Last updated: 1 September 2023 at 4:30pm EST

Mel Riggs Net Worth




The estimated Net Worth of Mel G Riggs is at least $1.6 Million dollars as of 3 June 2020. Mr. Riggs owns over 52,090 units of NexTier Oilfield Solutions Inc stock worth over $1,576,943 and over the last 15 years he sold NEX stock worth over $0. In addition, he makes $22,283 as Independent Director at NexTier Oilfield Solutions Inc.

Mr. Riggs NEX stock SEC Form 4 insiders trading

Mel has made over 1 trades of the NexTier Oilfield Solutions Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he exercised 52,090 units of NEX stock worth $552,675 on 3 June 2020.

The largest trade he's ever made was exercising 52,090 units of NexTier Oilfield Solutions Inc stock on 3 June 2020 worth over $552,675. On average, Mel trades about 1,860 units every 0 days since 2010. As of 3 June 2020 he still owns at least 148,628 units of NexTier Oilfield Solutions Inc stock.

You can see the complete history of Mr. Riggs stock trades at the bottom of the page.





Mel Riggs biography

Mel G. Riggs CPA serves as Independent Director of the Company. Mr. Riggs has served as a member of NexTier’s board of directors since October 2019. Mr. Riggs has served in senior-level positions of Clayton Williams and its related companies for 28 years, including his current position as Vice President and Director since May 2017. Clayton Williams Companies is a group of privately held companies involved in oil and natural gas activities, real estate, and agricultural operations. From March 2015 to April 2017, Mr. Riggs served as President of Clayton Williams Energy, Inc. (“CWEI”), a public exploration and production company that develops and produces oil and natural gas. From December 2010 until Mach 2015, Mr. Riggs served as Executive Vice President and Chief Operating Officer of CWEI. From 1991 to December 2010, Mr. Riggs served as Senior Vice President—Finance, Secretary, Treasurer, and Chief Financial Officer of CWEI. Mr. Riggs currently serves as a Director at TransAtlantic Petroleum Ltd. since July 2009 and as a Director and the Chairman of the Board of Royale Energy, Inc. since July 2018. He previously served as a Director of CWEI from May 1994 until April 2017. Mr. Riggs is a Certified Public Accountant.

What is the salary of Mel Riggs?

As the Independent Director of NexTier Oilfield Solutions Inc, the total compensation of Mel Riggs at NexTier Oilfield Solutions Inc is $22,283. There are 14 executives at NexTier Oilfield Solutions Inc getting paid more, with James Stewart having the highest compensation of $7,573,190.



How old is Mel Riggs?

Mel Riggs is 65, he's been the Independent Director of NexTier Oilfield Solutions Inc since 2019. There are 3 older and 22 younger executives at NexTier Oilfield Solutions Inc. The oldest executive at NexTier Oilfield Solutions Inc is Patrick Murray, 77, who is the Independent Chairman of the Board.

What's Mel Riggs's mailing address?

Mel's mailing address filed with the SEC is 3990 ROGERDALE ROAD, , HOUSTON, TX, 77042.

Insiders trading at NexTier Oilfield Solutions Inc

Over the last 5 years, insiders at NexTier Oilfield Solutions Inc have traded over $146,131,486 worth of NexTier Oilfield Solutions Inc stock. The most active insiders traders include Investor Holdings Llc Keane, Robert Wayne Jr Drummond, and Frac Holdings, Llc Alamo. On average, NexTier Oilfield Solutions Inc executives and independent directors trade stock every 19 days with the average trade being worth of $3,063,722. The most recent stock trade was executed by Matthew Gillard on 16 August 2023, trading 33,000 units of NEX stock currently worth $350,130.



What does NexTier Oilfield Solutions Inc do?

c&j energy services is a leading provider of well construction, well completions and well services to the oil and gas industry.



What does NexTier Oilfield Solutions Inc's logo look like?

NexTier Oilfield Solutions Inc logo

Complete history of Mr. Riggs stock trades at TransAtlantic Petroleum Ltd and NexTier Oilfield Solutions Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
3 Jun 2020 Mel G Riggs
Director
Option 52,090 $0.23 $11,981
3 Jun 2020
148,628


NexTier Oilfield Solutions Inc executives and stock owners

NexTier Oilfield Solutions Inc executives and other stock owners filed with the SEC include: