The estimated Net Worth of Robert Frenzel is at least $24.5 million dollars as of 20 February 2024. Mr. Frenzel owns over 19,965 units of Xcel stock worth over $20,295,808 and over the last 9 years he sold XEL stock worth over $1,056,800. In addition, he makes $3,103,980 as President et Chief Operating Officer at Xcel.
Robert has made over 12 trades of the Xcel stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 19,965 units of XEL stock worth $1,274,765 on 20 February 2024.
The largest trade he's ever made was exercising 19,965 units of Xcel stock on 20 February 2024 worth over $1,274,765. On average, Robert trades about 1,742 units every 35 days since 2016. As of 20 February 2024 he still owns at least 317,867 units of Xcel stock.
You can see the complete history of Mr. Frenzel stock trades at the bottom of the page.
Robert C. Frenzel serves as President, Chief Operating Officer of the Company. Previously, Senior Vice President and Chief Financial Officer, Luminant, a subsidiary of Energy Future Holdings Corp., an electric utility and power generation company, February 2012 to April 2016; Senior Vice President for Corporate Development, Strategy and Mergers and Acquisitions, Energy Future Holdings Corp., February 2009 to February 2012. In April 2014, Energy Future Holdings Corp., the majority of its subsidiaries, including Texas Competitive Energy Holdings (TCEH) the parent company of Luminant, filed a voluntary bankruptcy petition under Chapter 11 of the United States Bankruptcy Code. TCEH emerged from Chapter 11 in October 2016.
As the President et Chief Operating Officer of Xcel, the total compensation of Robert Frenzel at Xcel is $3,103,980. There are 1 executives at Xcel getting paid more, with Benjamin Fowke having the highest compensation of $16,898,800.
Robert Frenzel is 49, he's been the President et Chief Operating Officer of Xcel since 2020. There are 27 older and 6 younger executives at Xcel. The oldest executive at Xcel Energy Inc. is David Owens, 71, who is the Independent Director.
Robert's mailing address filed with the SEC is Nicollet Mall, Minneapolis, Hennepin County, Minnesota, 55401, United States.
Over the last 21 years, insiders at Xcel have traded over $78,119,088 worth of Xcel stock and bought 57,677 units worth $1,733,202 . The most active insiders traders include Richard K Davis, Richard H Anderson et Allan L Schuman. On average, Xcel executives and independent directors trade stock every 46 days with the average trade being worth of $735,488. The most recent stock trade was executed by Frank P Prager on 16 August 2024, trading 2,041 units of XEL stock currently worth $121,440.
Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
Xcel executives and other stock owners filed with the SEC include: