Last updated: 3 September 2024 at 7:15pm EST

Timothy Cutt Net Worth




The estimated Net Worth of Timothy J. Cutt is at least $7.04 Million dollars as of 28 February 2020. Mr. Cutt owns over 23,364 units of QEP Resources Inc stock worth over $1,028,735 and over the last 8 years he sold QEP stock worth over $48,520. In addition, he makes $5,959,740 as President, Chief Executive Officer, and Director at QEP Resources Inc.

Mr. Cutt QEP stock SEC Form 4 insiders trading

Timothy has made over 4 trades of the QEP Resources Inc stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 23,364 units of QEP stock worth $51,167 on 28 February 2020.

The largest trade he's ever made was buying 100,000 units of QEP Resources Inc stock on 16 August 2016 worth over $100,000. On average, Timothy trades about 6,119 units every 50 days since 2016. As of 28 February 2020 he still owns at least 252,141 units of QEP Resources Inc stock.

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





Timothy Cutt biography

Timothy J. Cutt serves as President, Chief Executive Officer, Director of the Company. Mr. Cutt was the Chief Executive Officer of Cobalt International Energy, a development-stage petroleum exploration and production company (2016 to 2018). Cobalt International voluntarily filed a petition for relief under Chapter 11 of the United States Bankruptcy Code on December 14, 2017, and a plan to sell all the assets of the company was approved on April 10, 2018. Prior to joining Cobalt International, Mr. Cutt served as President of the Petroleum Division of BHP Billiton, a global natural resources company (2013 to 2016), and prior to that he also served as President of Production for BHP Billiton's Petroleum Division (2007 to 2011). Prior to joining BHP Billiton, Mr. Cutt served in various roles at ExxonMobil in the prior 25 years, including President of ExxonMobil de Venezuela (2005 to 2007), President ExxonMobil Canada Energy (2004 to 2005), President Hibernia Management & Development Company (2001 to 2004) and Regional Coordinator, North America. He also served as a Board member of the American Petroleum Institute from 2013 to 2018. In concluding that Mr. Cutt is qualified to serve as a director, the Board considered, among other things, his 35 years of experience in the oil and gas industry.

What is the salary of Timothy Cutt?

As the President, Chief Executive Officer, and Director of QEP Resources Inc, the total compensation of Timothy Cutt at QEP Resources Inc is $5,959,740. There are no executives at QEP Resources Inc getting paid more.



How old is Timothy Cutt?

Timothy Cutt is 59, he's been the President, Chief Executive Officer, and Director of QEP Resources Inc since 2019. There are 4 older and 4 younger executives at QEP Resources Inc. The oldest executive at QEP Resources Inc is Joseph Jaggers, 66, who is the Independent Director.

What's Timothy Cutt's mailing address?

Timothy's mailing address filed with the SEC is 713 MARKET DRIVE, , OKLAHOMA CITY, OK, 73114.

Insiders trading at QEP Resources Inc

Over the last 14 years, insiders at QEP Resources Inc have traded over $529,169 worth of QEP Resources Inc stock and bought 405,062 units worth $2,600,202 . The most active insiders traders include Phillips S Jr Baker, Keith O Rattie, and Charles B Stanley. On average, QEP Resources Inc executives and independent directors trade stock every 57 days with the average trade being worth of $143,143. The most recent stock trade was executed by David A Trice on 6 March 2020, trading 45,000 units of QEP stock currently worth $43,650.



What does QEP Resources Inc do?



What does QEP Resources Inc's logo look like?

QEP Resources Inc logo

Complete history of Mr. Cutt stock trades at Gulfport and QEP Resources Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
28 Feb 2020 Timothy J. Cutt
President and CEO
Buy 23,364 $2.19 $51,167
28 Feb 2020
252,141
9 Aug 2019 Timothy J. Cutt
President and CEO
Buy 15,000 $4.04 $60,600
9 Aug 2019
228,777


QEP Resources Inc executives and stock owners

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