The estimated Net Worth of John Lovoi is at least $13.3 Million dollars as of 30 January 2024. Mr. Lovoi owns over 500,000 units of Dril-Quip stock worth over $3,206,482 and over the last 18 years he sold DRQ stock worth over $9,761,544. In addition, he makes $336,130 as Independent Chairman of the Board at Dril-Quip.
John has made over 37 trades of the Dril-Quip stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 500,000 units of DRQ stock worth $2,410,000 on 30 January 2024.
The largest trade he's ever made was selling 500,000 units of Dril-Quip stock on 30 January 2024 worth over $2,410,000. On average, John trades about 12,392 units every 26 days since 2006. As of 30 January 2024 he still owns at least 208,078 units of Dril-Quip stock.
You can see the complete history of Mr. Lovoi stock trades at the bottom of the page.
John V. Lovoi serves as Independent Chairman of the Board of the Company. He has been a Class II director since May 2005 and Chairman of the Board since October 2011. He is also chairman of the Nominating and Governance Committee and a member of the Compensation Committee and the Audit Committee of the Board of Directors. He is the Managing Partner of JVL Advisors LLC, a private energy investment company established in 2002. From January 2000 to August 2002, Mr. Lovoi was a Managing Director at Morgan Stanley Incorporated, and during this period served as head of the firm’s Global Oil and Gas Research practice and then as head of the firm’s Global Oil and Gas Investment Banking practice. From 1995 to 2000, he was a leading oilfield services and equipment research analyst for Morgan Stanley. Prior to joining Morgan Stanley, he spent two years as a senior financial executive at Baker Hughes and four years as an energy investment banker with Credit Suisse First Boston. Mr. Lovoi is a director of Helix Energy Solutions Group, an energy services company, Chairman of the Board of Directors of Epsilon Energy LTD., an oil and gas company based in Canada, a director of Jones Energy, Inc., a public oil and gas company, and a director of Roan Resources LLC, a private oil and gas company based in Oklahoma City, Oklahoma. Mr. Lovoi holds a Bachelor of Science degree in chemical engineering from Texas A&M University and an MBA degree from the University of Texas at Austin.
As the Independent Chairman of the Board of Dril-Quip, the total compensation of John Lovoi at Dril-Quip is $336,130. There are 6 executives at Dril-Quip getting paid more, with Blake DeBerry having the highest compensation of $4,388,510.
John Lovoi is 59, he's been the Independent Chairman of the Board of Dril-Quip since 2011. There are 3 older and 8 younger executives at Dril-Quip. The oldest executive at Dril-Quip, Inc. is Alexander Shukis, 75, who is the Independent Director.
John's mailing address filed with the SEC is 2050 W SAM HOUSTON PKWY S, SUITE 1100, HOUSTON, TX, 77042.
Over the last 21 years, insiders at Dril-Quip have traded over $548,516,695 worth of Dril-Quip stock. The most active insiders traders include J Mike Walker, Larry E Reimert, and Gary D Four Smiths Co Ltd S.... On average, Dril-Quip executives and independent directors trade stock every 16 days with the average trade being worth of $427,751. The most recent stock trade was executed by James C. Webster on 12 August 2024, trading 6,000 units of DRQ stock currently worth $88,020.
dril-quip, inc. is one of the world's leading manufacturers of precision-engineered offshore drilling and production equipment that is well suited for use in deepwater, harsh environments and severe service applications. the company designs and manufactures subsea, surface and offshore rig equipment for use by oil and gas companies in offshore areas throughout the world. dril-quip also provides installation and reconditioning services, as well as rental running tools for use with its products.
Dril-Quip executives and other stock owners filed with the SEC include: