John Schmitz - Select Energy Chairman

WTTR Stock  USD 14.67  0.11  0.76%   

Chairman

Mr. John D. Schmitz serves as Executive Chairman of the Board of the Company. Mr. Schmitz has served as our Executive Chairman since our combination with Rockwater Energy Solutions, Inc. closed in November 2017. Prior to the Rockwater Merger, Mr. Schmitz served as our Chief Executive Officer and Chairman since November 2016 and served as the Chief Executive Officer and Chairman of SES Holdings since we were originally founded as Peak Oilfield Services, LLC and began operations in 2007. After Mr. Schmitz founded our predecessor, he led the transformation of our assets and operations through a series of strategic acquisitions designed to enhance the Company total water solutions offerings. Prior to founding us and our predecessors, Mr. Schmitz served as the North Texas Division Manager for Complete Production Services, Inc. before its sale to Superior Energy Services, Inc. in February 2012. Mr. Schmitz involvement with Complete originated when his initial oilfield services holding company, BSI Holdings, Inc., was recapitalized by SCF Partners, L.P. in 2003 and was rebranded underneath the Complete Energy Services, Inc. umbrella. Mr. Schmitz founded Brammer Supply, Inc., the predecessor to BSI Holdings, Inc., in 1983 and spent the 20 years thereafter growing the Company, both organically and through acquisitions, into an integrated wellsite service provider with over 16 locations in North and East Texas, Oklahoma and Louisiana. Mr. Schmitz was also responsible for the founding and subsequent recapitalization of Allied Production Solutions, LP, a production surface tank equipment manufacturer, which ultimately merged into Forum Energy Technologies, Inc. in August 2010. Mr. Schmitz is the founder and Chairman of Silver Creek Oil Gas, an exploration and production company. since 2021.
Age 64
Tenure 3 years
Phone713 235 9500
Webhttps://www.selectwater.com

John Schmitz Latest Insider Activity

Tracking and analyzing the buying and selling activities of John Schmitz against Select Energy stock is an integral part of due diligence when investing in Select Energy. John Schmitz insider activity provides valuable insight into whether Select Energy is net buyers or sellers over its current business cycle. Note, Select Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell Select Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Select Energy Management Efficiency

The company has return on total asset (ROA) of 0.0313 % which means that it generated a profit of $0.0313 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0725 %, meaning that it created $0.0725 on every $100 dollars invested by stockholders. Select Energy's management efficiency ratios could be used to measure how well Select Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Select Energy Services currently holds 53.55 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. Select Energy Services has a current ratio of 2.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Select Energy's use of debt, we should always consider it together with its cash and equity.

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Select Energy Services, Inc., an oilfield services company, provides water management and chemical solutions to the onshore oil and gas industry in the United States. Select Energy Services, Inc. was incorporated in 2016 and is headquartered in Houston, Texas. Select Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 3000 people. Select Energy Services (WTTR) is traded on New York Stock Exchange in USA. It is located in 1223 West Loop South, Houston, TX, United States, 77027 and employs 4,200 people. Select Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Select Energy Services Leadership Team

Elected by the shareholders, the Select Energy's board of directors comprises two types of representatives: Select Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Select. The board's role is to monitor Select Energy's management team and ensure that shareholders' interests are well served. Select 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, Select Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Burnett, Independent Director
Mike Lyons, Executive Officer
Troy Thacker, Independent Director
John Schmitz, Chairman of the Board, President, Chief Executive Officer
Chris George, VP Treasurer
David Baldwin, Independent Director
Paul Pistono, Executive Vice President - Oilfield Chemicals
Jeremy Townley, President Construction
Christina JD, General VP
Robert Delaney, Lead Independent Director
Michael Skarke, Executive Vice President - Corporate Development, Sales and Operational Support
Adam Law, Senior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary
Cody Ortowski, Executive Vice President - Business Strategy
Suzanne Colbert, Senior Vice President, Chief Technology Officer
Christina Ibrahim, General VP
Keith Rattie, Independent Director
Christopher George, Investor Development
Gayle Burleson, Independent Director
David Trice, Independent Director
Joey Fanguy, President Solutions
Patrick Anderle, President Rentals
Michael Lyons, Chief VP
Nicholas Swyka, Chief Financial Officer, Senior Vice President
Douglas Wall, Independent Director
Brian Szymanski, Chief Accounting Officer, Vice President

Select 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 Select 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 Select 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 Select 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 Select Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Select Stock

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Moving against Select Stock

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The ability to find closely correlated positions to Select Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Select Energy 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 Select Energy - 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 Select Energy Services to buy it.
The correlation of Select Energy 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 Select Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Select Energy Services 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 Select Energy 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

Additional Tools for Select Stock Analysis

When running Select Energy's price analysis, check to measure Select Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Select Energy is operating at the current time. Most of Select Energy's value examination focuses on studying past and present price action to predict the probability of Select Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Energy's price. Additionally, you may evaluate how the addition of Select Energy to your portfolios can decrease your overall portfolio volatility.