The estimated Net Worth of James R. Levy is at least $1.71 Billion dollars as of 20 November 2020. Mr. Levy owns over 1,535,015 units of Laredo Petroleum stock worth over $816,761 and over the last 12 years he sold LPI stock worth over $1,704,808,010. In addition, he makes $250,000 as Independent Director at Laredo Petroleum.
James has made over 15 trades of the Laredo Petroleum stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 537,737 units of LPI stock worth $6,468,976 on 25 November 2020.
The largest trade he's ever made was selling 16,094,190 units of Laredo Petroleum stock on 10 June 2019 worth over $99,301,152. On average, James trades about 897,053 units every 26 days since 2012. As of 20 November 2020 he still owns at least 16,984 units of Laredo Petroleum stock.
You can see the complete history of Mr. Levy stock trades at the bottom of the page.
James R. Levy serves as Independent Director of the Company. Mr. Levy has significant experience with various segments of the energy industry. As a result of Mr. Levy's service on the boards of various energy companies, he is able to share best practices not only in the industry, but also in all areas of corporate governance and management. In addition, as our youngest director, he is able to provide a generational point of view at times different than others on our Board. Finally, Mr. Levy's relationship with Warburg Pincus provides us with access to other programs and viewpoints, such as those related to the ESG area. For these reasons, among others, we believe Mr. Levy is qualified to serve as a director.
As the Independent Director of Laredo Petroleum, the total compensation of James Levy at Laredo Petroleum is $250,000. There are 12 executives at Laredo Petroleum getting paid more, with Randy A. Foutch having the highest compensation of $8,006,900.
James Levy is 44, he's been the Independent Director of Laredo Petroleum since 2007. There are 16 older and 2 younger executives at Laredo Petroleum. The oldest executive at Laredo Petroleum Inc. is Myles Scoggins, 72, who is the Independent Director.
James's mailing address filed with the SEC is 5914 W. COURTYARD DRIVE SUITE 200, , AUSTIN, TX, 78730.
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, and 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: