Last updated: 21 May 2024 at 9:09pm EST

Robert Drummond Net Worth




The estimated Net Worth of Robert Wayne Jr Drummond is at least $37.6 Million dollars as of 20 May 2024. Mr. Drummond owns over 150,000 units of NexTier Oilfield Solutions Inc stock worth over $21,303,766 and over the last 9 years he sold NEX stock worth over $10,224,772. In addition, he makes $6,030,780 as Chief Executive Officer and Director at NexTier Oilfield Solutions Inc.

Mr. Drummond NEX stock SEC Form 4 insiders trading

Robert has made over 17 trades of the NexTier Oilfield Solutions Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 150,000 units of NEX stock worth $1,732,500 on 20 May 2024.

The largest trade he's ever made was exercising 3,561,951 units of NexTier Oilfield Solutions Inc stock on 28 September 2023 worth over $37,792,300. On average, Robert trades about 139,092 units every 35 days since 2015. As of 20 May 2024 he still owns at least 2,007,895 units of NexTier Oilfield Solutions Inc stock.

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





Robert Drummond biography

Robert W. Drummond serves as Chief Executive Officer, Director of the Company. Mr. Drummond has served since March 2016 as Chief Executive Officer of Key Energy Services, Inc. (“Key Energy”). He started with Key Energy as President & Chief Operating Officer in June 2015 and was appointed to the Board of Directors of Key Energy in November 2015. Previously, Mr. Drummond served for more than 30 years at Schlumberger Limited in various executive positions, including President of North America, Vice President of General Manager U.S. Land, Vice President of Global Sales, Vice President General Manager U.S. Gulf of Mexico, and President North American Offshore and Alaska. Mr. Drummond has been a Supervisory Director at Frank’s International N.V. since May 2017 and also sits on the board of directors of the Petroleum Equipment Suppliers Association. Previously, he served on the board of directors of the National Ocean Industries Association, Houston Offshore Energy Center, Greater Houston Partnership, and as Advisory Board Member of the University of Houston Global Energy Management Institute.

What is the salary of Robert Drummond?

As the Chief Executive Officer and Director of NexTier Oilfield Solutions Inc, the total compensation of Robert Drummond at NexTier Oilfield Solutions Inc is $6,030,780. There are 2 executives at NexTier Oilfield Solutions Inc getting paid more, with James Stewart having the highest compensation of $7,573,190.



How old is Robert Drummond?

Robert Drummond is 59, he's been the Chief Executive Officer and Director of NexTier Oilfield Solutions Inc since 2018. There are 9 older and 15 younger executives at NexTier Oilfield Solutions Inc. The oldest executive at NexTier Oilfield Solutions Inc is Patrick Murray, 77, who is the Independent Chairman of the Board.

What's Robert Drummond's mailing address?

Robert's mailing address filed with the SEC is 10713 W SAM HOUSTON PKWY N, SUITE 800, HOUSTON, TX, 77064.

Insiders trading at NexTier Oilfield Solutions Inc

Over the last 5 years, insiders at NexTier Oilfield Solutions Inc have traded over $146,131,486 worth of NexTier Oilfield Solutions Inc stock. The most active insiders traders include Investor Holdings Llc Keane, Robert Wayne Jr Drummond, and Frac Holdings, Llc Alamo. On average, NexTier Oilfield Solutions Inc executives and independent directors trade stock every 19 days with the average trade being worth of $3,063,722. The most recent stock trade was executed by Matthew Gillard on 16 August 2023, trading 33,000 units of NEX stock currently worth $350,130.



What does NexTier Oilfield Solutions Inc do?

c&j energy services is a leading provider of well construction, well completions and well services to the oil and gas industry.



What does NexTier Oilfield Solutions Inc's logo look like?

NexTier Oilfield Solutions Inc logo

Complete history of Mr. Drummond stock trades at Patterson-UTI Inc, Fiserv, and NexTier Oilfield Solutions Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
20 May 2024 Robert Wayne Jr Drummond
Director
Sale 150,000 $11.55 $1,732,500
20 May 2024
2,007,895
29 Feb 2024 Robert Wayne Jr Drummond
Director
Sale 253,260 $11.74 $2,973,272
29 Feb 2024
2,407,895
28 Sep 2023 Robert Wayne Jr Drummond
Director
Option 3,561,951 $14.56 $51,862,007
28 Sep 2023
3,155,137
7 Aug 2023 Robert Wayne Jr Drummond
President and CEO
Sale 225,000 $11.54 $2,596,500
7 Aug 2023
1,303,252
2 Aug 2023 Robert Wayne Jr Drummond
President and CEO
Sale 250,000 $11.69 $2,922,500
2 Aug 2023
1,528,252
4 Jan 2023 Robert Wayne Jr Drummond
President and CEO
Option 329,941 $8.45 $2,788,001
4 Jan 2023
1,702,355
3 Jan 2023 Robert Wayne Jr Drummond
President and CEO
Option 207,603 $8.49 $1,762,549
3 Jan 2023
1,460,316
2 Jan 2023 Robert Wayne Jr Drummond
President and CEO
Option 147,876 $9.24 $1,366,374
2 Jan 2023
1,316,219
27 Feb 2022 Robert Wayne Jr Drummond
President and CEO
Option 80,597 $7.19 $579,492
27 Feb 2022
1,202,476
2 Jan 2022 Robert Wayne Jr Drummond
President and CEO
Option 487,815 $3.55 $1,731,743
2 Jan 2022
963,497
27 Feb 2021 Robert Wayne Jr Drummond
President and CEO
Option 80,597 $4.65 $374,776
27 Feb 2021
571,667
31 Dec 2020 Robert Wayne Jr Drummond
President and CEO
Option 367,041 $3.44 $1,262,621
31 Dec 2020
530,128
6 Aug 2020 Robert Wayne Jr Drummond
President and CEO
Option 42,937 $2.76 $118,506
6 Aug 2020
264,462
27 Feb 2020 Robert Wayne Jr Drummond
President and CEO
Option 80,597 $4.67 $376,388
27 Feb 2020
241,106
31 Dec 2019 Robert Wayne Jr Drummond
President and CEO
Option 53,671 $6.70 $359,596
31 Dec 2019
181,629
1 May 2021 Robert Wayne Jr Drummond
Director
Option 54,914 $3.25 $178,471
1 May 2021
117,495
1 May 2020 Robert Wayne Jr Drummond
Director
Option 24,430 $2.26 $55,212
1 May 2020
62,581


NexTier Oilfield Solutions Inc executives and stock owners

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