Last updated: 13 May 2024 at 5:25pm EST

Ershel Redd Net Worth




The estimated Net Worth of Ershel C Jr Redd is at least $4.95 Million dollars as of 10 May 2024. Mr. Redd owns over 3,000 units of Targa Resources Corp stock worth over $4,084,433 and over the last 20 years he sold TRGP stock worth over $625,004. In addition, he makes $243,185 as Independent Director at Targa Resources Corp.

Mr. Redd TRGP stock SEC Form 4 insiders trading

Ershel has made over 4 trades of the Targa Resources Corp stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 3,000 units of TRGP stock worth $339,300 on 10 May 2024.

The largest trade he's ever made was selling 3,000 units of Targa Resources Corp stock on 10 May 2024 worth over $339,300. On average, Ershel trades about 409 units every 316 days since 2004. As of 10 May 2024 he still owns at least 28,223 units of Targa Resources Corp stock.

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





Ershel Redd biography

Ershel C. Redd Jr. serves as Independent Director of the Company. Mr. Redd has served as a consultant in the energy industry since 2008 providing advice to various energy companies and investors regarding their operations, acquisitions and dispositions. Mr. Redd was President and Chief Executive Officer of El Paso Electric Company, a public utility company, from May 2007 until March 2008. Prior to this, Mr. Redd served in various positions with NRG Energy, Inc., a wholesale energy company, including as Executive Vice President—Commercial Operations from October 2002 through July 2006, as President—Western Region from February 2004 through July 2006, and as a director between May 2003 and December 2003. Mr. Redd served as Vice President of Business Development for Xcel Energy Markets, a unit of Xcel Energy Inc., from 2000 through 2002, and as President and Chief Operating Officer for New Century Energy’s (predecessor to Xcel Energy Inc.) subsidiary, Texas Ohio Gas Company, from 1997 through 2000. Mr. Redd brings to the Company extensive energy industry experience, a vast understanding of varied aspects of the energy industry and experience in corporate performance, marketing and trading of natural gas and natural gas liquids, risk management, finance, acquisitions and divestitures, business development, regulatory relations and strategic planning. His leadership and business experience and deep knowledge of various sectors of the energy industry bring a crucial insight to the Board of Directors.

What is the salary of Ershel Redd?

As the Independent Director of Targa Resources Corp, the total compensation of Ershel Redd at Targa Resources Corp is $243,185. There are 19 executives at Targa Resources Corp getting paid more, with Joe Perkins having the highest compensation of $12,460,500.



How old is Ershel Redd?

Ershel Redd is 72, he's been the Independent Director of Targa Resources Corp since 2011. There are 1 older and 22 younger executives at Targa Resources Corp. The oldest executive at Targa Resources Corp is James Whalen, 78, who is the Director.

What's Ershel Redd's mailing address?

Ershel's mailing address filed with the SEC is 811 LOUISIANA, SUITE 2100, , HOUSTON, TX, 77002.

Insiders trading at Targa Resources Corp

Over the last 14 years, insiders at Targa Resources Corp have traded over $2,160,760,066 worth of Targa Resources Corp stock and bought 54,620 units worth $2,158,340 . The most active insiders traders include Peter Kagan, In Seon Hwang, and Pincus Private Equity Viii .... On average, Targa Resources Corp executives and independent directors trade stock every 26 days with the average trade being worth of $64,677,105. The most recent stock trade was executed by Robert Muraro on 3 September 2024, trading 2,500 units of TRGP stock currently worth $365,500.



What does Targa Resources Corp do?

targa resources is a growth-oriented provider of midstream services and is one of the largest independent midstream energy companies in north america. we own, operate, acquire, and develop a diversified portfolio of complementary midstream energy assets. targa offers a dynamic work environment where you can learn, develop and grow. we encourage employee input and active involvement towards our continuous performance improvement in all areas of our business.with people as our priority, we are committed to safety and to providing the support required to help employees achieve their goals.



What does Targa Resources Corp's logo look like?

Targa Resources Corp logo

Complete history of Mr. Redd stock trades at NRG and Targa Resources Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
10 May 2024 Ershel C Jr Redd
Sale 3,000 $113.10 $339,300
10 May 2024
28,223
11 May 2022 Ershel C Jr Redd
Sale 2,400 $71.49 $171,576
11 May 2022
27,033
10 Nov 2021 Ershel C Jr Redd
Sale 2,010 $56.78 $114,128
10 Nov 2021
26,735
16 Jun 2004 Ershel C Jr Redd
SVP and Commercial Operations
Buy 2,000 $23.08 $46,160
16 Jun 2004
9,500


Targa Resources Corp executives and stock owners

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