The estimated Net Worth of Steven E West is at least $5.35 million dollars as of 10 August 2023. Mr. West owns over 8,000 units of Diamondback Inc stock worth over $859,350 and over the last 12 years he sold FANG stock worth over $4,114,022. In addition, he makes $379,749 as Independent Chairman of the Board at Diamondback Inc.
Steven has made over 8 trades of the Diamondback Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 8,000 units of FANG stock worth $1,205,200 on 10 August 2023.
The largest trade he's ever made was selling 60,000 units of Diamondback Inc stock on 25 February 2022 worth over $1,702,200. On average, Steven trades about 4,606 units every 62 days since 2012. As of 10 August 2023 he still owns at least 5,100 units of Diamondback Inc stock.
You can see the complete history of Mr. West stock trades at the bottom of the page.
Steven E. West serves as Independent Chairman of the Board of the Company. Mr. West has served as a director of the Company since December 2011 and Chairman of the Board since October 2012. Mr. West served as our Chief Executive Officer from January 2009 to December 2011. From January 2011 until December 2016, Mr. West was a partner at Wexford Capital LP, or Wexford Capital, focusing on Wexford Capital’s private equity energy investments. From August 2006 until December 2010, Mr. West served as senior portfolio advisor at Wexford Capital. From August 2003 until August 2006, Mr. West was the Chief Financial Officer of Sunterra Corporation, a former Wexford Capital portfolio company. From December 1993 until July 2003, Mr. West held senior financial positions at Coast Asset Management and IndyMac Bank. Prior to that, Mr. West worked at First Nationwide Bank, Lehman Brothers and Peat Marwick Mitchell & Co., the predecessor of KPMG LLP. Since February 2014, Mr. West has also served as a director and Executive Chairman of the general partner of Viper Energy Partners LP, our publicly traded subsidiary, which we refer to as Viper. Mr. West holds a Bachelor of Science degree in Accounting from California State University, Chico. In particular, we believe Mr. West’s strengths in the following core competencies provide value to our board of directors: Corporate Governance; Finance/Capital Markets; Financial Reporting/Accounting Experience; Industry Background; Executive Experience; Executive Compensation; and Risk Management.
As the Independent Chairman of the Board of Diamondback Inc, the total compensation of Steven West at Diamondback Inc is $379,749. There are 11 executives at Diamondback Inc getting paid more, with Kaes Van't Hof having the highest compensation of $31,063,500.
Steven West is 59, he's been the Independent Chairman of the Board of Diamondback Inc since 2012. There are 8 older and 13 younger executives at Diamondback Inc. The oldest executive at Diamondback Energy Inc is Michael Cross, 68, who is the Independent Director.
Steven's mailing address filed with the SEC is 500 WEST TEXAS AVENUE, SUITE 100, MIDLAND, TX, 79701.
Over the last 12 years, insiders at Diamondback Inc have traded over $1,446,737,182 worth of Diamondback Inc stock and bought 3,475,747 units worth $62,009,530 . The most active insiders traders include Capital Lpdavidson Charles ..., Energy Holdings Llc Db et Energy Corp Gulfport. On average, Diamondback Inc executives and independent directors trade stock every 13 days with the average trade being worth of $15,624,331. The most recent stock trade was executed by Teresa L. Dick on 9 August 2024, trading 5,000 units of FANG stock currently worth $1,000,000.
diamondback energy is an independent oil and natural gas company headquartered in midland, tx. diamondback’s growth strategy is focused on the acquisition, development, exploration and exploitation of unconventional, long-life, onshore oil and natural gas reserves in the major oil producing permian basin in west texas. the company’s operations are directed primarily at the large acreage areas of the clearfork, spraberry, wolfcamp, cline, strawn and atoka formations, collectively known as the wolfberry trend.
Diamondback Inc executives and other stock owners filed with the SEC include: