Michael H. Lou
Net Worth
Last updated:
What is Michael H. Lou net worth?
The estimated net worth of Mr. Michael H. Lou is at least $46,010,625 as of 1 Oct 2020. He owns shares worth $18,488,145 as insider and has received compensation worth at least $27,522,480 in Oasis Petroleum Inc. and Oasis Midstream Partners LP.
What is the salary of Michael H. Lou?
Mr. Michael H. Lou salary is $1,800,000 per year as Chief Financial Officer & Executive Vice President in Oasis Petroleum Inc.. He also receives $290,310 as Pres & Director of OMP GP LLC in Oasis Midstream Partners LP.
How old is Michael H. Lou?
Mr. Michael H. Lou is 51 years old, born in 1974.
What stocks does Michael H. Lou currently own?
As insider, Mr. Michael H. Lou owns shares in 2 companies:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Oasis Petroleum Inc. (OAS) | Chief Financial Officer & Executive Vice President | 163,693 | $109.3 | $17,891,645 |
| Oasis Midstream Partners LP (OMP) | Pres & Director of OMP GP LLC | 25,000 | $23.86 | $596,500 |
What does Oasis Petroleum Inc. do?
As of July 1, 2022, Oasis Petroleum Inc. was acquired by Whiting Petroleum Corporation, in a reverse merger transaction. Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and natural gas resources in the United States. It engages in the acquisition and development of oil and gas properties. As of December 31, 2021, the company had 492,355 net leasehold acres in the Williston Basin. The company sells its crude oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. Oasis Petroleum Inc. was founded in 2007 and is headquartered in Houston, Texas.
What does Oasis Midstream Partners LP do?
Oasis Midstream Partners LP, together with its subsidiaries, provides crude oil, natural gas, and water-related midstream services in North America. It offers natural gas gathering, compression, processing, and gas lift supply services; crude oil gathering, stabilization, blending, and storage services; produced and flowback water gathering and disposal services; freshwater distribution services; and crude oil transportation services from the Wild Basin operating area to Johnson's Corner. OMP GP LLC serves as the general partner of the company. The company was founded in 2013 and is based in Houston, Texas. As of February 1, 2022, Oasis Midstream Partners LP operates as a subsidiary of Crestwood Equity Partners LP.
Michael H. Lou insider trading
Oasis Petroleum Inc.
Mr. Michael H. Lou has made 11 insider trades between 2011-2020, according to the Form 4 filled with the SEC. Most recently he sold 383,111 units of OAS stock on 1 Oct 2020.
The largest trade he's ever made was exercising 383,111 units of OAS stock on 1 Oct 2020. As of 1 Oct 2020 he still owns at least 163,693 units of OAS stock.
Oasis Petroleum key executives
Oasis Petroleum Inc. executives and other stock owners filed with the SEC:
- Mr. Michael H. Lou (51) Chief Financial Officer & Executive Vice President
- Mr. Nickolas J. Lorentzatos J.D. (56) Executive Vice President, Gen. Counsel & Corporation Sec.
- Mr. Taylor L. Reid (63) Pres & Chief Operating Officer