Last updated: 26 February 2024 at 6:09pm EST

Michael Preston Net Worth




The estimated Net Worth of Michael L. Preston is at least $12.5 Million dollars as of 25 January 2024. Mr. Preston owns over 83,124 units of California Resources stock worth over $9,714,170 and over the last 10 years he sold CRC stock worth over $0. In addition, he makes $2,792,240 as Executive Vice President, Chief Administrative Officer, and General Counsel at California Resources.

Mr. Preston CRC stock SEC Form 4 insiders trading

Michael has made over 7 trades of the California Resources stock since 2014, according to the Form 4 filled with the SEC. Most recently he exercised 83,124 units of CRC stock worth $4,023,202 on 25 January 2024.

The largest trade he's ever made was exercising 83,124 units of California Resources stock on 25 January 2024 worth over $4,023,202. On average, Michael trades about 3,599 units every 98 days since 2014. As of 25 January 2024 he still owns at least 200,706 units of California Resources stock.

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





Michael Preston biography

Michael L. Preston serves as Executive Vice President, Chief Administrative Officer, General Counsel of the Company. he served as Vice President and General Counsel 2001 to 2014 of Occidental Oil and Gas.

What is the salary of Michael Preston?

As the Executive Vice President, Chief Administrative Officer, and General Counsel of California Resources, the total compensation of Michael Preston at California Resources is $2,792,240. There are 4 executives at California Resources getting paid more, with Todd Stevens having the highest compensation of $10,497,100.



How old is Michael Preston?

Michael Preston is 55, he's been the Executive Vice President, Chief Administrative Officer, and General Counsel of California Resources since 2019. There are 9 older and 11 younger executives at California Resources. The oldest executive at California Resources Corporation is James M. Lienert, 68, who is the Interim Exec. VP.

What's Michael Preston's mailing address?

Michael's mailing address filed with the SEC is 1 WORLD TRADE CENTER, SUITE 1500, , LONG BEACH, CA, 90831.

Insiders trading at California Resources

Over the last 10 years, insiders at California Resources have traded over $965,514,673 worth of California Resources stock and bought 832,210 units worth $16,325,237 . The most active insiders traders include Asset Management Lp Golden ..., Ronald L Jr Havner, and Management Llcaf V Energy I.... On average, California Resources executives and independent directors trade stock every 15 days with the average trade being worth of $5,671,173. The most recent stock trade was executed by Francisco Leon on 5 September 2024, trading 7,500 units of CRC stock currently worth $368,850.



What does California Resources do?

california resources corporation (nyse: crc) is a publicly traded oil and natural gas exploration and production company and the largest oil and natural gas producer in california on a gross-operated basis. we operate our world-class resource base exclusively within the state of california, and use integrated infrastructure to gather, process and market our production. using advanced technology, crc’s workforce of more than 5,000 employees and contractors focuses on safely and responsibly supplying affordable energy for california by californians. crc provides “energy for california by californians.” california homes, farms, businesses and communities need ample, affordable and reliable energy, and crc’s dedicated workforce of more than 5,000 california employees and contractors develop dependable local crude oil and natural gas reserves that help to reduce our state’s chronic dependence on imported energy. investing in california crc is also an economic engine for california. in



What does California Resources's logo look like?

California Resources Corporation logo

Complete history of Mr. Preston stock trades at California Resources

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
25 Jan 2024 Michael L. Preston
EVP, Chf Strategy Officer, and GC
Option 83,124 $51.53 $4,283,380
25 Jan 2024
200,706
20 Feb 2020 Michael L. Preston
EVP, Chf Strategy Officer, and GC
Option 7,633 $6.50 $49,615
20 Feb 2020
64,294
18 Feb 2020 Michael L. Preston
EVP, Chf Strategy Officer, and GC
Option 6,603 $6.20 $40,939
18 Feb 2020
59,962
8 Aug 2019 Michael L. Preston
EVP, Chf Strategy Officer, and GC
Buy 2,443 $10.19 $24,894
8 Aug 2019
57,320
14 Aug 2015 Michael L. Preston
EVP, Chf Strategy Officer, and GC
Buy 1,020 $3.97 $4,049
14 Aug 2015
93,319
10 Jul 2015 Michael L. Preston
EVP, Chf Strategy Officer, and GC
Option 9,549 $52.60 $502,277
10 Jul 2015
34,582
4 Dec 2014 Michael L. Preston
EVP, Chf Strategy Officer, and GC
Buy 12,000 $6.41 $76,920
4 Dec 2014
19,996


California Resources executives and stock owners

California Resources executives and other stock owners filed with the SEC include: