Last updated: 4 July 2020 at 1:04pm EST

Joseph Daches Net Worth




The estimated Net Worth of Joseph C Daches is at least $2.8 million dollars as of 14 May 2019. Mr. Daches owns over 10,000 units of Lilis stock worth over $315,060 and over the last 8 years he sold LLEX stock worth over $0. In addition, he makes $2,482,390 as President, Chief Executive Officer et Chief Financial Officer at Lilis.

Mr. Daches LLEX stock SEC Form 4 insiders trading

Joseph has made over 10 trades of the Lilis stock since 2018, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of LLEX stock worth $9,400 on 14 May 2019.

The largest trade he's ever made was buying 30,000 units of Lilis stock on 13 August 2018 worth over $120,300. On average, Joseph trades about 7,727 units every 12 days since 2017. As of 14 May 2019 he still owns at least 1,179,560 units of Lilis stock.

You can see the complete history of Mr. Daches stock trades at the bottom of the page.





Joseph Daches biography

Joseph C. Daches CPA serves as President, Chief Executive Officer, Chief Financial Officer of the Company. Prior to such time, the Company engaged Mr. Daches as a Senior Advisor to the Board of Directors of the Company commencing on December 15, 2016. Since joining the Company, Mr. Daches has been instrumental in building and managing the financial and accounting departments of the Company, securing over $300 million in various forms of financing, negotiating the agreements for the construction and management of infrastructure systems across the Company’s properties and establishing significant capital market relationships to further enhance the Company’s strategic growth objectives. Mr. Daches, age 51, is a seasoned energy sector executive with over 25 years of experience and expertise directing strategy and growth for small and mid-cap oil and gas companies. Mr. Daches has guided multiple E&P companies through financial strategies, capital raises, and private and public offerings. He has also developed, negotiated and implemented various midstream and infrastructure solutions for multiple oil and gas companies. Prior to joining Lilis, Mr. Daches held executive roles in multiple upstream and midstream companies, including serving as the Chief Financial Officer and Senior Vice President of Magnum Hunter Resources Corp. (“MHR”) from July 2013 to June 2016, where he finished his tenure by successfully guiding MHR through a restructuring, and upon emergence was appointed Co-CEO by MHR’s new board of directors until his departure. Mr. Daches holds a Bachelor of Science in Accounting from Wilkes University in Pennsylvania, and he is a certified public accountant in good standing with the Texas State Board of Public Accountancy.

What is the salary of Joseph Daches?

As the President, Chief Executive Officer et Chief Financial Officer of Lilis, the total compensation of Joseph Daches at Lilis is $2,482,390. There are no executives at Lilis getting paid more.



How old is Joseph Daches?

Joseph Daches is 53, he's been the President, Chief Executive Officer et Chief Financial Officer of Lilis since 2019. There are 3 older and 1 younger executives at Lilis. The oldest executive at Lilis Energy, Inc. is Michael Long, 67, who is the Independent Chairman of the Board.

What's Joseph Daches's mailing address?

Joseph's mailing address filed with the SEC is 300 E Sonterra Blvd #1220, San Antonio, TX 78258, USA.

Insiders trading at Lilis

Over the last 13 years, insiders at Lilis have traded over $44,173,163 worth of Lilis stock and bought 323,901 units worth $856,051 . The most active insiders traders include Partners Operating, Llc One..., Fund Vertex et O'sullivan Revocable Living.... On average, Lilis executives and independent directors trade stock every 60 days with the average trade being worth of $58,283. The most recent stock trade was executed by Joseph C Daches on 14 May 2019, trading 10,000 units of LLEX stock currently worth $9,400.



What does Lilis do?

Lilis Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. Its total net acreage in the Delaware Basin is approximately 19,562 acres. The company's oil and natural gas properties are located in the Delaware Basin in Winkler, Loving, and Reeves counties, Texas; and Lea County, New Mexico. As of December 31, 2019, it had proved reserves of 12,521 million barrels of oil equivalent. The company was formerly known as Recovery Energy, Inc. and changed its name to Lilis Energy, Inc. in December 2013. Lilis Energy, Inc. was incorporated in 2007 and is headquartered in Fort Worth, Texas.



What does Lilis's logo look like?

Lilis Energy, Inc. logo

Complete history of Mr. Daches stock trades at Lilis et Lilis

Date
#
Société
Initié
Trans.
Transaction
Actions Prix par action Prix ​​total Actions après Source
14 May 2019 Joseph C Daches
PDG et Président
Acheter 10,000 $0.94 $9,400
14 May 2019
1,179,560
9 Apr 2019 Joseph C Daches
PDG et Président
Acheter 10,000 $1.25 $12,500
9 Apr 2019
1,169,560
21 Mar 2019 Joseph C Daches
PDG et Président
Acheter 10,000 $1.58 $15,800
21 Mar 2019
1,159,560
6 Nov 2018 Joseph C Daches
PDG et Président
Acheter 25,000 $3.03 $75,750
6 Nov 2018
599,234
13 Aug 2018 Joseph C Daches
PDG et Président
Acheter 30,000 $4.01 $120,300
13 Aug 2018
626,176
14 May 2019 Joseph C Daches
PDG et Président
Acheter 10,000 $0.94 $9,400
14 May 2019
1,179,560
9 Apr 2019 Joseph C Daches
PDG et Président
Acheter 10,000 $1.25 $12,500
9 Apr 2019
1,169,560
21 Mar 2019 Joseph C Daches
PDG et Président
Acheter 10,000 $1.58 $15,800
21 Mar 2019
1,159,560
6 Nov 2018 Joseph C Daches
PDG et Président
Acheter 25,000 $3.03 $75,750
6 Nov 2018
599,234
13 Aug 2018 Joseph C Daches
PDG et Président
Acheter 30,000 $4.01 $120,300
13 Aug 2018
626,176


Lilis executives and stock owners

Lilis executives and other stock owners filed with the SEC include: