The estimated Net Worth of Tracy W Krohn is at least $6.57 Million dollars as of 5 June 2024. Mr. Krohn owns over 106,666 units of W & T Offshore Inc stock worth over $1,228,490 and over the last 20 years he sold WTI stock worth over $0. In addition, he makes $5,341,860 as Chairman of the Board, President, and Chief Executive Officer at W & T Offshore Inc.
Tracy has made over 35 trades of the W & T Offshore Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 106,666 units of WTI stock worth $210,132 on 5 June 2024.
The largest trade he's ever made was buying 1,180,888 units of W & T Offshore Inc stock on 7 December 2016 worth over $2,290,923. On average, Tracy trades about 144,399 units every 68 days since 2005. As of 5 June 2024 he still owns at least 623,599 units of W & T Offshore Inc stock.
You can see the complete history of Mr. Krohn stock trades at the bottom of the page.
Tracy W. Krohn serves as Chairman of the Board, President, Chief Executive Officer of the Company. He has served as Chief Executive Officer since he founded the Company in 1983, as President from 1983 until 2008 and again starting in March 2017, as Chairman of the Board since 2004 and as Treasurer from 1997 until 2006. Mr. Krohn has been actively involved in the oil and gas business since graduating with a B.S. in Petroleum Engineering from Louisiana State University in 1978. He began his career as a petroleum engineer and offshore drilling supervisor with Mobil Oil Corporation. Prior to founding the Company, from 1981 to 1983, Mr. Krohn was senior engineer with Taylor Energy. From 1996 to 1997, Mr. Krohn was also Chairman and Chief Executive Officer of Aviara Energy Corporation in Houston, Texas. In 2013, Mr. Krohn was appointed to serve on the board of directors of the American Petroleum Institute. He also serves on the board of directors of a privately owned company. As founder of the Company, Mr. Krohn is one of the driving forces behind the Company and its success to date. Over the course of the Company’s history, Mr. Krohn has successfully grown the Company through his exceptional leadership skills and keen business judgment.
As the Chairman of the Board, President, and Chief Executive Officer of W & T Offshore Inc, the total compensation of Tracy Krohn at W & T Offshore Inc is $5,341,860. There are no executives at W & T Offshore Inc getting paid more.
Tracy Krohn is 65, he's been the Chairman of the Board, President, and Chief Executive Officer of W & T Offshore Inc since 2017. There are 3 older and 8 younger executives at W & T Offshore Inc. The oldest executive at W & T Offshore Inc is S. James Nelson, 78, who is the Independent Director.
Tracy's mailing address filed with the SEC is 5718 WESTHEIMER RD, SUITE 700, , HOUSTON, TX, 77057.
Over the last 20 years, insiders at W & T Offshore Inc have traded over $685,385 worth of W & T Offshore Inc stock and bought 5,071,490 units worth $13,757,891 . The most active insiders traders include Tracy W Krohn, Stephen L Schroeder, and John D Gibbons. On average, W & T Offshore Inc executives and independent directors trade stock every 29 days with the average trade being worth of $159,578. The most recent stock trade was executed by Sameer Parasnis on 3 July 2024, trading 22,685 units of WTI stock currently worth $44,689.
we are an independent oil and natural gas acquisition, exploitation and exploration company. we are focused primarily in the gulf of mexico area, where we have developed significant technical expertise and where the high production rates associated with hydrocarbon deposits have historically provided us the best opportunity to achieve a rapid payback on our invested capital. we own working interests in approximately 77 fields in federal and state waters, and have interests in leases covering approximately 0.9 million acres. our proved reserves at december 31, 2009 were 371 bcfe, with a pre-tax pv-10 of $890.0 million (including plug and abandonment cost). of those, 76% were proved developed reserves and 45% were natural gas reserves. we are headquartered in houston, texas and trade on the nyse under the symbol "wti". for more information, please visit our website at www.wtoffshore.com
W & T Offshore Inc executives and other stock owners filed with the SEC include: