Kevin M. McDonald
Net Worth
Last updated:
What is Kevin M. McDonald net worth?
The estimated net worth of Mr. Kevin M. McDonald is at least $10,444,582 as of 2 Aug 2023. He owns shares worth $3,522,996 as insider, has earned $2,321,466 from insider trading and has received compensation worth at least $4,600,120 in NexTier Oilfield Solutions Inc..
What is the salary of Kevin M. McDonald?
Mr. Kevin M. McDonald salary is $657,160 per year as Executive Vice President, Chief Admin. Officer, Gen. Counsel & Sec. in NexTier Oilfield Solutions Inc..
How old is Kevin M. McDonald?
Mr. Kevin M. McDonald is 58 years old, born in 1967.
What stocks does Kevin M. McDonald currently own?
As insider, Mr. Kevin M. McDonald owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
NexTier Oilfield Solutions Inc. (NEX) | Executive Vice President, Chief Admin. Officer, Gen. Counsel & Sec. | 329,560 | $10.69 | $3,522,996 |
What does NexTier Oilfield Solutions Inc. do?
NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates through two segments, Completion Services, and Well Construction and Intervention Services. The Completion Services segment offers hydraulic fracturing services to enhance production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons; wireline services; and perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services. As of December 31, 2021, it had approximately 2.1 million of fracturing hydraulic horsepower, 101 wireline trucks, and 76 pumpdown units. The Well Construction and Intervention Services segment provides cementing services that incorporate custom engineered mixing and blending equipment to ensure precision and accuracy in providing annulus isolation and hydraulic seal, while protecting fresh water zones from its customers' zone of interest; and engineering software and technical guidance for remedial cementing applications, and acidizing to optimize the performance of its customers' wells. This segment also offers coiled tubing services to help customers in accomplishing various goals in their horizontal completion, workover, and well maintenance projects. As of December 31, 2021, it had approximately 17 coiled tubing units and 74 cementing units. The company serves integrated and large independent oil and natural gas exploration and production companies in the United States and internationally. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas.
Kevin M. McDonald insider trading
NexTier Oilfield Solutions Inc.
Mr. Kevin M. McDonald has made 5 insider trades between 2018-2023, according to the Form 4 filled with the SEC. Most recently he sold 100,000 units of NEX stock worth $1,170,000 on 2 Aug 2023.
The largest trade he's ever made was exercising 120,089 units of NEX stock on 4 Jan 2022. As of 2 Aug 2023 he still owns at least 329,560 units of NEX stock.
NexTier Oilfield Solutions key executives
NexTier Oilfield Solutions Inc. executives and other stock owners filed with the SEC:
- Mr. Ian R. Henkes (53) Senior Vice President of Operations
- Mr. Kenneth H. Pucheu (47) Executive Vice President & Chief Financial Officer
- Mr. Kevin M. McDonald (58) Executive Vice President, Chief Admin. Officer, Gen. Counsel & Sec.
- Mr. Robert Wayne Drummond Jr. (64) Chief Executive Officer, Pres & Director