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Senior-level financial professional with a demonstrated history of leadership, strong analytical abilities and extensive knowledge of financial markets to help transform into winning organizations. Proven record in creating and communicating business strategy as Vice President and as Director of Investor Relations and oversaw $6.5B in asset acquisitions crafting the storyline to attract new investors as we accessed capital markets. Strong ability to work across all functional areas within the organization.
Ngl Energy Partners Lp
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- nglenergypartners.com
- Employees:
- 654
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Sr Vp FinanceNgl Energy Partners LpUnited States -
Vice President FinanceNgl Energy Partners Lp Oct 2021 - PresentTulsa, Oklahoma, United States -
Vice President Of Investor RelationsWpx Energy Jan 2020 - Mar 2021Tulsa, Oklahoma, United States• Managed and shaped the WPX’s investment story attracting a significant long-only investor base in WPX. Managed the preparation and execution of WPX’s quarterly earnings calls. Provided investor and market intelligence and counsel to Senior Management. Educated the investors and analysts around the company’s business strategies and performance, while managing a team of 34 sell-side analysts covering WPX. This successful outreach led to 3 well received acquisitions totaling $6.0B and positioned the company for a merger-of-equals transaction with Devon. • Worked closely with the planning and accounting groups to get in front of financial trends and to determine overall impact to public guidance.• Developed the 5-year Company strategic goals and targets and rollout to investors (November 2019),• Created the strategy behind key messaging for quarterly earnings calls and press releases. • Prepared and presented to Board of Directors at quarterly meetings on investor sentiment and the macro environment.• Developed and executed investor outreach strategies to attract and sustain long-term shareholders. • Led the investor outreach and communication strategies for $6.5B in deals, including:o $2.5B acquisition of Felix Energyo $775MM acquisition of Panther Energy Company IIo $500MM secondary equity offering o $2.75B acquisition of RKI Exploration & Production, LLC• Collaborated with Sr. Management in developing WPX’s 5-year strategy (October 2014).• Active representative of ESG Steering Team, charged with disclosure and future reporting framework. • Successfully managed investor interaction during Taconic Activist Campaign (fall 2013). -
Director Of Investor RelationsWpx Energy Mar 2014 - Jan 2020Tulsa, Oklahoma, United StatesManaged and shaped the WPX’s investment story attracting a significant long-only investor base in WPX. Manage the preparation and execution of WPX’s quarterly earnings calls, Provide investor and market intelligence and counsel to Senior Management. Educate the investors and analysts around the company’s business strategies and performance, while managing a team of 34 sell-side analysts covering WPX. This successful outreach lead to 3 well received acquisitions totaling $6.0B and positioned the company for a merger-of-equals transaction with Devon. • Work closely with the planning and accounting groups to get in front of financial trends and to determine overall impact to public guidance. • Develop the 5-year Company strategic goals and targets and rollout to investors (November 2019) • Create the strategy behind key messaging for quarterly earnings calls and press releases. • Prepare and present to Board of Directors at quarterly meetings on investor sentiment and the macro environment. • Develop and execute investor outreach strategies to attract and sustain long-term shareholders. • Reduced WPX Top 50 shareholder hedge fund interest from 34% in 3Q’15 to 8% in 3Q’20. • WPX’s Top 20 shareholders (96% of total ownership) consists of low-medium turnover investors. • Lead the investor outreach and communication strategies for $6.5B in deals, including: o $2.5B acquisition of Felix Energy o $775MM acquisition of Panther Energy Company II o $500MM secondary equity offering o $2.75B acquisition of RKI Exploration & Production, LLC • Collaborated with Sr. Management in developing WPX’s 5-year strategy (October 2014). • Active representative of ESG Steering Team, charged with disclosure and future reporting framework • Successfully managed investor interaction during Taconic Activist Campaign (fall 2013). -
Manager Of Investor RelationsWpx Energy Dec 2011 - Mar 2014Tulsa, Oklahoma, United StatesManaged and shaped the WPX’s investment story attracting a significant long-only investor base in WPX. Manage the preparation and execution of WPX’s quarterly earnings calls, Provide investor and market intelligence and counsel to Senior Management. Educate the investors and analysts around the company’s business strategies and performance, while managing a team of 34 sell-side analysts covering WPX. This successful outreach lead to 3 well received acquisitions totaling $6.0B and positioned the company for a merger-of-equals transaction with Devon. • Work closely with the planning and accounting groups to get in front of financial trends and to determine overall impact to public guidance. • Develop the 5-year Company strategic goals and targets and rollout to investors (November 2019) • Create the strategy behind key messaging for quarterly earnings calls and press releases. • Prepare and present to Board of Directors at quarterly meetings on investor sentiment and the macro environment. • Develop and execute investor outreach strategies to attract and sustain long-term shareholders. • Reduced WPX Top 50 shareholder hedge fund interest from 34% in 3Q’15 to 8% in 3Q’20. • WPX’s Top 20 shareholders (96% of total ownership) consists of low-medium turnover investors. • Lead the investor outreach and communication strategies for $6.5B in deals, including: o $2.5B acquisition of Felix Energy o $775MM acquisition of Panther Energy Company II o $500MM secondary equity offering o $2.75B acquisition of RKI Exploration & Production, LLC • Collaborated with Sr. Management in developing WPX’s 5-year strategy (October 2014). • Active representative of ESG Steering Team, charged with disclosure and future reporting framework • Successfully managed investor interaction during Taconic Activist Campaign (fall 2013). -
Manager Of Investor RelationsWilliams Apr 2010 - Dec 2011Tulsa, Oklahoma, United StatesWorked with the existing IR team and supported the team in the investor communication strategy, investor outreach, earnings call presentations, Williams analyst day and day-to-day sell-side and buy-side interaction. • Interacted with both sell-side and buy-side analyst • Helped prepare the earnings call presentation and investor conference presentations • Helped with targeting the most prospective investors at conferences and on non-deal roadshows • Assisted in writing scripts and outlines for earnings calls and investor presentations • Helped craft the messaging via press releases and investor presentation -
Financial Planning And Analysis ManagerWilliams Aug 2007 - Apr 2010Tulsa, Oklahoma, United StatesManaged and developed a streamlined consolidated planning process for all the business units within Williams (E&P, Pipes, Midstream, Marketing and Corporate). This allowed us to create multiple “what-if” scenarios with full multi-year financials (income statement, balance sheet and cashflow) in a single day. Previously the consolidation process took 1 to 2 weeks and only included the consolidated income statement. These efficiencies created more reliable and timely information for Senior Management to make real-time decisions. • Managed the consolidation of all business units for the annual plan and monthly forecasting process producing multi-year full financial reports (income statement, balance sheet and cashflow). • Reported results and variance analysis to the CFO with recommendations on next steps. • Throughout the calendar year, created multi-year consolidated forecast scenarios based on changes in commodity prices and market conditions. • Led the corporate team responsible for implementing Hyperion Essbase as the primary forecast and planning consolidation tool. • Transitioned all users to Hyperion Essbase which provided the ability to run multiple “what if” planning scenarios, allowing Sr. Management to make immediate real-time decisions as commodity prices and market conditions changed. • Collaborated with Business Development and outside bankers to create WPZ and WMZ master limited partnerships. • Provided support to functional areas across the company as WMZ and merged into WPZ (the “Big Bang” transaction). -
Senior Financial Planning AnalystWilliams May 2004 - Aug 2007Tulsa, Oklahoma, United States• Processed monthly financial statements, income statement, balance sheet & cash flow for the primary corporate entity (TWC) to be consolidated with Williams operating units. • Worked closely with the Consolidation Team in the analysis of various accounting issues related to TWC. Submit a monthly analysis to the Consolidations Group of the $14B investment Williams holds in its subsidiaries and the subsidiaries offsetting paid in capital adjustments. • Prepared monthly Common and Treasury Stock reconciliation for TWC for the outstanding shares, the EPS calculates; reviewed all monthly journal entries entered on the corporate ledger. • Submitted quarterly account analysis for the 10-Q and annual analysis for the 10-K. Worked year round with outside auditors (Ernst & Young) on issues related to TWC. • Prepared a monthly 36-month rolling forecast (income statement, balance sheet & cash flow). • Planned annual budgets for various corporate departments and worked with subsidiaries to reconcile inter-company accounts. -
Senior AccountantWilliams Aug 1999 - May 2004Tulsa, Oklahoma, United States
Frequently Asked Questions about David Sullivan
What company does David Sullivan work for?
David Sullivan works for Ngl Energy Partners Lp
What is David Sullivan's role at the current company?
David Sullivan's current role is Sr VP Finance.
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David Sullivan's email address is da****@****ers.com
Who are David Sullivan's colleagues?
David Sullivan's colleagues are Sharra Straight, Matt Bielenberg, Jonathan Flores, Yasser Ebrahimian, James Brandon, Carey Drake, Debora King.
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