Robert Wayne Drummond Jr.
Net Worth

Last updated:

What is Robert Wayne Drummond Jr. net worth?

The estimated net worth of Mr. Robert Wayne Drummond Jr. is at least $29,809,014 as of 8 Aug 2023. He owns shares worth $13,931,764 as insider, has earned $5,517,250 from insider trading and has received compensation worth at least $10,360,000 in NexTier Oilfield Solutions Inc..

What is the salary of Robert Wayne Drummond Jr.?

Mr. Robert Wayne Drummond Jr. salary is $1,480,000 per year as Chief Executive Officer, Pres & Director in NexTier Oilfield Solutions Inc..

How old is Robert Wayne Drummond Jr.?

Mr. Robert Wayne Drummond Jr. is 64 years old, born in 1961.

What stocks does Robert Wayne Drummond Jr. currently own?

As insider, Mr. Robert Wayne Drummond Jr. owns shares in one company:

Company Title Shares Price per share Total value
NexTier Oilfield Solutions Inc. (NEX) Chief Executive Officer, Pres & Director 1,303,252 $10.69 $13,931,764

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.

NEX logo
NEX
NexTier Oilfield Solutions Inc.
$10.69

Robert Wayne Drummond Jr. insider trading

NexTier Oilfield Solutions Inc.

Mr. Robert Wayne Drummond Jr. has made 4 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 $1,151,000 on 8 Aug 2023.

The largest trade he's ever made was exercising 487,815 units of NEX stock on 4 Jan 2022. As of 8 Aug 2023 he still owns at least 1,303,252 units of NEX stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 100,000 $11.51 $1,151,000
Sale
Common Stock 125,000 $11.56 $1,445,000
Sale
Common Stock 125,000 $11.71 $1,463,750
Sale
Common Stock 125,000 $11.66 $1,457,500
Option
Restricted Stock Units 329,941 N/A N/A
Option
Common Stock 329,941 N/A N/A
Option
Restricted Stock Units 207,603 N/A N/A
Option
Common Stock 207,603 N/A N/A
Option
Restricted Stock Units 147,876 N/A N/A
Option
Common Stock 147,876 N/A N/A
Option
Restricted Stock Units 80,597 N/A N/A
Option
Common Stock 80,597 N/A N/A
Option
Restricted Stock Units 487,815 N/A N/A
Option
Common Stock 339,939 N/A N/A
Option
Common Stock 147,876 N/A N/A
Option
Restricted Stock Units 80,597 N/A N/A
Option
Common Stock 80,597 N/A N/A
Option
Common Stock 152,357 N/A N/A
Option
Restricted Stock Units 152,357 N/A N/A
Option
Common Stock 214,684 N/A N/A
Option
Common Stock 214,684 N/A N/A
Option
Restricted Stock Units 214,684 N/A N/A
Option
Restricted Stock Units 214,684 N/A N/A
Option
Restricted Stock Units 42,937 N/A N/A
Option
Common Stock 42,937 N/A N/A
Option
Common Stock 80,597 N/A N/A
Option
Restricted Stock Units 80,597 N/A N/A
Option
Common Stock 53,671 N/A N/A
Option
Restricted Stock Units 53,671 N/A N/A
Option
Common Stock 42,937 N/A N/A
Option
Restricted Stock Units 42,937 N/A N/A
Option
Restricted Stock Units 53,671 N/A N/A
Option
Common Stock 53,671 N/A N/A

NexTier Oilfield Solutions key executives

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