Joseph Romano - Contango Oil Independent Chairman of the Board
Chairman
Mr. Joseph J. Romano is Chairman of the Board and independent director of Contango Oil Gas Company. Mr. Romano became a Director in November 2012, after the Companys founder, Mr. Kenneth R. Peak, received a medical leave of absence. Upon Mr. Peaks passing in April 2013, Mr. Romano was elected Chairman. Mr. Romano also served as the Companys President and Chief Executive Officer from November 2012 until October 1, 2013. Mr. Romano has worked in the energy industry since 1977, and assisted Mr. Peak in founding the Company in 1999. Mr. Romano served as Senior Vice President and Chief Financial Officer of Zilkha Energy Company until its sale in 1998 and served as President and Chief Executive Officer of Zilkha Renewable Company until its sale in 2005. He currently also serves in various capacities in Zilkhaaffiliated companies. He was President and Chief Executive Officer of Olympic Energy Partners since 2005, President and Chief Executive Officer of ZZ Biotech since 2006, and Vice President and Director of Laetitia Vineyards and Winery since 2000. Mr. Romano also served as Chief Financial Officer, Treasurer and Controller of Texas International Company from 1986 through 1988 and its Treasurer and Controller from 1982 through 1985. Prior to 1982, Mr. Romano spent five years working in the Worldwide Energy Group of the First National Bank of Chicago. He earned his BA in Economics from the University of Wisconsin in Eau Claire and an MBA from the University of Northern Illinois. Mr. Romano brings to the Board his extensive historical knowledge about the Company, as well as his broad oil and gas management experience and corporate governance expertise. since 2019.
| Age | 65 |
| Tenure | 5 years |
| Professional Marks | MBA |
| Phone | 817 529-0059 |
| Web | www.contango.com |
Contango Oil Management Efficiency
The company has Return on Asset of (11.99) % which means that on every $100 spent on assets, it lost $11.99. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (500.7) %, meaning that it generated no profit with money invested by stockholders. Contango Oil's management efficiency ratios could be used to measure how well Contango Oil manages its routine affairs as well as how well it operates its assets and liabilities.The company has 125.19 M in debt with debt to equity (D/E) ratio of 2.39, meaning that the company heavily relies on borrowing funds for operations. Contango Oil Gas has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Contango Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Contango Oil'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 Contango Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Contango to invest in growth at high rates of return. When we think about Contango Oil's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 7 records | CHAIRMAN Age | ||
| James Wert | Park Ohio Holdings | 70 | |
| Kevin McNamara | Tyson Foods | 64 | |
| William Koertner | MYR Group | 68 | |
| Maurice Taylor | Titan International | 75 | |
| Edward Crawford | Park Ohio Holdings | 78 | |
| Alec Covington | Topbuild Corp | 64 | |
| John Leonesio | The Joint Corp | 62 | |
Management Performance
| Return On Equity | -500.7 | |||
| Return On Asset | -11.99 |
Contango Oil Gas Leadership Team
Elected by the shareholders, the Contango Oil's board of directors comprises two types of representatives: Contango Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Contango. The board's role is to monitor Contango Oil's management team and ensure that shareholders' interests are well served. Contango Oil'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, Contango Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charles Reimer, Independent Director | ||
| Thomas Atkins, Sr. VP of Exploration | ||
| Joseph Romano, Independent Chairman of the Board | ||
| Allan Keel, CEO and President Director and Member of Investment Committee | ||
| James Ford, Independent Director | ||
| Denise DuBard, Chief Accounting Officer, Controller | ||
| Jay Mengle, Sr. VP of Engineering | ||
| James Metcalf, Senior Vice President – Operations, Principal Operating Officer | ||
| Edward Grady, Chief Financial Officer, Senior Vice President | ||
| John Goff, Non-Executive Independent Chairman of the Board | ||
| Lon McCain, Independent Director | ||
| Michael Autin, Vice President - Operations | ||
| John Thomas, Vice President General Counsel, Secretary | ||
| Anthony Isaac, Sr. VP of Operations | ||
| Bill Berilgen, Independent Director | ||
| Farley Dakan, Senior Vice President – Corporate Development | ||
| Steven Schoonover, Independent Director | ||
| Wilkie Colyer, President, Chief Executive Officer, Director | ||
| B Ford, Independent Director | ||
| Joseph Grady, CFO and Sr. VP |
Contango 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 Contango Oil 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.
| Return On Equity | -500.7 | |||
| Return On Asset | -11.99 | |||
| Profit Margin | (28.38) % | |||
| Operating Margin | (26.95) % | |||
| Current Valuation | 770.42 M | |||
| Shares Outstanding | 201.34 M | |||
| Shares Owned By Insiders | 26.78 % | |||
| Shares Owned By Institutions | 25.90 % | |||
| Number Of Shares Shorted | 12.68 M | |||
| Price To Earning | (2.77) X |
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Try AI Portfolio ArchitectCheck 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 main economic indicators. Note that the Contango Oil Gas information on this page should be used as a complementary analysis to other Contango Oil'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Contango Stock
If you are still planning to invest in Contango Oil Gas 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 Contango Oil's history and understand the potential risks before investing.
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