The estimated Net Worth of Michael J Minarovic is at least $510 millier dollars as of 21 August 2019. Mr. Minarovic owns over 60,000 units of QEP Resources Inc stock worth over $244,800 and over the last 8 years he sold QEP stock worth over $0. In addition, he makes $265,003 as Independent Director at QEP Resources Inc.
Michael has made over 1 trades of the QEP Resources Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 60,000 units of QEP stock worth $240,000 on 21 August 2019.
The largest trade he's ever made was buying 60,000 units of QEP Resources Inc stock on 21 August 2019 worth over $240,000. On average, Michael trades about 6,667 units every 0 days since 2017. As of 21 August 2019 he still owns at least 60,000 units of QEP Resources Inc stock.
You can see the complete history of Mr. Minarovic stock trades at the bottom of the page.
Michael J. Minarovic is Independent Director of the Company. Mr. Minarovic is the CEO and co-founder of Arena Energy, LP, an employee-owned exploration and production company. Since its start-up in 1999, the company has invested nearly $4 billion of capital in the federal waters of the Gulf of Mexico and has been the most active driller in this basin for the past five years. Mr. Minarovic is also the co-founder of White Fleet Drilling, a drilling contractor that owns and operates three large jack-up drilling rigs operating in the Gulf of Mexico and is the founder of Rosefield Pipeline, a midstream company that owns and operates over 200 miles of oil and gas pipelines in the Gulf of Mexico. Previously, Mr. Minarovic served as a petroleum engineer with Newfield Exploration Company from 1993 to 1999 and Conoco, Inc. from 1988 to 1993. Mr. Minarovic is an executive director of the United States Oil and Gas Association, is a member of the John Cooper School Board of Trustees and is an active member of the Society of Petroleum Engineers. Mr. Minarovic graduated from the University of Texas at Austin, in 1987, with a bachelor’s degree in petroleum engineering. In concluding that Mr. Minarovic is qualified to be nominated to our Board, the Board considered, among other things, his more than 30 years of oil and gas experience working in the independent, private and public sectors, including his entrepreneurial, executive and operational expertise, as well as his background in negotiating and managing acquisitions and joint ventures with large public companies.
As the Independent Director of QEP Resources Inc, the total compensation of Michael Minarovic at QEP Resources Inc is $265,003. There are 5 executives at QEP Resources Inc getting paid more, with Timothy Cutt having the highest compensation of $5,959,740.
Michael Minarovic is 55, he's been the Independent Director of QEP Resources Inc since 2017. There are 6 older and 3 younger executives at QEP Resources Inc. The oldest executive at QEP Resources Inc is Joseph Jaggers, 66, who is the Independent Director.
Michael's mailing address filed with the SEC is 1050 17TH STREET, SUITE 800, , DENVER, CO, 80265.
Over the last 14 years, insiders at QEP Resources Inc have traded over $529,169 worth of QEP Resources Inc stock and bought 405,062 units worth $2,600,202 . The most active insiders traders include Phillips S Jr Baker, Keith O Rattie et Charles B Stanley. On average, QEP Resources Inc executives and independent directors trade stock every 57 days with the average trade being worth of $143,143. The most recent stock trade was executed by David A Trice on 6 March 2020, trading 45,000 units of QEP stock currently worth $43,650.
QEP Resources Inc executives and other stock owners filed with the SEC include: