The estimated Net Worth of Spencer D Iii Armour is at least $6.06 Million dollars as of 22 April 2024. Mr. Armour owns over 21,116 units of Viper Inc stock worth over $4,474,730 and over the last 17 years he sold VNOM stock worth over $1,587,174. In addition, he makes $0 as Independent Director at Viper Inc.
Spencer has made over 32 trades of the Viper Inc stock since 2008, according to the Form 4 filled with the SEC. Most recently he exercised 21,116 units of VNOM stock worth $952,965 on 22 April 2024.
The largest trade he's ever made was exercising 113,097 units of Viper Inc stock on 16 March 2017 worth over $447,864. On average, Spencer trades about 22,602 units every 120 days since 2008. As of 22 April 2024 he still owns at least 99,152 units of Viper Inc stock.
You can see the complete history of Mr. Armour stock trades at the bottom of the page.
Spencer Davis Armour III serves as Independent Director of the Company. Mr. Armour has over 30 years of executive and entrepreneurial experience in the energy services industry. Mr. Armour currently serves as President of PT Petroleum LLC in Midland, Texas. He was the Vice President of Corporate Development for Basic Energy Services, Inc. from 2007 to 2008, which acquired Sledge Drilling Corp., a company Mr. Armour co-founded and served as Chief Executive Officer for from 2005 to 2006. From 1998 through 2005, he served as Executive Vice President of Patterson-UTI Energy, Inc., which acquired Lone Star Mud, Inc., a company Mr. Armour founded and served as President from 1986 to 1997. Mr. Armour has served as a director of ProPetro Holding Corp. since February 2013. Mr. Armour also served on the Patterson-UTI Board of Directors from 1999 through 2001. Mr. Armour received a Bachelor of Science in Economics from the University of Houston and was appointed to the University of Houston System Board of Regents in 2011 by former Texas Governor Rick Perry.
Spencer Armour is 66, he's been the Independent Director of Viper Inc since 2017. There are 2 older and 14 younger executives at Viper Inc. The oldest executive at Viper Energy Inc is Rosalind Grover, 78, who is the Independent Director.
Spencer's mailing address filed with the SEC is 500 WEST TEXAS AVENUE, SUITE 100, MIDLAND, TX, 79701.
Over the last 10 years, insiders at Viper Inc have traded over $758,208,009 worth of Viper Inc stock and bought 2,895,255 units worth $44,788,511 . The most active insiders traders include Holdings Iii L.P.Blackstone..., Energy, Inc. Diamondback, and Royalty & Mineral Master Fu.... On average, Viper Inc executives and independent directors trade stock every 29 days with the average trade being worth of $16,044,708. The most recent stock trade was executed by Royalty & Mineral Master Fu... on 16 November 2023, trading 9,018,760 units of VNOM stock currently worth $258,838,412.
Viper Inc executives and other stock owners filed with the SEC include: