The estimated Net Worth of L Melvin Cooper is at least $1.4 Milión dollars as of 3 March 2023. Mr. Cooper owns over 2,000 units of Par Pacific stock worth over $712,347 and over the last 14 years he sold PARR stock worth over $515,721. In addition, he makes $167,500 as Independent Director at Par Pacific.
L has made over 9 trades of the Par Pacific stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 2,000 units of PARR stock worth $59,700 on 3 March 2023.
The largest trade he's ever made was exercising 28,571 units of Par Pacific stock on 31 August 2016 worth over $49,999. On average, L trades about 1,084 units every 65 days since 2010. As of 3 March 2023 he still owns at least 38,990 units of Par Pacific stock.
You can see the complete history of Mr. Cooper stock trades at the bottom of the page.
L. Melvin Cooper CPA serves as Independent Director of the Company. He has been a member of our Board of Directors since August 2012. Currently, Mr. Cooper serves as the Senior Vice President and Chief Financial Officer of Forbes Energy Services Ltd. (OTCPK: FLSS) ("Forbes"), a public Company in the energy services industry. Forbes entered into a pre-packaged Chapter 11 in January 2017 and exited in April 2017. Prior to joining Forbes in 2007, Mr. Cooper served as Chief Financial Officer or President of companies involved in site preparation for oil and gas exploration companies, supplying products and services to new home builders, and supply chain management. Since October 2010, Mr. Cooper has been a Director of Flotek Industries, Inc. (NYSE: FTK). In July 2016, Mr. Cooper joined the Board of Directors of SAExploration Holdings, Inc. (NASDAQ: SAEX). Mr. Cooper earned a degree in accounting from Texas A&M University-Kingsville (formerly Texas A&I) in 1975. Mr. Cooper has been a Certified Public Accountant since May 1977. Mr. Cooper’s extensive experience in the energy industry and in corporate governance, as well as his financial background, brings significant additional operating, financial, and management experience to the Board.
As the Independent Director of Par Pacific, the total compensation of L Cooper at Par Pacific is $167,500. There are 15 executives at Par Pacific getting paid more, with William Pate having the highest compensation of $2,460,510.
L Cooper is 66, he's been the Independent Director of Par Pacific since 2012. There are 2 older and 16 younger executives at Par Pacific. The oldest executive at Par Pacific Holdings, Inc. is Walter Dods, 78, who is the Independent Director.
L's mailing address filed with the SEC is 825 TOWN AND COUNTRY LANE, SUITE 1500, , HOUSTON, TX, 77024.
Over the last 12 years, insiders at Par Pacific have traded over $220,975,563 worth of Par Pacific stock and bought 39,283,166 units worth $124,738,384 . The most active insiders traders include Advisors Llcwhitebox Asymme..., Advisors Llcwhitebox Genera... a Trust Co Llcegi Investors, .... On average, Par Pacific executives and independent directors trade stock every 28 days with the average trade being worth of $6,853,278. The most recent stock trade was executed by Ivan Daniel Guerra on 13 March 2024, trading 6,000 units of PARR stock currently worth $224,940.
Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. The company operates through three segments: Refining, Retail, and Logistics. The Refining segment owns and operates three refineries that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, distillate, asphalt, low sulfur fuel oil, and other associated refined products primarily for consumption in Hawaii, Pacific Northwest, Wyoming, and South Dakota. The Retail segment operates 119 fuel retail outlets, which sell merchandise, such as soft drinks, prepared foods, and other sundries in Hawaii under the Hele, 76, and nomnom brands; and gasoline, diesel, and retail merchandise in Washington and Idaho under the Cenex, nomnom, and Zip Trip brand names. The Logistics segment owns and operates terminals, pipelines, a single point mooring, and trucking operations to distribute refined products throughout the island of Oahu, Maui, Hawaii, Molokai, and Kauai. It also leases marine vessels; owns and operates a crude oil pipeline gathering system, a refined products pipeline, storage facilities, and loading racks in Wyoming; and a jet fuel storage facility and pipeline that serves Ellsworth Air Force Base in South Dakota. In addition, this segment owns and operates a marine terminal, a unit train-capable rail loading terminal, storage facilities, a truck rack, and a proprietary pipeline that serves Joint Base Lewis McChord. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was incorporated in 1984 and is headquartered in Houston, Texas.
Par Pacific executives and other stock owners filed with the SEC include: