The estimated Net Worth of Steven L Newman is at least $909 Thousand dollars as of 9 May 2019. Mr. Newman owns over 2,156 units of Dril-Quip stock worth over $297,367 and over the last 16 years he sold DRQ stock worth over $372,572. In addition, he makes $239,302 as Independent Director at Dril-Quip.
Steven has made over 9 trades of the Dril-Quip stock since 2009, according to the Form 4 filled with the SEC. Most recently he bought 2,156 units of DRQ stock worth $49,955 on 9 May 2019.
The largest trade he's ever made was exercising 33,437 units of Dril-Quip stock on 1 March 2014 worth over $515,264. On average, Steven trades about 1,442 units every 50 days since 2009. As of 9 May 2019 he still owns at least 19,297 units of Dril-Quip stock.
You can see the complete history of Mr. Newman stock trades at the bottom of the page.
Steven L. Newman serves as Independent Director of the Company. He has been a Class III director since August 2015. Previously, he was President and Chief Executive Officer and a member of the Board of Directors of Transocean Ltd., a global offshore drilling company, from March 2010 until February 2015. From 1994 to 2010, Mr. Newman was employed by Transocean in various management and operational positions. Mr. Newman is a director, chairman of the compensation committee and a member of the audit committee of Tidewater Inc., a leading provider of offshore service vessels to the global energy industry, a director and a member of the human resources committee and the safety, workplace and project risk committee of SNC-Lavalin Group Inc., a worldwide engineering and construction company based in Montreal that also provides operations and maintenance services and invests in infrastructure projects, and a director, chairman of the compensation committee and chairman of the finance and audit committee of Rubicon Oilfield International Holdings GP, Ltd., a Houston-based company engaged in the manufacture and sale of drilling and completion tools for the worldwide oil and gas industry. Mr. Newman is a former director of Bumi Armada Bhd, a Malaysian-based company that provides offshore production and support vessels to the oil and gas industry worldwide. Mr. Newman holds a Bachelor of Science degree in petroleum engineering from the Colorado School of Mines and an MBA from the Harvard University Graduate School of Business.
As the Independent Director of Dril-Quip, the total compensation of Steven Newman at Dril-Quip is $239,302. There are 9 executives at Dril-Quip getting paid more, with Blake DeBerry having the highest compensation of $4,388,510.
Steven Newman is 55, he's been the Independent Director of Dril-Quip since 2015. There are 4 older and 7 younger executives at Dril-Quip. The oldest executive at Dril-Quip, Inc. is Alexander Shukis, 75, who is the Independent Director.
Steven'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: