The estimated Net Worth of B Frank Stanley is at least $853 Tisíc dollars as of 14 June 2024. Mr. Stanley owns over 38,760 units of W & T Offshore Inc stock worth over $629,874 and over the last 16 years he sold WTI stock worth over $0. In addition, he makes $223,000 as Independent Director at W & T Offshore Inc.
B has made over 10 trades of the W & T Offshore Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 38,760 units of WTI stock worth $76,357 on 14 June 2024.
The largest trade he's ever made was exercising 38,760 units of W & T Offshore Inc stock on 14 June 2024 worth over $76,357. On average, B trades about 4,298 units every 192 days since 2009. As of 14 June 2024 he still owns at least 319,733 units of W & T Offshore Inc stock.
You can see the complete history of Mr. Stanley stock trades at the bottom of the page.
B. Frank Stanley CPA serves as Independent Director of the Company. He serves as a member of our Audit, Compensation and Nominating and Corporate Governance Committees. He is currently Co-Chief Executive Officer and Chief Financial Officer of Retail Concepts, Inc., a privately-held retail chain of 32 stores in 13 states with over seven hundred employees. Prior to joining Retail Concepts, Inc. in 1988, he was Chief Financial Officer of Southpoint Porsche Audi WGW Ltd. from 1987 to 1988. From 1985 to 1987, he was employed by KPMG Peat Marwick, holding the position of Manager, Audit in 1987. From 1983 to 1984, he was Chief Financial Officer of Design Research, Inc., a manufacturer of housing for offshore drilling platforms. From 1980 to 1982, he was Chief Financial Officer of Tiger Oilfield Rental Co., Inc. and, from 1977 to 1979, he was an accountant with Trunkline Gas Co. Mr. Stanley holds a B.B.A. in Accounting from Texas A&M University and is a certified public accountant. Mr. Stanley has an extensive background in accounting and financial matters, which qualify him for service as a member of our Board and Audit, Compensation, and Nominating and Corporate Governance Committees.
As the Independent Director of W & T Offshore Inc, the total compensation of B Stanley at W & T Offshore Inc is $223,000. There are 8 executives at W & T Offshore Inc getting paid more, with Tracy Krohn having the highest compensation of $5,341,860.
B Stanley is 65, he's been the Independent Director of W & T Offshore Inc since 2009. 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.
B'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 a 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: