The estimated Net Worth of Greg Mc Cabe is at least $58.9 Million dollars as of 11 November 2020. Mr. Cabe owns over 1,630,434 units of Torchlight Resources Inc stock worth over $58,879,107 and over the last 9 years he sold TRCH stock worth over $0. In addition, he makes $0 as Chairman of the Board at Torchlight Resources Inc.
Gregory has made over 2 trades of the Torchlight Resources Inc stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 1,630,434 units of TRCH stock worth $750,000 on 11 November 2020.
The largest trade he's ever made was buying 1,630,434 units of Torchlight Resources Inc stock on 11 November 2020 worth over $750,000. On average, Gregory trades about 210,054 units every 216 days since 2015. As of 11 November 2020 he still owns at least 11,894,769 units of Torchlight Resources Inc stock.
You can see the complete history of Mr. Cabe stock trades at the bottom of the page.
Gregory McCabe Sr serves as Chairman of the Board of the Company. Mr. McCabe has been a member of our Board of Directors since July 2016 and was appointed Chairman of the Board in October 2016. He is an experienced geologist who brings over 32 years of oil and gas experience to our company. He is a principal of numerous oil and gas focused entities including McCabe Petroleum Corporation, Manix Royalty, Masterson Royalty Fund and G-Mc Exploration. He has been the President of McCabe Petroleum Corporation from 1986 to the present. Mr. McCabe has been involved in numerous oil and gas ventures throughout his career and has a vast experience in technical evaluation, operations and acquisitions and divestitures. Mr. McCabe is also our largest stockholder and provided entry for us into our two largest assets, the Hazel Project in the Midland Basin and the Orogrande Project in Hudspeth County, Texas.
Gregory McCabe is 59, he's been the Chairman of the Board of Torchlight Resources Inc since 2016. There are 2 older and 3 younger executives at Torchlight Resources Inc. The oldest executive at Torchlight Energy Resources Inc is Roger Wurtele, 73, who is the Chief Financial Officer.
Greg's mailing address filed with the SEC is 500 WEST TEXAS AVE., SUITE 890, MIDLAND, TX, 79701.
Over the last 13 years, insiders at Torchlight Resources Inc have traded over $9,701 worth of Torchlight Resources Inc stock and bought 1,799,543 units worth $1,135,299 . The most active insiders traders include Greg Mc Cabe, Michael James Graves, and Alexandre Zyngier. On average, Torchlight Resources Inc executives and independent directors trade stock every 150 days with the average trade being worth of $969,319. The most recent stock trade was executed by Alexandre Zyngier on 22 June 2021, trading 600,000 units of TRCH stock currently worth $630,000.
Torchlight Energy Resources, Inc., based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin.
Torchlight Resources Inc executives and other stock owners filed with the SEC include: