David Herrold

David Herrold Email and Phone Number

Oil & Gas Investments, Upstream Sector @
David Herrold's Location
Houston, Texas, United States, United States
David Herrold's Contact Details

David Herrold work email

David Herrold personal email

n/a
About David Herrold

David Herrold is a Oil & Gas Investments, Upstream Sector at Private Equities Trader. He possess expertise in energy, petroleum, contract negotiation, energy industry, strategic planning and 42 more skills.

David Herrold's Current Company Details
Private Equities Trader

Private Equities Trader

Oil & Gas Investments, Upstream Sector
David Herrold Work Experience Details
  • Private Equities Trader
    Owner
    Private Equities Trader Feb 2008 - Present
    Manage my personal equities portfolio by trading short-term, mid-term and long-term positions in order to maximize daily profits.• Developed and executed daily trading strategies to ensure maximum rates of return to the portfolio• Became proficient with the technical analysis required to actively evaluate rapidly evolving market trends• Learned to understand specific company fundamentals in order to invest in mispriced securities that the market will eventually correct in price•… Show more Manage my personal equities portfolio by trading short-term, mid-term and long-term positions in order to maximize daily profits.• Developed and executed daily trading strategies to ensure maximum rates of return to the portfolio• Became proficient with the technical analysis required to actively evaluate rapidly evolving market trends• Learned to understand specific company fundamentals in order to invest in mispriced securities that the market will eventually correct in price• Developed numerous chart analysis skills that would help identify intraday movements in stock prices in order to trade it for a profit• Focused on re-balancing the portfolio, as needed, in order to ensure its long-term sustainability• Became knowledgeable with the evolution of the new globally connected markets and how they drastically affect our U.S. Markets on a minute to minute basis• Learned to focus on day-trading and swing-trading as important methods of profiting in the equities markets due to the tremendous volatility created by global markets and its constant news flow Show less
  • Enline Resources, L.P.
    Founder, Owner & President
    Enline Resources, L.P. Feb 1993 - Present
    Houston, Texas Area
    Acquired certain producing oil and gas working interests in order to increase cash flow by means of increasing production and reducing costs with the ultimate goal of packaging them up for sale.• Negotiated a $35,000,000 Master Note Facility with Comerica Bank-Texas, Energy Group• Successfully negotiated and closed the company's 1st acquisition from Auden Energy of numerous producing oil and gas properties in Orange County, Texas; which the company ("Enline") later called the "Orange… Show more Acquired certain producing oil and gas working interests in order to increase cash flow by means of increasing production and reducing costs with the ultimate goal of packaging them up for sale.• Negotiated a $35,000,000 Master Note Facility with Comerica Bank-Texas, Energy Group• Successfully negotiated and closed the company's 1st acquisition from Auden Energy of numerous producing oil and gas properties in Orange County, Texas; which the company ("Enline") later called the "Orange Project"• Successfully negotiated and closed the company's 2nd acquisition with Scana Petroleum of numerous producing oil and gas properties in several south Texas counties; which Enline later called the "Scana Project"• Successfully negotiated and closed the company's 3rd acquisition with Hunt Oil Company of over one hundred and forty producing oil and gas properties in several states including Texas, New Mexico, Louisiana, Alabama and Wyoming; which Enline later called the "Hunt Project"• Successfully negotiated in the "Hunt Project" to participate in a multi-well drilling program with ConocoPhillips, as operator, in their north Louisiana operations• Negotiated a $20,000,000 Master Note Facility with Amegy Bank of Texas, Energy Lending Group• Successfully negotiated and closed the company's fourth acquisition with IP Petroleum of their working interest in two deep gas wells in Colorado County, Texas; which Enline later called the "Provident City Project"• Engaged in numerous successful work-over procedures and drilled and completed commercial oil and gas wells in the Orange, Scana, Hunt, Provident City Projects & with ConocoPhillips significantly increasing our PV estimate by: 1) upping daily production, 2) adding proven reserves, 3) and lowering cost. • Successfully negotiated the sale of the company's interest in 750+ producing oil and gas wells in late 2007 for a significant profit while simultaneously retiring all remaining energy loans from the Master Note Facilities. Show less
  • Enron
    Acquisitions And Crude Oil Analyst
    Enron Oct 1991 - Jan 1993
    • Assumed the responsibility of locating crude oil producers, within Texas, who have a need to sell their production on a daily basis to a given gatherer, such as Enron• Calculated the cost per barrel, in miles, traveled by a crude oil transporting rig to its nearest competitive market for a trade (known as a "swop") or an outright sale of the oil at its destination• With essential cost calculated, the company could then become more competitive and solicit any given crude oil producer… Show more • Assumed the responsibility of locating crude oil producers, within Texas, who have a need to sell their production on a daily basis to a given gatherer, such as Enron• Calculated the cost per barrel, in miles, traveled by a crude oil transporting rig to its nearest competitive market for a trade (known as a "swop") or an outright sale of the oil at its destination• With essential cost calculated, the company could then become more competitive and solicit any given crude oil producer in order to purchase their crude oil on a contract basis• Evaluated margins earned per barrel from current customers and/or potential customers in order to maximize profits while still maintaining our competitiveness and customer satisfaction• Determined the daily price differential between many crude oil types (i.e. WTI, WTS, Brent North Sea, Condensate) in order to maintain an "apples-to-apples" margin analysis; enabling the company to sell, purchase or swap many different types of crude oil simultaneously Show less

David Herrold Skills

Energy Petroleum Contract Negotiation Energy Industry Strategic Planning Start Ups Business Development Negotiation Management Investments Joint Ventures Private Equity Natural Gas Gas Strategic Partnerships Due Diligence Risk Management Trading Analysis Asset Management Banking Business Planning Business Strategy Commodity Commodity Markets Corporate Finance Drilling Energy Markets Entrepreneurship Equities Executive Management Finance Financial Modeling Hedging International Business Management Consulting Mergers New Business Development Portfolio Management Project Finance Renewable Energy Sales Strategy Upstream Valuation Venture Capital Oil

David Herrold Education Details

Frequently Asked Questions about David Herrold

What company does David Herrold work for?

David Herrold works for Private Equities Trader

What is David Herrold's role at the current company?

David Herrold's current role is Oil & Gas Investments, Upstream Sector.

What is David Herrold's email address?

David Herrold's email address is da****@****old.net

What schools did David Herrold attend?

David Herrold attended University Of Houston, Southern Methodist University, Episcopal High School.

What skills is David Herrold known for?

David Herrold has skills like Energy, Petroleum, Contract Negotiation, Energy Industry, Strategic Planning, Start Ups, Business Development, Negotiation, Management, Investments, Joint Ventures, Private Equity.

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