The estimated Net Worth of Edmund P Iii Segner is at least $15.2 million dollars as of 1 December 2017. Mr. Segner owns over 1,843 units of Laredo Petroleum stock worth over $1,425,195 and over the last 21 years he sold LPI stock worth over $13,462,972. In addition, he makes $285,000 as Lead Independent Director at Laredo Petroleum.
Edmund has made over 11 trades of the Laredo Petroleum stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 1,843 units of LPI stock worth $88,630 on 1 December 2017.
The largest trade he's ever made was exercising 122,929 units of Laredo Petroleum stock on 11 November 2004 worth over $4,290,222. On average, Edmund trades about 7,609 units every 58 days since 2003. As of 1 December 2017 he still owns at least 29,636 units of Laredo Petroleum stock.
You can see the complete history of Mr. Segner stock trades at the bottom of the page.
Edmund (Ed) P. Segner III, CPA serves as Lead Independent Director of the Company. Mr. Segner's service as President, Principal Financial Officer and director of publicly traded oil and gas exploration and development companies demonstrates a strong operational, financial, accounting and strategic background and enables him to provide our Board with valuable business, leadership and management experience and insights into many aspects of the operations of exploration and production. Mr. Segner also brings financial and accounting expertise to the Board, including through his experience in financing transactions for oil and gas companies, his background as a certified public accountant, his service as a Principal Financial Officer, his supervision of other principal financial officers and principal accounting officers and his service on the audit committees of other companies. For these reasons, among others, we believe Mr. Segner is qualified to service as a director.
As the Lead Independent Director of Laredo Petroleum, the total compensation of Edmund Segner at Laredo Petroleum is $285,000. There are 8 executives at Laredo Petroleum getting paid more, with Randy A. Foutch having the highest compensation of $8,006,900.
Edmund Segner is 66, he's been the Lead Independent Director of Laredo Petroleum since 2011. There are 3 older and 15 younger executives at Laredo Petroleum. The oldest executive at Laredo Petroleum Inc. is Myles Scoggins, 72, who is the Independent Director.
Edmund's mailing address filed with the SEC is 9807 KATY FREEWAY, SUITE 100, HOUSTON, TX, 77024.
Over the last 13 years, insiders at Laredo Petroleum have traded over $1,888,780,707 worth of Laredo Petroleum stock and bought 42,732,216 units worth $472,006,903 . The most active insiders traders include Peter Kagan, James R. Levy et Pincus Private Equity X O&G.... On average, Laredo Petroleum executives and independent directors trade stock every 34 days with the average trade being worth of $79,466,128. The most recent stock trade was executed by M. Jason Pigott on 1 February 2023, trading 3,750 units of LPI stock currently worth $207,413.
Laredo Petroleum, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Laredo's business strategy is focused on the acquisition, exploration and development of oil and natural gas properties, primarily in the Permian Basin in West Texas.
Laredo Petroleum executives and other stock owners filed with the SEC include: