The estimated Net Worth of David A. Fowler is at least $2.03 Million dollars as of 10 September 2019. Mr. Fowler owns over 20,750 units of Ring Inc stock worth over $252,285 and over the last 11 years he sold REI stock worth over $1,335,591. In addition, he makes $446,448 as President at Ring Inc.
David has made over 11 trades of the Ring Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 20,750 units of REI stock worth $34,445 on 10 September 2019.
The largest trade he's ever made was selling 30,000 units of Ring Inc stock on 12 May 2017 worth over $403,200. On average, David trades about 7,298 units every 104 days since 2013. As of 10 September 2019 he still owns at least 152,900 units of Ring Inc stock.
You can see the complete history of Mr. Fowler stock trades at the bottom of the page.
David A. Fowler serves as President of the Company., since January 23, 2013. He has served in several management positions for various companies in the insurance and financial services industries. In 1994, he joined Petroleum Listing Service as Vice President of Operations, overseeing oil and gas property listings, information packages, and marketing oil and gas properties to industry players. In late 1998, Mr. Fowler became the Corporate Development Coordinator for the Independent Producer Finance (“IPF”) group of Range Resources Corporation. Leaving IPF in April 2001, Mr. Fowler co-founded and became President of Simplex Energy Solutions, LLC (“Simplex”). Representing Permian Basin oil and gas independent operators, Simplex became known as the Permian Basin’s premier oil and gas divestiture firm, closing over 150 projects valued at approximately $675 million. Mr. Fowler has served as President of the Company since January 2013.
As the President of Ring Inc, the total compensation of David Fowler at Ring Inc is $446,448. There are no executives at Ring Inc getting paid more.
David Fowler is 61, he's been the President of Ring Inc since 2020. There are 6 older and 8 younger executives at Ring Inc. The oldest executive at Ring Energy Inc is Clayton Woodrum, 79, who is the Independent Director.
David's mailing address filed with the SEC is 4600 HILLTOP DRIVE, , MIDLAND, TX, 79707.
Over the last 11 years, insiders at Ring Inc have traded over $84,901,923 worth of Ring Inc stock and bought 5,177,614 units worth $10,867,130 . The most active insiders traders include Pincus & Co Us, Llc Warburg..., Energy Ii Operating, Llcstr..., and Pincus (E&P) Xii Llc Warbur.... On average, Ring Inc executives and independent directors trade stock every 57 days with the average trade being worth of $1,170,627. The most recent stock trade was executed by John A Crum on 1 December 2023, trading 50,000 units of REI stock currently worth $83,500.
company profile management's primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. ring energy, inc. (nyse mkt: rei) is a texas-based oil and gas exploration, development and production company with current operations in texas and kansas. founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. as of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million boe's (barrel of oil equivalents) and an estimated $198 million* in pv-10 (future net revenues discounted 10%). ring energy's management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. with over 100 years of combined experienc
Ring Inc executives and other stock owners filed with the SEC include: