Logistics GP LLC
Stephen Pilatzke, Chief Accounting Officer, Vice President of Arc Logistics GP LLC
Daniel Castagnola, Director of Arc Logistics GP LLC

Arc 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 Arc Logistics 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 Arc Logistics 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, Arc Logistics' short interest history, or implied volatility extrapolated from Arc Logistics options trading.

Pair Trading with Arc Logistics

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 Arc Logistics 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 Arc Logistics 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 company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Arc Logistics Partners information on this page should be used as a complementary analysis to other Arc Logistics' 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Arc Stock

If you are still planning to invest in Arc Logistics Partners 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 Arc Logistics' history and understand the potential risks before investing.
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